Corinthian Colleges Opens New Bryman Institute Near Boston
30 Mars 2004 - 2:45PM
PR Newswire (US)
Corinthian Colleges Opens New Bryman Institute Near Boston - Third
Campus in Massachusetts; Seventh New Branch Opened in Fiscal 2004 -
SANTA ANA, Calif., March 30 /PRNewswire-FirstCall/ -- Corinthian
Colleges, Inc. today announced the opening of a new Bryman
Institute in Chelsea, Massachusetts that will offer education
programs to prepare students in the greater Boston metropolitan
area for careers in healthcare. Bryman-Chelsea is Corinthian's
second Bryman Institute in the greater Boston area and its third
campus in Massachusetts, joining Bryman-Brighton and East Coast
Aero Tech in Bedford. Bryman-Chelsea, located at 70 Everett Avenue,
will offer diploma programs in medical assisting, massage therapy
and pharmacy tech. Corinthian expects the campus, encompassing
approximately 30,000 square feet, to have a student population of
approximately 400 within two years. "We are excited to bring
Bryman's career-oriented allied health curricula to Chelsea and
look forward to serving a greater number of students and employers
in Massachusetts," said David G. Moore, Corinthian's chairman and
chief executive officer. "The programs offered at Bryman-Chelsea
are modeled after our Bryman-Brighton campus, which has enjoyed
strong enrollment and placement success. Additionally, with two
campuses in Massachusetts operating under the well-known and
well-respected Bryman brand name, we expect to gain important
marketing and operating efficiencies." Corinthian has announced
plans to open ten new branch campuses in fiscal 2004, which will
end June 30. Bryman-Chelsea is the seventh campus opened thus far.
About Corinthian Colleges Corinthian Colleges, Inc. is one of the
largest post-secondary education companies in North America, and
serves the largeand 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 diplomaprograms in a variety of fields, with a
concentration on careers in healthcare, business, criminal justice
and technology. Corinthian operates 87 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 expectations regarding student
population at the Chelsea, Massachusetts location, its expectations
regarding the leveraging of marketing and operating efficiencies
for its Bryman Massachusetts locations, and its plans to open ten
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
potential 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 achievedby 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 Inc., +1-323-866-6060, for Corinthian Colleges,
Inc. Web site: http://www.cci.edu/
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