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March 5, 2004
Contact: Robin Throne
HOFFMAN ESTATES, Ill., March 5, 2004 – Millions of future students will owe a debt of gratitude to those who today are blazing a new trail in online education, said former United States Vice President Al Gore during the online commencement ceremony of American InterContinental University (AIU) Online, one of the nation’s fastest-growing universities.
“Even those of us who have promoted and believe in this new technology stand in awe of what you have done,” Mr. Gore told the AIU Online graduates and their families and friends during the Web-based event held Saturday, February 28. “You are the ones who have supplied the hard work, the stamina, the dedication, the endurance and the will to succeed that we recognize today.”
In addition to Mr. Gore’s remarks, a highlight of the online graduation ceremony was the reading of the names of recipients of bachelor’s degrees and master’s degrees in the curricular programs of Information Technology, Business Administration, Visual Communication and Education. Also announced were the names of students who had earned Honors designations.
Mr. Gore said that with the information revolution replacing the industrial revolution, education is far more important today than at any other point in human history. “America’s gross domestic product has tripled in value over the last half-century while the gross tonnage of everything we make and sell actually has declined slightly. That’s because materials like steel and wood and rubber and plastic are being replaced by ingenuity, knowledge and the ability to use information in more creative ways.
“The degree you receive today certifies that you have obtained the knowledge and skills to deal with information more effectively than those who lack this credential and who have not gone through the experience that you have just successfully navigated,” Mr. Gore said. “But the value of your online education extends beyond opening up new career opportunities for you. It also will enrich life for you and your families.”
American InterContinental University is a wholly owned subsidiary of Career Education Corporation (Nasdaq:CECO). CEC operates 78 campuses in the U.S., Canada, France, the United Kingdom and the United Arab Emirates and had approximately 83,200 students as of January 31, 2004. AIU Online is the Web-based virtual campus of American InterContinental University, an international university with onsite campuses located in Atlanta, GA; Los Angeles, CA; Ft. Lauderdale, FL; Houston, TX; London, England; and Dubai, United Arab Emirates. American InterContinental University has been educating students for more than 30 years and is regionally accredited by the Southern Association of Colleges and Schools.
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