2008-10-22 14:11:01 -

- The governing board of Colorado Technical University (CTU) has appointed Dr. Wallace Pond, age 44, President and Chief Executive Officer of the CTU University system. The CTU system includes four campuses and two satellite locations, a fully online university which serves over 18,000 students worldwide, and the Institute for Advanced Studies, which offers online, on-ground and blended graduate programs. CTU is a member of the Career Education Corporation (NASDAQ:CECO) network of colleges, universities and schools.

Dr. Pond was appointed Chancellor of CTU Online in 2005 and served as the Chief Operating Officer for the entire University. An educator for 20 years, Dr. Pond has worked in both non-profit and for-profit education at the K-12 and post-secondary levels. He

has been a professor and administrator and has taught both online and on-ground at the post-secondary level, and he has lived, worked, and studied in North America, Latin America, Europe and Asia. Dr. Pond speaks both nationally and internationally, and is the author of numerous articles and the book, The Lights Are On, Is Anybody Home? Education in America.

"Since he joined the University in 2005, Wallace has consistently improved operations and student services," said David J. Kaufman, a long-time member of the governing board of CTU and a partner at Duane Morris LLP. "Wallace's deep expertise in online education, as well as his background in various areas of traditional education, make him uniquely qualified to lead the future growth of the University through innovative programs and technology and outstanding service to students."

"It has been deeply rewarding to participate in the growth and development of the University over the last three years," said Dr. Pond. "My objective is to continue to improve our operations, enhance our programs and service, and work to ensure strong student outcomes in every segment of the University."

About Colorado Technical University and CTU Online

Since 1965, Colorado Technical University (CTU) - an institution of higher learning that provides career-oriented education by teaching applied industry-current programs - has given students a pathway towards personal, academic, and professional advancement. CTU offers degree-track programs at the Associate, Bachelor's, Master's, and Doctoral levels in a wide range of fields of study. For more information on CTU, visit www.coloradotech.edu. Through its web-based virtual campus, CTU Online, the University offers 100% online degree programs. For more information on CTU Online, please visit www.ctuonline.edu. Colorado Technical University is accredited by the Higher Learning Commission and is a member of the North Central Association of Colleges and Schools.

Media for Colorado Technical University
Michael Foley, 847/851-7093