Corinthian Colleges Opens Parks College-Tysons Corner in Washington DC Metropolitan Area
02 Juin 2004 - 2:45PM
PR Newswire (US)
Corinthian Colleges Opens Parks College-Tysons Corner in Washington
DC Metropolitan Area - Eighth New Campus Opened in Fiscal 2004 -
SANTA ANA, Calif., June 2 /PRNewswire-FirstCall/ -- Corinthian
Colleges, Inc. (NASDAQ:COCO) today announced the opening of Parks
College-Tysons Corner, a new 28,600 square foot facility located at
1430 Spring Hill Road in McLean, Virginia. It is the company's
second school in the greater Washington DC metropolitan area,
joining Parks College in Arlington, Virginia. "We believe our new
Parks College-Tysons Corner is well positioned to address the
demands of businesses seeking skilled individuals in the greater
Washington DC area," said David G. Moore, chairman and chief
executive officer. "Corinthian recognizes the enormous need for
post-secondary education in America and is focused on providing
programs for motivated, career-oriented students that meet the
needs of employers. Parks College-Tysons Corner marks our eighth
new campus opened in fiscal 2004 and demonstrates our commitment to
a balanced growth strategy that includes opening new campuses."
Parks College-Tysons Corner will offer degree programs in business
administration and criminal justice and a diploma program in
medical assisting. Corinthian expects the campus to have a student
population of approximately 400 within two years of its opening.
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. Excluding the two LTU continuing education centers
expected to close in the fourth quarter of fiscal 2004 that will
end June 30, 2004, Corinthian operates 88 colleges in 21 states in
the U.S., and 45 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 about its ability to serve increasing numbers of
career-oriented students and employers and its expectations
regarding the future student population of the new McLean, Virginia
location. Many important factors may cause the company's actual
results to differ materially from those discussed in any such
forward-looking statements, including possible failure or inability
to obtain regulatory consents, potential increased competition,
possible changes in student perception, changes in demand for
curricula offered by the company, possible changes in 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 Inc.,
+1-323-866-6060, for Corinthian Colleges, Inc.
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