Universal Technical Institute, Inc. Announces New Training Contract With Cummins Rocky Mountain, LLC

PHOENIX, Aug. 7, 2006 -- Universal Technical Institute, Inc. , a provider of technical education training, announced today that the company has signed a training contract with Cummins Rocky Mountain, LLC ("Cummins"), the exclusive distributor of Cummins Inc. and Onan Corporation products for the Rocky Mountain and Southwest Areas, a region covering nine states. As part of the contract, Cummins will supply specialized equipment and tools to UTI, as well as curriculum that will support its unique training needs. Students who successfully complete their training will be Cummins qualified technicians. The fifteen week, student-paid graduate technician training program devoted to Cummins Inc. diesel engine diagnosis and repair is scheduled to begin during the second quarter of fiscal 2007 and is planned to be offered through UTI's Custom Training Group at the existing UTI location in Avondale, AZ.

Kim McWaters, President and Chief Executive Officer, commented, "The Company is pleased to announce UTI's new relationship with Cummins Rocky Mountain to provide a fifteen week graduate training program at UTI. A key component of our strategy includes the development of new relationships that provide value to our industry customers and our students. Aligning with Cummins Rocky Mountain allows us the opportunity to expand our diesel relationships, and will support strong employment opportunities for the programs' graduates. Students who opt to take this type of specialty training will have greater opportunities to obtain top jobs using their specialty skills at Cummins distributors and dealers nationwide. In turn, Cummins benefits from a more proficient entry level technician trained specifically to meet their needs. We are excited to add Cummins Rocky Mountain to our list of valued customers at UTI."

About Universal Technical Institute

Universal Technical Institute, Inc. is a provider of technical education training for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians. The company offers undergraduate degree, diploma and certificate programs at ten campuses across the United States, and manufacturer-sponsored advanced programs at 20 dedicated training centers. Through its campus-based school system, Universal Technical Institute, Inc. offers specialized technical education programs under the banner of several well-known brands, including Universal Technical Institute (UTI), Motorcycle Mechanics Institute and Marine Mechanics Institute (MMI) and NASCAR Technical Institute (NTI).

About Cummins Rocky Mountain

Cummins Rocky Mountain is the exclusive distributor of Cummins Inc. and Onan Corporation products for the Rocky Mountain and Southwest Areas. Headquartered in Denver, Colorado, Cummins Rocky Mountain has 14 locations throughout Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Texas, Utah and Wyoming to serve its customers with the finest products in the industry. Its 660 plus employees are dedicated to delivering the "Best Every Time, Every Day" with the goal of earning customers for life!

Statements in this press release concerning the future business, operating results and financial condition of the company are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are based upon management's current expectations and are subject to a number of uncertainties that could cause actual performance and results to differ materially from the results discussed in the forward-looking statements. Factors that could affect the company's actual results include changes to federal and state educational funding, construction delays for new or expanding campuses, possible failure or inability to obtain regulatory consents and certifications for new or expanding campuses, potential increased competition, changes in demand for the programs offered by the company, increased investment in management and capital resources, the effectiveness of the company's recruiting, advertising and promotional efforts, changes to interest rates and low employment. Further information on these and other potential factors that could affect the company's financial results or condition may be found in the company's filings with the Securities and Exchange Commission, all of which are incorporated herein by reference. The company undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.