Exhibit
99.1
American
InterContinental University Applies for Accreditation by the Higher Learning
Commission of the North Central Association
Hoffman
Estates, Illinois – November 06, 2008 – American InterContinental University
(AIU) announced today that it has initiated the process to change the
University’s accreditation from the Commission on Colleges of the Southern
Association of Colleges and Schools (SACS) to the Higher Learning Commission
(HLC) of the North Central Association of Colleges and Schools.
Both SACS
and the HLC are among the six regional accrediting commissions recognized by the
U.S. Department of Education to accredit colleges and universities based on
their geographic regions. According to Dr. Alan Drimmer, Chief
Executive Officer of AIU, "Our change to accreditation by the HLC makes perfect
sense from a geographic perspective, as a majority of our students are served
through HLC’s region.”
As with
all of the regional accrediting commissions, accreditation by HLC follows a
process of peer review and approval by the Commission. AIU is
currently undergoing the requisite review and approval process. The
grant of accreditation is at the discretion of HLC according to its eligibility
requirements and accreditation criteria. Until HLC accreditation is
granted, AIU remains accredited by SACS.
About
American InterContinental University
American
InterContinental University (AIU), established in Europe in 1970, awards
Associate, Bachelor’s, and Master’s degrees in a variety of disciplines. The AIU
network includes seven campuses: AIU Buckhead (Atlanta, GA); AIU Dunwoody (GA); AIU South Florida (Weston,
FL); AIU Los Angeles (CA), AIU Houston (TX), and AIU London (England); as well
as AIU Online, the internet-based campus (headquartered in suburban Chicago).
For more information, please visit www.aiuniv.edu. AIU
is a member of the Career Education Corporation (NASDAQ:CECO) network of universities,
colleges, and schools.
Contact:
Jeff
Leshay
(847)
585-2005