Clemens College is regionally accredited by NEASC

141"), which is effective for calendar year companies on January 1,2009.Among other things, SFAS No. 141 requires the additional use of fairvalue measurements, both as of the acquisition date and in post combinationperiods and requires that acquisition costs be expensed as incurred.Inconnection with these acquisitions Lincoln will be taking a charge ofapproximately $0.02 per share in the fourth quarter of 2008 and for the yearended December 31, 2008 and $0.01 per share in the first quarter of 2009 toaccount for the expenses related to the acquisition.We expect these acquisitions, including Clemens, will add approximately $50million to revenues in 2009, to be dilutive, but not to have a significantimpact on 2009 earnings. We expect these acquisitions to be accretive toearnings in 2010.We are updating our previously issued guidance for the year ended December 31,2008 to reflect the impact of this acquisition on our 2008 results.In spiteof the $0.02 per share charge we are taking in the fourth quarter of 2008, weexpect that our earnings per share for the year will meet or exceed ourpreviously issued guidance of $0.69 to $0.71.The strong results weexperienced in the fourth quarter of 2008 were fueled by a 17.1 increase instudent starts in 2008 over the prior year.Finally, on a same school basis,we expect that 2008 year-end enrollment will exceed the prior year byapproximately 17 resulting in us beginning 2009 with approximately 3,100 morestudents than we had at the beginning of 2008, excluding acquisitions.We look forward to providing further updates on both of our acquisitions, ourresults for 2008 and our 2009 guidance in early March of 2009.About Lincoln Educational Services Corporation Lincoln Educational Services Corporation is a leading and diversifiedfor-profit provider of career-oriented post-secondary education.Lincolnoffers recent high school graduates and working adults degree and diplomaprograms in five areas of study: automotive technology, health sciences,skilled trades, business and information technology and hospitality services. About Baran Institute of Technology (Baran)Baran is comprised of Baran Institute of Technology ("BIT"), ConnecticutCulinary Institute ("CCI"), Clemens College ("Clemens"), Americare School ofNursing and Engine City Technical Institute. Baran has a total of 811 dormbeds in two facilities (Hartford and Suffield, Connecticut), which serve BIT,CCI and Clemens students. Baran Institute of Technology BIT is in East Windsor, Connecticut which is 12 miles north of Hartford.BIToffers diploma programs in automotive, diesel, collision repair, motorcycle,HVAC, electrical and welding.This campus serves approximately 850 studentsof which 75 come from New England and the remainder come from over a dozenother states.

