John T. South III Named Chairman of Argosy University

PITTSBURGH, Education Management
Corporation (Nasdaq: EDMC) announces that John T. and West Palm Beach, Fla.edu) operates 13 campuses and six extension
sites across the nation.312. "We intend to be a leader in providing
professionals with access to the learning they will need to become certified
global business professionals.
"Philadelphia University, like numerous other institutions, recognizes the
flexibility that online courses can provide, particularly to working
professionals," said Paul Robershotte, President and CEO of MindEdge.

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South, III has been named
Chairman of the Argosy University education system. South assumes the position as Chairman with oversight of
Argosy's 13 campus locations and six extension sites in 11 states. Argosy University is accredited by the Higher Learning
Commission and is a member of the North Central Association (NCA) (30 North
LaSalle Street, Suite 2400, Chicago, IL 60602, 1 .

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"As Chancellor of South University, John
has worked closely with EDMC to develop the institution into a premier
provider of high-demand degree programs.

Education Management Corporation (http://www.
Philadelphia University is the only institution currently offering an
online course to help prepare for the NASBITE test, and is doing so in
partnership with the World Trade Center of Greater Philadelphia.edu/globalbusiness.

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I look forward to working with University President
Gregory O'Brien in the further growth and development of this excellent
institution ., a Massachusetts-based firm that specializes in designing
and managing online educational courses .

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South.
The certification test was developed by the North American Small Business
International Trade Educators (NASBITE) to indicate a high level of competency
in four areas of international business: global business management, global
marketing, supply chain management and trade finance.

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The Argosy University
Board of Trustees has elected Mr. Forward-looking statements speak only as
of the date they are made and EDMC does not undertake any obligation to update
these forward- looking statements . The modules will
include readings, quizzes, mini-exams and interactive graphics. "Their
students want courses that can be accessed conveniently and that provide
content which is directly applicable to their professional goals and
priorities."
Philadelphia University, founded in 1884, is a private university with
3,100 part- and full-time students from 38 states and 42 countries. The
University offers more than 50 undergraduate and graduate degree programs
leading to the Bachelor of Science, Bachelor of Architecture, Bachelor of
Landscape Architecture, master's degrees and a doctoral degree in Textile
Engineering and Science.

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South will continue to serve
as Chancellor of South University managing its four campus locations and
online education programs.
since 1975 . Most recently, Mr. He has also
managed the introduction of numerous high-demand health professions and
business degree programs while significantly increasing enrollment at the
University.263.

"As a leader in professional education for more than 100 years,
Philadelphia University recognizes how important a well-trained workforce is
to a company's success," said Frank Congdon , executive director of Continuing
and Professional Studies.

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org). These statements are subject to risks, uncertainties and
assumptions, which change over time. For more
information and to sign up for the course, go to
http://www.

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Academic programs encompass architecture, design,
business , engineering, textiles, fashion, science and health.

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During his tenure as Chancellor, he has overseen the
transformation of the institution from a family-owned, single location college
offering two -year degrees into a four-campus, Level V Southern Association of
Colleges and Schools (SACS)-accredited University offering associate's,
bachelor's and master's degrees.

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In addition to his new responsibilities , Mr."
"I am looking forward to this new challenge and to working with Argosy
University faculty and staff," said Mr. South has served as Chancellor of South University with campuses in
Savannah , Ga., Montgomery, Ala.

Statements in this press release that relate to future results and events,
including statements about EDMC's and Argosy University's anticipated
financial and operating performance, are forward-looking statements within the
meaning of the safe harbor provision of the Private Securities Litigation
Reform Act of 1995. NASBITE professionals will greatly benefit from Philadelphia
University's ingenuity and unique online offering.

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McKernan, Jr.

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"Argosy University is a
university community of skilled and dedicated educators and professionals with
a passion for delivering excellence and my goal is to continue to build on a
tradition of excellence. PHILADELPHIA , Philadelphia University will offer a
new online test preparation course for a new international business test that
will lead to a nationally recognized certification for professionals in the
field .

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Argosy University (http://www. Argosy University offers doctoral and master's
programs in clinical psychology, counseling and education along with doctoral,
master's and bachelor's degree programs in business administration, bachelor's
degrees in psychology and associate's degree programs in various health
sciences fields.edmc.
Those who pass the test will be designated as Certified Global Business
Professionals(TM), which will demonstrate their expertise in international
business , much as a Certified Public Accountant credential indicates a high
level of competency in the accounting field. Depending on
their work experience or educational background, students may take one or more
of the modules to prepare for the NASBITE exam.

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Mr.com) is among the largest
providers of private post-secondary education in North America, based on
student enrollment and revenue. EDMC has provided career-oriented
education for over 40 years.

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South as Chairman of the Argosy Board of
Trustees . South's leadership led to
the introduction of the South University School of Pharmacy, a three-year
accelerated program, one of only three in the state of Georgia.

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, chief executive
officer and vice -chairman of EDMC. The first test will be given
March 20.

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His thorough understanding of
University operations and management will be a great addition to the Argosy
University system."
Mr.argosyu .philau.

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C. South University was acquired by EDMC in 2003. Each module will take about
50 hours to complete over five weeks, and will cost $550.

Institutions that offer pre-qualification and post-qualification training and research programmes in Occupational Therapy.

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As of Fall 2005, Argosy University 's enrollment totaled approximately
12,000 students and South University's enrollment totaled approximately 2,800
students.ncahlc.

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Philadelphia University to Offer Online Test Preparation Course for New International Business Test

"
Philadelphia University's online test preparation course was developed
with MindEdge Inc.

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, Columbia, S.

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"We are pleased to have someone with John's education administration
experience and business expertise leading both the Argosy University system of
schools and South University," said John R.0456,
http://www. EDMC has 72 primary campus locations in 24
states and two Canadian provinces. EDMC's education institutions offer a broad
range of academic programs concentrated in the media arts, design, fashion,
culinary arts, behavioral sciences, health sciences, education , information
technology, legal studies and business fields, culminating in the award of
associate 's through doctoral degrees. Actual results could differ materially from
those anticipated in the forward-looking statements, and future results could
differ materially from EDMC's historical performance .

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Factors that could cause
or contribute to such differences include: general economic, political and
industry conditions; the Company's effectiveness in its regulatory compliance
efforts; the effects of extensive and changing regulations on the Company's
business; changing market needs and technology; the Company's ability to add
and integrate new schools and grow its online programs; increased competition;
the Company's ability to recruit and retain key personnel; and other matters
disclosed in the Company's Securities and Exchange Commission filings,
including the Company's Annual Report on Form 10-K.
Philadelphia University will offer online course modules in each of the
four main subject areas covered in the test.