Edison Schools Announces Further Expansion of Schools in New York State Wednesday, June 13, 2001 Edison Schools announced that it plans to open a school in Riverhead this fall in partnership with the Riverhead Charter School Board. In the fall of 2001, the Riverhead Charter School will open its doors to approximately 246 students in grades K-4. In 2002, it plans to expand to 400 students in grades K-5, and by the fifth year it plans to enroll as many as 600 students in grades K-5. Any statements in this press release about future expectations, plans and prospects for the Company, including statements containing the words "believes," "anticipates," "plans," "expects," "will," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the risk factors discussed in our most recent quarterly report filed with the SEC. In addition, the forward-looking statements included in this press release represent the Company's estimates as of June 13, 2001. The Company anticipates that subsequent events and developments will cause the Company's estimates to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's estimates or views as of any date subsequent to June 13, 2001.
|
||||