Capella University Wins Prestigious Minnesota Tekne Award

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The Minneapolis-based online university wins in the "technology user" category.

innovative application of products or services resulting in dramatic business improvement or market advantage.

The Minnesota Tekne Awards named Capella University (http://www.capella.edu ), an accredited, fully online university based in Minneapolis, the winner in its Technology User category at an award ceremony last night at the Minneapolis Convention Center. Capella, which was a finalist along with Ecolab and Honeywell, was chosen for demonstrating an "innovative application of products or services resulting in dramatic business improvement or market advantage."

Among the first completely online IT programs, Capella's program was built based on the needs and competencies identified by technology experts within top Minnesota companies, including 3M, Medtronic and Honeywell. Capella recently launched what is believed to be the nation's first and only fully online PhD program for IT, which is also significant because very few institutions--whether online or land-based--offer doctoral programs in IT.

The Minnesota Tekne Awards (http://www.tekneawards.org) honor companies, innovations and individuals that positively impact Minnesota's technology-based economy. They are presented by the Minnesota High Tech Association (http://www.mhta.org) in partnership with LifeScience Alley and Minnesota Technology, Inc. The awards are attended by Minnesota business, technology and political leaders.

"It is my honor to accept this award on behalf of Capella University's faculty and staff that work each day to make our IT degree programs the best they can be for our technology learners and the organizations that they serve," said Kurt Linberg, dean of Capella's School of Business and Technology.

Capella serves more than 2,000 students in its online information technology-related bachelor's, master's and PhD degree programs. It was also recently designated as a Center for Academic Excellence in Information Assurance Education by the National Security Agency (NSA) and the Department of Homeland Security.

About Capella University:
Founded in 1993, Capella University is an accredited*, fully online university that offers graduate degree programs in business, information technology, education, human services, psychology, public health, and public safety, and bachelor's degree programs in business, information technology, and public safety. Within those areas, Capella offers 104 graduate and undergraduate specializations and 15 certificate programs, as of October 23, 2007. The online university currently serves more than 20,000 students from all 50 states and 56 countries. It is committed to providing high-caliber academic excellence and pursuing balanced business growth. Capella University is a wholly-owned subsidiary of Capella Education Company (NASDAQ: CPLA), headquartered in Minneapolis. For more information, please visit http://www.capella.edu or call 1.888.CAPELLA (227.3552).

*Capella University is accredited by The Higher Learning Commission and is a member of the North Central Association of Colleges and Schools (NCA), http://www.ncahlc.org.

Capella University, 225 South Sixth Street, Ninth Floor, Minneapolis, MN 55402, 1.888.CAPELLA (227.3552), http://www.capella.edu.

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MICHAEL WALSH
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