Ryan & Maniskas, LLP announces that a class action lawsuit has been filed in the United States District Court for the District of Massachusetts on behalf of purchasers of the common stock of The Princeton Review, Inc. (“Princeton Review” or the “Company”) in or traceable to the Company’s offering of common stock on or about April 15, 2010 (the “Offering”), as well as purchasers of the Company’s common stock between March 12, 2009 and March 11, 2011, inclusive (the “Class Period”).

For more information regarding this class action suit, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/revu.

Princeton Review provides integrated classroom-based print and online products and services to the high school and post-secondary markets in the United States and internationally. The complaint charges Princeton Review and certain of its officers and directors with violations of the Securities Act of 1933 and the Securities Exchange Act of 1934. The complaint alleges that, during the Class Period, defendants misrepresented and/or failed to disclose the following adverse facts: (1) that the Company’s revenues and earnings were negatively impacted by increased competition in its marketplace,; (2) that a number of significant operational problems existed at the Company that negatively impacted its business; (3) that the Company had shifted its focus away from its core higher education readiness and Penn Foster core businesses; (4) that contrary to the Company’s public statements, the Company was not executing well on its turn-around plan; and (5) that, as a result of the foregoing, defendants’ positive statements about the Company were lacking in a reasonable basis of fact and were materially false and misleading when made.

On March 9, 2011, the Company announced that Princeton Review’s President and Chief Executive Officer (“CEO”), defendant Michael Perik, resigned and that the Board appointed John M. Connolly as Interim President and CEO. That same day, Princeton Review issued a press release announcing its financial results for the fourth quarter and full year 2010. For the full year 2010, loss from continuing operations was $50.4 million, compared to a loss of $13.9 million in 2009. On this news, shares of Princeton Review stock declined 37.80% to $0.51 per share on March 10, 2011, and then declined another 23.53% on March 11, 2011, to close at $0.39 per share on very heavy volume.

If you are a member of the class, you may, no later than September 27, 2011, request that the Court appoint you as lead plaintiff of the class. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as "lead plaintiff." Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Ryan & Maniskas, LLP or other counsel of your choice, to serve as your counsel in this action.

For more information about the case or to participate online, please visit: www.rmclasslaw.com/cases/revu or contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218, or by e-mail at rmaniskas@rmclasslaw.com. For more information about class action cases in general or to learn more about Ryan & Maniskas, LLP, please visit our website: www.rmclasslaw.com.

Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.