Lincoln Educational Services Corporation Announces Addition to Board of Directors

* Reuters is not responsible for the content in this press release.

Tue Aug 5, 2008 1:02pm EDT

Lincoln Educational Services Corporation Announces Addition to Board of
Directors

WEST ORANGE, N.J., Aug. 5 /PRNewswire-FirstCall/ -- Lincoln Educational
Services Corporation (Nasdaq: LINC) ("Lincoln") today announced that on August
1, 2008, Charles F. Kalmbach was appointed to its Board of Directors,
effective immediately. The addition of Mr. Kalmbach increases the size of
Lincoln's Board to nine members.  Mr. Kalmbach will serve on Lincoln's Audit
and Compensation Committees.
    "Charles brings us a valuable combination of financial, operational and
educational knowledge to our already strong Board of Directors," stated David
Carney, Chairman and CEO of Lincoln Educational Services.  "We look forward to
leveraging his extensive background as we continue to execute upon our growth
plan."
    Mr. Kalmbach brings over 30 years of experience in a variety of industries
including financial, professional and business services, healthcare and
non-profit organizations.  Since retiring as a Global Managing Partner of
Accenture, Ltd., he has served as the CEO of DBM, Inc., the global human
capital management firm, and as Princeton University's Chief Administrative
Officer.  He currently serves as the Vice Chairman of the Board of the
University Medical System at Princeton and Chair of the Audit Committee of the
Board of Resources for the Future in Washington, D.C.; and previously as a
member of the Board of Midwest Airlines.  Mr. Kalmbach earned his B.S., MA and
PhD degrees from Princeton University and a J.D. in corporate and
international law from the University of Pennsylvania.
    About Lincoln Educational Services Corporation
    Lincoln Educational Services Corporation is a leading and diversified
for-profit provider of career-oriented post-secondary education. Lincoln
offers recent high school graduates and working adults degree and diploma
programs in five areas of study: automotive technology, health sciences,
skilled trades, business and information technology and hospitality services.
Lincoln has provided the workforce with skilled technicians since its
inception in 1946. Lincoln currently operates 35 campuses in 17 states under
five brands: Lincoln Technical Institute, Lincoln College of Technology,
Nashville Auto-Diesel College, Southwestern College and Euphoria Institute of
Beauty Arts and Sciences. Lincoln had a combined average student population of
approximately 18,459 for the quarter ended March 31, 2008.
    Statements in this press release regarding Lincoln's business which are
not historical facts may be "forward-looking statements" that involve risks
and uncertainties. For a discussion of such risks and uncertainties, which
could cause actual results to differ from those contained in the
forward-looking statements, see "Risk Factors" in Lincoln's Form 10-K for the
year ended December 31, 2007. All forward-looking statements are qualified in
their entirety by this cautionary statement, and Lincoln undertakes no
obligation to revise or update this news release to reflect events or
circumstances after the date hereof.
SOURCE  Lincoln Educational Services Corporation

Brad Edwards of Brainerd Communicators for Lincoln Educational Services
Corporation, +1-212-986-6667
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.