Wiley Becomes Global Publisher of the Official GMAT Study Guides

Wiley Publishing, Inc. announced today that it is now the official publisher of the Graduate Management Admission Test® (GMAT®) study guides.

Hoboken, New Jersey (October 23, 2008)—Wiley Publishing, Inc. announced today that it is now the official publisher of the Graduate Management Admission Test® (GMAT®) study guides. The publishing program will begin with The Official Guide for GMAT Review, 12th Edition, and will follow with new editions of The Official Guide for GMAT Verbal Review and The Official Guide for GMAT Quantitative Review.

The guides are authored by the Graduate Management Admission Council® (GMAC®), the owner and administrator of the GMAT exam.

Wiley Publishing will handle all aspects of production and distribution for The Official Guide for GMAT Review and its companion publications. Wiley will work with booksellers to increase visibility for the books, while ownership of the guides will remain with GMAC.

“This strategic partnership brings together two businesses with complementary goals,” said Cindy Kitchel, vice president and publisher, Wiley Professional/Trade publishing. “GMAC shares Wiley’s vision of providing valuable educational tools to aid students and life learners. By enabling test-takers to study from retired test questions, these official publications truly prepare test-takers to succeed both on the test and in business school.”

The GMAT exam is a computer-adaptive exam that measures basic verbal, mathematical, and analytical writing skills acquired through education and work experience. Available in more than 100 countries, it is the global standard for entry into graduate management education programs. As of September 30, more than 223,000 students worldwide have registered for the GMAT in 2008, a nearly 12 percent increase over the same period last year.

With the Official Guides, test takers get questions, answers and explanations straight from the source—the creators of the GMAT itself. Fully revised and updated, each guide is filled with retired questions from past exams. The Official Guide for GMAT Review, 12th Edition, which will be released in March 2009, contains more than 800 multiple-choice questions arranged in order of difficulty to save readers time, plus a diagnostic section to help students identify their skill level for more focused study. Readers will also find actual essay topics, sample responses, and scoring information, as well as insights that debunk test-taking myths.

“GMAC has found Wiley to be an excellent partner in distributing the Official Guides around the world,” said Peg Jobst, senior vice president of the GMAT Program at the Graduate Management Admission Council. “We are pleased to be able to rely on Wiley’s expertise to develop our guides and make them available to people interested in careers in business.”

About Wiley

Founded in 1807, John Wiley & Sons, Inc. has been a valued source of information and understanding for 200 years, helping people around the world meet their needs and fulfill their aspirations. Since 1901, Wiley and its acquired companies have published the works of more than 350 Nobel laureates in all categories: Literature, Economics, Physiology or Medicine, Physics, Chemistry and Peace.
Wiley’s core businesses publish scientific, technical, medical and scholarly journals, encyclopedias, books, and online products and services; professional/trade books, subscription products, training materials, and online applications and Web sites; and educational materials for undergraduate and graduate students and lifelong learners. Wiley’s global headquarters are located in Hoboken, New Jersey, with operations in the United States, Europe, Asia, Canada, and Australia. The Company's Web site can be accessed at www.wiley.com. The Company is listed on the New York Stock Exchange under the symbols JWa and JWb.

About GMAC

The Graduate Management Admission Council (www.gmac.com), based in McLean, Virginia, is a nonprofit education organization of leading graduate business schools worldwide dedicated to creating access to and disseminating information about graduate management education. GMAC owns the Graduate Management Admission Test (GMAT), used by approximately 4,500 graduate management programs at more than 1,900 business schools worldwide to assess applicants. The GMAT exam was created in 1954 and remains the first and only standardized test specifically designed for graduate business and management programs around the world. More information about the GMAT exam is at www.mba.com.