VANCOUVER, May 11 /CNW/ - CIBT Education Group Inc. (NYSE AMEX: MBA) (TSX: MBA) ("CIBT") CIBT reports that its wholly owned subsidiaries, Sprott-Shaw
Degree College and King George International College (collectively,
"CIBT Schools"), have signed cooperation agreements with DeVry
University ("DeVry") of Downers Grove, Ill., one of the largest,
private sector universities in North America with more than 90
The articulation agreements will allow students from CIBT Schools to
start their program at CIBT Schools around the world and complete their
study at any DeVry University campus in the United States. Courses
completed at CIBT Schools that are covered by the articulation
agreements are fully recognized by DeVry University. DeVry University and CIBT
Schools are also working together to develop university pathway
programs so that students at CIBT Schools in China and other parts of
Asia can better prepare themselves for enrolling at DeVry University.
"As one of the leading international education providers in China and
Canada, we actively enrol over 8,000 international students to study in
Canada and Europe from 42 countries around the world," commented Toby
Chu, President, CEO and Vice Chairman of CIBT. "This cooperation with
DeVry University will open up additional transferability for students
to study in the United States in addition to Canada and Europe. We
feel that this is a synergistic and beneficial move between CIBT Group
of schools, DeVry University, and our students at large."
"This cooperative effort represents a significant step toward DeVry
University's goal of globalization with an increasing number of
international students pursuing undergraduate and graduate degrees at
DeVry University campuses in the United States," said James Kho, vice
president business development at DeVry University.
About DeVry University:
Founded in 1931, DeVry University is one of the largest, private sector
universities in North America, with nearly 93,000 students enrolled in
the United States and Canada. The university's mission is to foster
student learning through high-quality, career-oriented education
integrating technology, business, science and the arts. With more than
90 locations, DeVry University delivers practitioner-oriented
undergraduate and graduate degree programs onsite and online that meet the needs of a diverse and geographically
dispersed student population. Home to five colleges of study, including
Business & Management, Engineering & Information Sciences, Health
Sciences, Liberal Arts & Sciences, and Media Arts & Technology, DeVry
University's outstanding faculty members work in the fields that they
teach, providing students with real-world experiences that prepare them
for high-growth careers.
DeVry University is institutionally accredited by The Higher Learning
Commission of the North Central Association, www.ncahlc.org. DeVry University, a part of DeVry Inc. (NYSE: DV), is based in Downers
Grove, Ill. For more information about DeVry University, find us on
Twitter @DeVryUniv, Facebook/DeVryUniversity or visit www.devry.edu.
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 at
over 70 locations 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 Association Educational Institute (ALHA-EI) in
China and the Philippines, and the WyoTech Automotive Institute for
China. CIBT also owns Irix Design Group, a leading design and
advertising company based in Vancouver, Canada.
ON BEHALF OF THE BOARD OF DIRECTORS
Vice-Chairman, President & CEO
This news release contains 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 statements
in this news release that state the potential development of future
programs and synergistic benefits of the cooperation, 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 by DeVry; 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 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.
SOURCE CIBT Education Group Inc.
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