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Children of America Reports Successful 2010 with New Openings and Increased Revenues

^{Published on 2010-11-15 08:55:32 - Market Wire}
 

DELRAY BEACH, Fla.--([ BUSINESS WIRE ])--Weathering current economic challenges, [ Children of America Educational Childcare ], a subsidiary of World Wide Child Care Corp. (Pink Sheets: WWCC), continues to expand and open new childcare centers, doubling the number of locations since 2008. In 2010, Children of America opened schools in Illinois, Indiana, North Carolina, Virginia, Maryland, New York, Ohio and New Jersey. Children of America now offers high quality childcare programs designed for children six weeks to 12 years of age at 46 schools in 12 states.

"Parents want their child to be safe, first and foremost, within an exceptional, play-oriented learning environment"

aThe childcare industry does well in a bear market economy,a states Thad Pryor, Children of America CEO and president. aThe industry has rebounded strongly and we are part of that surge. We have been in the industry for more than 12 years and continue to maintain and open centers offering the very best in early childhood education. It speaks volumes that we have never had to close one of our centers for any reason.a

Children of Americaa™s growth over the last few years points to the need for quality childcare. In 2009, Children of America recorded a 56 percent increase in openings and a 28 percent increase in 2010. Revenues increased from $23 million in 2009 to $35 million in 2010, an increase of 52 percent.

One of the hallmarks of all Children of America schools is a safe, creative environment designed to encourage learning and promote development. aParents want their child to be safe, first and foremost, within an exceptional, play-oriented learning environment,a said Children of America Executive Vice President and COO Jim Perretty. aThata™s exactly what we offer at Children of America and that is why we are successful.a

In Children of America schools, attentive principals and teachers guide children through the schoola™s specialized key age group curriculums, which promote:

• sensory and motor ability development for infants;
• eye-hand coordination and socialization skills for toddlers;
• self-help skills, physical coordination, artistic expression and understanding of colors, shapes, language and letters for preschoolers;
• supervised fun and homework assistance before and after school for students; and
• learning adventures throughout the summer at Camp WOW.

Children of America is targeting opening 10 to 15 additional locations for growth in 2011.

About Children of America

Founded in 1999, Florida-based Children of America is a leading provider of high-quality childcare and after-school programs with 46 schools in Delaware, Illinois, Maryland, Indiana, North Carolina, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, Virginia and Wisconsin and more than 1,160 employees. An industry pioneer, Children of Americaa™s curriculums are developed to accommodate key age ranges and include innovative teaching methods such as aTray Tasking,a a learning tool proven to promote early reading and writing skills. Children of America is a subsidiary of World Wide Child Care Corp. (WWCC). For more information about Children of America, visit the website at [ ChildrenOfAmerica.com ].