Corrections Corporation of America Announces Date for Second Quarter 2005 Earnings Release and Conference Call.NASHVILLE, Tenn. -- Corrections Corporation of America Corrections Corporation of America (NYSE: CXW) (CCA) is a company that manages public prisons and other facilities[1], and has concessions for many others. The company had annual revenues in 2004 of $1.15 billion USD. (NYSE NYSE See: New York Stock Exchange :CXW) announced today that it will release its second quarter and first half 2005 financial results on Thursday, August 4, 2005. A live broadcast of Corrections Corporation of America's conference call will be available on-line through the Company's website at www.correctionscorp.com (under the "Webcasts" section of the Investor page) on August 4, 2005, at 2:00 p.m. central time. The on-line replay will be archived on the Company's website promptly following the conference call. In addition, there will be a telephonic replay available beginning at 4:00 p.m. central time on August 4, 2005, through 11:59 p.m. central time on August 11, 2005. To access the telephonic replay, dial 1-800-405-2236 and enter confirmation number 11034556. About the Company The Company is the nation's largest owner and operator of privatized correctional and detention facilities and one of the largest prison operators 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. , behind only the federal government and three states. The Company currently operates 63 facilities, including 39 company-owned facilities, with a total design capacity of approximately 69,000 beds in 19 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . The Company specializes in owning, operating and managing prisons and other correctional facilities and providing inmate residential and prisoner transportation services for governmental agencies. In addition to providing the fundamental residential services relating to inmates, the Company's facilities offer a variety of rehabilitation and educational programs, including basic education, religious services, life skills and employment training and substance abuse treatment. These services are intended to reduce recidivism recidivism: see criminology. and to prepare inmates for their successful re-entry RE-ENTRY, estates. The resuming or retaking possession of land which the party lately had. 2. Ground rent deeds and leases frequently contain a clause authorizing the landlord to reenter on the non-payment of rent, or the breach of some covenant, when the into society upon their release. The Company also provides health care (including medical, dental and psychiatric services), food services food services Hospital services A 24/7 department in a hospital that provides for the nutritional needs of inpatients–eg, those needing special diets, preparing meals and transporting them to the floor and, through the cafeteria, the hospital staff and and work and recreational programs. The Company takes no responsibility for updating the information contained in this press release following the date hereof to reflect events or circumstances occurring after the date hereof or the occurrence of unanticipated events or for any changes or modifications made to this press release or the information contained herein by any third-parties, including, but not limited to, any wire or internet services. |
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