Feb. 21, 2011 (PR Newswire) --

Source: PR Newswire (February 21, 2011 - 5:00 PM EST) http://www.zoominto.com/software/ieplugi...http://";

To accommodate more candidates for the exam, ATA added testing centers in three new locations including Jiangsu Yixing, Hunan Zhuzhou and Hunan Yueyang. With support from China Banking Association Professional Certification Office and Hong Kong Institute of Bankers, ATA held the CBPC exam for the first time in Hong Kong on June 6th. According to the memorandum of mutual recognition of qualifications between the China Banking Association and the Hong Kong Institute of Bankers, any practitioner who already holds a Certified Financial Management Planner Examination (CFMP) Level One certificate (Hong Kong version), as long as they pass the fundamental subjects of the CBPC exam, will be qualified for private wealth management by China Banking Association.

'We are pleased to reach another milestone in the development of our computer based testing business,' commented Mr. Kevin Ma, Chairman and Chief Executive Officer of ATA. 'The CBPC test is another example of the successful execution of our strategy as we expanded the number of test centers to better address the needs of our customers, added new test titles, and attracted a record number of test takers for this recurring exam.'

ATA leveraged its unique technology platform to provide unmatched support services to the CBPC exam including remote monitoring, and data analysis. China Banking Association representatives in Beijing monitored the exam in different testing centers remotely through real time online video conference. They also made an onsite visit to the exam site at Beijing University of Science and Technology.

About ATA Inc.:

ATA Inc. (NASDAQ: ATAI) ('ATA' or the 'Company') is the leading provider of computer-based testing services in China. The Company offers comprehensive services for the creation and delivery of computer-based tests based on its proprietary testing technologies and test delivery platform. The Company's computer-based testing services are used for professional licensure and certification tests in various industries, including information technology, or IT, services, banking, teaching, securities, insurance and accounting. ATA's test center network comprised 1,925 authorized test centers located throughout China as of March 31, 2009, which the Company believes is the largest test center network of any commercial testing service provider in China. Combined with its test delivery technologies, this network allows ATA's clients to administer large-scale nationwide tests in a consistent, secure and cost-effective manner. ATA has delivered over 28 million tests including 18.4 million billable tests since it commenced operations in 1999, and in June 2008 delivered tests to approximately 470,000 test takers over a single weekend for the China Banking Association through its test delivery platform. For further information, please visit: http://www.ata.net.cn .

Safe-Harbor Statement

This announcement may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'look forward to,' 'outlook,' 'forecast,' 'will,' 'expect,' 'anticipate,' 'future,' 'intend,' 'plan,' 'believe,' 'estimate' and similar terminology. Among the factors that could cause the Company's actual financial and operating results to differ from what the Company currently anticipate may include the Company's ability to meet challenges associated with its rapid expansion, the Company's ability to meet the expectations of current and future clients, the Company's ability to expand its test titles, the health of the PRC economy, and uncertainties with respect to the PRC legal and regulatory environments. For additional information on these and other important risk factors that could adversely affect the Company's business, financial condition, results of operations and future prospects, please refer to a more detailed discussion of the Company's risk factors in the Company's filings with the Securities and Exchange Commission.

    For more information, please contact:

    ATA Inc.
     Carl Yeung, CFO
     Phone: +86-10-6518-1122 x5107
     Email: carlyeung@ata.net.cn
     URL:   http://www.ata.net.cn

    CCG Investor Relations

     Crocker Coulson, President
     Phone: +1-646-213-1915

     Ed Job, CFA
     Phone: +1-646-213-1914
     Email: ed.job@ccgir.com
     URL:   http://www.ccgirasia.com

SOURCE ATA Inc.

Source: PR Newswire (June 16, 2009 - 7:01 AM EDT)

The day's schedule will commence with opening remarks at 9:30 a.m., and is expected to conclude at approximately 4:00 p.m.

Presenters at this conference will include Kevin Xiaofeng Ma, CEO, Walter Lin Wang, President and Carl Yeung, Chief Financial Officer, and other members of the executive management team.

Seats for this event are limited and by invitation only. To request a reservation, please contact Erin Cox at (310) 954-1355 and erin.cox@ccgir.com.

The day's schedule will commence with opening remarks at 9:30 a.m., and is expected to conclude at approximately 4:00 p.m.

Presenters at this conference will include Kevin Xiaofeng Ma, CEO, Walter Lin Wang, President and Carl Yeung, Chief Financial Officer, and other members of the executive management team.

Seats for this event are limited and by invitation only. To request a reservation, please contact Erin Cox at (310) 954-1355 and erin.cox@ccgir.com.

About ATA Inc.:

ATA is the leading provider of computer-based testing services in China. The Company offers comprehensive services for the creation and delivery of computer-based tests based on its proprietary testing technologies and test delivery platform. The Company's computer-based testing services are used for professional licensure and certification tests in various industries, including information technology, or IT, services, banking, teaching, securities, insurance and accounting. ATA's test center network comprised 1,918 authorized test centers located throughout China as of December 31, 2008, which the Company believes is the largest test center network of any commercial testing service provider in China. Combined with its test delivery technologies, this network allows ATA's clients to administer large-scale nationwide tests in a consistent, secure and cost-effective manner. ATA has delivered over 27 million tests including 17.8 million billable tests since it commenced operations in 1999, and in June 2008 delivered tests to approximately 470,000 test takers over a single weekend for the China Banking Association through its test delivery platform. For further information, please visit: http://www.ata.net.cn

                                              
    CONTACT:
    ATA Inc.                                     CCG Investor Relations
    Carl Yeung, CFO                              Crocker Coulson, President
    Phone: +(86) 10 65181122-5107                Phone: +(1) 646-213-1915
    Email: ir@ata.net.cn                         Ed Job, CFA
    URL: http://www.ata.net.cn                   Phone: +(1) 646-213-1914
                                                 Email: ed.job@ccgir.com
                                                 URL: http://www.ccgirasia.com

SOURCE ATA Inc.

Source: PR Newswire (May 28, 2009 - 1:55 PM EDT)

Feed Information:

The Closing Bell is available from 3:50 p.m. to 4:05 p.m. on AMC-3/C-3 (ul 5985V; dl 3760H). The feed can also be found on Ascent fiber 1623. If you have any questions, please contact Robert Madden at (646) 441-5045.

Radio Feed:

An audio transmission of the Closing Bell is also available from 3:50 p.m. to 4:05 p.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can be found on Ascent fiber 1623 as well.

Webcast:

A live webcast of the NASDAQ Closing Bell will be available at: http://www.nasdaq.com/about/marketsiteto...

Photos:

To obtain a high-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsi... and click on the market close of your choice.

About China Rising Investment Conference:

The China Rising Investment Conference will host more than 30 public and private growth companies from China in sectors including consumer staples, agriculture, pharmaceuticals, infrastructure, information technology, advanced materials, capital goods, and alternative energy.

For more information please visit www.ccgirasia.com or the conference website at http://www.chinarisingconference.com/.

About CCG Investor Relations:

CCG is one of the nation's leading investor relations and strategic communications agencies. In business for more than 30 years, the agency provides a complete range of investor communications and counseling services to nearly 80 clients across multiple capital markets. CCG has been awarded a number of industry honors for its handling of complex investor relations and crisis communications matters. The agency's corporate headquarters is in Los Angeles with additional offices in New York; San Francisco; Beijing; Shanghai; Shenzhen; Frankfurt; Tel Aviv; and Dallas, Texas. For further information, contact CCG directly, or visit the Company's Web sites at http://www.ccgir.com and http://www.ccgirasia.com.

About NASDAQ OMX in China:

Currently there are a total of 96 companies listed on NASDAQ from Greater China, of which 78 are from Mainland China, 13 are from Hong Kong/Macao and 5 are from Taiwan. NASDAQ OMX technology powers some of the leading exchanges in Asia including the Hong Kong Exchanges and Clearing Ltd. (HKEX). In December, 2007, NASDAQ was the first U.S. exchange to open its office in Beijing, China.

About NASDAQ OMX:

The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with over 3,800 listed companies. NASDAQ OMX Group offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North; and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs. NASDAQ OMX Group technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX Group exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.

NDAQA

Source: GlobeNewswire (May 15, 2009 - 10:00 AM EDT)

The following are estimates of the Company's preliminary unaudited financial results for the fiscal year and fourth quarter ended March 31, 2009. Please note that these estimates remain subject to change. These results may, for example, become subject to adjustment based upon, among other things, completion of the full-year reporting process, and audited results could differ materially from the estimates provided below. For additional information regarding the various risks and uncertainties inherent in estimates of this type, see the section entitled 'Cautionary Note Regarding Forward-Looking Statements' at the end of this press release.

