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05 / 2019 article

Bridgepoint Education Anticipates Bringing 500 New Jobs to Denver

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Bridgepoint Education, Inc. (NYSE: BPI), a provider of postsecondary education services focused on providing higher access to higher education, has announced plans to open a new location in Denver, Colo. When it opens, the Bridgepoint Education office expects to bring more than 500 new jobs to the Denver area.

Bridgepoint Education plans to occupy office space located in downtown Denver. The office space is expected to be used to support student services for Bridgepoint Education's universities, Ashford University and University of the Rockies.

"We're looking forward to becoming an active part of the Denver community," said Bridgepoint Education chief administrative officer Rocky Sheng. "Not only do we believe that Bridgepoint Education will make a significant financial impact on Denver in terms of added jobs and tax revenue, but we also intend to be responsible corporate citizens and have a positive influence on Denver, just as we have in the communities of our other locations."

The Denver location would add to Bridgepoint Education's current facilities now operating in four states. The company also has locations in San Diego, Calif., Colorado Springs, Colo., Clinton, Iowa, and Bala Cynwyd, Pa.

"Bridgepoint Education will bring needed jobs to Denver and surely boost our state's highly-educated workforce," said Colorado Governor John Hickenlooper. "We welcome the contribution Bridgepoint Education will make to Colorado's economic revival."

About Bridgepoint Education

Bridgepoint Education's postsecondary education services focus on offering associate's, bachelor's, master's and doctoral programs in such disciplines as business, education, psychology, social sciences and health sciences. Bridgepoint Education's regionally accredited academic institutions – Ashford University and University of the Rockies – deliver their programs online as well as at traditional campuses located in Clinton, Iowa, and Colorado Springs, Colorado. For more information about Bridgepoint Education, visit www.bridgepointeducation.com or call Shari Rodriguez, associate vice president of Public Relations, at 858.668.2580.

Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the planned operations of Bridgepoint Education, Inc. (the "Company") in Denver, Colo. Forward-looking statements are based on information available at the time those statements are made and management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual events to differ materially from those expressed in or suggested by the forward-looking statements.

Forward-looking statements speak only as of the date the statements are made. You should not put undue reliance on any forward-looking statements. The Company assumes no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect to those or other forward-looking statements.