Computer Learning Centers Announces Lease Agreements To Open Three New Learning Centers And One Advantec Institute.FAIRFAX, Va.--(BUSINESS WIRE)--May 16, 1997-- Michigan and Virginia Learning Centers Receive Title IV Eligibility Computer Learning Centers, Inc. (Nasdaq National Market: CLCX) ("CLC (The Computer Language Company Inc.) The publisher of this Encyclopedia. See About this product. ") today announced that it has signed lease agreements to open its fifteenth, sixteenth, and seventeenth Learning Centers in Cherry Hill Cherry Hill, township (1990 pop. 69,319), Camden co., W central N.J.; name was changed from Delaware township to Cherry Hill in 1961. Largely residential, Cherry Hill has been marked by great development and housing growth, especially since the 1970s. , New Jersey, Hurst (Ft. Worth), Texas, and Northeast Philadelphia Northeast Philadelphia ("the Northeast") is a section of the city of Philadelphia, Pennsylvania. According to the 2000 Census, the Northeast has a sizable percentage of the city's 1. . The Company also signed a lease agreement to open its third Advantec Institute in Alexandria, Virginia Alexandria is an independent city in the Commonwealth of Virginia. As of the 2000 census, the city had a total population of 128,284. Located along the Western bank of the Potomac River, Alexandria is approximately 6 miles (9.6 kilometers) south of downtown Washington, DC. . Upon approval by the appropriate state regulatory authorities, CLC expects to commence classes at these locations during the second quarter ending July 31, 1997. The Company's new Learning Centers will be located at Two Executive Campus, Cherry Hill, New Jersey 08034; 301 NE Loop, Hurst, Texas Hurst is a city in Tarrant County, Texas, United States. The population was 36,273 at the 2000 census. Hurst is part of the Hurst-Euless-Bedford Independent School District (HEBISD). 76053; and 2180 Harnig Road, Philadelphia, Pennsylvania 19116, respectively. CLC's Advantec Institute will be located at 5650 General Washington Drive, Alexandria, Virginia 22312. The Company also announced that the Department of Education granted Title IV eligibility to its Manassas, Virginia “Manassas” redirects here. For other uses, see Manassas (disambiguation). Manassas is an independent city located in the Commonwealth of Virginia. The population was 35,135 at the 2000 census. and Madison Heights, Michigan Madison Heights is a city in Oakland County of the U.S. state of Michigan. It is a suburb of Detroit. As of the 2000 census, its population was 31,101. History Originally part of Royal Oak Township, Madison Heights incorporated as a city by popular vote on January 17, Learning Centers, effective March 14, 1997 and April 14, 1997, respectively. All 14 Learning Centers currently have Title IV eligibility. Under Title IV, qualified students attending these Learning Centers are eligible to participate in various federally funded financial aid programs. Reid Bechtle, President and Chief Executive Officer of CLC, commented, "The Cherry Hill Learning Center represents CLC's entrance into the New Jersey marketplace, an area of the country in which we believe there exists a substantial demand for information technology and computer-related education and training. The Hurst (Ft. Worth) and Northeast Philadelphia Learning Centers augment our presence in these parts of the country, and solidifies our position as one of the leading providers of information technology education and training in these regions. The new Advantec Institute reflects CLC's commitment to addressing the growing acceptance of lifelong learning Lifelong learning is the concept that "It's never too soon or too late for learning", a philosophy that has taken root in a whole host of different organisations. Lifelong learning is attitudinal; that one can and should be open to new ideas, decisions, skills or behaviors. as an avenue for job security and career enhancement. The receipt of Title IV eligibility for Manassas and Madison Heights Madison Heights, city (1990 pop. 32,196), Oakland co., SE Mich., a suburb of Detroit; inc. 1955. With the decline of the regional auto industry, the city has become a technology center for companies from a number of industries. will allow qualified students enrolled at these institutions to more effectively manage the cost of their education." Computer Learning Centers provides information and computer-related education and training at 14 Learning Centers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The Company designs programs and courses to meet current information technology education needs, offering instruction in technologies such as client server, databases, networking and object-oriented programming. The Company's Advantec Institutes offer intensive, two-to-six week programs to enhance the skills of information technology professionals in such areas as UNIX system administration, C and C++ and Java and Perle internet programming languages. This press release contains forward-looking statements. The words "believe," "expect," "anticipate," and "project," and similar expressions identify forward-looking statements, which speak only as of the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Forward looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, including the loss of eligibility of the Company's Chicago Learning Center and the possible loss of eligibility of the Company's Philadelphia Learning Center to participate in Title IV programs, competition and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. CONTACT: Computer Learning Centers, Inc. Charles Cosgrove Chief Financial Officer 703/359-7702 or CLCX's INVESTOR RELATIONS Investor relations The process by which the corporation communicates with its investors. COUNSEL: The Equity Group Devin Sullivan, 212/836-9608 Tamara Ehlin, 212/836-9607 |
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