Task Force Update: Release from the GLCA

Date: 3/19/2009
Continued Progress in Effort to Create Newly Independent Antioch College
Work on Definitive Agreement Process Underway

Ann Arbor, MI–Forty-five days after the signing of a letter of intent by the chairs of the Board Pro Tempore
of the Antioch College Continuation Corporation and the Antioch University Board of Governors,
both parties met in Boston, Massachusetts.

Present at the meeting were Taskforce members Matthew Derr, Chief Transition Officer for the Antioch
College Continuation Corporation, Richard Detweiler, President of the Great Lakes Colleges Association,
Daniel Fallon, Vice Chair of the Antioch University Board of Governors, Jack Mersellis, Antioch University
Trustee and Lee Morgan, Chair of the Board Pro Tempore of the Antioch College Continuation
Corporation. Joining the Taskforce for the meeting in Boston were Toni Murdock, Chancellor of Antioch
University and Art Zucker, Chair of the Antioch University Board of Trustees.

With an action list of approximately 45 items, the Taskforce has reached agreement on 35 items and
has general consensus on the remainder. The Taskforce is now relying heavily on the work of independent
legal counsel and both parties’ attorneys have begun to write what is hoped will ultimately become
one or more definitive agreements. “This is a complicated legal and financial process, but the continued
good will and collaboration is really paying off as we get closer to the completion of the work of the Taskforce,”
said Richard Detweiler, who serves as mediator and chair of the Taskforce.

Read the full Press Release

Dispatches from AB Weekend

Date: 3/18/2009 to 4/18/2009
Dispatches By John Hempfling and Jeanne Kay
Reprinted with permission from the NonStop Record, include:

– Steve Schwerner’s Report on Visiting Team
– Matthew Derr Speaks to the Board
– Nonstop Presentation
– College Revival Fund Discusses Nonstop Financing Issue

Antioch Library Featured in NYT

Date: 3/18/2009
College Awaits Rebirth as Its Library Labors On

By STEVEN ROSEN

Published: March 9, 2009
YELLOW SPRINGS, Ohio — A visit to Antioch College, which closed last
summer, is a bit like a “Twilight Zone” episode — the picturesque
small-town campus has no students or faculty, but it does have a
functioning library.

Antioch’s Main Building Almost Dry

Date: 3/12/2009
The professional effort to dry out Main Building following
a flood last month is almost finished, according to Antioch University
Chief Financial Officer Tom Faecke in an interview last week. While university
leaders had hoped that the effort would take only two weeks, it is ending
up taking three, Faecke said.

Alumni Board Meet in YS; Sessions with NonStop; Taskforce

Date: 3/12/2009 to 4/11/2009
The Antioch College Alumni Association Board of Directors met this past
weekend, March 6-8, in Yellow Springs, Ohio. The meeting took place in
the Glen Helen building, where the Board Pro Tempore had met just the
week before. Most of the Alumni Board sessions were open to the public
and streamed live over the Internet.