Kimberly J. Riordan Appointed to President of Universal Technical Institute Inc. — Career School Division

Business Wire, March 22, 2000

Business Editors

PHOENIX--(BUSINESS WIRE)--March 22, 2000

Universal Technical Institute Inc. (UTI), the educational partner of choice for many prominent automotive manufacturers, Wednesday announced Kimberly J. Riordan has been named to the position of president of the Career School Division.

As president, Riordan will lead the career school's dynamic growth in the technical training industry. Due to the nationwide shortage of technicians, Riordan will focus on enhancing strategic relationships within the automotive industry to develop opportunities for UTI graduates.

Riordan began her career with UTI in 1984. Since then, she has held several leadership positions within the organization. Most recently, Riordan was vice president of sales and marketing for UTI Inc., which grossed over $100 million in revenue in 1999.

"Kimberly has blazed a trail through the career school industry," said Robert Hartman, chief executive officer, UTI Inc. "Her strategic perspective and vision of how we should position ourselves in the career school arena is one of the reasons we are the market leader. UTI's reputation within the industry will flourish under Kimberly's direction."

Founded in 1965 in Phoenix, UTI is recognized as one of the top technical education institutions in the United States. UTI offers accelerated career-specific training in automotive, diesel, heating/ventilation/air conditioning/refrigeration, marine, motorcycle and personal watercraft.

The company employs over 800 people and has graduated more than 40,000 students. UTI has campuses in Phoenix; Rancho Cucamonga, Calif.; Orlando, Fla.; Glendale Heights, Ill. and Houston.

UTI partners with numerous manufacturers in the automotive industry to provide product specific training. These programs include partnerships with NASCAR, BMW of North America, Ford Motor Co., Jaguar Cars, Mercedes-Benz USA, Porsche Cars North America Inc. and Volkswagen of North America.

Additional information about UTI can be found at http:\\www.uticorp.com