MONTREAL, June 2, 2011 (GLOBE NEWSWIRE) -- The Canadian Tactical Training Academy (CTTA) (Pink Sheets:CTTG) is pleased to announce that discussions have started with potential training partners in the United States.
CTTA has been negotiating with potential partners in Florida for the past several months. The goal is to establish a for-profit educational institution with a curriculum which addresses the staffing needs of the security industry.
Today's decision by the Department of Education is quite clear. They want graduating students to have access to "gainful employment" once their course of study is complete. CTTA and its partners are confident that they can provide a sturdy and effective curriculum to train professionals for the security industry.
The timing of this project would encompass several steps and CTTA will advise its investors of their progress in a timely manner. The goal of the program is to train students in fields as diverse as crisis intervention and counter terrorism.
"We believe the market is ready for this new school and we expect to offer the best programs in our industry," said Angelo Marino, Vice President of CTTA. "Security will continue to be a concern in an ever changing world and we want to proactively train the leaders of tomorrow who will help keep America safe."
The Department of Education ruling was well received by investors in for-profit schools. For example, shares in ITT Educational Services jumped 27% and Corinthian Colleges gained over 40%.
Canadian Tactical Training Academy has ongoing training programs in the United States.
The Canadian Tactical Training Academy (CTTA) is an organization devoted to worldwide training of peace and law enforcement officers, as well as all other professionals involved in the fields of security, investigation, protection and the maintenance of order.
The Academy also provides tailored security and safety oriented civilian training at both the individual and corporate levels.
Risk factors and cautionary statement about forward-looking information
This press release includes forward-looking statements about our plans and future performance, including those under Outlook for 2011. These statements use such words as "may," "will," "expect," "believe," "plan," "anticipate," "contemplate," "target," "continue," "intend," "estimate," "project," and similar expressions identify forward-looking statements. They reflect our expectations and speak only as of the date of this press release. We do not undertake to update them. Our expectations (or the underlying assumptions) may change or not be realized, and you should not rely unduly on forward-looking statements.