National American University Approved to Offer Nursing Program in South Dakota

RAPID CITY, S.D.--(BUSINESS WIRE)--National American University (“NAU”) , which is a wholly owned subsidiary of National American University Holdings, Inc. (the “Company”) (OTCBB: NAUH), today announced that it has been approved by the South Dakota Board of Nursing to offer a Bachelor of Science in Nursing (BSN) degree program in South Dakota. The BSN program will be offered at the Rapid City and Sioux Falls campuses beginning in the spring quarter, which starts on March 10^th.

The BSN program is a full-time, four-year program. The program includes a foundational core of general education courses that students will take beginning in the spring quarter and progresses into clinical nursing core studies. The BSN Program will accept a total of 24 cohorts (students) per year, 16 at the Rapid City campus and eight at the Sioux Falls campus.

Julia Bronner, Dean of the School of Nursing at National American University said, “We are pleased to be able to offer a BSN program at our Rapid City and Sioux Falls campuses, which we feel responds to the rising shortage for bachelor-prepared registered nurses in South Dakota and across the U.S. Given the current demand for qualified nurses and nurse educators throughout the United States, we feel that this is a market that will continue to grow and expand. This is an opportunity for NAU to continue our commitment to meeting the needs of the local healthcare industry and the people of South Dakota.”

National American University currently offers the BSN program at the Bloomington, Minnesota, campus. NAU also has other nursing programs in Denver, Colorado, and at the Overland Park and Zona Rosa campuses, located in the Kansas City metro area. In addition, NAU offers an Online RN-to-BSN bachelor’s degree completion program and the new Master of Science in Nursing graduate program through its distance learning delivery model.

National American University’s Eastern South Dakota Locations Aligned with New Region

NAU also announced that it has realigned its Sioux Falls Campus and Watertown, SD Education Center with the NAU East/Southeast region to more efficiently manage its operations and better serve its students. Ms. Michaelle Holland is the regional president for the East/Southeast region and will now oversee these two locations in addition to nine other NAU locations in this region.

National American University’s Rapid City Campus to Offer New Scholarship Option

National American University announced that it now offers a bachelor’s degree in business administration with an emphasis in tourism and hospitality management at its Rapid City campus. The Clarkson Family Foundation has created a scholarship program for Native American students who are enrolled in these courses at the campus.

About National American University Holdings, Inc.

National American University Holdings, Inc., through its wholly owned subsidiary, owns National American University. Accredited by the Higher Learning Commission and a member of the North Central Association of Colleges and Schools, National American University has been providing quality career education since 1941. National American University opened its first campus in Rapid City, South Dakota, and the university has grown to multiple locations throughout the central United States.

In 1996, National American University started developing online courses through its hybrid education learning centers, and today offers students the flexibility and convenience to take classes at times and places of their choice to fit their busy lifestyle.

Forward Looking Statements

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding NAUH's business. Statements made in this release, other than those concerning historical financial information, may be considered forward-looking statements, which speak only as of the date of this release and are based on current beliefs and expectations and involve a number of assumptions. These forward-looking statements include outlooks or expectations for earnings, revenues, expenses or other future financial or business performance, strategies or expectations, or the impact of legal or regulatory matters on business, results of operations or financial condition. Specifically, forward-looking statements may include statements relating to the future financial performance of NAUH; the ability to continue to receive Title IV funds; the growth of the market for NAUH’s services; expansion plans and opportunities; consolidation in the market for NAUH’s services generally; and other statements preceded by, followed by or that include the words “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “target” or similar expressions. These forward-looking statements involve a number of known and unknown risks and uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: (1) NAU’s maintenance of Title IV eligibility and Department of Education/Higher Learning Commission accreditation; (2) success in retaining or recruiting, or changes required in, its officers, key employees or directors; (3) the potential liquidity and trading of NAUH's common stock; (4) adverse tax consequences related to National American University Foundation; (5) NAUH's revenues and operating performance; (6) changes in overall economic conditions; (7) anticipated business development activities of NAUH; (8) risks and costs associated with regulation of corporate governance and disclosure standards (including pursuant to Section 404 of the Sarbanes-Oxley Act of 2002); and (9) other risks referenced from time to time in NAUH's filings with the Securities and Exchange Commission and those factors listed in the Current Form on Form 8-K filed on November 30, 2009 therein under “ Risk Factors.” NAUH assumes no obligation to update the information contained in this release.