Wednesday, October 31, 2007

More excitement

Some more news... (sorry, but things are happening so fast, I don't have time to do much more than dump press releases here. I will try to get back and be a little less impersonal one of these days...).

Children of America Enters Into An Agreement With Titanium Development Group, Ltd. For The Development Of 300 Childcare Centers In The Midwest

DELRAY BEACH, Fla.—World Wide Child Care Corp. (Pink Sheets: WWCC) announces that its subsidiary Children of America, Inc.(www.childrenofamerica.com), a leading U.S. provider of childcare and after-school programs, has entered into an agreement with Titanium Development Group, Ltd. for the development of 300 child care centers throughout the Midwest.

The announcement was made jointly by Thad Pryor, president and CEO of Children of America, Inc., and David Thornburg, president of Titanium Development Group, Ltd.

"Children of America’s expansion will make high quality childcare available to the families throughout the Midwest," said Pryor. "Based on our research, there is significant demand in this area for our centers and our approach to early childhood education."

Children of America currently operates 15 centers in Virginia and Pennsylvania and will open 32 additional facilities by 2008 in New York, New Jersey, Delaware, Maryland, Michigan, Illinois, Pennsylvania and Virginia. Under this new arrangement Children of America will be able to accelerate its planned opening, with anticipated center openings in Chicago, Indianapolis, Detroit, Milwaukee, Minneapolis and St. Louis.

Titanium Development Group, Ltd., formed in 2006 by David Thornburg and Scott Underwood, specializes in development of retail/office projects, hotels, senior housing and residential subdivisions. In addition to developing Children of America child care centers, Titanium has a new hotel development in Washington, Illinois slated to open in late 2007. A new hotel and retail project is slated for Charleston, Illinois in mid 2008. A new retail/office project is being developed in Washington, Illinois and another one is planned for Princeton, Illinois in 2008. The company also has a residential home building division. Scott Underwood has 15 years experience in commercial and residential construction/development. David Thornburg has 20 years experience in banking and business development.

David Thornburg, president and Scott Underwood, vice president, view this agreement as an extremely positive step forward for the future of Titanium. Titanium brings its network and knowledge of the area in identifying potential sites in the designated markets. Children of America analyzes each site based upon numerous factors and criteria to determine the potential a site has as a child care center. To date, through their combined efforts they have identified over 20 sites which Titanium is in the process purchasing. Pryor and Thornburg stated that they hope to be opening 10 centers in 2008 and over 20 in 2009. Pryor was amazed at the potential of the marketplace and opportunity it presents for Children of America. Pryor stated “I am excited to be able to offer these communities our product”.

Wednesday, October 24, 2007

New Centers Opening

This is a pretty exciting time, we just opened two new centers (see the press release below), and are expanding dramatically. Jim talks about the expansion in his blog, so I am going to send you over there for the news.

Children of America Opens New Childcare Centers in Pennsylvania, Virginia

DELRAY BEACH, Fla.—World Wide Child Care Corp. (Pink Sheets: WWCC) announces that its subsidiary Children of America (www.childrenofamerica.com), a leading U.S. provider of childcare and after-school programs, opened new childcare centers in North Wales, Pennsylvania and Bealeton, Virginia on Monday, October 8th.

The announcement was made jointly by Thad Pryor, president and CEO, and Jim Perretty, executive vice president.

"Children of America’s expansion will make high quality childcare available to more families in Pennsylvania and Virginia," said Pryor. "Based on our research, there is significant demand in this area for our centers and our approach to early childhood education."

The 10,000 sq ft free-standing childcare center in North Wales will serve up to 200 children and is the fifth new center to open in Pennsylvania. The 8,500 sq ft free-standing childcare center in Bealeton will serve up to 200 children and is the 11th new center to open in Virginia.

Children of America currently operates 16 centers in Virginia and Pennsylvania and will open 32 additional facilities by 2008 in New York, New Jersey, Delaware, Maryland, Michigan, Illinois, Pennsylvania and Virginia. The company also plans to open 300 new childcare centers throughout the Midwest.

Curriculum Designed By National Expert

Children of America's learning curriculum is designed by Dr. Vicki Folds, one of the nation's leading child development experts. It includes:

  • "Tray Tasking" – Hands-on learning program promotes early reading and writing
  • Interactive "Old Towne Colony" teaches through fun activities
  • Baby signs for infants and Spanish for preschoolers
  • Phonological Awareness Literacy Screening (PALS)

Rigorous Safety Standards

Each center is designed with stringent safety features to protect every child. These include:

  • Centers require a unique PIN to gain access
  • Remote video monitoring with internet access for parents
  • Outdoor play areas built to the highest safety standards

About Children Of America

Founded in 1999, Children of America is a subsidiary of World Wide Child Care Corp. (WWCC), formerly known as International Child Care Corp. (ICCR).


Contact:

For Children of America, Delray Beach

Michael Sias, 561-391-8717

msias@reevespr.com