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CAREER EDUCATION CORPORATION.
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BOSTIC R STEVEN
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Steve Bostic issued the following press release on May 17, 2006:
May 17, 2006 03:06 PM US Eastern Timezone
Steve Bostic Comments on Career Education Student Drop-out Rates
SEA ISLAND, Ga.--(BUSINESS WIRE)--May 17, 2006--Steve Bostic, the beneficial
owner of approximately 1% of the outstanding stock of Career Education
Corporation (CEC or NASDAQ: CECO), today made the following comment regarding
Career Education Corporation's student drop out rates:
On May 10, 2006, I sent a letter to my fellow stockholders of Career Education
Corporation (CEC) in which I noted that I had received a copy of an internal CEC
report on student drop-out rates stating that 96,338 students had dropped out of
CEC programs in the first quarter of the reporting period. This undated report,
entitled "Q1 Drop Summary Report", was Exhibit T to a class action complaint
brought by stockholders against CEC and its management in the U.S. District
Court for the Northern District of Illinois. The report indicated that there
were 96,388 student drop-outs over all divisions of CEC's Colleges, Schools and
Universities group (CSU) and included three pages of detailed backup materials
in support of that number. Having asked repeatedly for confirmation of CEC's
historic and current student drop-out rates and not having received a
satisfactory response, I interpreted the report to be a first quarter summary of
CEC's student drop-outs. A copy of the entire Exhibit T to the class action
complaint is attached to this press release.
On May 16, 2006, I received a letter from the Board of Directors of CEC advising
me that the report in question was produced for the first quarter of 2004. The
letter also advised me that while the report was indeed produced by CEC, the
company subsequently decided that it contained erroneous information and revised
the report, and that the revised number of CSU student drop-outs for Q1 2004 was
10,485.
I have no basis to confirm whether the original student drop-out report filed
with the U.S. District Court or CEC's revised version was accurate or the
reasons for CEC's decision to revise the original report. CEC has not released
the revised report or any other report relating to student drop-out rates in
spite of our repeated requests since the 2005 Annual Meeting. Will CEC's Board
provide an explanation for the original 96,388 number and for the detailed
materials supporting it, and disclose the period to which it applied? As I have
done repeatedly in the past, I strongly encourage CEC to promptly produce clear,
accurate and up-to-date information about student drop-out rates in the detailed
format of the "Q1 Drop Summary Report", not only for Q1 2004 but for all
quarters of 2003, 2004 and 2005, and not only for CSU but for all of CEC,
including the Online Education Group. In addition, on behalf of all
stockholders, I reiterate my appeal to the Board to become transparent and to
produce clear and accurate data for student graduation rates and student
placements in their field of study. This information is vital in evaluating the
quality and value of CEC's operations and projecting future earnings.
(The following is Exhibit T as referenced in the press release issued
by Steve Bostic on 5/17/06)
##
Q1 Drop Reasons Summary Report
CSU Summary
-----------------------------------------------------
Total Count of Drop Reason
-----------------------------------------------------
Did not Other/Not
Division Academic Return Dissatisfied Financial Identified
-------- -------- ------------ --------- -----------
Academy 197 108 92 231 9,503
-------- -------- ------------ --------- -----------
