VANCOUVER,
Jan. 18, 2012 /PRNewswire/ - CIBT
Education Group Inc. (NYSE: MBA) (AMEX: MBA) (TSX: MBA) ("CIBT
Group") is pleased to announce the completion of its Global
Learning Network Center ("GLN Center") located within Guangzhou University, in Guangzhou's Higher Education Mega Center,
China.
The GLN Center is fully equipped with professional
grade video conferencing teaching and learning equipment which
forms part of our Global Learning Network in China. Programs to be delivered at this
location include English Second Language, University Pathway, TESOL
(English Teacher certification), Overseas Study Preparation and
eventually Sprott-Shaw's degree transfer programs to Canada and the
United States. Photos of the GLN Center are available
at: www.cibt.net/Guangzhou.php.
"We are very pleased to have established this
strategic relationship with Guangzhou University, one of the top elite
universities in China," commented
Toby Chu, President and CEO, Vice
Chairman of CIBT Group. "This strategic relationship and our
physical presence within Guangzhou
University will allow CIBT Group to duplicate its
Hub-and-Spoke business model using our Global Learning Network to
connect an expansive network of academic partners in Southern China, which is one of the fastest
growing markets in China
today."
About Guangzhou
City:
Guangzhou is the
third largest city in China with a
population of approximately 15 million. Guangzhou is the capital city of Guangdong province, the most populated
province in China with a
population of approximately 110 million and GDP exceeding
US$572 billion, the highest among all
provincial level provinces in China. Guangzhou is also known as the city with the
fastest growing economic port in China and is located less than 180 km from
Hong Kong.
About Guangzhou
University:
According to Chinese university ranking website
At0086.com, the largest online platform providing information to
foreigners about Chinese universities, studies as a foreign student
in China, relocating to
China, Chinese government
services, travel information, and general product and service
offerings in China, Guangzhou University earned the following
rankings among over 1,600 universities in China:
- 18th best university in Law
- 5th best university in Business Studies
- 18th best university in History
- 17th best university in Medicine
- 7th best university in Pharmacy
Guangzhou
University's history dates back to 1927. The university is
affiliated with both the Guangzhou Municipal Government and
Guangdong Provincial Government,
though the larger part of the university's funding is generated
from the Guangzhou Municipal Government. The university is made up
of two campuses. The main campus is located in Guangzhou Higher
Education Mega Center and covers a total area of 325 acres, with a
building floor space of 3.57 million square feet. The other
campus is located in the downtown core of Guangzhou, covering 49 acres.
The university is committed to expanding its
undergraduate programs, graduate programs and international
programs. The university comprises of 26 schools, and is authorized
to run 3 PhD level degrees, 27 graduate level degrees, and 5
professional graduate degrees including pedagogy, engineering,
physical education, art and international Chinese language
teaching. It also offers 69 undergraduate degrees with disciplinary
fields including philosophy, history, literature, law, pedagogy,
art, science, engineering, management and economics.
About CIBT Education Group:
CIBT Education Group Inc. is an education
management company focused on the global education market. Listed
on the Toronto Stock Exchange and the NYSE Amex, CIBT Group owns
and operates a network of business, technical and language colleges
and has cooperative joint programmes in 18 countries. Its
subsidiaries include Sprott-Shaw Community College (established in
1903), Sprott-Shaw Degree College,
CIBT School of Business China, and King George International College. Through these subsidiaries,
CIBT Group offers Western and Chinese accredited business and
management degrees, and programmes in college preparation,
automotive maintenance, information technology, hotel management
and tourism, English language training, English teacher
certification, and other career/vocational training. In addition to
its wholly-owned subsidiaries, CIBT Group is the exclusive licensee
for the American Hotel & Lodging Educational Institute (AHL-EI)
in China and the Philippines, and the WyoTech Automotive
Institute for China. CIBT Group
also owns Irix Design Group, a leading design and advertising
company based in Vancouver,
Canada.
ON BEHALF OF THE BOARD OF DIRECTORS
"Toby Chu"
Toby Chu
Vice-Chairman, President & CEO
FORWARD-LOOKING STATEMENTS:
Some statements in this news release contain forward-looking
information (the "forward-looking statements") about CIBT Education
Group Inc. 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 the statement in this news release as to expected operations of
the Guangzhou University GLN Center, 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; uncertainties as to the demand for the programs
offered; 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.
Neither the NYSE Amex nor the
Toronto Stock Exchange accepts responsibility for the adequacy or
accuracy of this news release.
SOURCE CIBT Education Group Inc.