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| | Press Release 8-20-97 (Site not responding. Last check: 2007-10-14) |
 | | Phoenix, Arizona, August 20, 1997 -- Apollo Group, Inc. (Nasdaq:APOL) today announced that its wholly owned subsidiary, the University of Phoenix (University of Phoenix), received approval to operate in Oregon and Washington. |
 | | We believe, based on our experience with recent openings in Florida, Louisiana and Michigan, that there is a large demand in the U.S. for high quality, affordable higher education that addresses the needs of the working adult student. |
 | | Apollo Group, Inc., through its subsidiaries the University of Phoenix, the Institute for Professional Development and Western International University, is one of the largest providers of higher education programs for working adults in the United States, with total enrollments of over 53,000 students. |
| www.apollogrp.edu /Releases/press/FY1997/082097.htm (380 words) |
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