College East 73 39 97 180 9,037
-------- -------- ------------ --------- -----------
College West 71 51 27 49 6,806
-------- -------- ------------ --------- -----------
Culinary East 31 16 8 33 5,838
-------- -------- ------------ --------- -----------
Culinary West 25 23 2 22 10,219
-------- -------- ------------ --------- -----------
CTU 2 23 2 1 2,980
-------- -------- ------------ --------- -----------
Gibbs 222 197 157 249 15,488
-------- -------- ------------ --------- -----------
Health East 55 18 9 27 9,754
-------- -------- ------------ --------- -----------
Health West 72 47 34 48 7,285
-------- -------- ------------ --------- -----------
University 60 147 52 445 10,837
-------- -------- ------------ --------- -----------
CSU Total 808 669 480 1,285 87,747
Paul Ryan's Group
Total 253 147 102 286 25,560
Jake Gruver's
Group Total 206 260 178 675 29,660
Jon Coover's
Group Total 349 262 200 324 32,527
--------------------------------------------
School Work Grand
Division Personal Dismissal Conflicts Total
---------- ---------- ---------- -----------
Academy 354 452 43 10,980
---------- ---------- ---------- -----------
College East 339 52 54 9,871
---------- ---------- ---------- -----------
College West 66 284 3 7,357
---------- ---------- ---------- -----------
Culinary East 68 44 3 6,041
---------- ---------- ---------- -----------
Culinary West 28 53 0 10,372
---------- ---------- ---------- -----------
CTU 24 0 7 3,039
---------- ---------- ---------- -----------
Gibbs 440 1,802 77 18,632
---------- ---------- ---------- -----------
Health East 141 59 12 10,075
---------- ---------- ---------- -----------
Health West 344 294 33 8,157
---------- ---------- ---------- -----------
University 241 53 29 11,864
---------- ---------- ---------- -----------
CSU Total 2,045 3,093 261 96,388
Paul Ryan's Group Total 450 549 46 27,393
Jake Gruver's Group Total 670 389 93 32,131
Jon Coover's Group Total 925 2,155 122 36,864
-----------------------------------------------------
Did not Other/Not
Division Academic Return Dissatisfied Financial Identified
-------- -------- ------------- --------- -----------
Academy 1.8% 1.0% 0.8% 2.1% 86.5%
-------- -------- ------------- --------- -----------
College East 0.7% 0.4% 1.0% 1.8% 91.6%
-------- -------- ------------- --------- -----------
College West 1.0% 0.7% 0.4% 0.7% 92.5%
-------- -------- ------------- --------- -----------
Culinary East 0.5% 0.3% 0.1% 0.5% 96.6%
-------- -------- ------------- --------- -----------
Culinary West 0.2% 0.2% 0.0% 0.2% 98.5%
-------- -------- ------------- --------- -----------
CTU 0.1% 0.8% 0.1% 0.0% 98.1%
-------- -------- ------------- --------- -----------
Gibbs 1.2% 1.1% 0.8% 1.3% 83.1%
-------- -------- ------------- --------- -----------
Health East 0.5% 0.2% 0.1% 0.3% 96.8%
-------- -------- ------------- --------- -----------
Health West 0.9% 0.6% 0.4% 0.6% 89.3%
-------- -------- ------------- --------- -----------
University 0.5% 1.2% 0.4% 3.8% 91.3%
-------- -------- ------------- --------- -----------
CSU Total 0.8% 0.7% 0.5% 1.3% 91.0%
-------- -------- ------------- --------- -----------
Paul Ryan's
Group Total 0.9% 0.5% 0.4% 1.0% 93.3%
Jake Gruver's
Group Total 0.6% 0.8% 0.6% 2.1% 92.3%
Jon Coover's
Group Total 0.9% 0.7% 0.5% 0.9% 88.2%
--------------------------------------------
School Work Grand
Division Personal Dismissal Conflicts Total
---------- ---------- ----------- ----------
Academy 3.2% 4.1% 0.4% 100.0%
---------- ---------- ----------- ----------
College East 3.4% 0.5% 0.5% 100.0%
---------- ---------- ----------- ----------
College West 0.9% 3.9% 0.0% 100.0%
---------- ---------- ----------- ----------
Culinary East 1.1% 0.7% 0.0% 100.0%
---------- ---------- ----------- ----------
Culinary West 0.3% 0.5% 0.0% 100.0%
---------- ---------- ----------- ----------
