Newly Hired Recruiting Agent in Mexico and Summer 2023 English Program
for Mexican Students Expected to Spur Enrollment
MIDDLETOWN, Ohio, March 30,
2023 /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, today announced that
Davis College hired a recruiting agent
in Mexico during the first
calendar quarter of 2023 to initiate Latin American (LATAM)
recruitment activities as part of its international expansion
strategy. This would be the Company's first entry into the LATAM
markets, augmenting its numerous ASEAN country initiatives, and an
integral part of its international expansion strategy.
"We are pleased to announce this recruiting initiative to enter
the Latin American market which is a key part of our international
expansion strategy," commented Jianbo
Zhang, Chairman and CEO. "This effort adds to our many
expected educational collaborations with institutions of higher
education around the world. By entering international educational
markets, we are expanding our student body, broadening our academic
programming and leveraging our unique culture of learning and
student advancement. We believe that we occupy a distinct niche in
the education field and believe that our strategy of
internationalization brings out the very best in academia and
student achievement."
The Company's LATAM recruiting plan includes identifying
international institutions such as high schools that have
international interests and goals for their students; making
connections with LATAM educational institutions such as
colleges and universities for partnership opportunities; developing
programs that allow for a range of activities such as student and
faculty exchanges; collaborating on scholarly curriculum
development, summer school programs and online workshops; and
working with the appropriate LATAM educational agents with the
right perspective and resources for effective recruitment.
EpicQuest Education is committed to executing upon its
strategic growth plan of international expansion. The
Company is seeking to expand its educational ecosystem through
potential international collaborations to provide an enriched
intercultural education for its students. Through memoranda of
understanding between Davis College and numerous institutions
of higher learning, including ICBT Campus of Sri Lanka, Isabela State University of the Philippines, PSB Academy of
Singapore, Infrastructure University of Malaysia, Anhui Business College of
China, Chongqing Technology and
Business Institute of China and
Davao College of the Philippines,
the Company is seeking to further realize its goals of diversity,
inclusion and internationalization.
In addition, as part of its LATAM recruitment initiative,
EpicQuest Education has created an English as a Second Language
(ESL) summer program for July 16-30,
2023 offered by Davis College
for high school students from Mexico. The students will be taking English
language classes as well as attending a variety of activities
to gain an experience of collegiate life. The Company plans to
ultimately expand its summer program to include EduGlobal College,
and believes that its summer program will lead to significant
recruitment opportunities.
EpicQuest Education is committed to its strategic growth plan of
offering globalized learning to its student body as well as pathway
programs to achieve advanced university degrees. A vital component
of the Company's plan is to internationalize its operations by
building cross-border collaborative relationships with institutions
of higher learning, developing recruiting relationships in selected
international markets, and making strategic acquisitions around the
globe.
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. Through its wholly-owned subsidiary in Canada Highrim Holding International Limited,
the Company owns 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 owns 70% of the equity of
Ameri-Can Education Group Corporation, the holding company of
Davis College, a career training
college located in Toledo, Ohio.
In addition, the Company has a recruiting relationship with the
Miami University 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 UK. 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 in this press release include, without
limitation, the Company's ability to implement its international
strategy as described. 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