Avalon Correctional Services, Inc. Stock

Avalon Correctional Services, Inc. (Avalon) is a developer and operator of halfway houses in Oklahoma, Texas and Wyoming. The Company's halfway houses and local, community partners provide men and women with the skills, guidance, knowledge, and resources necessary to make the transition from incarceration to free society. The Company offers residential reentry facilities, drug courts and treatment centers, among others. It provides housing, food, counseling, training, and other services to those in its care. The Company's facilities include Austin Residential Reentry Center, Austin Transitional Center, Carver Transitional Center, Carver Center Veteran Residential Program, Cheyenne Transitional Center, Corpus Christi Transitional Center, Dallas Transitional Center, El Paso Multi-Use Facility, El Paso Transitional Center, Fort Worth Transitional Center, Turley Residential Center and Tulsa Transitional Center. The Company is a subsidiary of CCA.