Corinthian Colleges Opens New Everest College in Ft. Worth Texas
24 Août 2004 - 2:45PM
PR Newswire (US)
Corinthian Colleges Opens New Everest College in Ft. Worth Texas -
Third Campus in Dallas-Ft. Worth Metropolitan Area - SANTA ANA,
Calif., Aug. 24 /PRNewswire-FirstCall/ -- Corinthian Colleges, Inc.
(NASDAQ:COCO) today announced that it has opened a new Everest
College in Ft. Worth, Texas, the third Everest campus in the
greater Dallas-Ft. Worth metropolitan area. The 30,000 square foot
school is the first branch campus opened in the 2005 fiscal year.
"Our new Everest College builds on the success we have achieved and
leverages the strong lead flow we have generated in the Ft. Worth
area," said David Moore, Corinthian's chairman and chief executive
officer. "We continue to focus on opportunities to provide high
quality secondary education programs for career-oriented
individuals and look forward to serving additional students and
employers in that area." The new Everest College will offer
associate of applied science degrees in medical assisting and
business administration. It is expected to have a student
population of approximately 400 students within two years following
its opening. About Corinthian Colleges, Inc. 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. Upon completion of previously announced
facilities closures and consolidations, the company will operate 89
colleges in 22 states in the U.S. and 35 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 Ft. Worth Everest location and its expectations
regarding lead flow in the greater Dallas-Ft. Worth metropolitan
area. Many important factors may cause the company's actual results
to differ materially from those discussed in any such forward-
looking statements, including general changes in the economic
climate in the U.S. and the Dallas-Ft. Worth area; difficulties or
additional expenses in opening the 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; potential higher average costs to offer new curricula; the
effectiveness of the company's advertising and promotional efforts;
the effectiveness of the company's regulatory compliance efforts;
and 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, both of
PondelWilkinson Inc., +1-310-279-5980, for Corinthian Colleges,
Inc. Web site: http://www.cci.edu/
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