Job Corps is an educational and training program offered by the U.S. Department of Labor for at risk youth between ages 16 and 24. The Miami center, operated by ResCare since its founding in 1983, ranks as one of the top ten centers in the country based on the accomplishments of its students and other Job Corps outcome measurements. Miami Job Corps Center has 300 students with a large percentage of Hispanic and Asian young people providing it with a richly diverse student body. Students receive GEDs or high school degrees, vocational training and job placement.
"Miami Job Corps Center has been part of the ResCare family for more than 20 years now," said Ronald G. Geary, ResCare chairman, president and chief executive officer. "The accomplishments of the students and staff have made it one of the most successful centers in the United States. We're extremely proud of the center, its staff and the young people who now lead successful lives because of the guidance they received at this facility."
Founded in 1974, ResCare offers services to some 34,000 people in 33 states, Washington, D.C., Puerto Rico and Canada. ResCare is a human service company that provides residential, therapeutic, job training and educational supports to people with developmental or other disabilities, to youth with special needs and to adults who are experiencing barriers to employment. The Company is based in Louisville, KY. More information about ResCare is available on the Company's web site at http://www.rescare.com.
The Company from time to time makes forward-looking statements in its public disclosures, including statements relating to revenues that might be expected from new or acquired programs and facilities, other statements regarding development and acquisition activities, statements regarding reimbursement under federal and state programs and statements regarding various trends favoring downsizing, deinstitutionalization and privatization of government programs. In the Company's filings under the federal securities laws, including its annual, periodic and current reports, the Company identifies important factors that could cause the Company's results to differ materially from those contained in such forward-looking statements. Reference is hereby made to such disclosures.