COCO Vita Coco Company Inc

Corinthian Colleges Opens National Institute of Technology in Houston, Texas; Company's Tenth New Campus in Fiscal 2004 - Bissonnet Campus Marks 28th New Branch Campus Opened Since 1999 - SANTA ANA, Calif., June 30 /PRNewswire-FirstCall/ -- Corinthian Colleges, Inc. (NASDAQ:COCO) today announced the opening of a new National Institute of Technology (NIT) school in Houston, Texas. Houston Bissonnet, the fourth NIT campus in Houston, is located at Westwood Technology Center, 9700 Bissonnet and will offer allied health programs. "Allied health represents one of the fastest-growing sectors in the U.S. economy and we have experienced very positive demand for our programs throughout the greater Houston area," said David G. Moore, chairman and chief executive officer. "We look forward to the opportunity to provide Corinthian's high quality allied health programs to additional students in the greater Houston metropolitan area, as well as employment opportunities as we partner with local employers seeking trained allied health professionals." Moore added, "With the opening of Houston Bissonnet, Corinthian has met its aggressive objective of opening 10 new campuses in fiscal 2004; Bissonnet is the 28th new campus opened since our IPO in 1999. Opening new branch campuses is a key component of our internal growth strategy, and we are pleased with the successes we have achieved. As previously stated, we look forward to opening approximately 10 new campuses in fiscal 2005, including the three schools that have already been announced -- Fort Worth, Texas; Columbus, Ohio; and Earth City, Missouri." Houston Bissonnet, which encompasses approximately 28,500 square feet, will initially offer diploma programs in medical assistant and pharmacy technician and expects to offer additional allied health programs in the future. 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. Corinthian operates 90 colleges in 22 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 regarding National Institute of Technology's (NIT) allied health curricula and the Houston area market, its expectations regarding new branch campuses in fiscal 2005, and its expectations regarding the future student population at the new Houston Bissonnet 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 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 of Corinthian Colleges, Inc., +1-714-427-3000, ext. 432; or Cecilia Wilkinson or Rosemary Moothart of PondelWilkinson Inc., +1-310-279-5970, for Corinthian Colleges, Inc.

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