CTU 0.8% 0.0% 0.2% 100.0%
---------- ---------- ----------- ----------
Gibbs 2.4% 9.7% 0.4% 100.0%
---------- ---------- ----------- ----------
Health East 1.4% 0.6% 0.1% 100.0%
---------- ---------- ----------- ----------
Health West 4.2% 3.6% 0.4% 100.0%
---------- ---------- ----------- ----------
University 2.0% 0.4% 0.2% 100.0%
---------- ---------- ----------- ----------
CSU Total 2.1% 3.2% 0.3% 100.0%
Paul Ryan's Group Total 1.6% 2.0% 0.2% 100.0%
Jake Gruver's Group Total 2.1% 1.2% 0.3% 100.0%
Jon Coover's Group Total 2.5% 5.8% 0.3% 100.0%
Q1 Drop Reasons Summary Report
Paul Ryan's Group (Academy & Culinary)
--------------------------------------------------
Division Campus Did not Other/Not
Name Academic Return Dissatisfied Financial Identified
-------- ------- ------------ --------- ----------
Academy IADT-
Chicago 85 59 48 61 2,198
-------- ------- ------------ --------- ----------
Academy IADT-
Detroit 3 8 1 1 264
-------- ------- ------------ --------- ----------
Academy IADT-
Fairmont 1 1 3 5 233
-------- ------- ------------ --------- ----------
Academy IADT-
Las Vegas 0 0 0 0 13
-------- ------- ------------ --------- ----------
Academy IADT-
Montreal 8 23 0 6 933
-------- ------- ------------ --------- ----------
Academy IADT-
Orlando 3 8 2 33 714
-------- ------- ------------ --------- ----------
Academy IADT-
Ottawa 11 2 2 164
-------- ------- ------------ --------- ----------
Academy IADT-
Pittsburgh 1 1 3 5 497
-------- ------- ------------ --------- ----------
Academy IADT-
Tampa 30 7 26 51 1,606
-------- ------- ------------ --------- ----------
Academy Toronto
Combined 55 1 7 67 2,881
-------- ------- ------------ --------- ----------
Academy
Total 197 108 92 231 9,503
% of Total
Drop Reasons 1.8% 1.0% 0.8% 2.1% 86.5%
--------------------------------------------------
Culinary Atlantic
East Culinary
Academy 0 0 1 1 349
-------- ------- ------------ --------- ----------
Culinary Cooking &
East Hospitality
Institutes 3 4 0 1 676
-------- ------- ------------ --------- ----------
Culinary Le Cordon
East Bleu at
Brown
College 6 2 3 10 760
-------- ------- ------------ --------- ----------
Culinary Le Cordon
East Bleu of
Atlanta 1 0 0 3 295
-------- ------- ------------ --------- ----------
Culinary Orlando
East Culinary
Academy 2 7 0 0 918
-------- ------- ------------ --------- ----------
Culinary Pennsylvania
East Culinary 19 3 4 18 2,840
-------- ------- ------------ --------- ----------
Culinary
East Total 31 16 8 33 5,838
% of Total
Drop Reasons 0.5% 0.3% 0.1% 0.5% 96.6%
--------------------------------------------------
Culinary California
West Culinary
Academy 6 3 0 2 3,701
-------- ------- ------------ --------- ----------
Culinary California
West School of
Culinary
Arts 6 10 2 3 2,318
-------- ------- ------------ --------- ----------
Culinary Le Cordon
West Bleu of Las
Vegas 3 1 0 1 503
-------- ------- ------------ --------- ----------
Culinary Scottsdale
West Culinary
Institute 2 1 0 5 1,286
-------- ------- ------------ --------- ----------
Culinary Texas
West Culinary
Institute 5 1 0 2 898
-------- ------- ------------ --------- ----------
Culinary Western
West Culinary
Institute 3 7 0 9 1,513
-------- ------- ------------ --------- ----------
Culinary
West Total 25 23 2 22 10,219
% of Total
Drop Reasons 0.2% 0.2% 0.0% 0.2% 98.5%
--------------------------------------------------
Paul Ryan's
Group Total 253 147 102 286 25,560
-------- ------- ------------ --------- ----------
% of Total
Drop Reasons 0.9% 0.5% 0.4% 1.0% 93.3%
-------------------------------------------
School Work Grand
Division Campus Name Personal Dismissal Conflicts Total
----------- ----------- ---------- --------
Academy IADT-Chicago 149 327 12 2,939
----------- ----------- ---------- --------
Academy IADT-Detroit 8 0 3 288
