Corinthian Colleges Opens Parks College-Tysons Corner in Washington DC Metropolitan Area
"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.