Cephas Discusses Significant Market Opportunities in South Africa
14 June 2013 - 12:11AM
Marketwired
Cephas Holding Corp (PINKSHEETS: CEHC) today outlined what it
believes to be market opportunities for its wholly owned business
unit Global Leadership Institute (www.gli360.com) in South Africa.
South Africa has the most advanced economy in Africa with a
growing middle class. Based on GLI's research and exit interviews
with past students, there is a strong desire for branded education
such as the previous programs that the company ran with Stanford
University. The company estimates that the government of South
Africa spends approximately $2 billion annually on training, skills
development, and executive education.
The importance of this market is expected to be highlighted even
further when President Obama visits South Africa in July.
GLI is run by Mr. David Altman, a native of South Africa, who
has been a senior advisor to the Business Council for International
Understanding for the past ten years. His activities include
establishing relationships with senior public and private sector
leaders to develop trade and media outreach missions and joint
programs focused on job creation through entrepreneurship. Mr.
Altman was the Executive Director of the US Export Council, an
initiative established in 1993 during the Clinton Administration in
cooperation with the US Department of Commerce to facilitate trade
between the US, Southern Africa and the Middle East.
Additionally, to assist with execution of its plans, the company
has secured the services of a number of leading experts. Company
experts are drawn from world recognized institutions such as
Macquarie, American University, and Cornell University, as well as
from the Clinton Administration.
FORWARD-LOOKING STATEMENT: This press release contains
forward-looking statements, including statements. The
forward-looking statements are subject to risks and uncertainties.
Readers should not place undue reliance on the forward-looking
statements. Cephas does not undertake any obligation to publicly
revise these forward-looking statements to reflect subsequent
events or circumstances. In addition, any forward looking
statements regarding forward expected industry patterns and other
financial and business results that involve known and unknown
risks, uncertainties and other factors that may cause our actual
results, levels of activity, performance or achievements to differ
materially from results expressed or implied by this press release.
Such risk factors include, among others: whether Cephas can
successfully execute its operating plan; its ability to retain key
employees; risks associated with operating internationally, general
market conditions. Actual results may differ materially from those
contained in the forward-looking statements in this press
release.
Cephas Holding info@cephasx.com (623) 738-5792