CECO CECO Environmental Corporation

Bostic Alerts CECO Stockholders Not to be Misled By Color of Voting Form Enclosed With Company Proxy Materials Stockholders Urged to Verify They Vote Bostic White Proxy NOT CECO's SEA ISLAND, Ga., May 12 /PRNewswire/ -- Steve Bostic, Career Education Corporation's (NASDAQ:CECO) largest individual stockholder, today alerted all stockholders holding their shares through bank and broker clients of ADP-ICS to the fact that the voting forms mailed to them with the Company's proxy statement were White, despite CECO's representation that its materials included a Blue proxy card. Shares processed by ADP-ICS represent well over 95% of CECO's outstanding shares. The color discrepancy has caused confusion among stockholders seeking to vote in support of Mr. Bostic's recommendations. Mr. Bostic urges stockholders to vote on his WHITE proxy card to Withhold Authority for the three Company-nominated director candidates and vote for stockholder corporate governance proposals to declassify the Board, terminate the Company's poison pill, and give stockholders the right to call a special meeting. Institutional Shareholder Services (ISS) has recommended that stockholders vote Bostic's WHITE proxy. Mr. Bostic warned, "From a Shareholder Rights point of view, it is particularly important that CECO investors not be misled by the white voting form ADP mailed to CECO stockholders purporting to be a blue proxy and that they vote on my WHITE card. The Company's form does not even provide an opportunity to vote on the three stockholder proposals. Stockholders may think they are supporting my proposals by voting on the white form ADP mailed on the Company's behalf when, in reality, CECO has stated that it will vote ALL shares for which it receives proxies AGAINST these proposals." "Additionally, stockholders should know that even though I am soliciting WHITE proxies in opposition to the Board's recommendation regarding the election of the director-nominees, NYSE rules permit brokers, in the absence of client instructions, to vote their clients' shares on CECO's card. Therefore, it is critical that stockholders who want to send a strong, unambiguous message to the Board -- by voting for these proposals and withholding authority for the director-nominees -- double check to make sure they sign, date and return the Bostic WHITE voting form." If stockholders are unsure which voting form or proxy to use, Mr. Bostic urges these stockholders to contact Innisfree M&A Incorporated toll-free at (877) 825-8631 for further direction. Stockholders may obtain a free copy of Mr. Bostic's definitive proxy statement and other relevant documents by calling Innisfree M&A toll-free at (877) 825-8631. Mr. Bostic's proxy statement, which has been mailed to Career Education Corporation stockholders, and other filings and information related to his solicitation can be found at http://www.sec.gov/. Contacts: MEDIA INVESTORS Jeremy Fielding/Kimberly Kriger Alan Miller/Jennifer Shotwell Kekst and Company Innisfree M&A Incorporated 212-521-4800 212-750-5833 DATASOURCE: Steve Bostic CONTACT: Media - Jeremy Fielding or Kimberly Kriger, both of Kekst and Company, +1-212-521-4800; Investors - Alan Miller or Jennifer Shotwell both of Innisfree M&A Incorporated +1-212-750-5833, all for Steve Bostic

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