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Lincoln Educational Services Corporation to Present at Sidoti's Inaugural Microcap Virtual Investor Conference

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Presentation will be Webcast at 10:00am EDT on June 30th

WEST ORANGE, N.J., June 24, 2020 /PRNewswire/ -- Lincoln Educational Services Corporation (Nasdaq: LINC), a leading provider of specialized technical training, including automotive technology, the skilled trades, healthcare, IT, culinary, and cosmetology, today announced that Scott Shaw, President and Chief Executive Officer and Brian Meyers, Executive Vice President and Chief Financial Officer, will be presenting at the Sidoti and Company's Inaugural Microcap Virtual Investor Conference on Tuesday, June 30, 2020 at 10:00am EDT. In addition to the presentation, management will be hosting virtual one-on-one meetings throughout the day. Interested investors should contact Emily Barker at ebarker@sidoti.com to schedule meeting times.

(PRNewsfoto/Lincoln Educational Services) (PRNewsfoto/Lincoln Educational Services Co)
(PRNewsfoto/Lincoln Educational Services) (PRNewsfoto/Lincoln Educational Services Co)

"We currently plan to re-open our six New Jersey campuses on July 1st, joining the 15 other campuses throughout the U.S. that we have already re-opened, enabling our students to resume their on-site instruction," stated Mr. Shaw. "We are continuing to monitor the New York landscape and we hope to re-open the Queens, NY campus shortly. Having made significant adjustments in our operations and course delivery model as a result of the pandemic, we are thrilled to resume on-campus, hands-on instruction for our students."

"We are also excited to share with investors how our team is continuing to build shareholder value by filling the nation's skills gap." Mr. Shaw added, "Due to the recent dramatic rise in the unemployment rate, I believe Lincoln is uniquely positioned to help Americans gain the skills needed to move into new, rewarding careers in essential industries and build on our recent growth and profitability."

The live presentation can be accessed at: https://us02web.zoom.us/webinar/register/WN_WZzxzQ0aSNef-dziElP6xQ. An archived replay of the presentation may be accessed through the Company's website, www.lincolntech.edu, via the 'Investor Relations' section, under 'Webcasts/Presentations'.

ABOUT LINCOLN EDUCATIONAL SERVICES CORPORATION

Lincoln Educational Services Corporation is a provider of diversified career-oriented post-secondary education and helping to provide solutions to America's skills gap. Lincoln offers recent high school graduates and working adults degree and diploma programs. The Company operates under three reportable segments: Transportation and Skilled Trades, Healthcare and Other Professions and Transitional. Lincoln has provided the nation's workforce with skilled technicians since its inception in 1946. For more information, go to www.lincolntech.edu.

SAFE HARBOR

Statements in this press release and in oral statements made from time to time by representatives of Lincoln Educational Services Corporation regarding Lincoln's business that are not historical facts may be "forward-looking statements" as that term is defined in the federal securities law. The words "may," "will," "expect," "believe," "anticipate," "project," "plan," "intend," "estimate," and "continue," and their opposites and similar expressions are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Generally, these statements relate to business plans or strategies, projected or anticipated benefits from acquisitions or dispositions to be made by the Company or projections involving anticipated revenues, earnings or other aspects of the Company's operating results. The Company cautions you that these statements concern current expectations about the Company's future performance or events and are subject to a number of uncertainties, risks and other influences many of which are beyond the Company's control that may influence the accuracy of the statements and the projects upon which the statements are based. The events described in forward-looking statements may not occur at all. Factors which may affect the Company's results include, but are not limited to, the risks and uncertainties discussed in the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the Securities and Exchange Commission. Any one or more of these uncertainties, risks and other influences could materially affect the Company's results of operations and financial condition and whether forward-looking statements made by the Company ultimately prove to be accurate and, as such, the Company's actual results, performance and achievements could materially differ from those expressed or implied in these forward-looking statements. Forward-looking statements are based on information available at the time those statements are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause such differences include, but are not limited to, our failure to comply with the extensive regulatory framework applicable to our industry or our failure to obtain timely regulatory approvals in connection with acquisitions or a change of control of our Company; our success in updating and expanding the content of existing programs and developing new programs for our students in a cost-effective manner or on a timely basis; risks associated with changes in applicable federal laws and regulations; uncertainties regarding our ability to comply with federal laws and regulations, such as the 90/10 rule and prescribed cohort default rates; risks associated with the opening of new campuses; risks associated with integration of acquired schools; industry competition; our ability to execute our growth strategies; conditions and trends in our industry; the COVID-19 pandemic and its impact on our business and the U.S. and global economics; general economic conditions; and other factors discussed in the "Risk Factors" section of our Annual Reports and Quarterly Reports filed with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement, and Lincoln undertakes no obligation to publicly revise or update any forward-looking statements, whether as a result of new information, future events or otherwise after the date hereof.

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SOURCE Lincoln Educational Services Corporation