Career Education Corporation

Career Education Corporation is listed on NASDAQ (CECO). This Annual Report on Form 10-K contains forward-looking statements, as defined in Section 21E of the Securities Exchange Act of 1934, that reflect our current expectations regarding our future growth, results of operations, performance and business prospects, and opportunities. We have used words such as anticipate, believe, plan, expect, intend, and similar expressions, but these words are not the exclusive means of identifying these forward-looking statements. These statements are based on information currently available to us and are subject to various risks, uncertainties, and other factors, including, but not limited to, those discussed under Managements Discussion and Analysis of Financial Condition and Results of Operations-Risks Related to Our Business, that could cause our actual growth, results of operations, performance and business prospects, and opportunities to differ materially from those expressed in, or implied by, these statements.

Caremark Rx Inc.

Caremark Rx Inc. is listed on NYSE (CMX). Overview. We are one of the largest pharmaceutical services companies in the United States, with net revenue of approximately $25.8 billion (including approximately $4.6 billion of retail copayments) in 2004. Our operations are conducted primarily through our Caremark Inc. (Caremark) and CaremarkPCS (f-k-a AdvancePCS) (CaremarkPCS or AdvancePCS) subsidiaries. We acquired AdvancePCS on March 24, 2004, as further described below. Our customers are primarily sponsors of health benefit plans (employers, unions, government employee groups, insurance companies and managed care organizations) and individuals located throughout the United States. We dispense pharmaceuticals to eligible participants in benefit plans maintained by our customers and utilize our information systems to perform safety checks, drug interaction screening and generic substitution.

ConAgra Foods Inc. ..ackaged food company serving a wide variety of food customers. Over time, the company, which was first incorporated in 1919, has grown through acquisi..

Century Casinos Inc. ..ompany involved in developing and operating gaming establishments and related lodging and restaurant facilities. CCI is a Delaware corporation and was..

CEPHEID ..d systems that perform genetic analysis, including DNA or RNA analysis, for the clinical genetic assessment, life sciences and biothreat markets. Our ..

Ceres Group Inc. ..s a wide array of health and life insurance products through two primary business segments. Our Senior segment includes senior health, life and annuit..

CSP Inc. ..sed in Billerica, Massachusetts, just off Route 128 in the Boston computer corridor. To meet the diverse requirements of our industrial, commercial, s..

Cubic Corporation .. State of California in 1949 and began operations in 1951. In 1984, the Company moved its corporate domicile to the State of Delaware. We design, deve..

Converium Holding AG ..nd on June 19, 2001 as a joint stock company as defined in article 620 et seq. of the Swiss Code of Obligations. We were registered on June 21, 2001 i..

CPI Aerostructures Inc. ..the contract production of structural aircraft parts principally for the United States Air Force and other branches of the U.S. armed forces. We also ..

Diamond Foods Inc. ..n 2005 as the successor to Diamond Walnut Growers, Inc., a member-owned California agricultural cooperative association. In July 2005, Diamond Walnut ..

Del Monte Foods Company ..diaries (Del Monte,) is one of the country's largest producers, distributors and marketers of premium quality, branded and private label food and pet ..

DrugMax Inc. ..d drug distribution provider formed by the merger on November 12, 2004 of DrugMax, Inc. and Familymeds Group, Inc. (FMG). We work closely with doctors..

DRS Technologies Inc. ..RS, we, our and us are to DRS Technologies, Inc. and its subsidiaries. GENERAL DRS Technologies is a leading supplier of defense electronics products ..

Dillards Inc. ..rant) is an outgrowth of a department store originally founded in 1938 by William Dillard. The Company was incorporated in Delaware in 1964. The Compa..

Diversified Security Solutions Inc. ..ry Bros. Electronics. They sold Henry Bros. Electronics to Communication Group, Inc. (CGI) in 1985. In 1989, Jim Henry, our Chairman and Chief Executi..

EDAP TMS S.A. ..ost advanced and clinically proven choice for High Intensity Focused Ultrasound (HIFU) treatment of localized prostate cancer. HIFU treatment is shown..

Endesa S.A. .. the laws of the Kingdom of Spain. Our ordinary shares are publicly traded on the Madrid, Barcelona, Bilbao and Valencia stock exchanges and the Santi..

Eastman Chemical Company ..cal company engaged in the manufacture and sale of a broad portfolio of chemicals, plastics, and fibers, began business in 1920 for the purpose of pro..

Epoch Holding Corporation ..pany whose primary line of business is investment management and investment advisory services. The operations of the Company are conducted through its..

Escalon Medical Corp. ..corporation initially incorporated in California in 1987, and reincorporated in Pennsylvania in November 2001. Within this document, the Company colle..