----------- ----------- ---------- --------
Academy IADT-Fairmont 9 0 1 253
----------- ----------- ---------- --------
Academy IADT-Las Vegas 0 0 0 13
----------- ----------- ---------- --------
Academy IADT-Montreal 5 13 3 991
----------- ----------- ---------- --------
Academy IADT-Orlando 23 36 0 819
----------- ----------- ---------- --------
Academy IADT-Ottawa 8 2 4 193
----------- ----------- ---------- --------
Academy IADT-Pittsburgh 20 33 0 560
----------- ----------- ---------- --------
Academy IADT-Tampa 96 1 11 1,828
----------- ----------- ---------- --------
Academy Toronto
Combined 36 40 9 3,096
----------- ----------- ---------- --------
Academy Total 354 452 43 10,980
% of Total Drop
Reasons 3.2% 4.1% 0.4% 100.0%
-------------------------------------------
Culinary Atlantic
East Culinary
Academy 3 6 0 360
----------- ----------- ---------- --------
Culinary Cooking &
East Hospitality
Institutes 6 22 0 712
----------- ----------- ---------- --------
Culinary Le Cordon Bleu
East at Brown
College 8 0 3 792
----------- ----------- ---------- --------
Culinary Le Cordon Bleu
East of Atlanta 9 4 0 312
----------- ----------- ---------- --------
Culinary Orlando
East Culinary
Academy 3 2 0 932
----------- ----------- ---------- --------
Culinary Pennsylvania
East Culinary 39 10 0 2,933
----------- ----------- ---------- --------
Culinary East
Total 68 44 3 6041
% of Total Drop
Reasons 1.1% 0.7% 0.0% 100.0%
-------------------------------------------
Culinary California
West Culinary
Academy 4 7 0 3,723
----------- ----------- ---------- --------
Culinary California
West School of
Culinary Arts 8 29 0 2,376
----------- ----------- ---------- --------
Culinary Le Cordon Bleu
West of Las Vegas 3 0 0 511
----------- ----------- ---------- --------
Culinary Scottsdale
West Culinary
Institute 11 11 0 1,316
----------- ----------- ---------- --------
Culinary Texas Culinary
West Institute 0 4 0 910
----------- ----------- ---------- --------
Culinary Western
West Culinary
Institute 2 2 0 1,536
----------- ----------- ---------- --------
Culinary West
Total 28 53 0 10,372
% of Total Drop
Reasons 0.3% 0.5% 0.0% 100.0%
-------------------------------------------
Paul Ryan's
Group Total 450 549 46 27,393
----------- ----------- ---------- --------
% of Total Drop
Reasons 1.6% 2.0% 0.2% 100.0%
----------- ----------- ---------- --------
Q1 Drop Reasons Summary Report
Jake Gruver's Group (College, CTU & University)
--------------------------------------------------
Campus Did not Other/Not
Division Name Academic Return Dissatisfied Financial Identified
-------- ------- ------------ --------- ----------
University AIU-
Buckhead 5 27 22 177 1,815
-------- ------- ------------ --------- ----------
University AIU-
Dunwoody 10 1 3 7 2,075
-------- ------- ------------ --------- ----------
University AIU-
Fort
Lauderdale 25 80 9 209 2,520
-------- ------- ------------ --------- ----------
University AIU-
Houston 7 0 0 3 198
-------- ------- ------------ --------- ----------
University AIU-
London 3 22 0 2 1,123
-------- ------- ------------ --------- ----------
University AIU-
London D 1 5 0 1 355
-------- ------- ------------ --------- ----------
University AIU-
Los Angeles 9 12 18 46 1,633
-------- ------- ------------ --------- ----------
University AIU-
Study
Abroad 0 0 0 0 1,117
-------- ------- ------------ --------- ----------
University
Total 60 147 52 445 10,836
% of Total
Drop
Reasons 0.5% 1.2% 0.4% 3.8% 91.3%
--------------------------------------------------
College Allentown
East Business
School 11 0 9 39 1,609
-------- ------- ------------ --------- ----------
College Briarcliffe
East College -
Bethpage 22 3 19 31 1,938
-------- ------- ------------ --------- ----------
College Briarcliffe
East College -
Patchogue 4 0 12 16 1,123
-------- ------- ------------ --------- ----------
