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For immediate release - December 8th, 2004

IMET Corporation President gives Commencement Speech

On December 8th, 2004, IMET Corporation President Joseph Petrella Jr. was honored to give the commencement speech at ITT Technical Institute's graduation ceremony.

Mr. Petrella's speech outlined the importance of technology in today's world, and the impact that the graduates would have
on improvements in medical, transportive, and industrial devices. Praising the school for its demanding curriculum, Mr. Petrella also reminded the graduates to take the time to thank the people who made their schooling possible and successful.

Mr. Petrella will begin teaching engineering topics at ITT Technical Institute in March of 2005.


The following quote was from the CEO of ITT Education Services:

"Technology has inextricably linked education and careers to the point where learning must be viewed as a lifelong process. Your completion of a rigorous course of study at ITT Technical Institute will position you well in your efforts to accomplish personal goals. On behalf of our faculty and staff, I extend our best wishes for continued success."

Rene R. Champagne
Cairman and CEO
ITT Education Services, Inc.




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