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EDUCATION ALTERNATIVES SIGNS FIVE-YEAR CONTRACT TO MANAGE BALTIMORE CITY'S ROBERT W. COLEMAN ELEMENTARY SCHOOL

 MINNEAPOLIS, Nov. 16 /PRNewswire/ -- Education Alternatives, Inc. (NASDAQ: EAIN), which has been managing nine public schools in Baltimore City for more than a year, announced today that it has signed a five- year contract to manage a tenth school in that city, the Robert W. Coleman Elementary School. Under the terms of the agreement, EAI will receive the district's average full-time equivalent (FTE) amount of $5,918 per child times the actual enrollment of the school which, on Sept. 30, 1993, was 531 students.
 Robert W. Coleman Elementary School is considered one of Baltimore's best elementary schools and is the first of 22 schools to be designated "Enterprise Schools" in Baltimore City. Enterprise Schools are schools in which administrators have volunteered to be part of an initiative for site-based management recently begun in the Baltimore City School District. Administrators of these schools will have the authority to manage their own educational programs, financial resources, and physical facilities. They will also have the authority to contract out for these services as Coleman has done in this case with EAI.
 In June of 1992, Walter G. Amprey, Baltimore City's school superintendent, authorized a study to explore the possibility of moving schools toward self-governance. The resulting Towers Perrin/Cresap report recommended that the Baltimore City Public Schools reverse the tradition of central office control and create a network of individually managed schools. A task force of school and community leaders extensively analyzed the report and planned for this progressive change.
 Amprey has announced his goal to have all Baltimore City schools move to site-based management by the next school year. "Staff members of the schools, parents, and other key stakeholders understand the special needs of the children they serve and can respond to those needs more appropriately," Amprey explained.
 Addie Johnson, principal of the Robert W. Coleman Elementary School, has stated that the contract with Education Alternatives will enable her to focus on improving the performance of students. "We are going to run the school like a business and be completely customer-oriented," said Johnson. "We have long enjoyed a reputation for excellence, and I believe the contracted services will allow us to focus more than ever on quality education."
 Education Alternatives will subcontract the financial management of the school to KPMG Peat Marwick and the facilities management of the school to Johnson Controls World Services. EAI provides private management of public schools and sells proprietary products and consulting services to public and private schools. The company currently manages 11 schools under various management contracts with a total enrollment exceeding 6,600 students.
 -0- 11/16/93
 /CONTACT: John T. Golle, chairman and CEO of Education Alternatives, 612-832-0092/
 (EAIN)


CO: Education Alternatives, Inc. ST: Minnesota IN: SU: CON

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Publication:PR Newswire
Date:Nov 16, 1993
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