College Brown
East College 26 19 35 83 2,106
-------- ------- ------------ --------- ----------
College Harrington
East College 4 12 5 6 1,184
-------- ------- ------------ --------- ----------
College McIntosh
East College 6 5 17 5 1,077
-------- ------- ------------ --------- ----------
College East
Total 73 39 97 180 9,037
% of Total
Drop
Reasons 0.70% 0.40% 1.00% 1.80% 91.60%
--------------------------------------------------
College Brooks
West College 23 6 4 17 1,833
-------- ------- ------------ --------- ----------
College Brooks
West College -
Sunnyvale 3 2 0 3 388
-------- ------- ------------ --------- ----------
College Brooks
West Institute
of
Photography 1 20 2 7 506
-------- ------- ------------ --------- ----------
College Collins
West College 44 23 21 22 4,079
-------- ------- ------------ --------- ----------
College West
Total 71 51 27 49 6,806
% of Total
Drop
Reasons 1.0% 0.7% 0.4% 0.7% 92.5%
--------------------------------------------------
CTU CTU -
Colorado
Springs 0 2 0 0 1,764
-------- ------- ------------ --------- ----------
CTU CTU -
Denver 2 20 2 1 386
-------- ------- ------------ --------- ----------
CTU CTU -
Sioux
Falls 0 1 0 0 830
-------- ------- ------------ --------- ----------
CTU Total 2 23 2 1 2,980
% of Total
Drop Reasons 0.1% 0.8% 0.1% 0.0% 98.1%
--------------------------------------------------
Jake Gruver's
Group Total 206 260 178 675 29,660
-------- ------- ------------ --------- ----------
% of Total
Drop Reasons 0.6% 0.8% 0.6% 2.1% 92.3%
-------- ------- ------------ --------- ----------
---------------------------------------------
Campus School Work Grand
Division Name Personal Dismissal Conflicts Total
----------- --------- ----------- -----------
University AIU-Buckhead 82 21 6 2,156
----------- --------- ----------- -----------
University AIU-Dunwoody 17 1 3 2,117
----------- --------- ----------- -----------
University AIU-Fort
Lauderdale 78 0 8 2,929
----------- --------- ----------- -----------
University AIU-Houston 14 31 2 255
----------- --------- ----------- -----------
University AIU-London 5 0 0 1,155
----------- --------- ----------- -----------
University AIU-London D 5 0 0 367
----------- --------- ----------- -----------
University AIU-Los Angeles 40 0 10 1,768
----------- --------- ----------- -----------
University AIU-Study
Abroad 0 0 0 1,117
----------- --------- ----------- -----------
University
Total 241 53 29 11,864
% of Total
Drop Reasons 2.0% 40.0% 0.2% 100.0%
---------------------------------------------
College Allentown
East Business
School 92 0 12 1,772
----------- --------- ----------- -----------
College Briarcliffe
East College -
Bethpage 50 0 20 2,083
----------- --------- ----------- -----------
College Briarcliffe
East College -
Patchogue 55 0 1 1,211
----------- --------- ----------- -----------
College Brown College
East 78 4 14 2,365
----------- --------- ----------- -----------
College Harrington
East College 42 0 4 1,257
----------- --------- ----------- -----------
College McIntosh
East College 22 48 3 1,183
----------- --------- ----------- -----------
College East
Total 339 52 54 9,871
% of Total Drop
Reasons 3.40% 0.50% 0.50% 100.0%
---------------------------------------------
College Brooks College
West 23 76 0 1,982
----------- --------- ----------- -----------
College Brooks College
West - Sunnyvale 4 20 0 420
----------- --------- ----------- -----------
College Brooks
West Institute of
Photography 4 0 0 540
----------- --------- ----------- -----------
College Collins College
West 35 188 3 4,415
----------- --------- ----------- -----------
College West
Total 66 284 3 7,357
% of Total Drop
Reasons 0.9% 3.9% 0.0% 100.0%
---------------------------------------------
CTU CTU - Colorado
Springs 4 0 0 1,770
----------- --------- ----------- -----------