    Preliminary Fiscal Year 2009 Highlights
    -- Net revenue increased 27.6% year-over-year to RMB219.6 million
       (US$32.1 million).
    -- Gross profit increased 21.2% year-over-year to RMB127.5 million
       (US$18.7 million).
    -- Income from operations increased to RMB34.8 million (US$5.1 million)
       compared to RMB23.4 million in the previous year.
    -- Net income was RMB30.7 million (US$4.5 million), compared to RMB20.2
       million in the previous year.
    -- Net income excluding share-based compensation expense and foreign
       currency exchange losses, net (non-GAAP) was RMB35.6 million
       (US$5.2 million), compared to RMB27.7 million in the previous year.
    -- Basic and diluted earnings per common share were RMB0.68 (US$0.10) and
       RMB0.66 (US$0.10), respectively. Basic and diluted earnings per common
       share excluding share-based compensation expense and foreign currency
       exchange losses (non-GAAP) were RMB0.78 (US$0.11) and RMB0.77 (US$0.11),
       respectively.
    -- Basic and diluted earnings per ADS were RMB1.35 (US$0.20) and RMB1.33
       (US$0.19), respectively. Basic and diluted earnings per ADS excluding
       share-based compensation expense and foreign currency exchange losses
       (non-GAAP) were RMB1.57 (US$0.23) and RMB1.54 (US$0.23), respectively.
       Each ADS represents two common shares of the Company. Please see the
       note about non-GAAP measures and the reconciliation table at the end
       of this press release.
    -- For the full year, ATA delivered approximately 5.1 million tests, an
       increase of 39.4% year over year, while average revenue per test
       increased to RMB27.2 from RMB21.5 in the same period last year.

    Preliminary Fourth Quarter 2009 Highlights
    -- Net revenue increased by 8.8% year-over-year to RMB31.7 million
       (US$4.6 million).
    -- Gross profit decreased by 4.6% year-over-year to RMB15.3 million
       (US$2.2 million).
    -- Loss from operations decreased to RMB4.6 million (US$0.7 million) from
       an operating loss of RMB6.8 million in the same period last year.
    -- Net loss was RMB4.0 million (US$0.6 million) compared to net loss of
       RMB5.7 million in the same period last year.
    -- Net loss excluding share-based compensation expense and foreign
       currency exchange losses (non-GAAP) was RMB3.0 million (US$0.5 million)
       compared to net loss of RMB4.2 million in the same period last year.
    -- Basic and diluted loss per common share was RMB0.09 (US$0.01). Basic
       and diluted loss per common share excluding share-based compensation
       expense and foreign currency exchange losses (non-GAAP) was RMB0.07
       (US$0.01).
    -- Basic and diluted loss per ADS was RMB0.18 (US$0.03). Basic and diluted
       loss per ADS excluding share-based compensation expense and foreign
       currency exchange losses (non-GAAP) was RMB0.13 (US$0.02).  Each ADS
       represents two common shares of the Company. Please see the note about
       non-GAAP measures and the reconciliation table at the end of this press
       release.
    -- For the quarter, ATA delivered approximately 677,000 tests, an increase
       of 13.5% year-over-year. In addition, average revenue per test
       increased to RMB27.0 from RMB19.2 in the same period last year.

'We achieved 27.6% growth in our net revenue in 2009,' commented Kevin Ma, ATA's Chairman and Chief Executive Officer. 'We are pleased to report this performance despite no new ministry-level client launch of new large-scale industry vertical test titles during the year. This means that the platform of existing clients and services we established in 2008 continues to contribute to sustainable, strong organic growth. In addition to our healthy organic growth, we reached important milestones in the execution of our strategic plan with our appointment as exclusive country master distributor for the Test of English for International Communication ('TOEIC') for Educational Testing Service ('ETS') and the launch of our HR Select service. These important milestones allow ATA to diversify into the non-government sponsored testing areas and reduce our dependency on government decisions. With the addition of these new services oriented towards the private sector, and as we continue to make progress with our pending ministry customers, we believe we are in a better position today than ever before to monetize the large testing opportunity in China. I would like to take this opportunity to thank our shareholders for support to ATA throughout the year amid a global financial crisis. We will continue to work hard at creating value for our shareholders as we grow our presence in the large testing market in China and continue to strengthen our corporate governance practices while remaining financially prudent.'

ATA's Chief Financial Officer, Carl Yeung, stated, 'Our Fourth Quarter results were ahead of our guidance due to stronger than expected test-taker volume for the Securities Association of China. The exams for brokers and fund sales professionals launched in fiscal 2009 added 168,000 test takers in a seasonally slow quarter and contributed to slightly higher overall average revenue per test. In addition, we booked our first TOEIC test in March 2009, which also contributed positively to the seasonally slower quarter. Offsetting this was 57% year over year decline in quarterly revenue, from testing services provided to the Ministry of Human Resources and Social Security (MOHRSS), formerly the Ministry of Labor. We believe this decline was due to the integration of the Ministry of Labor and the Ministry of Personnel to form MOHRSS. As the new ministry carried out broader integration tasks, one result was lower-than-normal levels of publicity for these tests, and we are confident that a normal course of growth will resume as the integration is completed. We believe the revenue opportunity behind TOEIC and HR Select will also become more visible in the quarters ahead as these services mature. Based on these expected trends, combined with a highly scalable operation, we look forward to even stronger financial performance in coming quarters.'

Preliminary Financial Results for the Fourth Quarter of 2009

For the fourth quarter ended March 31, 2009 ('Fourth Quarter 2009'), ATA estimates net revenue to total RMB31.7 million (US$4.6 million), representing an 8.8% increase year over year. This increase was mainly driven by an estimated 59.1% increase in net revenue from testing services, and an estimated 104.3% increase in net revenue from test preparation and training solutions, while test-based educational programs declined by an estimated 33.3%.

The overall number of tests delivered increased by 13.5% year over year to approximately 677,000 in Fourth Quarter 2009, while the average revenue per test delivered rose to RMB27.0 from RMB19.2 in the same period of fiscal year 2008. This increase in average revenue per test was due in part to a significant increase in the number of tests delivered for the Securities Association of China.

Fourth Quarter 2009 gross profit is estimated to have decreased by 4.6% year over year to RMB15.3 million (US$2.2 million) from RMB16.0 million in the same period last year. Gross margin is estimated to have decreased to 48.1% in Fourth Quarter 2009 from 54.9% in the same period last year, driven by the increase of amortization on internal-use software for future business, and the decrease of profitability on testing service provided to MOHRSS, formerly the Ministry of Labor. The newly created MOHRSS resulted in a 57% year-on-year decline in test volume while relevant fixed cost was maintained.

Fourth Quarter 2009 operating expenses are estimated to have decreased by 12.8% year over year to RMB20.0 million (USS$2.9 million) from RMB22.8 million in the same period last year, primarily due to the decrease in sales and marketing expenses related to the bonus to sales persons, and share-based compensation.

Loss from operations is estimated to decrease to RMB4.6 million (US$0.7 million) for Fourth Quarter 2009 from an operating loss of RMB6.8 million in the same period last year. Operating margin is expected to be negative 14.5% in the Fourth Quarter of 2009 compared to negative 23.3% in the same period last year. Operating margins improved due to the decrease of operating expenses.

Net loss for the Fourth Quarter 2009 is estimated to be RMB4.0 million (US$0.6 million), compared to net loss of RMB5.7 million in the same period last year. Basic and diluted loss per common share is expected to total RMB0.09 (US$0.01), and basic and diluted loss per ADS totaled RMB0.18 (US$0.03).

Net loss excluding share-based compensation expense and foreign currency exchange losses (non-GAAP) is expected to total RMB3.0 million (US$0.5 million) for Fourth Quarter 2009 compared to loss of RMB4.2 million in the same period last year. Basic and diluted loss per common share excluding share-based compensation expense and foreign currency exchange losses (non-GAAP) are expected to be RMB0.07 (US$0.01). Basic and diluted loss per ADS excluding share-based compensation expense and foreign currency exchange losses (non-GAAP) are expected to be RMB0.13 (US$0.02). Please see the note about non-GAAP measures and the reconciliation table at the end of this press release.

Preliminary Financial Results for the Fiscal Year Ended March 31, 2009

For the fiscal year ended March 31, 2009, ATA estimates net revenue of RMB219.6 million (US$32.1 million), representing a 27.6% increase over net revenue for the fiscal year ended March 31, 2008.

The total number of tests delivered was approximately 5.1 million, an increase of 39.4% over the fiscal year ended March 31, 2008, while average revenue per test increased to RMB27.2 from RMB21.5 the prior year.

The gross profit margin for the full year is expected to be 58.0% compared to 61.1% for the fiscal year ended March 31, 2008 due to lower contribution from the Company's higher gross margin test preparation and training solutions, and lower gross margin in the Fourth Quarter.

The Company's operating margin is expected to improve to 15.8% compared to 13.6% for the fiscal year ended March 31, 2008.

Net income is estimated to be RMB30.7 million (US$4.5 million), and net income excluding share-based compensation expense and foreign currency exchange losses (non-GAAP) is estimated to be RMB35.6 million (US$5.2 million).

Basic and diluted earnings per common share were RMB0.68 (US$0.10) and RMB0.66 (US$0.10), respectively. Basic and diluted earnings per common share excluding share-based compensation expense and foreign currency exchange losses (non-GAAP) were RMB0.78 (US$0.11) and RMB0.77 (US$0.11), respectively.

Basic and diluted earnings per ADS are expected to be RMB1.35 (US$0.20) and RMB1.33 (US$0.19), respectively. Basic and diluted earnings per ADS excluding share-based compensation expense and foreign currency exchange losses (non-GAAP) are expected to be RMB1.57 (US$0.23) and RMB1.54 (US$0.23), respectively. Please see the note about non-GAAP measures and the reconciliation table at the end of this press release.

Other Operating Data

As of March 31, 2009, ATA had 1,925 authorized test centers located throughout China.

The number of weighted average ADSs used to calculate basic and diluted earnings per ADS for the quarter ended March 31, 2009 were 22.8 million. The number of weighted average ADSs used to calculate basic and diluted earnings per ADS for the year ended March 31, 2009 were 22.7 million and 23.1 million, respectively. Each ADS represents two common shares.

