FOR IMMEDIATE RELEASE
| Contact: | Tanya Mitchell |
| LearningRx | |
| Phone: (719) 264-8808 | |
| E-Mail: tanya@learningrx.com |
Wednesday, March 17, 2010
Brain-Training Industry Bucks 2009 Recession with Huge Growth
National franchise LearningRx reports impressive 2009 profits and plans to open new centers
Colorado Springs, CO – After a year when most companies are claiming huge losses and downsizing staff, the brain-training industry seems to be bucking the recession trend.
On February 24, 2010, the founder of LearningRx, Dr. Ken Gibson, presented a “State of the System” address to more than 90 staff members and franchise owners across the country. The teleconference and Webinar confirmed in great financial detail that LearningRx was not only profitable last year, but positioning itself to continue growing very quickly over the next four years.
Although LearningRx’s focus is on in-person brain training, the company’s growth seems to mirror that of the brain-fitness software industry, which grew from $100 million in estimated annual revenue in 2005 to $265 million in 2008. (SOURCE: SharpBrains.com) But unlike many companies selling video games and products targeted to Baby Boomers’ age-related cognitive decline, LearningRx is primarily focused on helping children and teens become faster and more effective learners using intense one-on-one cognitive skills training. And the changes are profound. In fact, the results of an independent research study funded by the National Science Foundation were recently presented to Congress touting the benefits of LearningRx’s programs – and the profound effects they could have on the country’s educational system.
“Once scientists pointed out that the brain could actually change, the brain-training industry just took off,” said Dr. Gibson. “But people want products and services that provide life-changing results, not just a pocket video game. Cognitive skills training treats the root cause of learning struggles by strengthening skills like memory and attention, so we’re treating the cause of learning problems where tutoring would just be a Band-Aid. For kids who are already good learners, it can strengthen their brain skills to make them great learners.”
LearningRx was named the No. 1 Child Enrichment Franchise for 2009 and 2010 by Entrepreneur magazine and has been listed on Entrepreneur’s “Top 500 Franchises” for several years. The company has also been included among the fastest growing franchise systems by Franchise Times and has been among the “Top 100 Franchisors” according to Franchise Market Magazine.
About LearningRx
LearningRx specializes in identifying and correcting the underlying cognitive skill deficiencies that keep people from achieving their full potential in school, business or life. The program was pioneered by Dr. Ken Gibson and refined over a decade of research and testing. Using a comprehensive skills assessment test and intensive one-on-one training, certified trainers quickly and effectively enhance weak cognitive skills such as attention, memory, processing speed, and problem solving. Students completing the program usually see three to four years of improvement in as little as 12 to 24 weeks and benefit from improved confidence, self-esteem and overall achievement. The company guarantees improvement for all people with deficiencies who complete the training.
To learn more about LearningRx, visit www.learningrx.com.
To schedule an interview with Dr. Gibson, call (719)264-8808 or email Tanya@LearningRx.com.
