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Computer Learning Centers Completes Sale of Delta College.


Business Editors

MANASSAS, Va.--(BUSINESS WIRE)--Sept. 6, 2000

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 sold its Canadian Learning Centers ("Delta College Delta College is the name of several community colleges in the United States and Canada. Among them are:
  • Delta College in Montreal, Quebec
  • Delta College, near Bay City, Michigan
  • Louisiana Delta Community College
") to CDI CDI compact disc interactive: a system for storing a mix of software, data, audio, and compressed video for interactive use under processor control  Education Corporation (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
: EDU), Canada's largest public information technology education and training company, for approximately U.S. $1.4 million. Delta College consists of three campuses in and around Montreal, Quebec. Proceeds will be used to reduce CLC's outstanding line of credit and for general working capital purposes.

John Corse, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of CLC, commented, "With this sale consummated, we are now able to focus on enhancing the operations of our U.S. Learning Centers and growing our core business."

Computer Learning Centers provides information and computer-related education and training at 25 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 focused on client/server systems and applications programming, networking administration and management, help desk operations and computer technical support.

This press release contains 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.
. The words "believe," "expect," "intend," "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, competition and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
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Publication:Business Wire
Date:Sep 6, 2000
Words:298
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