Banner Year for New Horizons Global Expansion; 100th International Center Opens in Frankfurt, Germany.Business Editors and High-Tech Writers SANTA ANA Santa Ana, city, El Salvador Santa Ana (sän'tä ä`nä), city (1993 pop. 129,873), W El Salvador. It is the second largest city in the country and the commercial and processing center for a sugarcane, coffee, and cattle region. , Calif.--(BUSINESS WIRE)--Feb. 8, 2001 New Horizons Computer Learning Centers Inc., a subsidiary of New Horizons Worldwide Inc. (Nasdaq:NEWH NEWH Network of Executive Women in Hospitality ), has completed a banner year for global expansion in 2000 as the world's largest independent computer training company now has 280 centers in 44 countries. In 2000, the company added 38 international locations and opened centers in six new countries, including Pakistan, Qatar, Jamaica, Colombia, Bolivia and Israel. In North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , New Horizons opened 27 new locations. One of the year's milestones occurred with the November opening of New Horizons' 100th international training center in Frankfurt, Germany. "The intent of our international expansion has always been to offer the widest variety of training choices and the most consistent, quality delivery worldwide," said Robert Shaw Robert Shaw may refer to:
"The recent opening of our 100th international location is strong testimony that our business model allows our new locations to provide IT training on the latest software, network and Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the technologies through multiple-delivery methods and formats." The Frankfurt center, owned by Nils Gutsche, Oliver Herbig and Hanno Traulsen, is the eighth New Horizons to open in Germany. It currently has six classrooms, but plans to expand to 15 by the spring of this year. "Since Frankfurt is considered Germany's financial center," Gutsche said, "we expect this to be a most promising site for New Horizons and a welcome challenge for our team." In 2000, New Horizons awarded master franchise rights to China, Ecuador, Israel and Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific. . "Our master franchise model provides rapid expansion opportunities for our master license holders," Shaw said. "In the first quarter of 2001, we plan to open centers in eight countries, including Bangladesh, Dominican Republic Dominican Republic (dəmĭn`ĭkən), republic (2005 est. pop. 8,950,000), 18,700 sq mi (48,442 sq km), West Indies, on the eastern two thirds of the island of Hispaniola. The capital and largest city is Santo Domingo. , Ecuador, Greece, Honduras and Oman." About New Horizons New Horizons Computer Learning Centers is the world's largest independent IT training company and provides customer-focused computer training choices by offering more than 3 million student training days per year. During the past year, New Horizons Worldwide was listed among FORTUNE magazine's "100 Fastest-Growing Companies" and among FORBES magazine's "200 Best Small Companies" in America. With more than 280 centers in 44 countries, New Horizons trains more people than any other independent IT training company. In addition to instructor-led classes and training via CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). , the company offers Web-based training, computer labs, certification exam preparation tools and 24-hour, seven-day-a-week help desk support through both company-owned and franchise-operated computer learning centers. For more information, visit www.newhorizons.com. Except for historical information contained herein, the matters discussed in this press release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are subject to certain risks and uncertainties. Such risks and uncertainties include, without limitation, the company's dependence on the timely development, introduction and customer acceptance of courses and new products, the impact of competition and downward pricing pressures, the effect of changing economic conditions, risks in technology development and the other risks and uncertainties detailed from time to time in the company's filings with the Securities and Exchange Commission. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion