COCO Vita Coco Company Inc

Corinthian Colleges Responds to Amended Class Action Complaint - Company Plans Vigorous Defense Against Allegations - SANTA ANA, Calif., Feb. 18 /PRNewswire-FirstCall/ -- Corinthian Colleges, Inc. (NASDAQ:COCO) has reviewed a copy of the amended class action complaint filed by Milberg Weiss Bershad & Schulman LLP on February 17, 2005 in the U.S. District Court, Central District of California. The Company previously disclosed the lawsuit in a press release and in SEC filings and continues to believe the complaint is without merit. The Company and the individuals named in the complaint will vigorously defend against it. About Corinthian Colleges, Inc. Corinthian Colleges, Inc. is one of the largest post-secondary education companies in North America, operating 93 colleges in 24 states in the U.S. and 45 colleges (including 10 colleges scheduled for closure in fiscal 2005) and 14 corporate training centers in seven provinces in Canada. The Company's mission is to help students prepare for careers that are in demand or to advance in their chosen career. Corinthian offers diploma programs and master's, bachelor's and associate's degrees in a variety of fields, concentrating on careers in health care, business, criminal justice, transportation maintenance, trades and technology. Certain statements in this press release may be deemed to be forward- looking statements under the Private Securities Litigation Reform Act of 1995. The company intends that all such statements be subject to the "safe-harbor" provisions of that Act. Such statements include, but are not limited to, the company's beliefs and intentions regarding the amended class action complaint. The company cannot predict the ultimate resolution of this or any other matter pending against it. For additional information on risks and uncertainties that could bear on the statements contained in this press release, the company refers to the filings it periodically makes with the U.S. Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. DATASOURCE: Corinthian Colleges, Inc. CONTACT: Investors, Anna Marie Dunlap, SVP Investor Relations/Corporate Communications, Corinthian Colleges, Inc., +1-714-424-2678; or Media, Cecilia Wilkinson or Rosemary Moothart, both of PondelWilkinson Inc., +1-310-279-5980, for Corinthian Colleges, Inc. Web site: http://www.cci.edu/

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