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Posted February 10, 2005 

CEDU EDUCATION ANNOUNCES CLOSURE OF
ROCKY MOUNTAIN ACADEMY

MEDIA CONTACT: Julia Andrick
208-265-0607 or 208-255-6920/cell
jandrick@cedu.com

(Feb. 10, 2005) NAPLES, Idaho - CEDU Education announces the closure of Rocky Mountain Academy in Naples, Idaho.

"Over the past three years, the management of CEDU Education has labored tirelessly in the search for effective leadership for Rocky Mountain Academy and in implementing a curriculum that would deliver only the best emotional growth education for the students. In many respects, we were successful. However, we failed to recruit and place at Rocky Mountain Academy a school director with the skills to manage a cohesive group of staff. Our leadership shortfalls created a negative marketplace opinion that made it difficult to build a census for successful school operation," explained CEDU Education President and Chief Operating Officer Bob Naples.

Naples added, "Most recently, we have received resignations from several key staff members. It would be difficult to replace these positions in a timely manner and to allow us the assurances that our students would be safe and continue to receive a solid emotional growth education. That being said, it is with the best interest of the students of Rocky Mountain Academy to close the school and to find alternative placements for them."

Rocky Mountain Academy presently has 19 students enrolled in the program. The company is committed to finding the right program for each of the displaced students and to assist families in relocating their child

"This has been an emotional decision for everyone involved. But at the end of the day, it comes down to the fact that we are in the business of helping children. And by closing RMA, we will better serve these students with alternative placements and can put our resources into our successful schools and programs. We have eight therapeutic programs that are viable, successful, and are staffed with experienced individuals. Each has a unique signature and is doing an outstanding job of serving the needs of the children in their programs," said Naples.

A number of the employees affected by the closure will be offered other positions within the company. Some will leave the company. Those leaving the company will receive severance.

There are plans to create a museum to permanently capture the history of Rocky Mountain Academy, its students, and faculty.

Rocky Mountain Academy will be closing its doors effective as of Monday, Feb. 14th. At that time it is expected that all students will have transferred to other programs. If not, the company will care for them until an appropriate placement is found.

CEDU Education's boarding schools, therapeutic wilderness program, and transitional living program are located in California, Idaho, and Vermont and accommodate the diverse needs of families searching for solutions for a child struggling academically, behaviorally, and/or emotionally. The company has a 37-year history of helping families in crisis. More information is available at www.cedu.com.

Copyright © 2005, Woodbury Reports, Inc. All Rights Reserved.
(This article may not be reproduced without written approval of the publisher.)


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