Business Editors
NASHVILLE, Tenn.----Corrections
Corporation
of America (NYSE: CXW) announced today that it has
received notification from the Indiana Department
of Corrections of
its intent to return to Indiana approximately 620 male Indiana inmates
currently
housed at the Company's Otter Creek Correctional Center in
Wheelwright, Kentucky. However, if the
Company is unable to obtain a new
agreement it intends to implement a phased closure of the Otter
Creek
facility that will coincide with the return of Indiana inmates. The
Company estimates the
impact, resulting from the loss of the Indiana
inmates, will be approximately $0.
-- Black juveniles were more than four times as likely as White juveniles
to be in custody
, and more than seven times as likely as Asian juveniles.prose commentaries
"An extreme example of decline in educational
investment is in Oregon,"
says co-author Paul Barton. These days, the 2,000-inmate
Oregon State
Penitentiary has not one teacher on its staff.ets.jailhouse papa
These include, but are not limited to, the risks
and
uncertainties associated with: (i) fluctuations in the Company's
operating results because
of, among other things, changes in occupancy
levels, competition, increases in cost of operations
, fluctuations in
interest rates and risks of operations; (ii) changes in the
privatization of
the corrections and detention industry, the public
acceptance of the Company's services and the timing
of the opening of
and demand for new prison facilities; (iii) the Company's ability to
obtain
and maintain correctional facility management contracts,
including as the result of sufficient governmental
appropriations and
as the result of inmate disturbances; (iv) increases in costs to
construct
or expand correctional facilities that exceed original
estimates, or the inability to complete such
projects on schedule as a
result of various factors, many of which are beyond the Company's
control
, such as weather, labor conditions and material shortages,
resulting in increased construction costs;
and (v) general economic
and market conditions. "Strike one,
ex-inmates aren't trusted by many
employers."
http://www."
Troubling
Findings
-- In 2003, 6.commentaries incarcerated
ronald penalty
pals upstate
These services are intended to reduce recidivism and to
prepare inmates
for their successful re-entry into society upon their
release. "Learning is tough work,
particularly
for those who have not been encouraged to treat it as a
priority or who have developed an aversion
to it.ronald correctional
The Company currently operates 64 facilities, including
39 company-owned facilities, with
a total design capacity of
approximately 70,000 beds in 19 states and the District of Columbia. Other
factors that could cause operating and
financial results to differ are described in the filings made
from
time to time by the Company with the Securities and Exchange
Commission. Coley and Paul E
.9 million adults were on probation, in jail, or on parole,
an overall increase of 274 percent
since 1980.
-- Overall, Black and Hispanic state prison inmates had much lower levels
of educational attainment than White inmates: 53 percent of Hispanic and 44
percent of Black
inmates had not graduated from high school or earned a
GED, compared to 27 percent of White inmates
.ronald correctional
bliss edification
As a result, they
are unable to support themselves or their families.
-- Since 1985
, incarcerations increased the most in federal prison, 373
percent; followed by local jails, 178
percent; and state prisons, 175
percent.
Rates for American Indian and Hispanic juveniles
were also higher than the
rate for all groups combined.pals ginsberg
The Company specializes in owning
, operating and managing prisons and
other correctional facilities and providing inmate residential
and
prisoner transportation services for governmental agencies.papa administered
Forward-Looking Statements
This press release contains statements as to the Company's beliefs
and expectations of the
outcome of future events that are
forward-looking statements as defined within the meaning of the
Private Securities Litigation Reform Act of 1995. Strike three, many jobs are off limits to ex-prisoners
.org/research
"Despite a growing need to prepare prisoners for life outside bars, as well
as to protect citizens from harm and to reduce costs associated with
incarceration, the investment
in prison education has fallen, decade by
decade," Coley says.ronald prison
The Company also provides health care
(including medical,
dental and psychiatric services), food services and work and
recreational
programs.org/research/pic
ABOUT ETS
ETS is a nonprofit institution with the mission to
advance quality and
equity in education by providing fair and valid assessments, research, and
related
services for all people worldwide.bliss incarcerated
5 million children had parents who were incarcerated in
state
or federal prisons.org.penitentiary raine
A new study released by ETS today says that
prison education programs
reduce recidivism, save money, and benefit
society.prisoner correctional
"We appreciate the long-term,
positive relationship
CCA has shared with Indiana, and we stand ready
to assist the State either within Indiana state borders
or
out-of-state management should they have future need for a corrections
management partner.
