CHANGSHA, China, April 11, 2011 /PRNewswire-Asia/ -- HQ Global
Education Inc. (OTCBB: HQGE) ("HQ" or the "Company"), which
operates 10 vocational schools in China under the "HQ" brand and is one of
China's leading providers of
customized vocational education, today announced the appointment of
Mr. Kevin Chan as a non-executive
director of the Company, effective April 8,
2011. With this change, the Company's Board of Directors now
consists of six members, three of which are independent
directors.
"We welcome Mr. Chan to our Board of Directors and look forward
to working together," stated Mr. Guangwen
He, Chairman and Chief Executive Officer of HQ Global
Education, "Mr. Chan's extensive financial background and
international experience will help us greatly as we continue to
grow as a public company. We believe that his addition demonstrates
our commitment to the establishment of strong corporate governance
and achieves another requirement for up listing onto a National
Exchange."
Mr. Kevin Chan has ten years
investing experience and extensive experience in corporate strategy
and international finance. Mr. Chan is a Partner of SEAVI Advent
Private Equity, a spinoff of the billion dollar middle market
buyout fund, Advent International. Mr. Chan was influential in
opening offices in China for SEAVI
in 2004. Today he oversees operations, is a member of the
Investment Committee and is a SFC Type 9 Licensed Representative.
Prior to SEAVI Advent, Mr. Chan was a specialist in Telecom, Media
and Technology (TMT) investment banking in Asia. He served as an Associate Director at
HSBC, where he co-founded the TMT practice. Mr. Chan received an MA
in Engineering from Cambridge
University, an MS in Electrical Engineering from Polytechnic
University, and an MBA from Columbia Business
School. He is also a member of IEE, IEEE and is a Chartered
Engineer.
About HQ Global Education Inc.
("HQ")
HQ Global Education, Inc. provides customized vocational
training and private education services to students through private
and public vocational schools in China. The HQ Global brand has become
increasingly synonymous throughout China with superior vocational training to
meet employer needs and career fulfillment for students who aspire
to become technical and skilled workers. As of November 30, 2010, student enrollment totaled
37,408 students from 25 provinces throughout China. Through HQ Global's order-oriented
customized education model contractual relationships have been
established with approximately 128 employers to provide training
and internship arrangements for students. HQ Global has maintained
100% job placement for graduates. HQ Global generates revenue from
tuition, campus service and order-oriented service. For more
information please visit: http://www.hq-education.com.
Information Regarding Forward-Looking Statements
Except for historical information contained herein, the
statements in this press release are forward-looking statements
that are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties, which
may cause our actual results in future periods to differ materially
from forecasted results. These risks and uncertainties include,
among other things, product demand, market competition, and risks
inherent in our operations. These and other risks are described in
our filings with the U.S. Securities and Exchange Commission.
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Company
Contact:
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HQ Global Education,
Inc.
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Mr. Guangwen He
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Founder, Chairman &
CEO
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Email:
gw.he@hq-education.com
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Tel: +86-731-8887-3727
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Cell:
+86-139-0849-0637
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www.hq-education.com
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Investor
Contact:
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HSC Global, an affiliate
of HC International
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Alan Sheinwald,
President
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Email:
Alan.sheinwald@hscglobal.net
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Tel: +1-914-669-8885
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www.HSCGlobal.net
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SOURCE HQ Global Education Inc.