CTU CTU - Denver 10 0 5 426
----------- --------- ----------- -----------
CTU CTU - Sioux
Falls 10 0 2 843
----------- --------- ----------- -----------
CTU Total 24 0 7 3,039
% of Total Drop
Reasons 0.8% 0.0% 0.2% 100.00%
---------------------------------------------
Jake Gruver's
Group Total 670 389 93 32,131
----------- --------- ----------- -----------
% of Total Drop
Reasons 2.1% 1.2% 0.3% 100.0%
----------- --------- ----------- -----------
Q1 Drop Reasons Summary Report
Jon Coover's Group (Gibbs & Health)
--------------------------------------------------
Division Campus Did not Other/Not
Name Academic Return Dissatisfied Financial Identified
-------- ------- ------------ --------- ----------
Gibbs Gibbs -
Boston 5 3 3 5 996
-------- ------- ------------ --------- ----------
Gibbs Gibbs -
Melville 6 26 8 12 1,559
-------- ------- ------------ --------- ----------
Gibbs Gibbs -
Montclair 38 25 33 19 2,440
-------- ------- ------------ --------- ----------
Gibbs Gibbs -
New York 112 110 74 132 4,802
-------- ------- ------------ --------- ----------
Gibbs Gibbs -
Norwalk 17 1 1 18 1,388
-------- ------- ------------ --------- ----------
Gibbs Gibbs -
Philadelphia 5 5 11 12 921
-------- ------- ------------ --------- ----------
Gibbs Gibbs -
Piscataway 18 5 4 25 1,387
-------- ------- ------------ --------- ----------
Gibbs Gibbs -
Providence 16 12 20 24 805
-------- ------- ------------ --------- ----------
Gibbs Gibbs -
Vienna 5 10 3 2 1,190
-------- ------- ------------ --------- ----------
Gibbs Total 222 197 157 249 15,488
% of Total
Drop Reasons 1.2% 1.1% 0.8% 1.3% 83.1%
--------------------------------------------------
Health SBI -
East Atlanta 3 2 1 2 818
-------- ------- ------------ --------- ----------
Health SBI -
East Cleveland 0 1 0 0 602
-------- ------- ------------ --------- ----------
Health SBI -
East Dallas 0 0 0 0 743
-------- ------- ------------ --------- ----------
Health SBI -
East Ft. Lauderdale 30 1 1 16 1,123
-------- ------- ------------ --------- ----------
Health SBI -
East Houston 4 3 0 0 832
-------- ------- ------------ --------- ----------
Health SBI -
East Jacksonville 5 0 3 0 398
-------- ------- ------------ --------- ----------
Health SBI -
East Landover 0 0 1 1 523
-------- ------- ------------ --------- ----------
Health SBI -
East Philadelphia 2 0 2 0 629
-------- ------- ------------ --------- ----------
Health SBI -
East Springfield 3 1 0 0 377
-------- ------- ------------ --------- ----------
Health SBI -
East Tampa 3 1 0 3 757
-------- ------- ------------ --------- ----------
Health SBI -
East West Northloop 0 0 0 0 134
-------- ------- ------------ --------- ----------
Health SBI -
East Pittsburgh 0 0 0 0 1
-------- ------- ------------ --------- ----------
Health UDS -
East Elmsford 0 2 0 0 503
-------- ------- ------------ --------- ----------
Health UDS -
East Garden City 1 4 0 0 559
-------- ------- ------------ --------- ----------
Health UDS -
East Iselin 1 3 0 2 762
-------- ------- ------------ --------- ----------
Health UDS -
East New York 3 0 1 3 993
-------- ------- ------------ --------- ----------
Health East Total 55 18 9 27 9,754
% of Total
Drop Reasons 0.5% 0.2% 0.1% 0.3% 96.8%
--------------------------------------------------
Health Missouri
West College 32 43 3 15 747
-------- ------- ------------ --------- ----------
Health SBC -
West Fenton 1 0 1 2 834
-------- ------- ------------ --------- ----------
Health SBC -
West Granite City 3 2 6 6 440
-------- ------- ------------ --------- ----------
Health SBC -
West Hazelwood 6 1 4 7 712
-------- ------- ------------ --------- ----------
Health SBC - North
West Kansas City 9 0 4 8 731
-------- ------- ------------ --------- ----------
Health SBC -
West St. Charles 21 1 16 10 612
-------- ------- ------------ --------- ----------
