NATIONAL AMERICAN UNIVERSITY HOLDINGS, INC. ANNOUNCES THE DEVELOPMENT OF A COMMUNITY COLLEGE ADVISORY BOARD
Rapid City, South Dakota, January 4, 2012 - National American University Holdings, Inc. (the "Company") (NASDAQ: NAUH), which through its wholly owned subsidiary operates National American University ("NAU"), a regionally accredited, proprietary, multi-campus institution of higher learning, today announced that NAU has developed a Community College Advisory Board consistng of nationally renowned members to strengthen its relationships with community colleges.
NAU has been a longtime supporter of community college
education for over 20 years with a number of community
college presidents and other constituents serving on the
university's board of trustees. The university also shares
many of the same values as community colleges in terms of an
open door policy, focusing most importantly on student
learning and student success. The university is committed to
enhance partnerships that promote community college
excellence and support student learning and completion.
The Community College Advisory Board will serve as an
advisory and decision-making group under the direction of the
Chair of the Board, Dr. John E. Roueche, on matters related
to the university's academic programs, services and
initiatives related to community colleges. Dr. Roueche holds
the Sid Richardson Regents Chair at the University of Texas
at Austin, where he directs the Community College Leadership
Program and is a nationally recognized authority in community
college education.
"NAU provides a caring and supporting learning environment
focused on working with all students to help provide them the
opportunity to achieve their educational goals," said Dr.
Samuel D. Kerr, Provost for National American University.
"This is a vision shared with community colleges and we are
excited about the opportunity to build partnerships to meet
the academic needs of students."
The Community College Advisory Board will meet quarterly to
assist in building alliances to meet the needs of community
college students and staff based on the mission and core
values of NAU. These responsibilities include the development
of strategic alliances with community colleges.
The members of the Advisory Board include: Dr. John E.
Roueche; Dr. George R. Boggs, President CEO Emeritus of the
American Association of Community Colleges; Dr. Donald W.
Cameron, President Emeritus of Guilford Technical Community
College; Dr. Gerardo E. de los Santos, President and Chief
Executive Officer League for Innovation in the Community
College; Dr. Terry O'Banion, President Emeritus and Senior
League Fellow, League for Innovation in the Community College
and Senior Advisor, Higher Education Programs, Walden
University; Dr. Jerry Sue Thornton, President of Cuyahoga
Community College; and Dr. Margaretta Brédé Mathis; NAU
Provost, Dr. Samuel D. Kerr, and the President of Online
Learning, Dr. Robert Paxton, will serve as ex-officio members
and as internal resources for the board.
About National American University Holdings, Inc.
National American University Holdings, Inc., through its wholly owned subsidiary, operates National American University ("NAU"), a regionally accredited, proprietary, multi-campus institution of higher learning offering associate, bachelor's, and master's degree programs in health care and business-related disciplines. Accredited by The Higher Learning Commission and a member of the North Central Association of Colleges and Schools, NAU has been providing technical and professional career education since 1941. NAU opened its first campus in Rapid City, South Dakota, and has since grown to multiple locations throughout the central United States. In 1998, NAU began offering online courses. Today, NAU offers degree programs in traditional, online, and hybrid formats, which provides students increased flexibility to take courses at times and places convenient to their busy lifestyles.
Forward Looking Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the Company's business. Statements made in this release, other than those concerning historical financial information, may be considered forward-looking statements, which speak only as of the date of this release and are based on current beliefs and expectations and involve a number of assumptions. These
National American University Holdings, Inc. Page 2
January 4, 2012
forward-looking statements include outlooks or expectations
for earnings, revenues, expenses or other future financial or
business performance, strategies or expectations, or the
impact of legal or regulatory matters on business, results of
operations or financial condition. Specifically,
forward-looking statements may include statements relating to
the future financial performance of the Company; the ability
to continue to receive Title IV funds; the growth of the
market for the Company's services; expansion plans and
opportunities; consolidation in the market for the Company's
services generally; and other statements preceded by,
followed by or that include the words "estimate," "plan,"
"project," "forecast," "intend," "expect," "anticipate,"
"believe," "seek," "target" or similar expressions. These
forward-looking statements involve a number of known and
unknown risks and uncertainties or other assumptions that may
cause actual results or performance to be materially
different from those expressed or implied by those
forward-looking statements. Other factors that could cause
the Company's results to differ materially from those
contained in its forward-looking statements are included
under, among others, the heading "Risk Factors" in the
Company's Annual Report on Form 10-K, which was filed on
August 5, 2011, and in its other filings with the Securities
and Exchange Commission. The Company assumes no obligation to
update the information contained in this release.
Contact Information:
Dr. Ronald Shape
605-721-5220 rshape@national.edu
Investor Relations Counsel The Equity Group Inc. Carolyne
Yu
212-836-9610 cyu@equityny.com
Adam Prior
212-836-9606 aprior@equityny.com
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