ATA had 45.1 million common shares outstanding as of March 31, 2009.

First Quarter 2010 and Full Year Fiscal Year 2010 Guidance

For the fiscal 2010 first quarter, ending June 30, 2009, ATA forecasts net revenue will be in the range of RMB76 million to RMB81 million, representing growth in the range of 11% to 19% compared to the first quarter of fiscal 2009. ATA's preliminary guidance for net revenue for the fiscal year ended March 31, 2010 is in the range of RMB260 million to RMB280 million, which would represent 18% to 28% growth over estimated net revenue for fiscal year 2009. These forecasts reflect the Company's policy to not include new or unimplemented contracts in its guidance. This is ATA's current and preliminary view, which is subject to change. Our preliminary results of operations for Fourth Quarter 2009 and the fiscal year ended March 31, 2009 are not necessarily indicative of our operating results for any future periods.

Conference Call

The Company will host a conference call at 9:00 a.m. ET on May 14, 2009, to discuss the results for Fourth Quarter 2009 and full fiscal year. Joining Kevin Ma, Chairman and Chief Executive Officer of ATA Inc., will be Walter Wang, Director and President, and Carl Yeung, Chief Financial Officer. To participate in the conference call, please dial +1-866-203-3206 five to ten minutes prior to the scheduled conference call time and mention the pass code 63747188. International callers should dial +1-617-213-8848, and mention the pass code 63747188.

If you are unable to participate in the call at this time, a replay will be available on May 14, 2009 at 12:00 p.m. ET, through May 21, 2009. To access the replay, dial +1-888-286-8010, international callers should dial +1-617-801-6888, and enter the pass code 26515642.

This conference call will be broadcast live over the Internet and can be accessed by all interested parties on ATA Inc.'s website at http://www.ata.net.cn . To listen to the live webcast, please go to ATA Inc.'s website at least fifteen minutes prior to the start of the call to register, download, and install any necessary audio software. For those unable to participate during the live broadcast, a replay will be available shortly after the call on ATA Inc.'s website for 90 days.

Other Announcements

On February 28, 2009, ATA completed the acquisition of the entire equity interest of Beijing Jindixin Software Technology Company Limited, or Beijing Jindixin, and its parent company, JDX Holdings Limited. The acquisition is expected to expand ATA's business by allowing ATA to market test delivery services to test sponsors that are using software developed by Beijing Jindixin. The valuation for the fair value of the assets acquired and the liabilities assumed on February 28, 2009 is still in process.

About ATA Inc.:

ATA is the leading provider of computer-based testing services in China. The Company offers comprehensive services for the creation and delivery of computer-based tests based on its proprietary testing technologies and test delivery platform. The Company's computer-based testing services are used for professional licensure and certification tests in various industries, including information technology, or IT, services, banking, teaching, securities, insurance and accounting. ATA's test center network comprised 1,925 authorized test centers located throughout China as of March 31, 2009, which the Company believes is the largest test center network of any commercial testing service provider in China. Combined with its test delivery technologies, this network allows ATA's clients to administer large-scale nationwide tests in a consistent, secure and cost-effective manner. ATA has delivered over 28 million tests including 18.4 million billable tests since it commenced operations in 1999, and in June 2008 delivered tests to approximately 470,000 test takers over a single weekend for the China Banking Association through its test delivery platform. For further information, please visit: http://www.ata.net.cn .

Cautionary Note Regarding Forward-looking Statements

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'look forward to,' 'outlook,' 'forecast,' 'will,' 'expect,' 'anticipate,' 'future,' 'intend,' 'plan,' 'believe,' 'estimate' and similar terminology and include, among other things, the Company's guidance relating to anticipated financial and operating results for the fiscal quarter ending June 30, 2009 and the fiscal year ending March 31, 2010. Among the factors that could cause the Company's actual financial and operating results to differ from what the Company currently anticipates may include the Company's ability to meet challenges associated with its rapid expansion, the Company's ability to meet the expectations of current and future clients, the Company's ability to deploy new test titles, the Company's ability to win new enterprise contracts, the Company's ability to convert its existing enterprise contracts into actual revenue, the Company's ability to implement and maintain effective internal controls over financial reporting, the health of the PRC economy, and uncertainties with respect to the PRC legal and regulatory environments. The financial information contained in this release should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's annual report on Form 20-F for its fiscal year ended March 31, 2008, which was filed with the U.S. Securities and Exchange Commission on August 28, 2008 and is available on the Securities and Exchange Commission's website at http://www.sec.gov . For additional information on these and other important factors that could adversely affect the Company's business, financial condition, results of operations and prospects, see the 'Risk Factors' section of the Company's Form 20-F for the fiscal year ended March 31, 2008.

The forward-looking statements in this release involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the markets in which it operates. The Company undertakes no obligation to update forward-looking statements, which speak only of the Company's views as of the date of this release, to reflect subsequent events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, the Company cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

About Non-GAAP Financial Measures

To supplement ATA's consolidated financial information presented in accordance with U.S. generally accepted accounting principles ('GAAP'), ATA uses the following measures defined as non-GAAP financial measures by the U.S. Securities and Exchange Commission: net income excluding share-based compensation expenses and foreign currency exchange gains (losses) and basic and diluted earnings per ADS excluding share-based compensation expenses and foreign currency exchange gains (losses). The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures, please see the table captioned 'Unaudited Reconciliations of Non-GAAP Measures to the Most Comparable GAAP Measures' set forth at the end of this release. ATA believes that these non-GAAP financial measures provide meaningful supplemental information regarding its performance and liquidity by excluding share-based compensation expenses and foreign currency exchange gains (losses), which may not be indicative of its operating performance from a cash perspective. ATA believes that both management and investors benefit from these non-GAAP financial measures in assessing its performance and when planning and forecasting future periods. These non-GAAP financial measures also facilitate management's internal comparisons to ATA's historical performance and liquidity. ATA computes its non-GAAP financial measures using a consistent method from quarter to quarter. ATA believes these non-GAAP financial measures are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its financial and operational decision making. A limitation of using non-GAAP net income excluding share-based compensation expenses and basic and diluted earnings per share and per ADS excluding share-based compensation expenses is that share-based compensation charges have been, and are expected to continue to be for the foreseeable future, a significant recurring expense in ATA's business. Management compensates for these limitations by providing specific information regarding the GAAP amounts excluded from each non-GAAP measure. The table captioned 'Unaudited Reconciliations of Non-GAAP Measures to the Most Comparable GAAP Measures' set forth at the end this release has more details on the reconciliations between GAAP financial measures that are most directly comparable to the non-GAAP financial measures used by ATA.

Currency Convenience Translation

The Company's financial information is stated in RMB. The translation of RMB amounts for the fourth quarter of 2009 into United States dollars is included solely for the convenience of readers and has been made at the rate of RMB6.8329 to US$1.00, the noon buying rate as of March 31, 2009 in the City of New York for cable transfers in RMB per US dollar as certified for customs purposes by the Federal Reserve Bank of New York. Such translations should not be construed as representations that RMB amounts could be converted into US dollars at that rate or any other rate, or to be the amounts that would have been reported under US GAAP.

                      UNAUDITED RECONCILIATIONS OF NON-GAAP MEASURES
                          TO THE MOST COMPARABLE GAAP MEASURES

                             Three-month Period Ended    Fiscal Year Ended
                               March 31,   March 31,    March 31,   March 31,
                                  2008        2009        2008        2009

                                   RMB         RMB         RMB         RMB

    GAAP net income (loss)     (5,721,873) (3,999,777) 20,169,779  30,690,074
    Share-based compensation
     expenses                   1,893,938     993,523   7,252,520   5,585,409
    Foreign currency exchange
     (gain) losses, net          (379,425)      3,873     235,742    (665,557)
        Non-GAAP net income
         (loss)                (4,207,360) (3,002,381) 27,658,041  35,609,926

    GAAP earnings per ADS:
        Basic                       (0.32)      (0.18)       1.59        1.35
    Basic
    Diluted                         (0.32)      (0.18)       1.07        1.33
    Share-based compensation
     expenses per ADS:
    Basic                            0.11        0.04        0.57        0.25
    Diluted                          0.11        0.04        0.38        0.24
    Foreign currency exchange
     (gain) losses per ADS:
    Basic                           (0.02)       0.01        0.01       (0.03)
    Diluted                         (0.02)       0.01        0.01       (0.03)
    Non-GAAP earnings per ADS:
    Basic                           (0.23)      (0.13)       2.17        1.57
    Diluted                         (0.23)      (0.13)       1.46        1.54

    Non-GAAP earnings per
     common share:
    Basic                           (0.12)      (0.07)       1.09        0.78
    Diluted                         (0.12)      (0.07)       0.73        0.77



    For further information, please contact:

    ATA Inc.
     Carl Yeung, CFO
     Tel: +86-10-6518-1122 ext. 5107

    CCG Elite Investor Relations
     Crocker Coulson, President
     Tel:   +1-646-213-1915
     Email: crocker.coulson@ccgir.com

     Ed Job, CFA
     Tel:   +1-646-213-1914
     Email: ed.job@ccgir.com

SOURCE ATA Inc.

Source: PR Newswire (May 13, 2009 - 4:03 PM EDT)

Joining Mr. Kevin Ma, ATA's Chairman and Chief Executive Officer, will be Mr. Walter Wang, Director and President, and Carl Yeung, Chief Financial Officer. The Company plans to distribute its earnings announcement before the call.

