Glancy Binkow & Goldberg Announces Expanded Class Period of April 24, 2008 Through February 25, 2013 in the Class Action Lawsuit

Glancy Binkow & Goldberg Announces Expanded Class Period of April 24, 2008
Through February 25, 2013 in the Class Action Lawsuit Against ITT Educational
Services, Inc. -- ESI

LOS ANGELES, April 19, 2013 (GLOBE NEWSWIRE) -- Glancy Binkow & Goldberg LLP
announces that a class action lawsuit has been filed in the United States
District Court for the Southern District of New York on behalf of a class (the
"Class") comprising all purchasers of the common stock of ITT Educational
Services, Inc. ("ITT" or the "Company") (NYSE:ESI) between April 24, 2008 and
February 25, 2013, inclusive (the "Class Period"). Investors who have losses
of $100,000 or more are encouraged to contact the firm for information
concerning a lead plaintiff position in the class action suit and have until
May 10, 2013 to file a motion with the Court to be appointed as lead

ITT provides postsecondary degree programs in the United States. The Complaint
alleges that during the Class Period the Company and certain of its officers
and directors violated federal securities laws by issuing false and misleading
statements. On February 22, 2013 ITT announced that the Securities and
Exchange Commission was investigating the Company's involvement in certain
private student-loan agreements. According to ITT, the Company had received a
subpoena from the SEC on February 8, 2013, along with a letter informing the
Company of the investigation. The subpoena requested documents related to a
2009 loan risk sharing agreement and ITT's PEAKS Private Student Loan Program.
As a result of this news, ITT stock declined $3.10 per share, or nearly 17%,
to close on February 25, 2013 at $15.53 per share on unusually heavy volume.

If you are a member of the Class described above, you may move the Court to
serve as lead plaintiff no later than May 10, 2013; however, you must meet
certain legal requirements. If you wish to learn more about this action or
have any questions concerning this Notice or your rights or interests with
respect to these matters, please contact Michael Goldberg, Esquire, of Glancy
Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles,
California 90067, by telephone at (310) 201-9150 or Toll Free at (888)
773-9224, by e-mail to, or visit our website at

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

CONTACT: Glancy Binkow & Goldberg LLP, Los Angeles, CA
         Michael Goldberg
         (310) 201-9150 or (888) 773-9224

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