ST. AUGUSTINE, Fla. - April 18, 2013 - (BUSINESS WIRE) - Creative Learning Corporation (OTCBB:CLCN), owner and developer of Bricks 4 Kidz®, the highly-popular children's education and enrichment program, is pleased to announce that the Company has recently rolled out Challenge Island®, an Atlanta-based franchise concept developed by parenting author, speaker and award-winning educator, Sharon Duke Estrof. Challenge Island®, www.challenge-island.com, provides unique challenge-based programs designed to foster critical and creative thinking skills, problem solving methodology, and core STEM (Science, Technology, Engineering, Mathematics) principles in children ages 3-13+.
Brian Pappas, CEO of Creative Learning Corporation stated, “I’m thrilled at the huge response we’ve been getting to the Challenge Island franchise concept. We already have several verbal commitments this month from prospective franchisees and expect to close at least two sales in April. May is also shaping up nicely and we expect up to four sales. We don’t see any reason why Challenge Island® can’t follow a similar path as Bricks 4 Kidz® which now has over 280 franchises in 39 states and 12 countries.”
Creative Learning Corporation, operating under the trade name Bricks 4 Kidz®, offers programs designed to teach children ages 3-12+ the basic principles of engineering, architecture and physics using LEGO® bricks. Through a unique franchise business model that includes a proprietary Franchise Marketing Tool (FMT), the Company provides a wide variety of programs designed to enhance students’ problem solving and critical thinking skills by designing numerous structures, devices, and systems using proprietary LEGO® bricks and models. For more information, visit www.bricks4kidz.com.
This press release may contain “forward-looking statements” that are made pursuant to the “safe harbor” provisions as defined within the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words including “anticipates,” “believes,” “intends,” “estimates,” and similar expressions. These statements are based upon management’s current expectations as of the date of this press release. Such forward-looking statements may include statements regarding the Company’s future financial performance or results of operations, including expected revenue growth, cash flow growth, future expenses and other future or expected performances. The Company cautions readers there may be events in the future that the Company is not able to accurately predict or control and the information contained in the forward-looking statements is inherently uncertain and subject to a number of risks that could cause actual results to differ materially from those indicated in the forward-looking statements. Further information on these and other potential factors that could affect the Company’s financial results is included in the Company’s filings with the SEC under the “Risk Factors” sections and elsewhere in those filings.
Creative Learning Corporation