To participate in the conference call, please dial 1(866)203-3206 five to ten minutes prior to the scheduled conference call time and mention the pass code 63747188. International callers should dial +1(617)213-8848 and mention the pass code 63747188.

If you are unable to participate in the call at this time, a replay will be available on May 14 at 12:00 p.m. ET, through May 21, 2009. To access the replay, dial +1(888)286-8010, international callers should dial +1(617)801-6888, and enter the pass code 26515642.

This conference call will be broadcast live over the Internet and can be accessed by all interested parties on ATA's website at http://www.ata.net.cn . To listen to the live webcast, please go to ATA's website at least fifteen minutes prior to the start of the call to register, download, and install any necessary audio software. For those unable to participate during the live broadcast, a replay will be available shortly after the call on ATA's website for 90 days.

About ATA Inc.:

ATA is the leading provider of computer-based testing services in China. The Company offers comprehensive services for the creation and delivery of computer-based tests based on its proprietary testing technologies and test delivery platform. The Company's computer-based testing services are used for professional licensure and certification tests in various industries, including information technology, or IT, services, banking, teaching, securities, insurance and accounting. ATA's test center network comprised 1,918 authorized test centers located throughout China as of December 31, 2008, which the Company believes is the largest test center network of any commercial testing service provider in China. Combined with its test delivery technologies, this network allows ATA's clients to administer large-scale nationwide tests in a consistent, secure and cost-effective manner. ATA has delivered over 27 million tests including 17.8 million billable tests since it commenced operations in 1999, and in June 2008 delivered tests to approximately 470,000 test takers over a single weekend for the China Banking Association through its test delivery platform. For further information, please visit: http://www.ata.net.cn .

    For more information, please contact:

    ATA Inc.
     Carl Yeung, CFO
     Phone: +86-10-6518-1122 x5107
     Email: ir@ata.net.cn
     URL:   http://www.ata.net.cn

    CCG Investor Relations
     Crocker Coulson, President
     Phone: +1-646-213-1915

     Ed Job, CFA
     Phone: +1-646-213-1914
     Email: ed.job@ccgir.com
     URL:   http://www.ccgirasia.com

SOURCE ATA Inc.

Source: PR Newswire (April 27, 2009 - 10:35 AM EDT)

'HR Select' is an innovative and comprehensive solution for talent selection based around ATA's testing service. Through intelligent resume analysis, the solution can screen, filter and manage eligible resume data through a process that is flexible, fast and accurate. The core of 'HR Select' solution is the bundling of test tools designed around competency models, providing enterprises with our market-leading test service to assess and select the right candidate, systematically reducing risk of wrong hiring.

In developing this solution, ATA has conducted research on 150,000 different job skill sets, covering several areas of competency, including IT, foreign languages, finance, accounting, management, and legal. ATA has also cooperated with leading institutions such as ETS and SHL to set up test items covering 600 positions with 1,000 evaluation modules and a test item bank containing millions of test questions.

'We are leveraging what we do best, testing, in our 'HR Select' solution to target the largely untapped but developing assessment aspect of the recruitment market,' commented Walter Wang, President of ATA. 'Our 'HR Select' tool offers an easy, efficient way to screen talented people, helping recruitment directors make better and more accurate hiring decisions and ultimately lowering their recruitment cost. The 'HR Select' platform launch marks our entry into the assessment area of the recruitment market across all industry verticals. This builds on the success we enjoyed in 2008 with our existing enterprise customer base in the financials vertical of leading banks and insurance companies. With 10 years of experience in the testing market in China and a wide range of globally recognized assessment tools offered, this platform is set to greatly enhance the recruitment process by making testing service available to enterprises across China. We aim to work together with current leaders in the HR market that provide resume sourcing to enlarge the total addressable market and provide a win-win solution.'

Mr. Christos Malliaros, corporate management consultant from SHL, said in his speech: 'Testing in recruitment is a well-recognized concept for most Western countries. ATA has creatively built its 'HR Select' solution through the integration of a wide range of test content including the SHL Occupational Aptitude Test, to bring the concept of recruitment testing into systematic use in China for the first time. The birth of 'HR Select' is undoubtedly of profound significance for enterprises to implement a strategy for the efficient management human resources that maximizes return on talents. We are very pleased to cooperate with the ATA, and the outstanding contributions the Company has made in this field.'

Over 300 representatives from enterprises and trade associations attended the launch press conference held in Beijing on March 27, 2009.

In the next few weeks ATA will hold product description conferences for 'HR Select' in 18 cities nationwide including Beijing, Shanghai, Guangzhou, and Shenzhen, to comprehensively display the concept, its advantages and technical characteristics. The company will invite guests from various leading enterprises and institutions to experience the breakthrough brought by 'HR Select'.

For more information about 'HR Select' products and activities, please visit the official Chinese website http://www.xuancai.cn .

About ATA Inc.:

ATA is the leading provider of computer-based testing services in China. The Company offers comprehensive services for the creation and delivery of computer-based tests based on its proprietary testing technologies and test delivery platform. The Company's computer-based testing services are used for professional licensure and certification tests in various industries, including information technology, or IT, services, banking, teaching, securities, insurance and accounting. ATA's test center network is comprised of 1,918 authorized test centers located throughout China as of December 31, 2008, which the Company believes is the largest test center network of any commercial testing service provider in China. Combined with its test delivery technologies, this network allows ATA's clients to administer large-scale nationwide tests in a consistent, secure and cost-effective manner. ATA has delivered over 27 million tests including 17.8 million billable tests since it commenced operations in 1999, and in June 2008 delivered tests to approximately 470,000 test takers over a single weekend for the China Banking Association through its test delivery platform. For further information, please visit: http://www.ata.net.cn .

Safe-Harbor Statement

This announcement may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'look forward to,' 'outlook,' 'forecast,' 'will,' 'expect,' 'anticipate,' 'future,' 'intend,' 'plan,' 'believe,' 'estimate' and similar terminology. These and any other forward-looking statements involve various risks and uncertainties. Although the Company believes the expectations expressed in these forward-looking statements are reasonable and accurate, the Company cannot assure you that those expectations will turn out to be correct. For additional information on these and other important factors that could adversely affect the Company's business, financial condition, results of operations and future prospects, please refer to a more detailed discussion of the Company's risk factors in the Company's filings with the Securities and Exchange Commission.

    For more information, please contact:

    ATA Inc.
     Carl Yeung, CFO
     Tel:   +86-10-6518-1122 x5107
     Email: ir@ata.net.cn
     Web:   http://www.ata.net.cn

    CCG Investor Relations
     Crocker Coulson, President
     Tel:   +1-646-213-1915
     Email: crocker.coulson@ccgir.com
     Ed Job, CFA
     Tel:   +1-646-213-1914
     Email: ed.job@ccgir.com
     Web:   http://www.ccgir.com

SOURCE ATA Inc.

Source: PR Newswire (March 30, 2009 - 9:02 AM EDT)

At a press event held in Beijing today, both parties announced that going forward ATA will be the exclusive distributor for ETS's TOEIC test in mainland China, and will operate and market the TOEIC business in the region. The current TOEIC operations team will migrate to ATA and will continue to carry on and support the TOEIC business, while the existing TOEIC product and services team is expected to be expanded and upgraded. Please note that, the released test schedules and the existing test operations will not be affected by this adjustment and will remain unchanged.

"China's role in the global economy is increasingly important, with Chinese companies making significant progress in global business development. This success has increased the demand for employees with professional English proficiency at Chinese enterprises and organizations, which in turn is expanding the need to access English proficiency," said Dr. Phillip Tabbiner, Senior Vice president of ETS Global. "ETS recognizes the value of working together with local Chinese partners to leverage the resources and expertise of both companies to provide high-quality assessments to the developing Chinese market. ETS believes that ATA's competitive advantages in the testing services industry make it the ideal partner for effectively expanding TOEIC business in China, increasing the test's recognition by Chinese firms and institutions and enhancing support of TOEIC clients in China."

"We are pleased to work with such a prominent global test sponsor, "said Mr. Lin Wang, President of ATA. "As our first exclusive test delivery service agreement for a global test title, this marks a milestone in ATA's development in leveraging our competitive advantages and strong market position in China. TOEIC is already a well recognized global English assessment brand in the world and amongst foreign enterprises in China. Our goal is to enhance our service to our established customer base while expanding our addressable market by bringing the TOEIC English assessment standard to a broader range of Chinese businesses. Our cooperation agreement with ETS will help raise the measurement of professional English proficiency in China to world-class levels."

About ATA Inc.

ATA is the leading provider of computer-based testing services in China. The Company offers comprehensive services for the creation and delivery of computer-based tests based on its proprietary testing technologies and test delivery platform. The Company's computer-based testing services are used for professional licensure and certification tests in various industries, including information technology, or IT, services, banking, teaching, securities, insurance and accounting. ATA's test center network comprised 1,918 authorized test centers located throughout China as of December 31, 2008, which the Company believes is the largest test center network of any commercial testing service provider in China. Combined with its test delivery technologies, this network allows ATA's clients to administer large-scale nationwide tests in a consistent, secure and cost-effective manner. ATA has delivered over 27 million tests including 17.8 million billable tests since it commenced operations in 1999, and in June 2008 delivered tests to approximately 470,000 test takers over a single weekend for the China Banking Association through its test delivery platform. For further information, please visit: http://www.ata.net.cn .

