-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, K6NIWA22+luoGdvsNzizGjjExemdn0b3nIIBzIDBQqFU9Ts04RsY/TD74cy46gSR p8bzCCoz3LxG0+OTPeCFXA== 0000950136-03-000017.txt : 20030106 0000950136-03-000017.hdr.sgml : 20030106 20030106172812 ACCESSION NUMBER: 0000950136-03-000017 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030106 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STRAYER EDUCATION INC CENTRAL INDEX KEY: 0001013934 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 521975978 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21039 FILM NUMBER: 03505668 BUSINESS ADDRESS: STREET 1: 1025 15TH STREET NW CITY: WASHINGTON STATE: DC ZIP: 20005 BUSINESS PHONE: 2024082400 MAIL ADDRESS: STREET 1: 1025 15TH STREET NW CITY: WASHINGTON STATE: DC ZIP: 20005 8-K 1 file001.txt FORM 8-K ================================================================================ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 6, 2003 STRAYER EDUCATION, INC. ----------------------- (Exact name of registrant as specified in its charter) Maryland 000-21039 52-1975978 - ------------------------------- ---------------- ------------------- (State or other jurisdiction of (Commission File (I.R.S. Employer incorporation or organization) Number) Identification No.) 1100 Wilson Boulevard Suite 2500 Arlington, VA 22209 - ---------------------------------------------- ----- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (703) 247-2500 Not applicable (Former name or former address, if changed since last report) ================================================================================ Item 5. Other Events. On January 6, 2003 Strayer Education, Inc. announced that Strayer University has received final approval from the Tennessee Higher Education Commission to operate campuses in the cities of Nashville and Memphis. Strayer University intends to open campuses in both cities commencing in the spring 2003 quarter. The January 6, 2003 Press Release is attached hereto as an exhibit and incorporated herein by reference. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. 99.01 Press Release dated January 6, 2003 SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Strayer Education, Inc. Date: January 6, 2003 By: /s/ Steven A. McArthur -------------------------- Steven A. McArthur Senior Vice President and General Counsel EXHIBIT INDEX EXHIBIT DESCRIPTION - ---------------- ----------------------------- 99.01 Press Release dated January 6, 2003 EX-99.01 3 file002.txt PRESS RELEASE EXHIBIT 99.01 FOR IMMEDIATE RELEASE FOR MORE INFORMATION CONTACT: Mark C. Brown Chief Financial Officer (703) 247-2514 Sonya Udler Vice President of Corporate Communications (703) 247-2517 STRAYER EXPANDS INTO TENNESSEE WITH CAMPUSES IN MEMPHIS AND NASHVILLE CLASSES BEGIN SPRING 2003 ARLINGTON, VA., JANUARY 6, 2003 -- Strayer Education, Inc. (Nasdaq: STRA), the parent company of Strayer University, today announced that Strayer University has received final approval from the Tennessee Higher Education Commission to operate campuses in the cities of Nashville and Memphis. Strayer University has signed lease agreements and intends to open campuses in both cities for the spring 2003 quarter. Classes will begin on March 31, 2003. "We are very excited about our expansion into this market," said Robert Silberman, president and chief executive officer, Strayer Education Inc. "We believe the Tennessee market and its demographics are an excellent fit for Strayer University." Strayer University is a proprietary institution of higher learning that offers undergraduate and graduate degree programs in business administration, accounting, and information technology. The University has more than 16,500 working adult students at 20 campuses in Maryland, Washington, D.C., Virginia, and North Carolina and worldwide via the Internet through Strayer University Online. Strayer University is committed to providing high quality education that prepares working adult students for advancement in their careers and professional lives. By adapting to the latest techniques and technologies used in business, Strayer provides our graduates with practical skills and a competitive edge in the changing marketplace. -MORE- TENNESSEE EXPANSION PRESS RELEASE PAGE 2. Strayer University is accredited by the Middle States Commission on Higher Education. Founded in 1892, Strayer attracts students from around the country and throughout the world. For more information on Strayer Education, Inc. visit www.strayereducation.com and for Strayer University visit www.strayer.edu. This press release contains statements that are forward looking and are made pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995 ("Reform Act"). The statements are based on the Company's current expectations and are subject to a number of uncertainties and risks. In connection with the Safe Harbor provisions of the Reform Act, the Company has identified important factors that could cause the Company's actual results to differ materially. The uncertainties and risks include the pace of growth of student enrollment, our continued compliance with Title IV of the Higher Education Act, and the regulations thereunder, as well as state and regional regulatory requirements, competitive factors, risks associated with the opening of new campuses, risks associated with the offering of new educational programs and adapting to other changes, risks associated with the acquisition of existing educational institutions, risks relating to the timing of regulatory approvals, our ability to implement our growth strategy, and general economic and market conditions. Further information about these and other relevant risks and uncertainties may be found in the Company's annual report on Form 10-K and its other filings with the Securities and Exchange Commission, all of which are incorporated herein by reference and which are available from the Commission. We undertake no obligation to update or revise forward looking statements. # # # -----END PRIVACY-ENHANCED MESSAGE-----