Children's Wonderland, Inc. Receives Two Additional Awards From the Veterans Administration for Intergenerational Care; Increases Center Capacity by 70%

LOS ANGELES, Aug. 21 /PRNewswire/ -- Children's Wonderland, Inc. (Nasdaq: CWIC) announced today that it has been awarded contracts to build and operate two additional intergenerational care centers on the grounds of Veterans Administration Medical Centers. The two new sites are in Sepulveda, California and Richmond, Virginia.

This brings to a total of five such intergenerational centers, located on VA campus facilities, which provide care for children and seniors in a single facility. Overall, these awards will increase enrollment capacity by 1,000 children and seniors. Such growth represents a greater than 70% increase from the Company's capacity at the time of its Initial Public Offering on May 6, 1996. The other VA centers will be located in Bay Pines, Florida and Newington and West Haven, Connecticut. West Haven will open in September, with all of the others coming on line early in 1997.

"These two awards add significant capacity to our centers, reinforce our ongoing relationship with the Veterans Administration, and represent but one facet of our development strategy to create growth for the Company," stated Debby Bitticks, CEO, Children's Wonderland.

Concerning next month's opening of the West Haven campus, Leo J. Calderone, Executive Assistant for Development, Veterans Affairs Connecticut Healthcare System, commented enthusiastically, "It is no exaggeration to say that the community has waited twenty years for an innovative care facility. The unique curriculum and innovative intergenerational care services that have been developed by the management and industry professionals at Children's Wonderland make them the obvious partner of choice in the venture."

Children's Wonderland Inc. offers a wide array of services and programs that serve children and elders both independently and in concert. The Company provides developmentally appropriate curriculum and care for infants, toddlers, pre-schoolers, kindergartners and elders. Additional services include: after school care, summer camp programs, mildly-ill care and counseling through its Family Resource Center(R). The Company's mission is to serve the dependent care needs of working families through its premium educational, counseling and health care services. The Company currently has 12 centers in operation in the US. Agoura, California-based Children's Wonderland, Inc. was incorporated in 1993.

SOURCE Children's Wonderland, Inc.

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    /CONTACT:    Anne Doremus of Catalyst Communications, 510-838-7127, for Children's Wonderland, Inc./

(CWIC)

CO: Children's Wonderland, Inc.; U.S. Veterans Administration ST: California, Connecticut, Florida, Virginia IN: HEA SU: CON

KF-SM -- SFW021 -- 6893 08/21/96 13:50 EDT http://www.prnewswire.com