Corinthian Colleges Expands to Ohio With Opening of Bryman Institute
07 Septembre 2004 - 2:45PM
PR Newswire (US)
Corinthian Colleges Expands to Ohio With Opening of Bryman
Institute - Columbus Metropolitan Area School Marks Second New
Campus in Fiscal 2005 - SANTA ANA, Calif., Sept. 7
/PRNewswire-FirstCall/ -- Corinthian Colleges, Inc. (NASDAQ:COCO)
today announced the opening of a new Bryman Institute in the
greater Columbus, Ohio metropolitan area, marking the company's
first school in the state. The campus encompasses approximately
28,000 square feet at 825 Tech Center Drive in Gahanna, Ohio and
will offer programs in the allied health field. Bryman-Columbus is
the second new campus Corinthian has opened in its fiscal year
2005. "With the opening of our Bryman Institute in Ohio, Corinthian
now offers high-quality secondary education programs for
career-oriented individuals in 23 states," said David Moore,
Corinthian's chairman and chief executive officer. "The
demographics of the greater Columbus area are well matched to the
allied health curricula that Bryman-Columbus offers and we look
forward to serving students and employers in the region." The new
Bryman Institute, part of Corinthian's CSi division, initially will
offer diploma and certificate programs in medical assisting and
medical insurance billing/coding. It is expected to grow to 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 91 colleges in 23 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 Gahanna,
Ohio location and its expectations regarding demographics in the
greater Columbus 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 Columbus, Ohio
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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