VANCOUVER, April 4 /CNW/ - CIBT Education Group Inc. (NYSE AMEX and TSX symbol: MBA) ("CIBT") announces that its President & CEO, Toby Chu, has released a
letter to shareholders and prospective shareholders that details CIBT's
recently launched projects as well as prevailing market conditions in
the for-profit education sector. The letter is available on CIBT's
website at www.cibt.net/letter.pdf.
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
The letter to current and prospective shareholders referred to in this
news release (the "Letter") 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 the Letter 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. 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.
For further information:
Investor Relations Contact: N. America Toll Free: 1-800-574-0901 Email: email@example.com