"
About the Company
CCA is the nation's largest owner and operator of privatized
correctional
and detention facilities and one of the largest prison
operators in the United States, behind only
the federal government and
three states.
The Company takes no responsibility for updating the
information
contained in this press release following the date hereof to reflect
events or circumstances
occurring after the date hereof or the
occurrence of unanticipated events or for any changes or modifications
made to this press release or the information contained herein by any
third-parties, including
, but not limited to, any wire or internet
services.
That is the finding detailed in the report
"Locked Up and Locked Out: An
Educational Perspective on the U. Black males in this age group
without a high school diploma are about as likely to be in prison as
employed.
"The
tide has been turning for decades toward punitive measures, and the
downward trend in prison education
and training has been a steep one,"
writes Coley. Founded in 1947, ETS today
develops, administers
and scores more than 24 million tests annually in
more than 180 countries, at over 9,000 locations
worldwide.prisoner administered
CCA is pursuing opportunities with a number of potential
customers, including the Kentucky
Department of Corrections, to fill
the vacant space.05 per diluted share for 2005. Barton of ETS
's Policy Information Center,
warns that ever-larger numbers of ex-prisoners are returning to their
communities poorly prepared to re-enter the workforce.
-- In 2004, the incarceration rate
for Black 25- to 29-year-old males was
13 percent, compared with 2 percent of the White and 4
percent of the
Hispanic male populations in that age group."
"The trend toward punishment
and toughness need not serve as an impediment
to education and training efforts," says Barton.surviving lamp
ets
.bliss papa
"We are proud of the quality of operations our Otter Creek staff
have provided for the state
of Indiana," said John D." The report, written
by Richard J. "No matter where people stand on whether
sentences should be
longer or what they think about the three-strikes-and-you're-out approach,
no
one can deny the problem of ignoring the educational needs of prisoners
and what it will mean --
to them and to society -- in the future.upstate ginsberg
-- In 2000, almost 3.pals bliss
The Company is working with Indiana
corrections
officials on plans to return the inmates to the Indiana corrections
system by the
end of May 2005. Coley and Barton
describe this as a "formula for disaster. In serving individuals
,
educational institutions and government agencies around the world, ETS
customizes solutions to
meet the need for teacher professional development
products and services, classroom and end-of-course
assessments, and
research-based teaching and learning tools.prisoners prison
These
forward-looking statements
are subject to risks and uncertainties that
could cause actual results to differ materially from
the statements
made. Prison Population."
"Poorly trained and poorly educated ex-prisoners
returning to society have
three strikes against them," says study author Richard Coley.ets.cellpals edification
CCA to
Phase-Out Operations at Otter Creek Correctional Center in Kentucky
In
addition to providing
the fundamental residential services relating to
inmates, the Company's facilities offer a variety
of rehabilitation
and educational programs, including basic education, religious
services, life
skills and employment training and substance abuse
treatment.PRESS RELEASE Exploding Prison Population
and Declining Education and Training Programs Creating 'Perfect Storm' for Society
prose bliss
Ferguson, CCA
President and Chief Executive Officer. "In 1980, an inmate then could learn a vocation
or pursue
a variety of academic subjects.
Copies of the report can be downloaded free-of-charge from
www
.jailhouse prisoner
S. Strike two, employers want
employees with steady, successful job experiences, which most ex-prisoners
don't have. But a minimum of a high
school education is required for support of self or family
, and the
criminal justice system has a responsibility to best serve society. Additional
information
is available at www.cellpals incarcerated
Yet declining support for such programs results in the 600,000
ex-offenders
returning to the community each year being as locked out of
the labor market as they were locked
up in prison.6 million parents were either in prison or on
parole, and about 1.
"What
better ways to do this than to ensure the self-sufficiency of
ex-prisoners and to help break the
cycle of crime in prisoners' families?"
Coley concludes.papa bliss
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