CORRECTING and REPLACING Career Education Corporation to Participate at March Investor Conferences
March 01 2006 - 4:51PM
Business Wire
The conference date in the third bullet should read: Wednesday,
March 15, 2006 (sted Wednesday, March 25, 2006). The corrected
release reads: CAREER EDUCATION CORPORATION TO PARTICIPATE AT MARCH
INVESTOR CONFERENCES Career Education Corporation (Nasdaq:CECO)
today announced its participation at investor conferences during
the month of March. John M. Larson, Chairman, President and Chief
Executive Officer, and Patrick K. Pesch, Executive Vice President
and Chief Financial Officer, will provide an overview of CEC's
strategic growth plan and financial performance. -- Robert W. Baird
& Co. 2006 Business Solutions Conference, Wednesday, March 1,
2006, at 12:00 p.m. Eastern Time at the Four Seasons Hotel in
Boston, MA. -- Merrill Lynch Internet, Advertising, Information
& Education Conference, Thursday, March 2, 2006, at 2:00 p.m.
Eastern Time at the Millennium Broadway Hotel in New York City. --
Credit Suisse First Boston 8th Annual Global Services Growth
Conference, Wednesday, March 15, 2006, at 10:30 a.m. Mountain Time
at the Arizona Biltmore in Phoenix, AZ. Interested parties can
access each of the above CEC presentations live audio webcasts at
CEC's corporate website at www.careered.com. A replay of the
presentation will also be available and archived at
www.careered.com. About Career Education Corporation Career
Education Corporation (www.careered.com), through its colleges,
schools and universities, offers quality higher education to more
than 100,000 students both on-campus and online in a variety of
career-oriented disciplines. CEC reports and discusses its
operating results in two separate segments: the Colleges, Schools
and Universities segment, which represents the results of the
campuses providing education on-ground, and the Online Education
Group, which represents the results of its campuses providing
education online. The Colleges, Schools and Universities segment
includes more than 70,000 students attending one of 80-plus
campuses owned by CEC. The on-ground campuses are located
throughout the United States, Canada, France, the United Kingdom,
and the United Arab Emirates and offer doctoral degree, master's
degree, bachelor's degree, associate degree, and diploma programs
in the career-oriented disciplines of business studies, visual
communication and design technologies, health education,
information technology, and culinary arts. The Online Education
Group segment includes more than 30,000 students attending the
web-based virtual campuses of either American InterContinental
University Online or Colorado Technical University Online. The
online campuses of these two universities collectively offer a
variety of degrees in information technology, computer science,
business, visual communication, health sciences, criminal justice,
and education. Important Information Career Education Corporation
plans to file with the Securities and Exchange Commission (the
"SEC") and mail to its stockholders a Proxy Statement in connection
with its 2006 Annual Meeting, and advises its security holders to
read the Proxy Statement relating to the 2006 Annual Meeting when
it becomes available because it will contain important information.
Security holders may obtain a free copy of the Proxy Statement and
any other relevant documents (when available) that Career Education
Corporation files with the SEC at the SEC's web site at
http://www.sec.gov. The Proxy Statement and these other documents
may also be obtained free from Career Education Corporation by
directing a request to Career Education Corporation, ATTN: Investor
Relations, 2895 Greenspoint Parkway, Suite 600, Hoffman Estates, IL
60195, or to Georgeson Shareholder Communications Inc. by toll-free
telephone at 888 206-5970, or by mail at 17 State Street, 10th
Floor, New York, NY 10004. Certain Information Regarding
Participants Career Education Corporation, its directors and named
executive officers may be deemed to be participants in the
solicitation of Career Education Corporation's security holders in
connection with its 2006 Annual Meeting. Security holders may
obtain information regarding the names, affiliations and interests
of such individuals in Career Education Corporation's Annual Report
on Form 10-K for the year ended December 31, 2004 and its proxy
statement, dated April 21, 2005, each of which is filed with the
SEC. To the extent holdings of Career Education Corporation have
changed since the amounts printed in the proxy statement, dated
April 21, 2005, such changes have been reflected on Statements of
Change in Ownership on Form 4 filed with the SEC. Except for the
historical and present factual information contained herein, the
matters set forth in this release, including statements identified
by words such as "anticipate," "believe," "plan," "expect,"
"intend," "project," "will," and similar expressions, are
forward-looking statements within the meaning of the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
These statements are based on information currently available to us
and are subject to various risks, uncertainties, and other factors,
that could cause our actual growth, results of operations,
performance and business prospects, and opportunities to differ
materially from those expressed in, or implied by, these
statements. Except as expressly required by federal securities
laws, we undertake no obligation to update such factors or to
publicly announce the results of any of the forward-looking
statements contained herein to reflect future events, developments,
or changed circumstances, or for any other reason. These risks and
uncertainties, the outcome of which could materially and adversely
affect our financial condition and operations, include, but are not
limited to, the following: risks related to our ability to comply
with, and the impact of changes in, legislation and regulations
that affect our ability to participate in student financial aid
programs; costs, risks and effects of legal and administrative
proceedings and investigations and governmental regulations,
including the pending Securities and Exchange Commission and
Justice Department investigations and, class action, derivative,
and other lawsuits; risks related to our ability to comply with
accrediting agency requirements or obtain accrediting agency
approvals; costs and difficulties related to the integration of
acquired businesses; risks related to our ability to manage and
continue growth; future financial and operational results; risks
related to competition, general economic conditions, and other risk
factors relating to our industry and business, and the factors
discussed in our Annual Report on Form 10-K for the year ended
December 31, 2004, and from time to time in our other reports filed
with the Securities and Exchange Commission.
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