EastGroup Properties Inc. ..y real estate investment trust (REIT) organized in 1969. The Company has elected to be taxed as a REIT under Sections 856-860 of the Internal Revenue ..

Farmers Capital Bank Corporation ..is a financial holding company. The Registrant was originally formed as a bank holding company under the Bank Holding Company Act of 1956, as amended,..

First Defiance Financial Corp. .. a unitary thrift holding company that, through its subsidiaries, focuses on traditional banking and property and casualty, life and group health insu..

First Federal of Northern Michigan Bancorp Inc. ..orporation that owns all of the outstanding shares of common stock of First Federal of Northern Michigan. At December 31, 2004, Alpena Bancshares, Inc..

Flextronics International Ltd. ..manufacturing services (EMS) to original equipment manufacturers (OEMs) in the following industries: . handheld devices, with products such as cellula..

First National Lincoln Corporation ..ed under the general business laws of the State of Maine on January 15, 1985, for the purpose of becoming the parent holding company of The First Nati..

Florida Rock Industries Inc. ..began business in 1929, was incorporated in Florida in 1945. Florida Rock Industries, Inc. and its subsidiaries , are principally engaged in three bus..

FTD Group Inc. ..poration, is a Delaware corporation that was formed in 2003 by Green Equity Investors IV, L.P., a private investment fund affiliated with Leonard Gree..

Global Cash Access Holdings Inc. ..pany, the principal asset of which is the capital stock of Global Cash Access, Inc. Global Cash Access, Inc. directly or indirectly owns all of the as..

GeoGlobal Resources Inc. ..diaries and joint ventures in which we are a participant, in the exploration for and development of oil and natural gas reserves. At present, these ac..

Gold Fields Ltd. .. of gold and major holder of gold reserves in South Africa, Ghana and Australia. Gold Fields is primarily involved in underground and surface gold min..

Gander Mountain Company ..ailer offering a broad assortment of competitively priced merchandise that caters to the needs of outdoor lifestyle enthusiasts, with a particular foc..

Gravity Co. Ltd. ..y and Development of the Company We were incorporated as a company with limited liability under Korean law on April 4, 2000 under the legal name of GR..

Genuine Parts Company ..porated on May 7, 1928, is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office pr..

HealthAxis Inc. ..lly integrated solutions and services for health benefit administrators and health insurance claim processors. These solutions, which are comprised of..

Harken Energy Corporation ..ornia and reincorporated in 1979 in the State of Delaware. Our corporate offices are located at 180 State Street, Suite 200, Southlake, Texas 76092, a..

HON INDUSTRIES Inc. ..ed in 1944. The Company is a provider of office furniture and hearth products. Approximately 75% of fiscal year 2004 net sales were in office furnitur..

Home Federal Bancorp Inc. ..rally chartered stock corporation at the direction of Home Federal Savings and Loan Association of Nampa (Association) in connection with its mutual h..

HRPT PPTYS TR .., or REIT, formed in 1986 under the laws of the State of Maryland. Our primary business is the ownership and operation of real estate, including offic..

Hawk Corporation .. products and powder metal precision components for industrial, agricultural, performance and aerospace applications. We focus on designing, manufactu..

ICTS International N.V. ..nces herein to the Company include ICTS International N.V. (ICTS), its consolidated subsidiaries, Demco Consultants, Ltd. (Demco), an Israeli affiliat..

Internet Initiative Japan Inc. ..oration under the name of Internet Initiative Japan Inc., or IIJ. We were incorporated in December 1992 and operate under the laws of Japan. We began ..

Incyte Corporation ..at involve risks and uncertainties. These statements relate to future periods, future events or our future operating or financial plans or performance..

Insmed Inc. .. focused on the development and commercialization of drug products for the treatment of metabolic diseases and endocrine disorders. Currently, our dev..

Interphase Corporation ..e) enables rapid platform design and integration for the global voice, video, and data communications markets through custom and off-the-shelf communi..

Inspire Pharmaceuticals Inc. ..scovering, developing and commercializing prescription pharmaceutical products in disease areas with significant commercial markets and unmet medical ..

Jack In The Box Inc. .. franchises Jack in the Box® quick-service hamburger restaurants and Qdoba Mexican Grill® (Qdoba) fast-casual restaurants. In fiscal 2005, we generate..

Joy Global Inc. ..r and servicer of high productivity mining equipment for the extraction of coal and other minerals and ores. Our equipment is used in major mining cen..

Essex Property Trust Inc. ..istered and self-managed equity real estate investment trust (REIT) engaged in the ownership, acquisition, development and management of multifamily a..

KMG Chemicals Inc. .. of the largest sellers of industrial wood preserving chemicals in the United States. We also sell animal health pesticides and agricultural herbicide..

