Whitney Information Network Successfully Completes First Training Workshop in the UK
Whitney Information Network Successfully Completes First Training Workshop in the UK
More Than 500 Attend Six Sessions
For Immediate Release
For More Information:
Earnest Mathis, Inverness Investments 303/794-9450
Ron Simon, CFO 239/542-8999
CAPE CORAL, Fla.—May 2, 2002, 8:00 A.M. EDT—Whitney Information Network, Inc. (OTC/BB:RUSS), a leading provider of continuing education programs designed to teach individuals how to create and protect wealth, today announced it had successfully completed six real estate training seminars in the United Kingdom. Whitney Information Network held two workshops per day in Bristol, England on April 23-25. During the three days, 522 people attended the workshops. Based on the overwhelming success of this initial U.K. venture, the Company has scheduled additional workshops in London and the surrounding areas of Birmingham, Manchester and Leeds, as well as other locations throughout the United Kingdom. “The tremendous success shown by our first venture into the United Kingdom validates our European expansion strategy,” said James Francis, director of Whitney UK, Limited. “We believe Europe presents a tremendous, virtually untapped market for post-secondary career training in areas such as real estate investing and stock trading, and we plan to aggressively implement our strategic growth plans in this market.” Whitney Information Network, Inc. has emerged as a leader in the post-secondary career training sector. Whitney is a fully integrated training and education company that creates, produces and markets a wide variety of training programs. Thousands of students register each week for training in real estate investment, personal finance and small business development. The Company maintains its International Corporate Headquarters in Cape Coral, Florida, with its consulting group based in Salt Lake City, Utah. Its Canadian subsidiary, Whitney Canada, Inc., conducts its operations from the Toronto suburb of Markham, Ontario and its United Kingdom subsidiary, Whitney UK, Limited is located in Chiswick, England. The Company is listed on the Internet at http://www.russwhitney.com and its shares trade under the ticker symbol RUSS on the Electronic Bulletin Board. Information included in this news release contains forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995 ("Reform Act"). Such statements are based on current expectations and involve a number of known and unknown risks and uncertainties that could cause the actual results and performance of the Company to differ materially from any expected future results or performance, expressed or implied, by the forward-looking statements. In connection with the safe harbor provisions of the reform act, the Company has identified important factors that could cause actual results to differ materially from such expectations, including operating uncertainty, uncertainties relating to economic issues and competition. Reference is made to all of the Company's SEC filings, including the Company's Reports on Forms 10KSB, 10QSB and other periodic reports.
For More Information:
Earnest Mathis, Inverness Investments 303/794-9450
Ron Simon, CFO 239/542-8999
CAPE CORAL, Fla.—May 2, 2002, 8:00 A.M. EDT—Whitney Information Network, Inc. (OTC/BB:RUSS), a leading provider of continuing education programs designed to teach individuals how to create and protect wealth, today announced it had successfully completed six real estate training seminars in the United Kingdom. Whitney Information Network held two workshops per day in Bristol, England on April 23-25. During the three days, 522 people attended the workshops. Based on the overwhelming success of this initial U.K. venture, the Company has scheduled additional workshops in London and the surrounding areas of Birmingham, Manchester and Leeds, as well as other locations throughout the United Kingdom. “The tremendous success shown by our first venture into the United Kingdom validates our European expansion strategy,” said James Francis, director of Whitney UK, Limited. “We believe Europe presents a tremendous, virtually untapped market for post-secondary career training in areas such as real estate investing and stock trading, and we plan to aggressively implement our strategic growth plans in this market.” Whitney Information Network, Inc. has emerged as a leader in the post-secondary career training sector. Whitney is a fully integrated training and education company that creates, produces and markets a wide variety of training programs. Thousands of students register each week for training in real estate investment, personal finance and small business development. The Company maintains its International Corporate Headquarters in Cape Coral, Florida, with its consulting group based in Salt Lake City, Utah. Its Canadian subsidiary, Whitney Canada, Inc., conducts its operations from the Toronto suburb of Markham, Ontario and its United Kingdom subsidiary, Whitney UK, Limited is located in Chiswick, England. The Company is listed on the Internet at http://www.russwhitney.com and its shares trade under the ticker symbol RUSS on the Electronic Bulletin Board. Information included in this news release contains forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995 ("Reform Act"). Such statements are based on current expectations and involve a number of known and unknown risks and uncertainties that could cause the actual results and performance of the Company to differ materially from any expected future results or performance, expressed or implied, by the forward-looking statements. In connection with the safe harbor provisions of the reform act, the Company has identified important factors that could cause actual results to differ materially from such expectations, including operating uncertainty, uncertainties relating to economic issues and competition. Reference is made to all of the Company's SEC filings, including the Company's Reports on Forms 10KSB, 10QSB and other periodic reports.