About Educational Testing Services (ETS)

At nonprofit ETS, we advance quality and equity in education for people worldwide by creating assessments based on rigorous research. ETS serves individuals, educational institutions and government agencies by providing customized solutions for teacher certification, English-language learning, and elementary, secondary and post-secondary education, as well as conducting education research, analysis and policy studies. Founded in 1947, ETS develops, administers and scores more than 50 million tests annually -- including the TOEIC(R) and TOEFL(R) tests, the GRE(R) test and The Praxis Series(TM) assessments -- in more than 180 countries, at over 9,000 locations worldwide.

ETS and its related ETS Global subsidiaries have offices around the world to meet the needs of non-U.S.-based entities in Asia, Canada, Europe, Latin America, the Middle East and Africa. In serving individuals, businesses, educational institutions, government agencies and membership organizations worldwide, ETS offers valid and reliable assessments, research and related services such as customized solutions, workforce products and services, and research-based teaching and learning tools. For more information, please go to https://ets.org/etsglobal .

About Test of English for International Communication (TOEIC)

Test of English for International Communication (TOEIC) was originally designed in 1979 by Educational Testing Services (ETS) for government agencies and corporations. It measures the ability of non-native speakers of English to communicate in English in the workplace. With a long 30-year history of development, TOEIC has become the global choice for English proficiency measurement in the global workplace. The test has been used by over 9,000 organizations around the world in more than 90 countries. The number of TOEIC tests administered exceeded 5 million in 2008. TOEIC has become the top professional English assessment tool around the world.

Safe-Harbor Statement

This announcement may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "look forward to," "outlook," "forecast," "will," "expect," "anticipate," "future," "intend," "plan," "believe," "estimate" and similar terminology. These and any other forward-looking statements involve various risks and uncertainties. Although the Company believes the expectations expressed in these forward-looking statements are reasonable and accurate, the Company cannot assure you that those expectations will turn out to be correct. For additional information on these and other important factors that could adversely affect the Company's business, financial condition, results of operations and future prospects, please refer to a more detailed discussion of the Company's risk factors in the Company's filings with the Securities and Exchange Commission.

    For more information, please contact:

    ATA Inc.
     Carl Yeung
     Phone: +86-10-6518-1122 x5107
     Email: ir@ata.net.cn
     URL:   http://www.ata.net.cn

    CCG Investor Relations
     Crocker Coulson, President
     Phone: +1-646-213-1915
     Email: crocker.coulson@ccgir.com

     Ed Job, CFA
     Phone: +1-646-213-1914
     Email: ed.job@ccgir.com

     URL:   http://www.ccgir.com

    Nine Months 2009 Highlights

    -- Net revenue was RMB187.9million (US$27.5 million), up 31.4% from
       RMB142.9 million in the comparable period of 2008.
    -- Gross profit increased by 25.9% to RMB112.2 million (US$16.4 million),
       from RMB89.1 in the comparable period of 2008.
    -- Income from operations increased by 30.3% to RMB39.4 million (US$5.8
       million), up from RMB30.2 million in the comparable period in 2008.
    -- Net income increased by 34.0% to RMB34.7 million (US$5.1 million) from
       RMB25.9 in the comparable period of 2008.
    -- Net income excluding share based compensation expenses and foreign
       currency exchange gain (losses) (non-GAAP) increased 21.2% to RMB38.6
       million (US$5.7 million) from RMB31.9 million in the comparable period
       of 2008.
    -- Basic and diluted earnings per common share were RMB0.76 (US$0.11) and
       RMB0.74 (US$0.11) for the nine months ended December 31, 2008 compared
       to RMB1.18 (US$0.16) and RMB0.73 (US$0.10) for the nine months ended
       December 31, 2007. Basic and diluted earnings per ADS were RMB1.52
       (US$0.22) and RMB1.48 (US$0.22) for the nine months ended December 31,
       2008 compared to RMB2.36 (US$0.32) and RMB1.45 (US$0.20) for the nine
       months ended December 31, 2007. Each ADS represents two common shares
       of the Company.
    -- Basic and diluted earnings per common share excluding share based
       compensation expenses and foreign currency exchange gain (losses)
       (non-GAAP) were RMB0.85 (US$0.12) and RMB0.82 (US$0.12) and basic and
       diluted earnings per ADS excluding share based compensation expenses
       and foreign currency exchange gain (losses) (non-GAAP) were RMB1.70
       (US$0.25) and RMB1.65 (US$0.24). Each ADS represents two common shares
       of the Company.
    -- For the nine months ended December 31, 2008, ATA delivered
       approximately 4.4 million tests which increased 44.5% from
       approximately 3.0 million tests in the same period last year. Average
       revenue per test increased to RMB27.2 from RMB22.0 in the same period
       last year.

    Third Quarter 2009 Highlights

    -- Net revenues increased by 1.7% year-over-year to approximately RMB67.8
       million (US$9.9 million).
    -- Gross profit decreased by 15.4% year-over-year to approximately RMB38.6
       million (US$5.7 million).
    -- Income from operations decreased by 40.0% year-over-year to
       approximately RMB12.9 million (US$1.9 million).
    -- Net income decreased by 20.0% year-over-year to approximately RMB13.9
       million (US$2.0 million).
    -- Net income excluding share-based compensation expenses and foreign
       currency exchange losses (non-GAAP) decreased by 31.2% year-over-year
       to approximately RMB15.2 million (US$2.2 million).
    -- Basic and diluted earnings per common share were RMB0.30 (US$0.04) and
       RMB0.30 (US$0.04), respectively, and basic and diluted earnings per ADS
       were RMB0.61 (US$0.09) and RMB0.60 (US$0.09), respectively. Basic and
       diluted earnings per common share excluding share-based compensation
       expenses and foreign currency exchange losses (non-GAAP) were RMB0.33
       (US$0.05) and RMB0.33 (US$0.05), respectively, and basic and diluted
       earnings per ADS excluding share-based compensation expenses and
       foreign currency exchange losses (non-GAAP) were RMB0.67 (US$0.10) and
       RMB0.66 (US$0.10), respectively. Each ADS represents two common shares
       of the Company.
    -- For the quarter, ATA delivered approximately 1.5 million tests which
       increased 51.0% from approximately 970,000 tests in the same period
       last year. Revenue per test decreased to RMB35.0 from RMB38.4 in the
       same period last year.

"During the quarter, our core testing service business grew a solid 38% on a net revenue basis, and on track to deliver robust growth for the full year," said Kevin Ma, ATA's Chairman and Chief Executive Officer. "We have continued to benefit from the large-scale implementation of computer-based testing for the banking, securities and futures industries in China this quarter. Our overall financial sector-related test revenue and volume increased by 39% and 41% respectively amidst a global financial sector meltdown. This increase was due to increased regulatory requirement for new licensure programs as well as strong voluntary demand from industry professionals to seek professional qualification as a differentiator in a tightened job market. Unfortunately we have experienced a disappointing delay in the implementation of our contract with the Ministry of Culture to provide nationwide preparation and testing for Internet cafes in China. We had anticipated in our previous guidance that this contract would make a strong contribution to our fiscal third quarter and fiscal year 2009 results. We continue to expect that this contract will make a significant contribution to our growth once it is implemented, and we remain confident that the long-term fundamentals of our business remain solid. Going forward, we will focus our efforts on the large opportunity within the computer-based testing market where we have established strong entry barriers; and as a result we have suspended our educational program cooperation plan with Tsinghua University. This decision is in line with our strategy to deploy our resources to capture the significant opportunities within the computer- based testing services market by leveraging our testing technologies, track record of success and distribution capabilities. As we sharpen our focus on our computer-based testing business we look forward to the launch of the Cambridge Young Learners English program as well as our recruitment services in the upcoming quarters. Overall, we look forward to a very exciting calendar year 2009 to convert our existing pipeline of potentially large governmental testing contracts while at the same time making measurable progress into opportunities with the private sectors."

ATA's Chief Financial Officer, Carl Yeung, stated, "While our business remains robust amidst a global economic downturn, the timing of government- related decisions remain a risk to our quarterly performance. While we do not believe one quarter's performance reflects the fundamentals of ATA, the delay in the implementation of training and testing for the Ministry of Culture Internet cafe licensure test has resulted in lower than expected growth for this quarter. In addition, the sales of our test preparation product, our NTET training software, is also linked with timing of government budgets and thus resulted in no sales of such product in the quarter. As a result we are reporting lower gross, operating and net margins compared to the same period last year, when large orders of NTET software took place. Going forward, in light of the difficulty involved in predicting the timing of implementation of such contracts, we will provide guidance without the effect of anticipated new contracts and will manage risk by diversifying our service offerings to address latent demand from the private sector for computer-based testing solutions. Although our guidance will no longer reflect new or unimplemented contracts, our upcoming opportunities including testing services for the PRC Ministry of Finance, Ministry of Health and Ministry of Justice have strengthened during the quarter and we remain confident we will be able to convert these exciting opportunities in the quarters ahead. We are also pleased to report that ATA Testing Authority (Beijing) Limited ("ATA Testing"), one of the Company's principal PRC operating subsidiaries, was re- certified as a "High and New Technology Enterprise", thereby allowing it to enjoy a preferential tax rate of 15% which will significantly reduce our overall effective tax rate. This qualification reinforces the strong technology background of our company. As we look to the future we will continue to monitor emerging opportunities for our computer-based testing services as well as developments within the regulatory environment in China in order to take advantage of opportunities to enhance shareholder value."