BIT is accredited by ACCSCT.ConnecticutCulinary Institute (CCI)CCI has campuses in Hartford and Suffield, Connecticut and offers diplomaprograms in culinary arts, baking and pastry and Italian culinary arts.CCIhas approximately 650 students of which approximately 80 come from NewEngland and the remainder mainly come from six other states. CCI is accreditedby ACCSCT and the American Culinary Federation Foundation, Inc.Clemens CollegeClemens College shares a facility in Suffield with CCI and offers associatedegrees in Hospitality Management to approximately 75 students from across theUS and abroad.Clemens College is regionally accredited by NEASC.Americare School of NursingAmericare has two facilities in Florida: Fern Park, which is outside ofOrlando, and St Petersburg. Americare offers an associate degree in SurgicalTechnology and diplomas in dental assisting, medical coding and billing,medical assisting, practical nursing and patient care technician. For a discussion of such risks and uncertainties, which couldcause actual results to differ from those contained in the forward-lookingstatements, see "Risk Factors" in Lincoln's Form 10-K for the year endedDecember 31, 2007. All forward-looking statements are qualified in theirentirety by this cautionary statement, and Lincoln undertakes no obligation torevise or update this news release to reflect events or circumstances afterthe date hereof.SOURCELincoln Educational Services CorporationBrad Edwards of Brainerd Communicators, 1-212-986-6667, for LincolnEducational Services Corporation. Unless you count the Norv Turner era as respectable, the last, best hope the Raiders had at success was when Bill Callahan was Head Coach. I know that is a tough pill for many Raider fans to swallow but show me a better offensive line coach the Raiders have had since. Art Shell Ok, maybe 20 years ago but his hire was a pretty bad thud when he signed on for a second tour of duty. Callahan, as you may recall, got it done with the offensive line. If not for Barrett Robbins losing his marbles, setting the wrong tone on the eve of a Super Bowl, who knows what could have been different about the Bucs/Gruden game of retribution. Unfortunately, Callahan also made a ton of errors which tarnished his time with the Raiders. Much like Tom Cable started out doing great as offensive line coach and is now collapsing like a ton of bricks. It so happens Bill Callahan has rehabilitated himself in the NFL and is doing just fine as offensive line coach of the New York Jets. How does the O-Line opening things up for the backs to run for over 300 yards against the Oakland Raiders sound as far as evidence So we have to ask ourselves, if Bill Callahan can fix the Jets offensive line, why can't the Raiders fix their own offensive line Khalif Barnes, playing for the first time as a right tackle, gave up 2 sacks against the Jets. Is Cornell Green any better No, he pretty much is no help. Langston Walker is a retread, not expected to offer much help either. What is a retread A guy who could not make another team's roster. In the case of Langston Walker, he was willfully allowed to leave the Raiders, go to another team and then come back. So he is a double retread. He's not a solution. So the useless retread offensive line crew of the Raiders consists of Erik Pears, Kalif Barnes, Copper Carlise, Cornell Green and guys that are just average like Chris Morris and Samson Satele. Then at the bottom of that heap is Paul McQuistan. He is so useless that he does not even get mentioned as a possibility to replace Robert Gallery when he was lost to injury. Why is McQuistan even on the roster if he serves no function If he is injured, then put him on IR to make room for a guy who can help the team. Strangely enough, the only guy who has really stood out on the line is Robert Gallery, the one time bust who has managed to salvage his NFL career. We also have to give left tackle Mario Henderson his due as another guy who is doing better than everyone around him. He has not emerged as a rock but maybe with better players helping out, he will get there. The reasons why the Raiders are woeful offensively has to start with the line. The offensive line has been neglected. You would think with such a large investment in your QB the next logical step would be to want to protect that investment. This hasn't happened over the course of several seasons, with lamers being claimed off waivers, a revolving door of other teams' retreads being installed. So this tells us Al Davis is more concerned with finding defensive players that he wrongly believes will fit in with his man to man system rather than building a credible offensive line. This is the same trail of errors associated with overpaying guys like DeAngelo Hall, Gibril Wilson and whatever other guys not pulling their weight. Not a single established offensive lineman has been brought in to compete for a job. Until there are better offensive lineman brought in to stabilize the protection, the passing game will suffer. It has been pointed out a few times by lots of people, Jamarcus Russell (or whoever is playing QB for the Raiders) does not have 7-8 seconds to throw. Taking your drop (any more than 3 steps) is tough when your protection breaks down almost immediately. So we're back to handing the ball off to Fargas every down but that is what happened in 2006 (until he gets hurt again). . eLending Pioneer Launches Online Electronic Lending Technology ForumHOUSTON(Business Wire)Encomia, a leading provider of end-to-end eLending technology, announced thelaunch of its own eLending blog, The blog will provide information and facilitate discussions regarding thetechnical and operational aspects of eLending technology for professionalsinvolved in mortgage, consumer, automotive, commercial and other forms oflending.

In addition, the blog will share information pertaining to its adoptionamong financial institutions, while addressing various topics highlighted in themortgage and lending press. "A discussion forum that is exclusive to eLending is long overdue," said AndrewKrieger, COO of Encomia. "While the use of electronic lending technology hasgrown at a rapid pace, the number of information sources on eLending hasremained small. This blog provides a discussion board that educates visitors ona wide range of topics surrounding eLending and eLending technology." "Over the years, Encomia has received excellent feedback from our customers inthe mortgage industry who have won over and retained many satisfied borrowers asa result of the convenience and speed afforded by electronic lendingtechnology," said Andrew Dubinsky, CEO of Encomia. "As an eLending pioneer, wefeel that it is Encomias responsibility to provide an easily accessibleresource that can be used to learn and share information about electroniclending technology and to further perpetuate its use and growing popularity." eLending technology makes the lending process easier for borrowers, and fasterand cheaper for lenders. A link to the documents is sent to borrowers by e-mail,allowing them to review and sign them electronically. Lenders benefit from theease and speed of paperless originations, and the unlimited audit capability offully electronic data.

The companysEncomia eLending Solution provides mortgage, consumer, automotive, commercialand other lending institutions with a comprehensive tool kit for full eLendingincluding the creation of XML-based electronic documents, electronic signaturecapability and secure document archival. Encomias solutions are compatible witha number of third-party technologies, are adaptable to institutional standardsand can be implemented in a manner that allows for gradual eLending adoption. Tolearn more about Encomia, its products and services, please contact Bill Eckert,senior vice president of sales at or visit the companys Website at http:// For EncomiaAndy Payment, 678-781-7222orAlex Shorter, 678-781-7207 Copyright Business Wire 2009. The Two-Way Radio Equipment and Services Master Contractincludes BridgeWave Communications entire catalogue of high-capacity 60-80 GHzproducts. On July 1, 2008, the Department of Information Technology (DoIT) was named theprimary unit responsible for the approval and oversight of InformationTechnology (IT) procurements, including all telecommunications devices andsystems utilized by state agencies. For inclusion in the Master Contract,vendors are subject to a mandatory review by the DoIT prior to approval.