1、PURPOSE,PEOPLE,PROFIT A TRADITION OF SUCCESSUniversal Technical Institute,Inc.2004 Annual ReportFor nearly 40 years,Universal Technical Institute,Inc.(UTI)has been buildinga tradition of success.While UTI measures its success in many ways,thecompany believes the best measure of its success can be fo
2、und in the stories of its graduates.SUCCESS STORIESUniversal Technical Institute,IncAVONDALE,ARIZONARANCHO CUCAMONGA,CALIFORNIAORLANDO,FLORIDAGLENDALE HEIGHTS,ILLINOISEXTON,PENNSYLVANIAHOUSTON,TEXASNORWOOD,MASSACHUSETTS(OPENING 2005)SACRAMENTO,CALIFORNIA(OPENING 2006)MOORESVILLE,NORTH CAROLINAORLAND
3、O,FLORIDAPHOENIX,ARIZONAORLANDO,FLORIDAHOME OFFICEFUTURE CAMPUSESMOTORCYCLE MECHANICS INSTITUTEMARINE MECHANICS INSTITUTENASCAR TECHNICAL INSTITUTEUNIVERSAL TECHNICAL INSTITUTE20410 N.19TH AVENUE,SUITE 200PHOENIX,AZ 85027WWW.UTICORP.COM(623)445-9500Campus Locations2004:A YEAR OF REMARKABLE SUCCESSDe
4、ar Fellow Shareholders:The year 2004 was a momentous year for Universal TechnicalInstitute,Inc.(UTI).With nearly 40 years as a private company,thisyear was our first as a publicly-traded organization.It was a year ofsolid execution and growth that produced record results in additionto building the f
5、oundation for even greater success in the future.At the heart of UTIs success are three guiding principles:Purpose,People and Profit.They are more than words at UTI.They are the priorities that drive our strategy development,busi-ness operations and daily decisions,ensuring that we stay true toall s
6、takeholder commitments.PURPOSEUTI is focused on creating the greatest total value for all of ourstakeholders.We are passionate about our students.We not onlydeliver them a valuable education,but open a door to a new futureof growth and opportunity in an ever-changing economy.For ourcustomers,the nat