BOSTON, MA— November 20, 2008  — Falcon Investment Advisors LLC (“Falcon”) announced an investment in Northcentral University (”NCU”) in support of Rockbridge Growth Equity’s (”Rockbridge”) recapitalization of Northcentral University (”NCU”).

NCU is a for-profit online higher education institution currently serving over 7,500 students worldwide. NCU offers bachelor’s, master’s and doctoral degrees in the schools of Business and Technology Management, Education and Psychology. NCU is regionally accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools. In the face of unprecedented turmoil in the leveraged finance markets, Falcon provided Rockbridge and NCU management with a creative and reliable financing solution.