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Exhibit (a)(5)(vi)
For Immediate Release
Sylvan Contacts: Sean Creamer
Investor Relations
(410) 843-8991
SYLVAN LEARNING SYSTEMS, INC. ANNOUNCES EXTENSION OF TENDER
OFFER PERIOD TO MIDNIGHT EASTERN TIME
ON WEDNESDAY, SEPTEMBER 13, 2000
Baltimore, MD, September 7, 2000 - Sylvan Learning Systems, Inc. (NASDAQ:
SLVN) today announced that it is extending the tender offer period for its
"Dutch Auction" self-tender offer from 12:00 Midnight Eastern time, on September
7, 2000, until 12 Midnight Eastern time, on September 13, 2000. Accordingly, the
tender offer, proration period and withdrawal rights will expire at 12:00
Midnight Eastern time, on Wednesday, September 13, 2000, unless Sylvan extends
the tender offer further. Sylvan commenced the tender offer on August 21, 2000,
when it offered to purchase up to 6,000,000 shares of its common stock at a
price between $13.50 and $15.00 per share net to the seller in cash, without
interest. All terms and conditions of the offer as described in the Offer to
Purchase continue to apply to the offer as extended.
This press release is for informational purposes only and is not an offer
to buy or the solicitation of an offer to sell any shares of Sylvan's common
stock. The solicitation of offers to buy Sylvan's common stock is only being
made pursuant to the tender offer documents, including the Offer to Purchase and
the related Letter of Transmittal, which were previously filed with the
Securities and Exchange Commission. Shareholders should read those materials
carefully prior to making any decisions with respect to the tender offer because
they contain important information, including the various terms and conditions
of the offer. Copies of the Offer to Purchase, the related Letter of Transmittal
and other tender offer documents can be obtained for free by calling the
Information Agent, D.F. King & Co., Inc. at 800-207-2014. Shareholders also can
obtain the Offer to Purchase and related materials for free at the SEC's website
at www.sec.gov.
About Sylvan Learning Systems
Sylvan Learning Systems, Inc. (www.sylvan.net) is the leading provider of
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educational services to families, schools and industry. The Sylvan Learning
Centers and Education Solutions provide personalized instruction services to K-
12 students through direct consumer relationships and under contract to school
systems. Sylvan provides courses to adult students throughout the world in the
areas of English language, teacher training and accredited university offerings
through the Wall Street Institute / ASPECT, Canter and Sylvan International
Universities subsidiaries. Sylvan Ventures, Sylvan's new e-learning investment
vehicle, focuses on bringing emerging Internet technology solutions to the
education and training marketplace. Through its affiliate, Caliber Learning
Network, Inc. (NASDAQ: CLBR - news), Sylvan also has the ability to distribute
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world-class adult professional education and training programs.
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