MIDDLETOWN, Ohio, Oct. 12,
2022 /PRNewswire/ -- EpicQuest Education Group
International Limited (NASDAQ: EEIQ), ( "EpicQuest Education"
or the "Company"), a provider of comprehensive education solutions
for domestic and international students interested in college and
university programs in the US, Canada and the UK, announced today several
updates as to its owned and operated colleges, Davis College (70% equity ownership of Ameri-Can
Education Group Corp. which has the right to the underlying equity
of Davis College) and EduGlobal College
(80% equity ownership).
EpicQuest Education Provides Updates as to
its Owned and Operated Colleges
Davis College: Update of
Memorandum of Understanding with PSB Academy
of Singapore
As an update to the non-binding Memorandum of Understanding
("MOU") that EpicQuest Education signed with PSB Academy ("PSB") on
July 15, 2020, PSB confirmed that it
will recognize the credits earned by Davis
College students from the business or economics programs of
Davis College. Further, PSB will grant
them entry to selected programs at PSB which can lead to PSB
undergraduate business administration degrees. PSB Academy is a
private educational institution that offers certificates, diplomas,
bachelor's and master's degree programs in Singapore.
Davis College: Certificate
Program for Venture Start-Ups
Davis College has developed a
Certificate Program for Venture Start-Ups for the Fall Semester. So
far, ten students have enrolled for the program. The program
started on September 30, 2022, and
will last for four weeks. The program incorporates round-table
discussions, team building, market valuation and SWOT analysis, and
business plans which aims to prepare entrepreneurs to start their
own businesses. In this cohort, our students are from Iceland, Iran, China
and Nigeria. Davis College plans upon developing additional
certificate programs that equip students with the knowledge and the
practical skills that they need to meet the specific needs of
today's global marketplace.
Davis College: International
Recruitment
For the quarter starting in late August, Davis College has broadened its recruitment
strategy as it has currently enrolled a total of 37 international
students, including 24 from China,
who have chosen Davis College for their
study abroad programs. With this progress,
Davis College is beginning to execute
on its mission to recruit students from abroad to internationalize
its student base.
"We are proud to report substantial progress at
Davis College to implement our mission
of internationalization through cross-border academic
collaborations and a broadened recruitment strategy to enable a
further internationalization of the college. We are intent upon
creating a global learning experience that can lead to good careers
in the global marketplace as well as lifelong enrichment for our
students," commented Diane Brunner,
President of Davis College.
EduGlobal College: Education Quality Assurance
Designation
EduGlobal College has been approved for Education Quality
Assurance (EQA) designation in British
Columbia, Canada through May 31,
2023. Among other accreditations, it enables EduGlobal
College to host international students on study permits and allows
the college to participate in overseas recruitment and partnership
events organized by the federal Department of Global Affairs
Canada. The EQA designation is available to public and private
institutions in British Columbia
that meet or exceed institutional quality assurance standards set
by the province of British
Columbia.
Mr. Sylvester Chen, Chief
Executive Officer of EduGlobal College, stated, "We are pleased to
have receive this highly important designation as it enables us to
effectively promote awareness of our English for Academic Purposes
program and the articulated university credit transfer pathways. We
believe the designation will bolster our mission to attract a
diverse student body from China,
India, LATAM, the ASEAN countries
and other regions and internationalize our campus."
About Davis College
Davis College was founded in 1858
and is a private, two-year career training college located in
Toledo, Ohio. Davis College offers a specialized professional
career training curriculum in the fields of business, medical, and
early childhood education. The college's mission is to provide
marketable skills that enhance the employability of its graduates.
Davis College offers coursework
flexibility to ensure program success as well as externship
opportunities that provide its student population with real-world
skill sets prior to graduation. In addition, Davis College has agreements with numerous
four-year US universities for 'transfer pathway' programs that pave
the way for students from two-year colleges to gain admission while
being able to transfer their course credits. Davis College is accredited by The Higher Learning
Commission and the Ohio State Board of Career Colleges and Schools
with programs authorized by the Ohio Board of Higher Education. For more
information, please visit https://www.daviscollege.edu/.
