Capella Education Company Announces Update Regarding Offering of Common Stock.MINNEAPOLIS -- Capella Education Company Capella Education Company (NASDAQ: CPLA) is an education services holding company which owns for-profit, online Capella University and other assets. What is now the Capella Education Company was founded in 1991 by Stephen Shank, former CEO of Tonka Corporation. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CPLA CPLA Certified Public Library Administrator cPLA cytoplasmic phospholipase A 2 CPLA Cordillera People’s Liberation Army CPLA Chinese People's Liberation Army CPLA Consumer Packaging and Labelling Act CPLA Commercial Pilot Licence ), a provider of exclusively online post-secondary education through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. Capella University, today announced that it intends to update its registration statement on Form S-1 for its previously announced offering of shares of its common stock in the near future. The Company stated that it will then be in a position to revisit the offering when it deems it appropriate to do so, which may be in the near term. When available, a copy of the prospectus related to the offering may be obtained by contacting Credit Suisse Securities (USA) LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Prospectus Department, One Madison Avenue, New York, NY 10010 (Tel: 1-800-221-1037). A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. About Capella Education Company Founded in 1991, Capella Education Company is an exclusively online post-secondary education services company. Through our wholly owned subsidiary, Capella University, regionally accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. by The Higher Learning Commission(a), we offer a variety of doctoral, master's and bachelor's online degree programs, in the following disciplines: business, organization and management; education; psychology; human services; and information technology. Our academic offerings combine competency-based curricula with the convenience and flexibility of an online learning format. As of March 31, 2007, Capella University offered over 800 online courses and 16 academic programs with 82 specializations to approximately 19,200 learners. (a) Capella University is accredited by The Higher Learning Commission and is a member of the North Central Association of Colleges and Schools The North Central Association of Colleges and Schools (NCA) is one of six regional accreditation organizations recognized by the United States Department of Education and Council for Higher Education Accreditation. (NCA), http://www.ncahlc.org. |
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