Franchise News Release: Santa Ana, CA - (Jul-2-2001)


New Horizons Named to List of 100 Fastest-Growing Companies


New Horizons Worldwide Inc., which both owns and Franchises New Horizons Computer Learning Centers, has been named to FSB: FORTUNE SMALL BUSINESS magazine's inaugural list of the nation's "100 Fastest-Growing Small Public Companies."

The rankings appear in the magazine's July issue.

According to the article, "These companies are exemplars of imagination, energy, know-how and stamina. All have sped away from the competition -- and have sustained their amazing growth for three straight years."

The FSB 100 list, compiled with the help of Zacks Investment Research, considered only public companies with $200 million or less in revenue for 2000. To be eligible, companies also had to be in business for at least three years as of Dec. 31, 2000, and be traded on one of the major stock exchanges.

The list analyzed three-year performance through the end of 2000, and weighed earnings growth, revenue growth and stock return equally. The rankings were then averaged to find the fastest-growing companies.

New Horizons was ranked 55th on the list, based on the following three-year averages: earnings-per-share growth -- 44.1 percent; revenue growth -- 43 percent; and total return -- 6.5 percent. The company ranked 24th overall in revenue growth.

During the past year, New Horizons has also received the following accolades from leading business publications: BusinessWeek magazine's "100 Hot Growth Companies" (June 11, 2001); FORTUNE magazine's "100 Fastest-Growing Companies" (Sept. 2000); and FORBES magazine's "200 Best Small Companies" (Oct. 2000).

New Horizons Computer Learning Centers, a subsidiary of New Horizons Worldwide, is the world's largest independent IT training company and provides customer-focused computer training choices by delivering approximately 3 million student training days per year. Globally, New Horizons features more than 290 centers in 48 countries, more than 2,000 classrooms, 2,700 instructors and 2,200 account executives (salespeople).

In addition to instructor-led classes, the company offers e-learning options including New Horizons Online LIVE (synchronous) and Online ANYTIME (asynchronous), as well as certification exam preparation tools, computer labs and 24-hour, seven-day-a-week help-desk support through both company-owned and franchise-operated computer learning centers.




 

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