Health Western -
West Monroeville 0 0 0 0 864
-------- ------- ------------ --------- ----------
Health Western -
West Pittsburgh 0 0 0 0 2,345
-------- ------- ------------ --------- ----------
Health West Total 72 47 34 48 7,285
% of Total
Drop Reasons 0.9% 0.6% 0.4% 0.6% 89.3%
--------------------------------------------------
Jon Coover's
Group Total 349 262 200 324 32,527
-------- ------- ------------ --------- ----------
% of Total
Drop Reasons 0.90% 0.7% 0.5% 0.9% 88.2%
-------- ------- ------------ --------- ----------
--------------------------------------
Division Campus School Work Grand
Name Personal Dismissal Conflicts Total
-------- --------- --------- ------
Gibbs Gibbs - Boston 8 49 0 1,069
-------- --------- --------- ------
Gibbs Gibbs - Melville 44 212 5 1,872
-------- --------- --------- ------
Gibbs Gibbs - Montclair 56 135 15 2,761
-------- --------- --------- ------
Gibbs Gibbs - New York 185 1,365 31 6,811
-------- --------- --------- ------
Gibbs Gibbs - Norwalk 9 12 0 1,446
-------- --------- --------- ------
Gibbs Gibbs - Philadelphia 37 2 11 1,004
-------- --------- --------- ------
Gibbs Gibbs - Piscataway 25 6 7 1,477
-------- --------- --------- ------
Gibbs Gibbs - Providence 63 9 7 956
-------- --------- --------- ------
Gibbs Gibbs - Vienna 13 12 1 1,236
-------- --------- --------- ------
Gibbs Total 440 1,802 77 18,632
% of Total Drop Reasons 2.4% 9.7% 0.4% 100.0%
--------------------------------------
Health SBI -
East Atlanta 10 0 2 838
-------- --------- --------- ------
Health SBI -
East Cleveland 3 1 1 608
-------- --------- --------- ------
Health SBI -
East Dallas 3 7 753
-------- --------- --------- ------
Health SBI -
East Ft. Lauderdale 30 0 2 1,203
-------- --------- --------- ------
Health SBI -
East Houston 4 7 0 850
-------- --------- --------- ------
Health SBI -
East Jacksonville 6 9 0 421
-------- --------- --------- ------
Health SBI -
East Landover 2 0 2 529
-------- --------- --------- ------
Health SBI -
East Philadelphia 26 0 0 659
-------- --------- --------- ------
Health SBI -
East Springfield 17 0 1 399
-------- --------- --------- ------
Health SBI -
East Tampa 6 1 0 771
-------- --------- --------- ------
Health SBI -
East Northloop West 0 0 0 134
-------- --------- --------- ------
Health SBI -
East Pittsburgh 0 0 0 1
-------- --------- --------- ------
Health UDS -
East Elmsford 0 6 0 511
-------- --------- --------- ------
Health UDS -
East Garden City 0 10 0 574
-------- --------- --------- ------
Health UDS -
East Iselin 6 17 0 791
-------- --------- --------- ------
Health UDS -
East New York 28 1 4 1,033
-------- --------- --------- -------
Health East Total 141 59 12 10,075
% of Total Drop Reasons 1.4% 0.5% 0.1% 100.0%
--------------------------------------
Health Missouri
West College 81 154 9 1,084
-------- --------- --------- -------
Health SBC -
West Fenton 13 12 2 865
-------- --------- --------- -------
Health SBC -
West Granite City 35 0 5 497
-------- --------- --------- -------
Health SBC -
West Hazelwood 49 47 7 833
-------- --------- --------- -------
Health SBC -
West North Kansas City 44 5 4 805
-------- --------- --------- -------
Health SBC -
West St. Charles 110 76 6 852
-------- --------- --------- -------
Health Western -
West Monroeville 2 0 0 866
-------- --------- --------- -------
Health Western -
West Pittsburgh 10 0 0 2,355
-------- --------- --------- -------
Health West Total 344 294 33 8,157
% of Total Drop Reasons 4.2% 3.6% 0.4% 100.0%
--------------------------------------
Jon Coover's Group Total 925 2,155 133 36,864
-------- --------- --------- -------
% of Total Drop Reasons 2.5% 5.8% 0.3% 100.0%
-------- --------- --------- -------
Contacts
Weber Shandwick
Peter Duda, 212-445-8213
pduda@webershandwick.com
J.J. Rissi, 917-587-7090
jjrissi@webershandwick.com