Corrections Corporation of America to Present at Lehman Brothers Conference.NASHVILLE, Tenn. -- Webcast Available on Website: http://customer.talkpoint.com/ LEHM002/031605a_cs/default.asp?entity=CorrectionsCorp 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) today announced that Irving E. Lingo, Jr., Executive Vice President and Chief Financial Officer, will present at the Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. Conference, scheduled to be held at Disney's Yacht & Beach Club Resort in Orlando, Florida, from March 16 - 18, 2005. Mr. Lingo's presentation is scheduled to take place on Thursday, March 17, 2005, at 8:50 a.m. Eastern Time. A webcast of Lingo's presentation can be accessed live through http://customer.talkpoint.com/LEHM002/031605a_cs/ default.asp?entity=CorrectionsCorp. (Due to its length, this URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) A link to the webcast will also be available on the Company's website at www.correctionscorp.com under the "Webcasts" section of the Investor page. The webcast will be archived for 90 days following the conference. Written materials related to Mr. Lingo's presentation will be available today on the Company's website at www.correctionscorp.com under the "Webcasts" section of the Investor page. About the Company Corrections Corporation of America 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, behind only the federal government and three states. The Company currently operates 64 facilities, including 39 company-owned facilities, with a total design capacity of approximately 70,000 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 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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