CIBT Establishes GLN Partnership with Beijing Language and Culture University
22 Febbraio 2012 - 10:30PM
Business Wire
CIBT Education Group Inc. (NYSE AMEX: MBA) (TSX: MBA)
(“CIBT Group”) is pleased to announce that it has signed a
Memorandum of Understanding (“MOU”) with the Beijing Language and
Culture University (“BLCU”) to establish a Global Learning Network
Center (“GLN Center”) with interactive video conferencing
technology within the BLCU Beijing campus. According to the Beijing
Times newspaper, the research institution of Renmin University
China ranked BLCU as the 44th best university in China in 2010.
Among other prestigious recognitions, BLCU was also named the most
popular university among international students in mainland
China.
Details are available at:
http://exchange.blcu.edu.cn/en/cn/about_us/select.aspx?Basic_ClassID=175&NewsID=369
The programs to be delivered include hospitality programs which
are exclusively licensed to CIBT Group in China by the American
Hotel Lodging Association Educational Institute, and language
programs developed by King George International College., a wholly
owned subsidiary of CIBT Group. Programs will be taught through
interactive video conference technology from Vancouver, Canada as
well as traditional face to face instruction at the BLCU Beijing
campus. The MOU further provides for the transfer of students to
CIBT Group’s schools in Canada, including KGIC and Sprott-Shaw
Degree College.
“This unique partnership with BLCU once again demonstrates our
vision of educating international students with advanced
educational contents developed in North America while creating
bridging opportunities for these students to start their study in
China, complemented by advancing their study and internship in
Canada,” commented Toby Chu, President and CEO, Vice Chairman of
CIBT. “We are also pleased with the rapid deployment of the GLN
Centers, and the number of new academic partners joining our Global
Learning Network. It is important to note that these new academic
partners joining our network are well established, fully accredited
public institutions with substantial credibility and reputation. On
January 18th 2012, CIBT announced the completion of our GLN Center
at Guangzhou University, another tier 1 university in China. These
academic partners and their reputations will certainly reinforce
our future recruitment efforts and enhance the integrity of our
business model.”
About Beijing Language and Culture University:
Beijing Language and Culture University was established in 1962
and is the only university in China that focuses on recruiting
international students to its campus in Beijing, China. Among
universities that specialize in Chinese language and culture, BLCU
is the largest, with the longest history and most well qualified
faculty. Since its foundation, BLCU has trained over 120,000
foreign students from 176 countries. They have more than 700
teachers and approximately 300 of them are professors involved in
research. Currently BLCU has 23 bachelor’s programs, 28 master’s
programs and 15 Ph.D programs.
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
Investor Relations Contact: N. America Toll Free: 1-888-865-0901
Email: info@cibt.net
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 Beijing Language and Culture 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.
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