Financial Results for the Third Quarter 2009

For the Third Quarter 2009, net revenues were RMB67.8 million (US$9.9 million), representing a 1.7% increase over the same period last year. Net revenues from testing services increased 37.5% over the same period last year to RMB51.2 million (US$7.5 million). Net revenues from test-based education services were flat at RMB12.1 million (US$1.8 million). Net revenues from test preparation and training solutions were down 83.5% over the same period last year to RMB2.4 million (US$0.4 million) as the Company recorded no sales of NTET software in the quarter. Revenues from online test preparation and training services increase by 134% to RMB2.4 million (US$0.4 million) from RMB1.0 million in the same period last year. Other revenues, which include testing-related marketing services, test development services and others, decreased 17.4% to RMB2.0 million (US$0.3 million).

The overall number of tests the Company delivered increased by 51.0% year- over-year to approximately 1.5 million in the Third Quarter 2009 compared to the same period last year mainly due to the increase in the number of China Banking Association tests to approximately 413,000 test takers in this quarter compared to approximately 221,000 in the same period last year. In addition, we successfully launched a new Broker Professional Qualification test title for the Securities Association which contributed approximately 99,000 new test takers during the quarter and we expect will become a strong test taker contributor going forward. Average revenue per test decreased slightly from RMB38.4 to RMB35.0 mainly due to 180,000 test takers for the NTET test that has average revenue per test of RMB4.8 while the test was not offered in the same period last year.

Gross profit decreased by 15.4% to approximately RMB38.6 million (US$5.7 million) from RMB45.7 million in the same period last year. Gross margin decreased to 57.0% in the Third Quarter 2009 from 68.5% in the same period last year, driven by lower contribution from the Company's higher gross margin test preparation and training solutions.

Operating expenses increased by 6.5% year-over-year to RMB25.8 million (US$3.8 million) from RMB24.2 million in the same period last year, primarily due to an increase in general and administrative expenses. General and administrative expenses increased by 21.5% to RMB14.0 million (US$2.0 million), primarily due to a larger bad debt provision compared to the same period last year. Sales and marketing expenses decreased by 6.5% to RMB7.8 million (US$1.1 million), primarily due to a decrease in share-based compensation and agent fees paid to distributors of the Company's educational programs in the quarter. Research and development expenses decreased by 8.5% to RMB4.0 million (US$0.6 million) compared to the same period last year, as a result of lower level of research and development activities.

Income from operations for the Third Quarter 2009 decreased by 40.0% to approximately RMB12.9 million (US$1.9 million) from RMB21.5 million in the same period last year. Operating margin was 19.0% in the Third Quarter 2009 compared to 32.2% in the same period last year.

Net income for the Third Quarter 2009 decreased by 20.0% to approximately RMB13.9 million (US$2.0 million), including a RMB3.5 million income tax refund, from RMB17.4 million in the same period last year. Basic and diluted earnings per common share were RMB0.30 (US$0.04) and RMB0.30 (US$0.04), respectively, and basic and diluted earnings per ADS were RMB0.61 (US$0.09) and RMB0.60 (US$0.09), respectively.

Net income excluding share-based compensation expenses and foreign currency exchange losses (non-GAAP) was RMB15.2 million (US$2.2 million) for the Third Quarter 2009. Basic and diluted earnings per ADS excluding share- based compensation expenses and foreign currency exchange losses (non-GAAP) were RMB0.67 (US$0.10) and RMB0.66 (US$0.10), respectively. A reconciliation of GAAP to non-GAAP measures is provided elsewhere in this release.

Nine Months Fiscal Year 2009 Results

For the nine months ended December 31, 2008, net revenue was RMB 187.9 million (US$27.5 million), up 31.4% from RMB142.9 million in the comparable period of 2008. Gross profit increased by 25.9% to RMB112.2 million (US$16.4 million), from RMB89.1 million in the comparable period of 2008. Gross margin was 59.7% for the nine months ended December 31, 2008 compared to 62.4% in the comparable period in 2008. Income from operations increased 30.3% to RMB39.4 million (US$5.8 million), up from RMB30.2 million in the comparable period in 2008. Net income increased 34.0% to RMB34.7 million (US$5.1 million) from RMB25.9 million in the comparable period of 2008. Net income excluding share based compensation expenses and foreign currency exchange gain (losses) (non- GAAP) increased 21.2% to RMB38.6 million (US$5.7 million). Basic and diluted earnings per common share were RMB0.76 (US$0.11) and RMB0.74 (US$0.11) for the nine months ended December 31, 2008 compared to RMB1.18 (US$0.16) and RMB0.73 (US$0.10) for the nine months ended December 31, 2007. Basic and diluted earnings per ADS were RMB1.52 (US$0.22) and RMB1.48 (US$0.22). Basic and diluted earnings per ADS were RMB1.52 (US$0.22) and RMB1.48 (US$0.22) for the nine months ended December 31, 2008 compared to RMB2.36 (US$0.32) and RMB1.45 (US$0.20) for the nine months ended December 31, 2007. Basic and diluted earnings per common share excluding share based compensation expenses and foreign currency exchange gain (losses) (non-GAAP) were RMB0.85 (US$0.12) and RMB0.82 (US$0.12) and basic and diluted earnings per ADS excluding share based compensation expenses and foreign currency exchange gain (losses) (non-GAAP) were RMB1.70 (US$0.25) and RMB1.65 (US$0.24).

Other Operating Data

As of December 31, 2008, ATA had 1,918 authorized test centers located throughout China.

The number of weighted average ADSs used to calculate basic and diluted earnings per ADS for the quarter ended December 31, 2008 were 22.8 million and 23.0 million respectively. Each ADS represents two common shares. ATA had 45.7 million common shares outstanding as of December 31, 2008.

Fourth Quarter 2009 and Full-Year Fiscal 2009 Guidance

For the fiscal fourth quarter 2009, ATA forecasts net revenues will be in the range of RMB26.0 million to RMB28.0 million, representing a reduction in the range of 4% to 10% compared to the fiscal fourth quarter 2008. ATA expects that net revenues for the fiscal year ended March 31, 2009 will be in the range of RMB214 million to RMB216 million, which would represent 24% to 25% growth over fiscal year 2008. ATA preliminary guidance for net revenues for fiscal year ended March 31, 2010 will be in the range of RMB260 million to RMB280 million, which would represent 20% to 26% growth over forecasted net revenues for fiscal year 2009. These forecasts reflect our new policy to not include new or unimplemented contracts in our guidance. This is ATA's current and preliminary view, which is subject to change. Our results of operations for the Fourth Quarter 2009 are not necessarily indicative of our operating results for any future periods.

Conference Call

The Company will host a conference call at 8:00 a.m. ET on February 13, 2009, to discuss the results for the Third Quarter 2009. Joining Kevin Ma, Chairman and Chief Executive Officer of ATA Inc., will be Walter Wang, Director and President, and Carl Yeung, Chief Financial Officer. To participate in the conference call, please dial +1-800-706-7748 five to ten minutes prior to the scheduled conference call time and mention the pass code 30272548. International callers should dial +1-617-614-3473, and mention the pass code 30272548.

If you are unable to participate in the call at this time, a replay will be available on February 13, 2009 at 11:00 a.m. ET, through February 20, 2009. To access the replay, dial +1-888-286-8010, international callers should dial +1-617-801-6888, and enter the pass code 66516720.

This conference call will be broadcast live over the Internet and can be accessed by all interested parties on ATA Inc.'s website at http://www.ata.net.cn . To listen to the live webcast, please go to ATA Inc.'s website at least fifteen minutes prior to the start of the call to register, download, and install any necessary audio software. For those unable to participate during the live broadcast, a replay will be available shortly after the call on ATA Inc.'s website for 90 days.

Other Announcements:

ATA Testing was re-certified in December 2008 as a "High and New Technology Enterprise" under China's new Enterprise Income Tax Law. As a result, ATA Testing's income tax rate is 15% for the calendar years from 2008 to 2010. This qualification will be reviewed every three years. Since ATA Testing has paid provisional income tax based on a 25% tax rate during the first three calendar quarters in 2008, it has received a RMB3.5 million tax refund for the overpayment on December 29, 2008. The Company intends to apply for the same qualification for its other subsidiary, ATA Learning (Beijing) Inc. and its consolidated variable interest entity, ATA Online (Beijing) Education Technology Limited.

About ATA Inc.:

ATA is the leading provider of computer-based testing services in China. The Company offers comprehensive services for the creation and delivery of computer-based tests based on its proprietary testing technologies and test delivery platform. The Company's computer-based testing services are used for professional licensure and certification tests in various industries, including information technology, or IT, services, banking, teaching, securities, insurance and accounting. ATA's test center network comprised 1,918 authorized test centers located throughout China as of December 31, 2008, which the Company believes is the largest test center network of any commercial testing service provider in China. Combined with its test delivery technologies, this network allows ATA's clients to administer large-scale nationwide tests in a consistent, secure and cost-effective manner. ATA has delivered over 27 million tests including 17.8 million billable tests since it commenced operations in 1999, and in June 2008 delivered tests to approximately 470,000 test takers over a single weekend for the China Banking Association through its test delivery platform. For further information, please visit: http://www.ata.net.cn .

