That plan will give effect to significant changes
in admissions standards that SED wants Interboro to make so that it can
prove a reasonable level of success for its students, including by
improving its student retention and graduation rates.

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The campus is part
of DeVry University, one of the largest degree-granting higher
education systems in North America.

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About EVCI Career Colleges Holding Corp.edu and for graduate degree programs , visit
http://www.

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He previously spent 19 years as president of
the DeVry Institute of Technology campus in Calgary, Alberta. This is also largely due to DeVry
University's excellent relationships with numerous New York-area
companies. He recently has
held leadership positions with the Alberta Economic Development
Authority, Alberta Roundtable on Climate Change, Alberta Growth Summit
and the Alberta Chambers of Commerce.

Sites found here are college and university health and safety departments , responsible for training and informing faculty, students, and visitors about all types of safety issues on campus.

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"People with strong technology backgrounds continue to be in
demand, particularly in the New York area," said Ballheim.

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:

EVCI is the holding company for Interboro Institute, Technical Career
Institutes, Inc. (NYSE: DV) based in Oakbrook Terrace, Ill.

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devry.

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keller.

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Acquired in January 2000, Interboro offers degree programs leading to the
Associate in Occupational Studies degree and Associate in Applied Sciences
degree. For more
information about undergraduate degree programs , visit
http://www.

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Business Editors/Education Editors

NEW YORK----Veteran educator and
administrator John Ballheim has been named president of DeVry
Institute of Technology in Long Island City, N. Approximately 49,000
students are enrolled at its 72 locations that are in 21 states and
Canada, as well as through DeVry University Online.

This is not intended for academic departments which offer degrees in health and safety, though a subcategory with this may be created in due time .

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He earned a master's degree in
educational administration at the University of Illinois Graduate
School at Champaign/Urbana and a bachelor's degree in history and
economics from the University of Northern Iowa in Cedar Falls.

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Prior to
moving to his position in Calgary in 1984, John was employed by Bell +
Howell Education Group as an international operations manager.

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EVCI's management
will be meeting with SED officials to discuss the number of new students
Interboro can enroll going forward and the necessary changes the college
must make to be in full compliance with respect to its registration and
accreditation.
Throughout his career, Ballheim has been active with public policy
and advisory committees, having served as president of the Calgary
Chamber of Commerce and a board member of Calgary Inc.edu

Most university safety issues are related to safety in and around laboratories , but other material such as recordkeeping, vehicle usage, and legal issues will be available as well .

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Acquired in January 2005, PSB is authorized to offer two Associate in
Specialized Business degree programs and two diploma programs in
information technology as well as three recently authorized business
diploma programs. This could prevent EVCI from remaining compliant with
the financial and other covenants of its bank line and result in EVCI's
inability to continue its operations.

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Management expects to be in a position to provide specific information
regarding the adverse impact of enrollment limitations and other changes on
Interboro's current and future results and financial condition after
meeting with SED officials and having more time to evaluate all of the
changes that will be made to Interboro's operations.

Acquired in September 2005, TCI offers two-year associate degree and
certificate programs.Y.

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With an emphasis on technology, TCI offers programs
within three major divisions: Business and New Media Technology; Computer
and Electronics Technology; Climate Control Technology. PSB recently relocated to downtown Allentown,
Pennsylvania and is offering programs there.

"
Ballheim most recently served as president of DeVry University's
Columbus , Ohio campus.
Ballheim completed his residency requirements for his doctorate at
Loyola University of Chicago.

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The final SED report denies extension center status for Interboro's Yonkers
site and requires Interboro to downsize its student enrollment at all its
locations in accordance with a plan which must be submitted by Interboro to
SED by January 4, 2006. (TCI) and the Pennsylvania School of Business (PSB). Ballheim, who has been with DeVry
for more than 20 years, succeeds Diane Engelhardt who recently stepped
down from the post. Before
that, he served as dean of admissions and dean of students at Rosary
College in River Forest, Ill., owns
DeVry University, which operates as DeVry Institute of Technology and
Keller Graduate School of Management in New York.

msu compliance

The purpose of the review was to assess Interboro
Institute's compliance with the laws, rules and regulations governing
degree-granting institutions in New York State as the result of Interboro's
application to SED for approval of its Yonkers site as an extension center
and its rapid growth in enrollment .

Safe Harbor Statement:

The forward-looking statement in this press release regarding the adverse
impact of enrollment limitations and other changes on Interboro's current
and future results and financial condition does not attempt to quantify the
materiality of this impact because management is not currently able to
assess it. For additional information regarding
EVCI's bank line and risks and other information relating to Interboro's
relationship with SED, references made to EVCI's 10-Q for its quarter ended
September 30, 2005, its 8-K, as amended, dated September 16 , 2005 and its
10-KSB for the year ended December 31, 2004.

DeVry Names Veteran Educator and Administrator John Ballheim President of Long Island City Campus

"John is a seasoned academic administrator with a long and
distinguished career," said John Skubiak, president of DeVry
University.
His expertise, enthusiasm and leadership skills will be invaluable as
DeVry's Long Island City campus seeks to expand its program offerings
and increase opportunities for New York-area students interested in
pursuing career-oriented undergraduate and graduate degree programs in
business, technology and management.
"I look forward to enhancing DeVry's ties to local businesses and
our surrounding communities, strengthening relationships with area
high schools, and working to ensure that our talented students
continue to receive the outstanding education they need to become
successful technology and business professionals," said Ballheim. He also has been active in
public service, having worked with the United Way of Calgary, the
Calgary Young Peoples Theater Group, the Calgary Boys Choir and the
Calgary Educational Partnership Foundation.

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PRESS RELEASE EVCI Career Colleges Receives Final Report of Compliance Review of Interboro Institute

"He is committed to providing students with the type of
high-quality, well-rounded education they need to have an immediate
positive impact in the workforce and success throughout their careers.

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EVCI Career Colleges Holding Corp.

Contemporaneously with this press release, EVCI will be filing a Form 8-K
that includes as exhibits documents constituting the final report
(including Interboro's November 3, 2005 response) as well as the report of
the independent investigation conducted by Ritzert & Leyton, P.

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that was
submitted to SED at the direction of the audit committee of EVCI's board of
directors and another submission by Interboro, dated December 2, 2005, that
was not included in the final report. It has a main campus in mid-town Manhattan and an extension center
in each of Flushing, New York and in the Washington Heights section of
Manhattan , New York.

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It is possible that SED will require Interboro to make changes
that are so significant that Interboro's results and financial condition
will be materially and adversely affected and its business model will no
longer be viable.

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C. Interboro also has a college site in Yonkers, New
York . Its main campus is
on 31st street diagonally across from Penn Station, and is supported by a
nearby annex facility. "In fact,
since opening the campus in 1998, more than 90 percent of Long Island
City campus graduates, who actively pursued employment or were already
employed when they graduated, held positions in their chosen fields
within six months of graduation.
As part of one of the largest degree-granting higher education
systems in North America, DeVry Institute of Technology and Keller
Graduate School of Management offer associate, bachelor's and master's
degree programs in technology , business and management. The parent
company, DeVry Inc.

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(NASDAQ: EVCI) today announced that it received the final report of a compliance
review of Interboro Institute undertaken by the New York State Education
Department ("SED"). TCI is accredited by the New York State Board of
Regents and was recently awarded regional accreditation by the Middle
States Commission on Higher Education.

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