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NEWS RELEASE

Embry-Riddle Ranks Among Top 100 Family-Friendly Companies in Central Florida

Daytona Beach, Fla., Aug. 4, 2006 -- Embry-Riddle Aeronautical University was named one of Central Florida’s Top 100 Companies for Working Families at the Top 100 Awards Luncheon held Aug. 4, 2006, at the Rosen Plaza Hotel in Orlando.

Compiled annually by the Orlando Sentinel and published in the Aug. 6 edition of the newspaper’s Florida magazine special section, the Top 100 list honors the local companies most committed to family-friendly policies. Applicants are judged on their family-related benefits, work environment, communication network, and training opportunities.

Embry-Riddle has 2,000 full-time employees worldwide, 1,255 of them in Central Florida. The world’s largest university specializing in aviation and aerospace, Embry-Riddle educates more than 32,000 students annually.

“We’re very proud to have been named to the Top 100 list for the second year in a row,” said Irene McReynolds, Embry-Riddle’s director of human resources. “It reflects our ongoing commitment to assisting our employees and their families in every way we can. Not only do our benefits rival that of any employer in Central Florida, we also offer additional benefits that only a university can provide.”

Tuition waivers, a paid time-off plan, and health insurance are among the most popular benefits at Embry-Riddle for employees and their families, with some benefits available to domestic partners as well.

Employees and their family members have access to a world-class education at Embry-Riddle through 100 percent waivers of tuition for credit courses and 25 percent waivers of flight lab fees. More than 30 undergraduate and graduate degree programs in aviation/aerospace, engineering, business, and related fields are available. As a bonus, Embry-Riddle’s participation in a national tuition exchange program allows dependent children of employees to choose between 500 U.S. colleges and universities to attend tuition-free.

Health insurance at Embry-Riddle includes medical, dental, vision, and retail and mail-order pharmacy coverage for employees and their families. All eligible employees who retire while covered by these plans are eligible for retiree coverage until age 65. Employees can pay for certain medical expenses with pre-tax dollars through a flexible spending account.

Embry-Riddle makes sure its employees get plenty of time to spend with their families, starting with 10 paid holidays each year, plus the business days between Christmas and New Year’s Day. Workers also accrue personal leave, which is used for vacation, illness, and so on, and increases with years of service. New employees earn between 12 and 18 days of personal leave in their first year of full-time employment.

Embry-Riddle Aeronautical University, the world’s largest, fully accredited university specializing in aviation and aerospace, offers more than 30 degree programs in its colleges of Arts and Sciences, Aviation, Business, and Engineering. The university educates more than 32,000 students annually in undergraduate and graduate programs at residential campuses in Prescott, Ariz., and Daytona Beach, Fla., Worldwide at more than 130 centers in the United States, Canada, Europe, and the Middle East, and through online learning.

© Copyright 2008 Embry-Riddle Aeronautical University. All rights reserved.

Administrative Offices: 600 South Clyde Morris Blvd., Daytona Beach, FL 32114