Cautionary Note Regarding Forward-looking Statements

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "look forward to," "outlook," "forecast," "will," "expect," "anticipate," "future," "intend," "plan," "believe," "estimate" and similar terminology and include, among other things, the Company's guidance relating to anticipated financial and operating results for the fiscal quarter ending March 31, 2009 and the fiscal years ending March 31, 2009 and March 31, 2010. Among the factors that could cause the Company's actual financial and operating results to differ from what the Company currently anticipates may include the Company's ability to meet challenges associated with its rapid expansion, the Company's ability to meet the expectations of current and future clients, the Company's ability to deploy new test titles, the Company's ability to win new enterprise contracts, the Company's ability to convert its existing enterprise contracts into actual revenue, the Company's ability to implement and maintain effective internal controls over financial reporting, the health of the PRC economy, and uncertainties with respect to the PRC legal and regulatory environments. The financial information contained in this release should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's annual report on Form 20-F for its fiscal year ended March 31, 2008, which was filed with the U.S. Securities and Exchange Commission on August 28, 2008 and is available on the Securities and Exchange Commission's website at http://www.sec.gov . For additional information on these and other important factors that could adversely affect our business, financial condition, results of operations and prospects, see the "Risk Factors" section of the Company's Form 20-F for the fiscal year ended March 31, 2008.

The forward-looking statements in this release involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the markets in which it operates. The Company undertakes no obligation to update forward-looking statements, which speak only of the Company's views as of the date of this release, to reflect subsequent events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, the Company cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

About Non-GAAP Financial Measures

To supplement ATA's consolidated financial information presented in accordance with U.S. generally accepted accounting principles ("GAAP"), ATA uses the following measures defined as non-GAAP financial measures by the U.S. Securities and Exchange Commission: net income excluding share-based compensation expenses and foreign currency exchange gain (losses) and basic and diluted earnings per ADS excluding share-based compensation expenses and foreign currency exchange gain (losses). The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures, please see the table captioned "Unaudited Reconciliations of Non-GAAP Measures to the Most Comparable GAAP Measures" set forth at the end of this release. ATA believes that these non-GAAP financial measures provide meaningful supplemental information regarding its performance and liquidity by excluding share-based compensation expenses and foreign currency exchange gain (losses), which may not be indicative of its operating performance from a cash perspective. ATA believes that both management and investors benefit from these non-GAAP financial measures in assessing its performance and when planning and forecasting future periods. These non-GAAP financial measures also facilitate management's internal comparisons to ATA's historical performance and liquidity. ATA computes its non-GAAP financial measures using a consistent method from quarter to quarter. ATA believes these non-GAAP financial measures are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its financial and operational decision making. A limitation of using non-GAAP net income excluding share-based compensation expenses and basic and diluted earnings per share and per ADS excluding share-based compensation expenses is that share-based compensation charges have been and are expected to continue to be for the foreseeable future a significant recurring expenses in ATA's business. Management compensates for these limitations by providing specific information regarding the GAAP amounts excluded from each non-GAAP measure. The accompanying table captioned "Unaudited Reconciliations of Non-GAAP Measures to the Most Comparable GAAP Measures" set forth at the end this release has more details on the reconciliations between GAAP financial measures that are most directly comparable to the non-GAAP financial measures used by ATA.

Currency Convenience Translation

The Company's financial information is stated in RMB. The translation of RMB amounts for the Third Quarter 2009 into United States dollars is included solely for the convenience of readers and has been made at the rate of RMB6.8225 to US$1.00, the noon buying rate as of December 31, 2008 in the City of New York for cable transfers in RMB per US dollar as certified for customs purposes by the Federal Reserve Bank of New York. Such translations should not be construed as representations that RMB amounts could be converted into US dollars at that rate or any other rate, or to be the amounts that would have been reported under US GAAP.

                            ATA INC. AND SUBSIDIARIES
                 UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

                                           March 31, December 31, December 31,
                                                2008         2008        2008
                                                 RMB          RMB         USD
    ASSETS
    Current assets:
    Cash                                 332,196,672  340,018,595  49,837,830
    Accounts receivable, net              63,502,408   71,246,371  10,442,854
    Inventories                            2,951,966    2,059,291     301,838
    Prepaid expenses and other current
     assets                                4,657,608    6,970,290   1,021,663
    Total current assets                 403,308,654  420,294,547  61,604,185

    Property and equipment, net           10,668,300   20,590,610   3,018,045
    Goodwill                               6,880,123    6,880,123   1,008,446
    Other assets                          15,776,667   18,244,094   2,674,107
    Total assets                         436,633,744  466,009,374  68,304,783

    LIABILITIES AND SHAREHOLDERS' EQUITY
    Current liabilities:
    Accrued expenses and other
     payables                            29,822,313   42,062,090    6,165,202
    Deferred revenues                    36,707,916   23,946,119    3,509,875
    Total current liabilities            66,530,229   66,008,209    9,675,077

    Deferred revenues                     7,025,971    6,299,200      923,298
    Total liabilities                    73,556,200   72,307,409   10,598,375

    Shareholders' equity:
    Common shares:                        3,656,210    3,503,619      513,539
    Treasury shares                     (16,106,940)  (7,509,483)  (1,100,694)
    Receivable from shareholders                 --   (5,226,173)    (766,020)
    Additional paid-in capital          498,374,024  499,356,450   73,192,591
    Accumulated other comprehensive
     loss                                (7,933,512) (16,200,060)  (2,374,505)
    Accumulated deficit                (114,912,238) (80,222,388) (11,758,503)

    Total shareholders' equity          363,077,544  393,701,965   57,706,408
    Total liabilities and
     shareholders' equity               436,633,744  466,009,374   68,304,783



                            ATA INC. AND SUBSIDIARIES
            UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

                                            Three-month Period Ended
                                  December   September   December    December
                                  31, 2007    30, 2008   31, 2008    31, 2008
                                       RMB         RMB        RMB         USD

    Net revenues                66,679,479  51,696,431  67,840,049  9,943,576
    Testing services            37,246,748  14,175,165  51,230,721  7,509,083
    Test-based educational
     services                   12,129,552  10,937,400  12,126,220  1,777,387
    Test preparation and
     training solutions         14,833,274  21,215,476   2,443,226    358,113
    Other revenue                2,469,905   5,368,390   2,039,882    298,993
    Cost of revenues            21,006,379  17,321,775  29,191,272  4,278,677
    Gross profit                45,673,100  34,374,656  38,648,777  5,664,899

    Operating expenses:
    Research and development     4,323,493   4,778,038   3,958,021    580,142
    Sales and marketing          8,361,547   6,908,588   7,813,891  1,145,312
    General and administrative  11,503,629  13,911,591  13,979,559  2,049,038

    Total operating expenses    24,188,669  25,598,217  25,751,471  3,774,492
    Income from operations      21,484,431   8,776,439  12,897,306  1,890,407

    Subsidy income                      --   2,000,000          --         --
    Interest income                136,084      61,664      92,626     13,577
    Foreign currency exchange
     gain (losses), net           (428,868)    135,115     (75,332)   (11,042)
    Earnings before income
     taxes                      21,191,647  10,973,218  12,914,600  1,892,942

    Income tax benefit
     (expense)                  (3,830,160) (2,628,085)    982,410    143,996
    Net income                  17,361,487   8,345,133  13,897,010  2,036,938


    Basic earnings per common
     share                            0.79        0.18        0.30       0.04
    Diluted earnings per common
     share                            0.48        0.18        0.30       0.04
    Basic earnings per ADS            1.59        0.36        0.61       0.09
    Diluted earnings per ADS          0.95        0.36        0.60       0.09



      UNAUDITED RECONCILIATIONS OF NON-GAAP MEASURES TO THE MOST COMPARABLE
                                  GAAP MEASURES

                                                 Three-month Period Ended
                                               December 31,     December 31,
                                                      2007             2008
                                                       RMB              RMB

    GAAP net income                             17,361,487        13,897,010
    Share-based compensation expenses            4,307,792         1,235,687
    Foreign currency exchange losses               428,868            75,332
    Non-GAAP net income                         22,098,147        15,208,029

    GAAP earnings per ADS:
         Basic                                        1.59              0.61
         Diluted                                      0.95              0.60
    Share-based compensation expenses per ADS:
         Basic                                        0.39              0.05
         Diluted                                      0.24              0.05
    Foreign currency exchange (gain) losses
     per ADS:
         Basic                                        0.04              0.01
         Diluted                                      0.02              0.01
    Non-GAAP earnings per ADS:
         Basic                                        2.02              0.67
         Diluted                                      1.21              0.66

    Non-GAAP earnings per common share:
         Basic                                        1.01              0.33
         Diluted                                      0.61              0.33



    For further information, please contact:

    ATA Inc.
     Carl Yeung, CFO
     Tel:     +86-10-6518-1122 ext. 5107
     Email:   ir@ata.net.cn
     Website: http://www.ata.net.cn

    CCG Elite Investor Relations
     Crocker Coulson, President
     Tel:     +1-646-213-1915

     Ed Job, CFA
     Tel:     +1-646-213-1914
     Email:   ed.job@ccgir.com
     Website: http://www.ccgirasia.com

    The date, time and location of ATA's presentation at the conference are as
follows:
    Date:    Wednesday, February 18, 2009
    Time:    9:30 a.m. Pacific Time
    Venue:   The Ritz Carlton Laguna Niguel
             One Ritz-Carlton Drive
             Dana Point, California 92629

A replay of the presentation will be available for 90 days following the live presentation using the same link and will also be available on the Company's website.

