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Career Education Corporation Announces Renewal of Le Cordon Bleu Licensing Agreement

2008-07-15 09:00:00

HOFFMAN ESTATES, Ill.–(EMWNews)–Career Education Corporation (NASDAQ:CECO) announced today that it has

extended its licensing arrangement with Le Cordon Bleu International

(LCBI) for an additional five year period beginning January 1, 2009

through December 31, 2013.

CEC entered into its first agreement with LCBI almost a decade ago, in

which it obtained the exclusive license to utilize the Le Cordon Bleu

trade name and programs for CECs culinary

schools in North America (Le Cordon Bleu Schools North America).

Consistent with our strategic plan, we are

pleased to continue our relationship with LCBI,

said Gary E. McCullough, president and CEO of Career Education

Corporation. Since we partnered in 1999, Le

Cordon Bleu Schools North America have successfully trained and

graduated thousands of students in the Culinary Arts.

About Career Education Corporation

The colleges, schools, and universities that are part of the Career

Education Corporation (CEC) family offer high quality education to a

diverse population of approximately 90,000 students across the world in

a variety of career-oriented disciplines. The more than 75 campuses that

serve these students are located throughout the U.S. and in France,

Italy, and the United Kingdom, and offer doctoral, master’s, bachelor’s,

and associate degrees and diploma and certificate programs.

Approximately one third of students attend the web-based virtual

campuses of American InterContinental University Online and Colorado

Technical University Online.

CEC is an industry leader whose gold-standard brands are recognized

globally. Those brands include Le Cordon Bleu Schools North America;

Harrington College of Design; Brooks Institute; International Academy of

Design & Technology; American InterContinental University; Colorado

Technical University and Sanford-Brown Institutes and Colleges. Through

its schools, CEC is committed to providing quality education, enabling

students to graduate and pursue rewarding careers.

For more information, see the companys

website at http://www.careered.com.

The company’s website includes a detailed listing of individual campus

locations and web links to its more than 75 colleges, schools, and

universities.

Career Education Corporation
Media:
Lynne Baker

847/851-7006
Andrea Meyer 847/585-3937
or
Investors:
Casey

Darby 847/585-3899
www.careered.com

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