Apollo Group, Inc.'s subsidiary expands into Michigan.Phoenix, Ariz.--(BUSINESS WIRE)--June 19, 1996--Apollo Group, Inc. (Nasdaq:APOL APOL Asia Pacific Online APOL Alternate Person on Line ) today announced that its wholly-owned subsidiary, the Institute for Professional Development (IPD IPD Institut für Programmstrukturen und Datenorganisation IPD Investment Property Databank (UK) IPD Integrated Product Development IPD Intellectual Property Department IPD Invasive Pneumococcal Disease IPD Implicit Price Deflator ), has entered into a 10-year agreement to provide program development and management services to Cornerstone College, located in Grand Rapids Grand Rapids, city (1990 pop. 189,126), seat of Kent co., SW central Mich., on the Grand River; inc. 1850. The second largest city in the state, it is a distribution, wholesale, and industrial center for an area that yields fruit, dairy products, farm produce, , MI. This contract will increase the total number of IPD contracts to 17. Dr. John Dr. John (also Dr. John Creaux) is the stage name of Malcolm John Rebennack Jr. (born November 21, 1940), a colorful pianist, singer, and songwriter, whose music spans, and often combines, blues, boogie woogie, and rock and roll. Sperling, Chairman and Chief Executive Officer of Apollo Group Apollo Group, Inc. NASDAQ: APOL is an S&P 500 corporation based in Phoenix, Arizona. Apollo Group, Inc., through its subsidiaries, provides higher education to working adults. , Inc., commented, "We are pleased with this new partnership with Cornerstone College to expand its current program offerings for working adult students. Since 1973, IPD has assisted colleges and universities in the design, development, implementation and continuing administration of higher education programs designed specifically for working adults. We believe that there is a great demand for affordable higher education throughout the country and we view the Michigan market as one of many attractive areas." Apollo Group, Inc., through its subsidiaries the University of Phoenix, the Institute for Professional Development and Western International University, is one of the largest providers of higher education programs for working adults in the United States, with total student enrollment exceeding 44,000 students. Educational programs and services are offered at over 80 campuses and learning centers in 27 states, Puerto Rico and London, England. CONTACT: James W. Hoggatt VP-Finance/CFO (602) 966-5394 ext. 1729 email: jwhoggat.oramail@apollogrp.edu or Donna N. Stein, APR APR See: Annual Percentage Rate Morgen-Walke Associates, Inc. (212) 850-5600 or Miriam Adler Morgen-Walke Associates, Inc. (415) 296-7383 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion