Business Services Industry

Laureate's Swiss Hospitality Management Schools Receive CIHE Accreditation from The New England Association of Schools and Colleges

Business Wire, June 7, 2006

BALTIMORE -- Laureate Education, Inc. (NASDAQ:LAUR), the world's leading international provider of higher education, announced that its Glion Institute of Higher Education and Les Roches Swiss Hotel Association School of Hotel Management have recently received accreditation from The New England Association of Schools and Colleges Commission on Institutions of Higher Education (NEASC-CIHE).

NEASC previously accredited Glion and Les Roches under its Commission on Technical and Career Institutions (CTCI) which accredits vocational and technical institutes. Glion and Les Roches are now accredited through its Commission on Institutions of Higher Education (CIHE), the commission within NEASC that accredits higher education degree-granting institutions including colleges and universities. CIHE accreditation symbolizes an educational institution's commitment to educational excellence and adherence to rigorous standards. Only a small number of foreign higher education institutions have such accreditation from NEASC.

Douglas Becker, Chairman and Chief Executive Officer of Laureate Education stated, "CIHE accreditation represents one of the highest standards for the assessment of universities - we are proud that Glion and Les Roches are among the world's most recognized hospitality management schools. Their relentless pursuit of excellence, high academic standards and their approach of incorporating best practices is key to earning this new accreditation." In addition to accreditation by NEASC, Les Roches is endorsed by Hotellerie Suisse (Swiss Hotel Association), Switzerland's only national association for the hospitality industry.

Glion and Les Roches are members of Laureate International Universities - the world's leading network of international institutions of higher education. "Glion and Les Roches bring world-renowned curriculum and great prestige to our international network. In fact, institutions throughout the Laureate International Universities network enjoy strong brand recognition and strive to share curriculum, programs, and best practices with other Laureate institutions," added Mr. Becker.

Today, Laureate International Universities consists of 24 institutions of higher education in 15 countries, offering academic programs to nearly 226,000 students through 53 campuses and online.

Other major acknowledgements and recent developments within the Laureate International Universities network include:

--  Walden University's Master of Science (M.S.) program in
        Nursing was recently accredited by the Commission on
        Collegiate Nursing Education (CCNE), a national accrediting
        agency recognized by the U.S. Department of Education. CCNE,
        as the only national accrediting agency to focus exclusively
        on baccalaureate and graduate education programs in nursing
        education, ensures the quality and integrity of
        higher-education degree programs preparing effective nursing
        professionals. This accreditation indicates that the Walden
        nursing program has the substance, standards and focus needed
        to enable its graduates to excel in a professional career
        environment and practice effectively.

        Founded in 1970, Walden University is the leading online
        provider of quality higher education. Walden specializes in
        master's and doctoral degree programs in Education,
        Management, Psychology, Health and Human Services, as well as
        master's programs in IT and Engineering and bachelor's
        completion programs in business.

    --  For the third consecutive year, Universidad del Valle de
        Mexico (UVM) was ranked among the 10 best private universities
        in Mexico by AC Nielson. Founded in 1960, UVM is one of the
        largest private universities in Mexico and enrolls thousands
        of students in over 25 undergraduate and graduate degree
        programs.

    --  Mexico's President, Vicente Fox visited Universidad del Valle
        de Mexico's Lomas Verdes campus to discuss the importance of
        higher education to the Mexican economy. President Fox was
        joined by the Mexican Secretary of Education and Secretary of
        Economy, as well as the Presidents and Rectors from over 100
        private universities throughout Mexico. This marks the first
        time that a sitting president of Mexico has visited a UVM
        campus.

    --  At a recent graduation ceremony, Universidad Interamericana
        recently had the honor of conferring an honorary degree to
        Costa Rica's President, Dr. Oscar Arias Sanchez. The newly
        elected president is also a recipient of the Nobel Peace
        Prize. Universidad Interamericana offers undergraduate and
        graduate degree programs to thousands of students at campus
        locations in Costa Rica and Panama.

    --  Ecole Centrale D'Electronique (ECE), one of the leading
        private engineering schools in France, was ranked within the
        Top 10 Graduate Engineering Schools in France by Le Point
        Magazine. Founded in 1919, ECE is a member of the Conference
        des Grandes Ecoles, which is the association that represents
        the most prestigious engineering and business schools in
        France.

    --  Ecole Superieure du Commerce Exterieur (ESCE), a private
        undergraduate school located in Paris, recently received
        permission from the French Ministry of Education to extend its
        four year degree program to five years, the most elite form of
        undergraduate degree in France. Additionally, ESCE was
        recently ranked within the Top 5 International Business
        Schools in France by Le Point and Challenge magazines.
        Established in 1968, ESCE was the first school in France to
        specialize in international trade.

    --  Universidad Europea de Madrid (UEM) recently hosted Mario
        Vargas Llosa, perhaps the most renowned living author in the
        Spanish-speaking world, and conferred to him an honorary
        doctorate at a ceremony attended by dignitaries from Spain and
        Latin America. UEM opened its doors to students in 1995, and
        today ranks as one of the largest private universities in
        Spain.

 

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