Creative Learning Corporation Announces Acquisition Of Challenge Island®
ST. AUGUSTINE, Fla.--(BUSINESS WIRE)-- Creative Learning Corporation (OTCBB:CLCN), owner and developer of Bricks 4 Kidz®, www.bricks4kidz.com, the highly-popular children's education and enrichment program, is pleased to announce that the Company has acquired Challenge Island®, an Atlanta-based franchise concept. Challenge Island®, developed by parenting author, speaker and award-winning educator, Sharon Duke Estroff, provides unique challenge-based programs designed to foster critical and creative thinking skills, problem solving methodology, and core STEM (Science, Technology, Engineering, Mathematics) principles in children ages 3-13+.
Ms. Estroff has been running Challenge Island® classes and camps for nine years in the Atlanta area. She stated, "As the founder and creator of Challenge Island, I am thrilled to be joining forces with Creative Learning Corporation. Their stellar track record with Bricks 4 Kidz®, keen sense of the marketplace, and visionary approach toward educational programming make them the ideal organization to bring my successful Atlanta-based business to the worldwide market and the magic of Challenge Island® to children everywhere. With Bricks 4 Kidz® network of 150+ franchisees, operating in the same space as Challenge Island®, I believe we have a perfect match."
SAFE HARBOR STATEMENT:This press release may contain "forward-looking statements" that are made pursuant to the "safe harbor" provisions as defined within the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," and similar expressions. These statements are based upon management's current expectations as of the date of this press release. Such forward-looking statements may include statements regarding the Company's future financial performance or results of operations, including expected revenue growth, cash flow growth, future expenses and other future or expected performances. The Company cautions readers there may be events in the future that the Company is not able to accurately predict or control and the information contained in the forward-looking statements is inherently uncertain and subject to a number of risks that could cause actual results to differ materially from those indicated in the forward-looking statements. Further information on these and other potential factors that could affect the Company's financial results is included in the Company's filings with the SEC under the "Risk Factors" sections and elsewhere in those filings.
Creative Learning Corporation
Brian Pappas, 904-824-3133
KEYWORDS: United States North America Florida Georgia
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