EPT and ELM Exemption Question

On this page http://www.fullerton.edu/admissions/prospectivestudent/placementexams.asp it talks about exemptions from the test so just to clarify does that mean that if I have higher than a 500 in critical reading and more than 550 in math on the SAT then I don’t need to take either of the tests?

500 or higher on critical reading and 550 or higher on math will exempt you from taking the exams.

Ok thanks for clarifying