Education Management Corporation to Webcast Third Quarter Conference Call

Pittsburgh, Pennsylvania, UNITED STATES

PITTSBURGH, April 29, 2002 (PRIMEZONE) -- Education Management Corporation (Nasdaq:EDMC) plans to release its third quarter fiscal 2002 earnings on Wednesday, May 1, 2002, prior to the opening of U.S. financial markets. The Company will host a conference call on May 1, 2002, at 10:30 a.m. EDT to discuss its third quarter results.

A live Webcast of the conference call will be broadcast on Education Management's Web site, To access the Webcast, click on the live Webcast link located on the homepage. The Webcast of the conference call also will be available for replay approximately one hour after the call.

Education Management Corporation ( is among the largest providers of private post-secondary education in North America, based on student enrollment and revenue, with 40 primary campus locations in 26 major cities, and with approximately 39,000 students as of fall 2001. EDMC's Art Institutes ( offer master's, bachelor's, associate's and non-degree programs in the areas of design, media arts, fashion and culinary arts. EDMC's Argosy Education Group provides doctoral, master's, bachelor's and associate's degree programs in the behavioral sciences, education, business and health sciences fields through Argosy University (, and offers legal studies, graduate business and technology programs, test preparation courses and programs for employed educators. EDMC has provided career-oriented education for 40 years, and its education institutions have more than 135,000 alumni.

This press release may include information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements may involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed within the forward-looking statements. Factors that could cause or contribute to such differences include those matters disclosed in the Company's Securities and Exchange Commission filings.