Grand Canyon Education, Inc. Files Registration Statement for Initial Public Offering of Common Stock

May 13, 2008, 01:00 ET from Grand Canyon Education, Inc.

    PHOENIX, May 13 /PRNewswire/ -- Grand Canyon Education, Inc. announced
 today that it has filed a registration statement with the U.S. Securities
 and Exchange Commission relating to a proposed initial public offering of
 its common stock.
     Credit Suisse Securities (USA) LLC and Merrill Lynch & Co. are serving
 as joint book-running managers and joint lead managers for the proposed
     A registration statement relating to these securities has been filed
 with the U.S. Securities and Exchange Commission but has not yet become
 effective. These securities may not be sold nor may offers to buy be
 accepted prior to the time the registration statement becomes effective.
 This press release shall not constitute an offer to sell or the
 solicitation of an offer to buy, nor shall there be any sale of these
 securities in any state in which such offer, solicitation or sale would be
 unlawful prior to registration or qualification under the securities laws
 of any such state.
     About Grand Canyon Education, Inc.
     Founded in 1949, Grand Canyon Education, Inc. is a regionally
 accredited provider of online postsecondary education services focused on
 offering graduate and undergraduate degree programs in its core disciplines
 of education, business, and healthcare. In addition to online programs, the
 Company offers ground programs at its traditional campus in Phoenix,
 Arizona and onsite at the facilities of employers.
     Copies of the prospectus relating to the offering may be obtained, when
 available, from Credit Suisse Securities (USA) LLC, Prospectus Department,
 One Madison Avenue, New York, NY 10010 (telephone: 800-221-1037), or
 Merrill Lynch & Co., Prospectus Department, 4 World Financial Center, New
 York, NY 10080 (telephone: 212-449-1000).

SOURCE Grand Canyon Education, Inc.