Coca-Cola Enterprises Inc. ..nsumers throughout North America, Great Britain, continental France, Belgium, the Netherlands, Luxembourg, and Monaco . Being the world's largest Coca..

Lam Research Corporation ..tion, was founded in 1980 and is headquartered in Fremont, California. The mailing address for our principal executive offices is 4650 Cushing Parkway..

Lancaster Colony Corporation .. is a diversified manufacturer and marketer of consumer products including specialty foods for the retail and foodservice markets; glassware and candl..

Lance Inc. ..orporation in 1926. Lance, Inc. and its subsidiaries are collectively referred to herein as the Company. The Company operates in one segment, snack fo..

LIN TV Corp .. operator with stations located in the United States and Puerto Rico. At December 31, 2004, our stations covered approximately 8.1% of U.S. television..

Lexmark International Inc. ..re corporation and the surviving company of a merger between itself and its former parent holding company, Lexmark International Group, Inc., (Group) ..

Manugistics Group Inc. .. Form 10-K are qualified by the sections captioned Forward-Looking Statements and Factors That May Affect Future Results in Item 7-Management's Discus..

Marcus Corporation (The) .. movie theatres and hotels and resorts. As of May 26, 2005, our theatre operations included 45 movie theatres with 504 screens throughout Wisconsin, O..

METALICO INC ..h eight operating subsidiaries in two distinct business segments: (a) ferrous and non-ferrous scrap metal recycling (Scrap Metal Recycling), and (b) l..

Manhattan Pharmaceuticals Inc. ..ommercializing biomedical and pharmaceutical technologies. We aim to acquire proprietary rights to these technologies by licensing or otherwise acquir..

Hersha Hospitality Trust ..d real estate investment trust that was organized in 1998 and completed its initial public offering in January of 1999. Our common shares are traded o..

Monmouth Real Estate Investment Corporation ..corporation operating as a qualified real estate investment trust (REIT) under Sections 856-860 of the Internal Revenue Code (the Code), and intends t..

Minerals Technologies Inc. ..hnology-based company that develops, produces and markets worldwide a broad range of specialty mineral, mineral-based and synthetic mineral products a..

NGP Capital Resources Company ..uly 2004 as a Maryland corporation to invest primarily in small and mid-size energy companies, which we generally define as companies that have net as..

NSTAR ..d through its subsidiaries in the energy delivery business serving approximately 1.4 million customers in Massachusetts, including approximately 1.1 m..

Old Line Bancshares Inc. (MD) ..he laws of the State of Maryland on April 11, 2003 to serve as the holding company of Old Line Bank. On May 22, 2003, the stockholders of Old Line Ban..

OccuLogix Inc. ..o commercialize innovative treatments for eye diseases, including age-related macular degeneration, or AMD. AMD is the leading cause of late onset vis..

Pfeiffer Vacuum Technology AG ..y AG is domiciled at Berliner Strasse 43, D-35614 Asslar, Germany; telephone: +49-(0)6441-802-0, fax: +49-(0)6441-802-202, http:-www.pfeiffer-vacuum.n..

Pacific Premier Bancorp Inc .. Pacific Premier Bancorp, Inc. and our consolidated subsidiaries, including Pacific Premier Bank, our primary operating subsidiary. All references to ..

Psychemedics Corporation ..n organized on September 24, 1986 to provide testing services for the detection of abused substances through the analysis of hair samples. The Company..

Quebecor World Inc. ...1 BUSINESS OVERVIEW 2.1.1 Our Business We are one of the largest commercial print media services companies in the world and one of the few commercial..

RIT Technologies Ltd. ..chnologies Ltd. was incorporated in Israel and commenced operations in 1989. We are a company limited by shares and operate under Israeli law. The pri..

Royal Caribbean Cruises Ltd. .. The current parent corporation, Royal Caribbean Cruises Ltd., was incorporated on July 23, 1985 in the Republic of Liberia under the Business Corpora..

Spirit Finance Corporation ..d our company refer to Spirit Finance Corporation, a Maryland corporation, and our subsidiaries, unless the context indicates otherwise. We are a self..

Synagro Technologies Inc. ..ts to secure the protection of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 for all forward-looking statements m..

Smurfit-Stone Container Corporation .., Company or Smurfit-Stone refers to the business of Smurfit-Stone Container Corporation and its subsidiaries. GENERAL Smurfit-Stone Container Corpora..

SWISSCOM AG ..ons provider in Switzerland, offering a comprehensive range of products and services to residential and business customers. As the leading provider of..

Telecom Argentina Stet - France Telecom S.A. .. private-sector corporations in Argentina in terms of revenues. We have a non-expiring license (the License) to provide fixed-line public telecommunic..

Too Inc. .. January 31, 2004, and the consolidated statements of operations, changes in stockholders' equity and cash flows for the years ended January 31, 2004 ..