If the acquisition of New Century Education Corp., goes through as expected this summer, Byron Preiss Multimedia (BPM) will be poised to give some old-line education software companies a run for their money.

BPM, a publicly held New York corporation (Nasdaq: CDRM), has been quietly transforming itself into an education software powerhouse. The multimedia company has previously been known for consumer entertainment titles such as the CD-ROMs "The X- Files" and "Total Titanic: A Night to Remember."

But if BPM buys New Century, a respected second-tier interactive curriculum system...

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