EduGlobal's PTIB-Approved Programs Tripled and
All Academic Programs Increased by 50%
MIDDLETOWN, Ohio, April 22,
2024 /PRNewswire/ -- EpicQuest Education Group
International Limited (NASDAQ: EEIQ), ("EpicQuest Education",
"EEIQ" or the "Company"), a provider of higher education for
domestic and international students in the US, Canada and the UK, today announced that on
March 28, 2024, two new cooperative
("co-op") diploma programs at EduGlobal College ("EduGlobal") have
been approved by Private Training Institutions Branch ("PTIB") of
British Columbia, which regulates
private training institutions. The co-op program entails students
alternating between attending academic semesters at EduGlobal with
working at paid, full-time jobs, and are scheduled to commence for
the Fall semester in September
2024.
Jeff Romonko, Campus Director of
EduGlobal College, commented, "With today's increasing trend of
college-age people foregoing college for full-time jobs, we believe
that EduGlobal's new co-op programs are ideal for students who may
not ordinarily pursue higher education as it provides them with a
great hybrid approach and a high return on investment. Given this
dynamic, we are very pleased to have received the approvals from
the PTIB since it also gives us the opportunity to dramatically
expand the student population that we serve."
"As tuition costs can deter or delay students from achieving
their academic goals, co-op programs can keep students on track to
achieve their degrees in a timely fashion. In addition, co-op
programs can result in students receiving full-time employment
offers at these same firms as soon as students complete their
academic programs. We are very pleased to offer the two new co-op
programs since it reinforces our value proposition of providing
skills-based educations at both EduGlobal and Davis University,"
concluded EduGlobal Campus Director Jeff
Romonko.
The two co-op programs are for a two-year Business Studies
Diploma and a one-year Business Studies Certificate. Both programs
require students to alternate semesters between attending academic
semesters with placement at paid, full-time jobs. The two new
programs adds to the program that EduGlobal had been offering, and
both programs are designed with international students in mind,
featuring a blend of delivery methods to accommodate different time
zones and learning preferences. This format supports EduGlobal
College's strategy to make quality Canadian education accessible to
students from around the globe.
EduGlobal's co-op programs are a cornerstone of our commitment
to career readiness, integrating classroom studies with real-world
work experience. This approach not only enhances learning but also
significantly improves EduGlobal's graduates' employability and
integration into the Canadian business environment. The Company
believes that the new co-op programs are in perfect alignment with
its core mission of providing practical educational programming to
help students secure sustainable, well-paying jobs.
About EduGlobal College
EduGlobal College is a private college located in the Metro
Vancouver area, British Columbia.
EduGlobal College provides English language programs for
international students who are seeking academic and career
advancement and specializes in English for Academic Purposes (EAP)
programs (also known as English as a Second Language, or ESL,
programs) that focus on helping international students acquire the
advanced competencies in academic English that will be necessary
for them to complete their degree programs. In tandem with its EAP
program, EduGlobal College offers first-year university courses and
a Master's Academic Preparation Program to help prepare
international students who have completed a bachelor's degree and
aspire to pursue graduate studies at a Canadian university.
EduGlobal College also offers students an innovative model for
bridging the gap between private and public sector post-secondary
education in Canada through its
pathway program, and a co-op program where students alternate
between attending academic semesters at EduGlobal with working at
paid, full-time jobs. EduGlobal College is approved by The Private
Training Institutions Branch (PTIB) of the Ministry of Advanced
Education and Skills Training in the Province of British Columbia. For more information, please
visit https://eduglobalcollege.com/.
About EpicQuest Education Group International
Limited
EpicQuest Education Group International Limited ("EpicQuest
Education" or the "Company") provides comprehensive education
solutions for domestic and international students seeking
university and University degrees in the US, Canada and the UK. The Company owns and
operates EduGlobal University, based in British Columbia, Canada, which focuses on
English proficiency educational programming for students pursuing
academic degrees. The Company operates and is a 70% owner of Davis
University, a career training University located in Toledo, Ohio. In addition, the Company has a
recruiting relationship with the Miami
University Regional campuses, where it maintains residential
facilities, a full-service cafeteria, recreational facilities,
shuttle buses and an office for the regional campuses that provides
study abroad and post-study services for its students; these
facilities are not owned, maintained, operated or are a part of
Miami University. The Company is also a
recruiting agent for the University of the West of Scotland (through The Education Group
(London) Ltd) and Coventry University, both of which are located
in the UK. EpicQuest Education recently established a wholly owned
subsidiary, Gilmore Inv LLC, in Ohio, that will offer international
educational programs related to kinesiology and recreation
education. The Company also established a company in Ohio, SouthGilmore LLC that has been formed to
organize sports-related entertainment projects, which is 40% owned
by Gilmore. For more information, please
visit www.epicquesteducation.com/.
Safe Harbor Statement
Certain of the statements made in this press release are
"forward-looking statements" within the meaning and protections of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements include statements with respect to our
beliefs, plans, objectives, goals, expectations, anticipations,
assumptions, estimates, intentions, and future performance, and
involve known and unknown risks, uncertainties and other factors,
which may be beyond our control, and which may cause the actual
results, performance, capital, ownership or achievements of the
Company to be materially different from future results, performance
or achievements expressed or implied by such forward-looking
statements. All statements other than statements of historical fact
are statements that could be forward-looking statements. You can
identify these forward-looking statements through our use of words
such as "may," "will," "anticipate," "assume," "should,"
"indicate," "would," "believe," "contemplate," "expect,"
"estimate," "continue," "plan," "point to," "project," "could,"
"intend," "target" and other similar words and expressions of the
future.
All written or oral forward-looking statements attributable to
us are expressly qualified in their entirety by this cautionary
notice, including, without limitation, those risks and
uncertainties described in our most recent Form 20-F and otherwise
in our SEC reports and filings. Such reports are available upon
request from the Company, or from the Securities and Exchange
Commission, including through the SEC's Internet website at
http://www.sec.gov. We have no obligation and do not undertake to
update, revise or correct any of the forward-looking statements
after the date hereof, or after the respective dates on which any
such statements otherwise are made.
Contacts:
EpicQuest Education Group International Limited
+1
513-649-8350
info@epicquesteducation.com
Investor Relations:
Precept Investor Relations
LLC
David Rudnick
+1 646-694-8538
david.rudnick@preceptir.com
Source: EpicQuest Education Group International
Limited
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SOURCE EpicQuest Education Group International Limited