Childtime Learning Centers wins management contracts for centers in New Jersey and Pennsylvania.

FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--Aug. 15, 1996-- Childtime Learning Centers, the nation's fifth largest provider of child care and preschool services, has been awarded on-site management contracts for two employer-sponsored child care centers.

The contracts are with the New Jersey Institute of Technology (NJIT), Newark, N.J., and the Veterans Affairs Medical Center in Coatesville, Pa.

"These management contracts fit our growth strategy to expand our business by 25 to 30 centers a year through the managing of employer-sponsored centers, the acquisition of existing child care centers, and the development of new build-to-suit centers," says Childtime Chief Executive Officer and President Harold Lewis.

Lewis says the need for employer-sponsored child care will continue to grow. "Over 60 percent of women in the work force have children under the age of six and this number is expected to continue to increase," Lewis says. "Research indicates that employers who address employee work and family issues boost morale and increase productivity."

Childtime has 14 years' experience in providing on-site, employer-sponsored child care. With the addition of the two new centers, Childtime now operates 34 on-site or near-site corporate-sponsored centers.

Childtime, with 184 centers nationwide, employs over 4,000 professional educators and child care providers, and provides a vital service to approximately 20,000 children and their parents in 15 states and the District of Columbia.

Childtime, publicly traded as Childtime Learning Centers (NASDAQ:CTIM), is home-based in Farmington Hills.

CONTACT: Childtime Children's Centers, Farmington Hills

Teresa Dollar, 810/476-3200

or

NES 

Nancy Burguess, 810/548-7444