COCO Vita Coco Company Inc

Corinthian to Enter Minneapolis/St. Paul, Minnesota Metropolitan Market With New Bryman Institute in Eagan - Eighth New Branch Campus Announced for Fiscal 2004 - SANTA ANA, Calif., Jan. 8 /PRNewswire-FirstCall/ -- Corinthian Colleges, Inc. today announced plans to open its first campus in Minnesota with the signing of a lease for a new Bryman Institute that will offer education programs to prepare Minneapolis/St. Paul metro area students for careers in healthcare. Encompassing approximately 24,000 square feet located at Spectrum Commerce Center, 1000 Blue Gentian Road in Eagan, the new facility is expected to open during the fourth quarter of fiscal 2004, which will end June 30, 2004. "We believe the compelling demographics of the Minneapolis/St. Paul metropolitan area provide Corinthian with an excellent opportunity to expand our geographic footprint into this attractive market," said David G. Moore, chairman and chief executive officer. "We look forward to opening our first Minnesota campus, to offering our high-quality healthcare programs to increasing numbers of career-oriented students, and to helping fulfill the needs of area employers with our graduates." The new Bryman Institute Eagan campus will offer diploma programs in medical assisting, medical insurance billing/coding, and massage therapy. It is expected to have a student population of approximately 400 students within two years following its opening. Corinthian currently expects to open between six and eight new branch campuses in fiscal 2004. Bryman Institute in Eagan, Minnesota is the eighth new branch announced for fiscal 2004. About Corinthian Colleges Corinthian Colleges, Inc. is one of the largest post-secondary education companies in North America, and serves the large and growing segment of the population seeking to acquire career-oriented education to become more qualified and marketable in today's increasingly demanding workplace. Corinthian's colleges offer master's, bachelor's and associate's degrees and diploma programs in a variety of fields, with a concentration on careers in healthcare, business, criminal justice and technology. Corinthian operates 83 colleges and two continuing education centers in 21 states and 46 colleges and 15 corporate training centers in seven Canadian provinces. 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 regarding Minneapolis/St. Paul, Minnesota metropolitan area demographics, its expectations regarding student population at the Eagan, Minnesota location, and its plans to open between six and eight new branch campuses during fiscal 2004. Many important factors may cause the company's actual results to differ materially from those discussed in any such forward- looking statements, including construction delays for new branch campuses, possible failure or inability to attain regulatory consents for branch campuses, potential increased competition, possible changes in student perception, changes in demand for curricula offered by the company, the effectiveness of the company's advertising and promotional efforts, and the other risks and uncertainties described in the company's filings with the U.S. Securities and Exchange Commission. The historical results achieved by the company are not necessarily indicative of its future prospects. 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: Dennis Beal, EVP/CFO, Ext. 432, or Diane Donohue, Director, IR/PR, Ext. 359, both of Corinthian Colleges, Inc., +1-714-427-3000; or Cecilia Wilkinson, or Rosemary Moothart, both of Pondel Wilkinson MS&L, +1-323-866-6060, for Corinthian Colleges, Inc.

Copyright