CIBT Subsidiary Adds Two Centers in Hangzhou
28 Maio 2013 - 10:00PM
Business Wire
CIBT Education Group Inc. (TSX: MBA and OTCQX: MBAIF)
(“CIBT Group”) is pleased to announce that its subsidiary, King
George International College (“KGIC”), one of the largest private
English training schools in Canada, has launched the 2nd and 3rd
KGIC Education Centers (the “Centers”) in Hangzhou, China,
following the launch of its Beijing KGIC Education Center. Hangzhou
is located 180 kilometers southwest of Shanghai with population of
8.7 million and considered one of the wealthiest cities in
China.
The Centers were created from KGIC’s acquisition of Linkman
International Language Institute in March, 2013. These two Centers
will serve as KGIC’s English training brand in China and their
opening represents an important milestone in KGIC’s expansion plan
within the central China region. Unlike the growing number of KGIC
franchisees under development, these two Centers are wholly-owned
subsidiaries of KGIC. Programs offered at these locations are
Canadian English curriculums, with western instructors assisting
students to adapt to the North American school system, starting
from kindergarten and primary school through to university.
The two Centers in Wenyi and Xiaoshan (district of Hangzhou)
cover 800 square meters (8,600 square feet) of campus space and are
equipped with the latest multimedia learning technology and CIBT
Group’s interactive learning platform, the Global Learning Network.
The Centers currently enroll over 500 students and KGIC expects to
see a large increase in registration due to its competitive
advantage of offering western curriculum leveraging a strong
Canadian brand, and focusing on improving students’ interactive
skills in English for the real world.
The Center will offer two major programs aimed at the specific
market niches, “Youth Bridging” and “English for Post-Secondary
Education”. The Youth Bridging Program (“YBP”) is targeted at
Kindergarten to grade 12 students that have a desire to learn
English and to study at North American primary or secondary
schools. The Centers will help these students with entrance exam
and interview (listening and speaking) preparations, with a focus
on improving the student’s interactive skills with Western
teachers. The YBP program conducted in China creates a steady
pipeline of high academic achievers possessing the level of English
proficiency required to pass the vigorous interview and entrance
exam imposed by CIBT Group’s top-ranking elite school partners.
The EPE program (English for Post-Secondary Education) is an
academic English and university preparation program for senior high
school and post-secondary students with an objective of advancing
their studies at North American colleges or universities. KGIC has
established pathway programs with over 25 colleges and universities
in North America. Many of KGICs pathway partners recognize the EPE
program as a measurement of English proficiency, allowing students
to begin their post-secondary education without presenting a TOEFL
or IELTS score.
Pictures of KGIC Education Center can be viewed online at:
http://cibt.net/kgic/hz
About King George International College:
King George International College (“KGIC”) is one of the largest
private English language training schools in Canada, and is
approved by Languages Canada, with eight campuses in British
Columbia, Ontario and Nova Scotia, and overseas recruitment agents
across the globe. KGIC provides a range of English language
training courses and education programs in the areas of English as
a second language (ages 6+), university pathway, business English,
powerspeaking and modern media, and test preparation. KGIC also
offers summer camps, winter camps and an outdoor leadership
program. KGIC enrolls about 8,000 students a year with in-take
throughout the year and program length ranging from 4 weeks to 18
months. King George International Business College-Canada TESOL
Center (KGIBC-CTC”) is a business college registered with Private
Career Training Institutions Agency (of BC). It offers TESOL
training, business management, office management, interpreting and
translation, and career training.
About CIBT Education Group:
CIBT Education Group Inc. (“CIBT Group”) is an education
management company focused on the global education market since
1994. Listed in Canada on the Toronto Stock Exchange and in the
U.S. on the OTCQX International, CIBT Group owns and operates a
network of business, technical and language colleges in North
America and Asia. CIBT Group offers cooperative joint programmes in
18 countries with over 50 campuses, recruitment offices and
training centers enrolling over 13,000 students annually. Its
subsidiaries include Sprott Shaw College (established in 1903),
Acsenda School of Management, CIBT School of Business China, and
King George International College. Through these subsidiaries, CIBT
Group offers Western and Chinese accredited business and management
degrees, programmes in college preparation, healthcare, hotel
management and tourism, English language training, English teacher
certification, junior and high school preparation programmes for
overseas study, and other career/vocational training. CIBT Group
also owns Irix Design Group, a leading design and advertising
company based in Vancouver, Canada, Global Career Center (“GCC”),
and Global Education Alliance (“GEA”). GCC is a job placement call
center located in the Philippines dedicated to providing employment
services to CIBT Group graduates for free throughout their careers.
GEA is the premier solution for international students wishing to
enter elite kindergarten, primary, secondary schools and
universities in North America. Visit us online at www.cibt.net.
For more information contact:
Toby Chu
Vice-Chairman, President & CEO
CIBT Education Group Inc.
Phone: 1-604-871-9909 Email:
info@cibt.net
Investor Relations Contact:
Renmark Financial Communications Inc.
Barry Mire Phone: (416) 644-2020 Email:
bmire@renmarkfinancial.com
John Boidman Phone: (514) 939-3989 Email:
jboidman@renmarkfinancial.com
FORWARD-LOOKING STATEMENTS:
Some statements in this news release contain forward-looking
information (the “forward-looking statements”) about CIBT Education
Group Inc. (“CIBT Group”) and its future plans. Forward-looking
statements are statements that are not historical facts. The
forward-looking statements in this news release are subject to
various risks, uncertainties and other factors that could cause the
company's actual results or achievements to differ materially from
those expressed in or implied by forward-looking statements. With
respect to statements in this news release as to expectations for
the KGIC Hangzhou Education Centers, these risks, uncertainties and
other factors include, without limitation, uncertainty as to the
company's ability to achieve the goals and satisfy the assumptions
of management; and general economic factors and other factors that
may be beyond the control of the company. Forward-looking
statements are based on the beliefs, opinions and expectations of
the company's management at the time they are made, and CIBT Group
does not assume any obligation to update its forward-looking
statements if those beliefs, opinions or expectations, or other
circumstances, should change.
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