The ROTH 21st Annual OC Growth Stock Conference will feature presentations from over 200 growth companies. This event is designed to provide investors with a unique opportunity to gain insight into leading companies across all sectors. Additionally, there will be a special track dedicated to companies based in China. Presentations will provide a brief overview of the company's operations, and speakers will spend the majority of their time discussing topics that will highlight the value and investment opportunity their company represents.

Interested parties and investors may find more information about the conference by contacting conference@roth.com or calling (800) 933-6830.

About Roth

Roth is a full service investment banking firm dedicated to the small and micro-cap market. Since the inception of the firm in 1984, Roth has been a leader and innovator in the small and micro cap markets. Roth's exclusive focus has been, is, and will continue to offer a full spectrum of investment banking services, including raising capital, research coverage, trading and market making, merger and acquisition advisory services, and investor conferences.

About ATA Inc.:

ATA Inc. (NASDAQ: ATAI - News; "ATA" or the "Company") is the leading provider of computer-based testing services in China. The Company offers comprehensive services for the creation and delivery of computer-based tests based on its proprietary testing technologies and test delivery platform. The Company's computer-based testing services are used for professional licensure and certification tests in various industries, including information technology, or IT, services, banking, teaching, securities, insurance and accounting. ATA's test center network comprised 1,895 authorized test centers located throughout China as of September 30, 2008, which the Company believes is the largest test center network of any commercial testing service provider in China. Combined with its test delivery technologies, this network allows ATA's clients to administer large-scale nationwide tests in a consistent, secure and cost-effective manner. ATA has delivered over 26 million tests including 16 million billable tests since it commenced operations in 1999, and in June 2008 delivered tests to approximately 470,000 test takers over a single weekend for the China Banking Association through its test delivery platform. For further information, please visit: http://www.ata.net.cn .

For more information, please contact: ATA Inc. Carl Yeung, CFO Phone: +86-10-6518-1122 x5107 Email: carlyeung@ata.net.cn URL: http://www.ata.net.cn CCG Investor Relations Crocker Coulson, President Phone: +1-646-213-1915 Ed Job, CFA Phone: +1-646-213-1914 Email: ed.job@ccgir.com URL: http://www.ccgirasia.com

    Webcast: http://www.wsw.com/webcast/roth20/at

Joining Mr. Kevin Ma, ATA's Chairman and Chief Executive Officer, will be Mr. Walter Wang, Director and President, and Carl Yeung, Chief Financial Officer. The Company plans to distribute its earnings announcement before the call.

To participate in the conference call, please dial 1-800-706-7748 five to ten minutes prior to the scheduled conference call time and mention the pass code 30272548. International callers should dial +1-617-614-3473 and mention the pass code 30272548.

If you are unable to participate in the call at this time, a replay will be available from February 13 at 11:00 a.m. ET, through February 20, 2009. To access the replay, dial 1-888-286-8010, international callers should dial +1- 617-801-6888, and enter the pass code 66516720.

This conference call will be broadcast live over the Internet and can be accessed by all interested parties on ATA's website at http://www.ata.net.cn . To listen to the live webcast, please go to ATA's website at least fifteen minutes prior to the start of the call to register, download, and install any necessary audio software. For those unable to participate during the live broadcast, a replay will be available shortly after the call on ATA's website for 90 days.

About ATA Inc.

ATA Inc. (Nasdaq: ATAI - News; "ATA" or the "Company") is the leading provider of computer-based testing services in China. The Company offers comprehensive services for the creation and delivery of computer-based tests based on its proprietary testing technologies and test delivery platform. The Company's computer-based testing services are used for professional licensure and certification tests in various industries, including information technology, or IT, services, banking, teaching, securities, insurance and accounting. ATA's test center network comprised 1,895 authorized test centers located throughout China as of September 30, 2008, which the Company believes is the largest test center network of any commercial testing service provider in China. Combined with its test delivery technologies, this network allows ATA's clients to administer large-scale nationwide tests in a consistent, secure and cost-effective manner. ATA has delivered over 26 million tests including 16 million billable tests since it commenced operations in 1999, and in June 2008 delivered tests to approximately 470,000 test takers over a single weekend for the China Banking Association through its test delivery platform. For further information, please visit: http://www.ata.net.cn .

    For further information, please contact:

    ATA Inc.
     Carl Yeung, CFO
     Tel:      +86-10-6518-1122 x5107
     Email:    carlyeung@ata.net.cn
     Web site: http://www.ata.net.cn

    CCG Investor Relations
     Crocker Coulson, President
     Tel:      +1-646-213-1915
     Web site: http://www.ccgirasia.com

    CCG Investor Relations
     Ed Job, CFA
     Tel:     +1-646-213-1914
     Email:   ed.job@ccgir.com

Subsequent to providing fiscal third quarter and fiscal year 2009 guidance on November 10, 2008, the Company has experienced further delays in the implementation of its contract with the Ministry of Culture to provide nationwide preparation and testing for Internet cafes in China, which negatively impacted revenues for the fiscal third quarter.

"We are disappointed with the delay in the implementation of this important contract with the Ministry of Culture. We had anticipated in our previous guidance that this contract would make a strong contribution to our third quarter and fiscal year 2009 results," commented Mr. Kevin Ma, Chairman and Chief Executive Officer of ATA. "We continue to expect that this contract will make a positive contribution to our profitable growth once it is implemented, and we remain confident that the long-term fundamentals of our business remain solid."

Due to the difficulty in predicting the timing of implementation of new contracts and projects in the computer-based testing market, ATA has decided that going forward it will no longer consider the potential effect of unimplemented contracts and projects when providing earnings guidance. ATA plans to provide updated guidance for fiscal year 2009 when the Company announces its fiscal third quarter results in the second week of February, 2009.

About ATA Inc.:

ATA Inc. (Nasdaq: ATAI - News; "ATA" or the "Company") is the leading provider of computer-based testing services in China. The Company offers comprehensive services for the creation and delivery of computer-based tests based on its proprietary testing technologies and test delivery platform. The Company's computer-based testing services are used for professional licensure and certification tests in various industries, including information technology, or IT, services, banking, teaching, securities, insurance and accounting. ATA's test center network comprised 1,835 authorized test centers located throughout China as of December 31, 2007, which the Company believes is the largest test center network of any commercial testing service provider in China. Combined with its test delivery technologies, this network allows ATA's clients to administer large-scale nationwide tests in a consistent, secure and cost-effective manner. ATA has delivered over 23 million tests since it commenced operations in 1999, and in July 2007 delivered tests to more than 200,000 test takers in a single day for the China Banking Association, through its test delivery platform.

Safe-Harbor Statement

This announcement may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "look forward to," "outlook," "forecast," "will," "expect," "anticipate," "future," "intend," "plan," "believe," "estimate" and similar terminology. For example, statements by ATA and its CEO relating to the Company's future performance and intention to revise how it provides guidance constitute forward-looking statements. These and any other forward-looking statements involve various risks and uncertainties. Although the Company believes the expectations expressed in these forward-looking statements are reasonable and accurate, the Company cannot assure you that those expectations will turn out to be correct. For additional information on these and other important factors that could adversely affect the Company's business, financial condition, results of operations and future prospects, please refer to a more detailed discussion of the Company's risk factors in the Company's filings with the Securities and Exchange Commission.

    Contact:
    ATA Inc.
    Carl Yeung, CFO
    Phone: +(86) 10 6518-1122-5107
    Email: ir@ata.net.cn
    URL: www.ata.net.cn

    CCG Elite Investor Relations
    Crocker Coulson, President
    Phone: +(1) 646-213-1915
    Email: crocker.coulson@ccgir.com
    Ed Job, CFA
    Phone: +(1) 646-213-1914
    Email: ed.job@ccgir.com
    URL: www.ccgir.com

    Specifically, the shareholders approved:

    1. The re-election of Walter Lin Wang as a class A director of the Company;
       and

    2. The appointment of KPMG as the Company's independent auditor for the
       fiscal year ending March 31, 2009.

About ATA Inc.

ATA is the leading provider of computer-based testing services in China. The Company offers comprehensive services for the creation and delivery of computer-based tests based on its proprietary testing technologies and test delivery platform. The Company's computer-based testing services are used for professional licensure and certification tests in various industries, including information technology, or IT, services, banking, teaching, securities, insurance and accounting. ATA's test center network comprised 1,895 authorized test centers located throughout China as of September 30, 2008, which the Company believes is the largest test center network of any commercial testing service provider in China. Combined with its test delivery technologies, this network allows ATA's clients to administer large-scale nationwide tests in a consistent, secure and cost-effective manner. ATA has delivered over 26 million tests including 16 million billable tests since it commenced operations in 1999, and in June 2008 delivered tests to approximately 470,000 test takers over a single weekend for the China Banking Association through its test delivery platform. For further information, please visit: http://www.ata.net.cn .

    For further information, please contact:

    ATA Inc.
     Carl Yeung, CFO
     Tel:   +86-10-6518-1122 x5107
     Email: ir@ata.net.cn
     Web:   http://www.ata.net.cn

    CCG Elite Investor Relations
     Crocker Coulson, President
     Tel:   +1-646-213-1915
     Email: crocker.coulson@ccgir.com

     Ed Job, CFA
     Tel:   +1-646-213-1914
     Email: ed.job@ccgir.com
     Web:   http://www.ccgir.com