Corinthian Expands Nationally Recognized WyoTech Brand Name to Three Additional Campuses
03 Novembre 2004 - 12:49AM
PR Newswire (US)
Corinthian Expands Nationally Recognized WyoTech Brand Name to
Three Additional Campuses SANTA ANA, Calif., Nov. 2
/PRNewswire-FirstCall/ -- Corinthian Colleges, Inc. (NASDAQ:COCO)
today announced that it has strengthened its Titan Schools, Inc.
division by expanding the WyoTech brand name to three additional
campuses, including two Sequoia Institute campuses in Fremont and
Oakland, California and the East Coast Aero Tech (ECAT) campus in
Bedford, Massachusetts. These campuses will change their respective
names to WyoTech- Fremont, WyoTech-Oakland and WyoTech-Boston.
Corinthian acquired the Fremont campus in August 2003 as part of
its acquisition of Career Choices, Inc. Corinthian also acquired
the ECAT campus in August 2003. The Oakland campus became a branch
campus of the Fremont campus in March of 2004. "Changing the names
of these three campuses and transitioning them to our industry
leading WyoTech brand name underscores their integration into the
Corinthian network of colleges," said David G. Moore, Corinthian's
chairman and chief executive officer. "The student and employer
demand for high quality, employer oriented programs at the Fremont,
Oakland and Boston schools will be enhanced by the nationally
recognized WyoTech name, which we believe will expand the
educational and career opportunities for current and prospective
students. These three campuses will benefit from our plan to
leverage the successful nationwide recruitment programs that
WyoTech has already established at its schools in Blairsville,
Pennsylvania; Laramie, Wyoming; and, Sacramento, California." Moore
added: "We believe that having six campuses now operating under the
nationally recognized WyoTech name positions us to better serve
students seeking career-oriented education in the transportation
repair and maintenance fields. This name change also creates
important cost-effective synergies in marketing and advertising."
WyoTech is part of Titan Schools, Inc., Corinthian's technical
division, and now offers degree and diploma programs in automotive,
aeronautical maintenance, diesel, collision/refinishing,
heating/ventilation/air conditioning and plumbing technology. In
addition, WyoTech offers advanced training programs in applied
service management; advanced diesel; advanced diagnostics; street
rod and custom fabrication; chassis fabrication and high
performance engines; trim and upholstery; and motor-sports.
Recently acquired AMI in Daytona Beach, Florida is also part of
Titan Schools, Inc. and offers programs in motorcycle, marine and
personal watercraft technology. 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
health care, business, criminal justice and technology. Corinthian
operates 91 colleges in 23 states in the U.S., and 45 colleges
(including 10 campuses scheduled to close in fiscal 2005) 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 expanding educational opportunities for
current and prospective students, leveraging WyoTech's recruitment
program and creating cost-effective synergies in marketing and
advertising. 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., 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.
Copyright
Vita Coco (NASDAQ:COCO)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
Vita Coco (NASDAQ:COCO)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024