TTI Thiogenesis Therapeutics Corp

CIBT Education Group Inc. (TSX VENTURE:MBA)(AMEX:MBA) is pleased to report that
it has acquired Tourism Training Institute ("TTI"), an accredited education
institution headquartered in Vancouver, Canada with branch offices in Beijing,
China. TTI is an established educator and has been in operation for 19 years in
Vancouver's Lower Mainland and for 4 years in China. CIBT has acquired selective
assets including approvals but no liabilities, of TTI. TTI's Canadian operations
will be integrated with Sprott-Shaw Community College ("SSCC"), a subsidiary of
CIBT. TTI's operations in Beijing will be consolidated with CIBT operations in
China.


Post acquisition, TTI will become a specialist in the CIBT Education Group of
companies by focusing on specialized degree and diploma programs such as hotel
management, travel tourism, gaming and resort management, convention management,
flight attendant training and other hospitality programs in China and Asia
Pacific. Senior management from TTI will be retained to continue the TTI
operations and expand this new division for CIBT, as well as providing
professional advice to CIBT's Canadian subsidiary, SSCC. TTI's exclusive
distribution rights for the Educational Institute of the American Hotel &
Lodging Association Licenses (AHLA-EI) and its Chinese language curricula will
become valuable assets in growing CIBT's travel and tourism division.


"According to tourism industry reports, China and other neighboring
countries/cities such as South Korea, Hong Kong, Macau and Thailand are
expecting significant growth in the travel tourism sector in the coming years,"
commented Toby Chu, Vice-Chairman and CEO of CIBT. "Our acquisition of TTI is
intended to increase our revenue, reduce the learning curve for our new
division, and expand the breadth and depth of our management expertise."


About Tourism Training Institute:

Setting global standards, TTI is a world leader in the development, and delivery
of tourism educational systems from entry to management levels. TTI delivers on
a single promise - to provide students with marketable skills in an increasingly
automated and competitive world. Tourism is now the world's largest and fastest
growing industry. The skills learned at TTI are transferable across North
America, into Europe and the emerging destinations in the Asia-Pacific region.
The Tourism Training Institute provides professional education designed to help
people of diverse backgrounds learn new skills and advance existing careers.


About CIBT Education Group Inc.:

CIBT is an education management and investment company with a special focus on
the global education market. Its subsidiaries, CIBT School of Business &
Technology Corp., Tourism Training Institute and Sprott-Shaw Degree College
Corp., which is comprised of Sprott-Shaw Degree College, Sprott-Shaw Community
College, Sprott-Shaw International Language College, possess a combined
operating history of over 118 years in China and Canada's education sectors.
CIBT owns and operates a network of 45 business and language colleges with a
presence in Canada, China, Vietnam, Jordan and the Philippines. CIBT delivers
North American and Chinese accredited business and management degree programs,
automotive, and diesel maintenance programs, IT programs, travel and tourism
programs and career/vocational programs through its network of campuses across
China and Canada. In 2006, CIBT initiated plans to aggressively expand its
business presence to over 50 CIBT teaching locations in China by 2010 and to
establish schools in other parts of Asia including South Korea, Thailand,
Malaysia and India.


CIBT Education Group Inc.

Toby Chu, President & CEO

Legal Notice Regarding Forward-Looking Statements: "Forward-looking Statements"
as defined in the Private Securities Litigation Reform Act of 1995 may be
included in this news release. These statements relate to future events or
CIBT's future financial performance. These statements are only predictions and
may differ materially from actual future results or events. CIBT disclaims any
intention or obligation to revise any forward-looking statements whether as a
result of new information, future developments or otherwise. There are important
risk factors that could cause actual results to differ from those contained in
forward-looking statements, including, but not limited to risks associated with
changes in general economic and business conditions, actions of CIBT's
competitors, the extent to which CIBT is able to develop new services and
markets for their services, the time and expense involved in such development
activities, the level of demand and market acceptance of their services and
changes in our business strategies.


This news release shall not constitute an offer to sell or the solicitation of
an offer to buy securities in any jurisdiction.

Grafico Azioni Thiogenesis Therapeutics (TSXV:TTI)
Storico
Da Mag 2024 a Giu 2024

Grafico Azioni Thiogenesis Therapeutics (TSXV:TTI)
Storico
Da Giu 2023 a Giu 2024