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8-K - AMERICAN PUBLIC EDUCATION, INC. 8-K - AMERICAN PUBLIC EDUCATION INC | a50699002.htm |
EX-99.1 - EXHIBIT 99.1 - AMERICAN PUBLIC EDUCATION INC | a50699002ex99_1.htm |
Exhibit 99.2
Conference Call August 28,
2013
Safe Harbor Statement
LEARN. ADVANCE. LEAD. 2 Statements made in this presentation regarding
American Public Education, Inc. or its subsidiaries, that are not
historical facts are forward-looking statements based on current
expectations, assumptions, estimates and projections about American
Public Education and the industry. These forward-looking statements are
subject to risks and uncertainties that could cause actual future events
or results to differ materially from such statements. Forward-looking
statements are sometimes identified by words such as “ anticipate,
”“believe,” “could,“ “estimate,” “expect,” “intend,” “may,” “should,”
“will” and “would.”These forward-looking statements include, without
limitation, statements in this presentation, as well as other statements
regarding expected growth. Actual results could differ materially from
those expressed or implied by these forward-looking statements as a
result of various factors, including the various risks described in the
“Risk Factors” section and elsewhere in the Company ’ s Annual Report on
Form 10-K for the year ended December 31, 2012 as filed with the SEC,
quarterly report on Form 10-Q for the three months ended June 30, 2013
as filed with the SEC, and in the Company’s other filings with the SEC.
The Company undertakes no obligation to update publicly any
forward-looking statements for any reason, even if new information
becomes available or other events occur in the future.
3 • APEI has entered into a
definitive agreement to purchase 100% ownership interest in National
Education Seminars Inc., operating as Hondros College, Nursing Programs
• Purchase price is approximately $46 million in cash, subject to
closing adjustments • The transaction closing is subject to various
conditions, including accreditor and regulatory approvals • Transaction
is expected to close in the Fourth Quarter 2013 • APEI is currently
expected to have more than $80 million in cash and cashequivalents after
the transaction closes
4 Serving approximately
1,500 students Four
Campuses in Ohio:
• Cincinnati/West Chester • Columbus/Westerville • Dayton/Fairborn •
Cleveland/Independence Nursing Programs: • PN Program (on campus) • RN
Program (on campus) • Online RN-BSN Completion Accreditations and
Approvals: • Accrediting Council for Independent Colleges and Schools
(ACICS) - www.acics.org. • Commission on Collegiate Nursing Education
(CCNE). • Registered with the State Board of Career Colleges and Schools
of Ohio (SBCCS). • Authorized by the Ohio Board of Regents (OBR) for the
RN-to-BSN program.• Approved by the Ohio Board of Nursing (OBN) for the
Associate Degree in Nursing and Practical Nursing Diploma programs.
5 • Successful completion
of classroom and clinical programs results in the ability to take the
exams required to practice as a LPN or RN. • Relationships with Ohio
hospitals and healthcare facilities. • Memberships and affiliations: •
The Center for Health Affairs • National Library of Medicine • National
League of Nursing • Northeast Ohio Nursing Initiative • Ohio League of
Nursing • Honored as a Top Workplace 2013 by the Dayton Daily News and
Columbus CEO Magazine. • In 2006, the college was approved by the Ohio
Board of Nursing to offer a new Associate Degree in Nursing and a
Practical Nursing Diploma. • Today, the Hondros College, Nursing
Programs operates separately from theother Hondros entities to meet the
educational needs of the rapidly growing nursing profession.
6 • Broadens APEI’s
emphasis on Health Science and Technology programs, as well as Science,
Technology, Engineering and Mathematics (STEM) programs. • Allows APEI
to evaluate a blended educational platform (on campus and online) in a
more focused setting. • Leverage APEI’s unique strengths in academics
and education technology to fulfill mission. • Advances APEI’s goal to
diversify and address educational needs of growing degree fields.
International Outreach Corporate, Agencies & Professional Associations
Education Hosting Universities & Community Colleges Educational Vendors
(eg: New Horizons) Support Services Non-Degree Credentialing New
Markets & Segments
Conference Call August 28, 2013