WEST ORANGE, N.J., June 2 /PRNewswire-FirstCall/ -- Lincoln Educational Services Corporation (NASDAQ:LINC) ("Lincoln") today announced the opening of its new campus located in the Aliante section of North Las Vegas, Nevada. This is Lincoln's third Euphoria Institute of Beauty Arts & Sciences campus in Nevada.
"We are excited about opening Lincoln's fifth Euphoria brand school, bringing our footprint to 35 campuses across the United States," stated David F. Carney, Chairman and CEO. "We are currently enrolling our first students at our Aliante location for a start date of July 7, 2008. We offer Cosmetology and Aesthetics diploma granting programs at Aliante, which can be attended on a full time or part time basis. We are in an excellent position to benefit from the strong demand in the Cosmetology and Aesthetics market. We will continue to provide valuable education and training opportunities for high school graduates and adults that will enable them to enter the job market with a valuable skill set." "I'm pleased to play a role in building Lincoln's new Aliante campus and assisting students to empower themselves through education and training," said Kristie Chiles, Executive Director of Aliante. "Upon completion of their program, graduates will be eligible to sit for state licensing exams and will be provided with career counseling from our Career Services division. The excitement that exudes from the students touring and enrolling at our new facility is shared amongst our staff and community who are elated to have this type of educational institution in the area." About Lincoln Educational Services Corporation Lincoln Educational Services Corporation is a leading and diversified for- profit provider of career-oriented post-secondary education. Lincoln offers recent high school graduates and working adults degree and diploma programs in five principal areas of study: automotive technology, health sciences, skilled trades, business and information technology and hospitality services. Lincoln has provided the workforce with skilled technicians since its inception in 1946. Lincoln currently operates 35 campuses in 17 states under five brands: Lincoln College of Technology, Lincoln Technical Institute, Nashville Auto-Diesel College, Southwestern College and Euphoria Institute of Beauty Arts and Sciences. Lincoln had a combined average student population of approximately 18,459 as of March 31, 2008.
Statements in this press release regarding Lincoln's business which are not historical facts may be "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward- looking statements, see "Risk Factors" in Lincoln's Form 10-K for the year ended December 31, 2007. All forward-looking statements are qualified in their entirety by this cautionary statement, and Lincoln undertakes no obligation to revise or update this news release to reflect events or circumstances after the date hereof. DATASOURCE: Lincoln Educational Services Corporation CONTACT: Brad Edwards of Brainerd Communicators, +1-212-986-6667, for Lincoln Educational Services Corporation Web site: http://www.lincolneducationalservices.com/
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