About EduGlobal College
EduGlobal College is a private college located in the Metro
Vancouver area, British Columbia,
Canada. EduGlobal College provides English language programs
for international students who are seeking academic and career
advancement and specializes in English for Academic Purposes (EAP)
programs (also known as English as a Second Language, or ESL,
programs) that focus on helping international students acquire the
advanced competencies in academic English that will be necessary
for them to complete their degree programs. In tandem with its EAP
program, EduGlobal College offers first-year university courses and
a Master's Academic Preparation Program to help prepare
international students who have completed a bachelor's degree and
aspire to pursue graduate studies at a Canadian university.
EduGlobal College also offers students an innovative model for
bridging the gap between private and public sector post-secondary
education in Canada through its
pathway program. EduGlobal College is approved by The Private
Training Institutions Branch (PTIB) of the Ministry of Advanced
Education and Skills Training in the Province of British Columbia, Canada. For more
information, please visit https://eduglobalcollege.com/.
About EpicQuest Education Group International
Limited
EpicQuest Education Group International Limited ("EpicQuest
Education" or the "Company"), through its subsidiaries Quest
Holding International LLC and Highrim Holding International
Limited, provides comprehensive education solutions for domestic
and international students interested in university and college
degree programs in the US, Canada
and the UK. The Company has acquired 80% of the equity of EduGlobal
College, based in British Columbia,
Canada, which focuses on English proficiency educational
programming for students pursuing academic degrees. The Company has
also acquired the right to a 70% equity ownership position in
Davis College, a career training
college located in Toledo, Ohio.
In addition, the Company has a recruiting relationship with the
regional campuses of Miami University of
Ohio ("the MU Regional Campuses"), where it maintains
residential facilities, a full-service cafeteria, recreational
facilities, shuttle buses and an office for the regional campuses
that provides study abroad and post-study services for its
students; these facilities are not owned, maintained, operated or
are a part of Miami University. The
Company also acts as a recruiting agent for the University of the
West of Scotland (through The
Education Group (London) Ltd) and
Coventry University, both of which
are located in the United Kingdom.
For more information, please
visit https://www.epicquesteducation.com/.
Safe Harbor Statement
Certain of the statements made in this press release are
"forward-looking statements" within the meaning and protections of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements include statements with respect to our
beliefs, plans, objectives, goals, expectations, anticipations,
assumptions, estimates, intentions, and future performance, and
involve known and unknown risks, uncertainties and other factors,
which may be beyond our control, and which may cause the actual
results, performance, capital, ownership or achievements of the
Company to be materially different from future results, performance
or achievements expressed or implied by such forward-looking
statements. All statements other than statements of historical fact
are statements that could be forward-looking statements. You can
identify these forward-looking statements through our use of words
such as "may," "will," "anticipate," "assume," "should,"
"indicate," "would," "believe," "contemplate," "expect,"
"estimate," "continue," "plan," "point to," "project," "could,"
"intend," "target" and other similar words and expressions of the
future.
All written or oral forward-looking statements attributable to
us are expressly qualified in their entirety by this cautionary
notice, including, without limitation, those risks and
uncertainties described in our most recent Form 20-F and otherwise
in our SEC reports and filings. Such reports are available upon
request from the Company, or from the Securities and Exchange
Commission, including through the SEC's Internet website at
http://www.sec.gov. We have no obligation and do not undertake to
update, revise or correct any of the forward-looking statements
after the date hereof, or after the respective dates on which any
such statements otherwise are made.
Contacts:
EpicQuest Education Group International Limited
+1
513-649-8350
ir@eei-global.net
Investor Relations:
Precept Investor Relations LLC
David Rudnick
+1 646-694-8538
david.rudnick@preceptir.com
Source: EpicQuest Education Group International
Limited
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SOURCE EpicQuest Education Group International Limited