CIBT Establishes Academic Partnership with Vancouver Community College and Thompson Rivers University



    VANCOUVER, Oct. 30 /CNW/ - CIBT Education Group Inc. (AMEX:   MBA; TSX.V:
MBA) ("CIBT") is pleased to report that it has signed a Memorandum of
Understanding with Thompson Rivers University ("TRU") and Vancouver Community
College ("VCC"). Under the terms of the Memorandum of Understanding, students
completing the two-year Business Administration and Computer Sciences programs
with CIBT in China will be able to take their baccalaureate study at TRU after
successfully completing a 9 to 12-month English upgrading and learning
competency training program at Vancouver Community College.
    In September 2008, CIBT's first group of students commenced their
programs in Vancouver under this tripartite program, having completed their
two year program at CIBT China.
    After a decade of program development and expansion, CIBT China has
established one of the largest overseas studies programs in China with an
excellent track record and graduation rate. As of September 30th, 2008,
student enrollment in CIBT's 2+2 program alone totaled 1,054 students as
compared to 853 students in 2007, and 512 students in 2006, which represents
an average increase of 44.5% for the past two years. These students will
undertake two years of study in China at CIBT locations and transfer the
remaining two years of their baccalaureate degree overseas, where they will
earn a western degree upon graduation. With a western degree, bilingual
skills, overseas study and work experience, CIBT's graduates can expect to
earn higher wages working for multinational corporations operating in China
than graduates from domestic universities and colleges in China.
    In the past, popular destinations for Chinese students to pursue their
studies overseas included Australia and the United Kingdom. With Canada's
lower cost of living, moderate climate and multicultural society, students are
now considering Canada as their preferred destination for studies. CIBT's
degree granting college located in Burnaby, BC and community colleges in
Canada are well positioned to capitalize on this influx of international
students.
    "We are very pleased to collaborate with Thompson Rivers University and
Vancouver Community College on our international expansion efforts to increase
student enrollment in Canada," commented Toby Chu, Vice Chairman, President
and CEO of CIBT Education Group Inc. "Canada has become the preferred choice
for international studies of many international students. We add value to our
students so that they can enjoy their studies in Canada, achieve their
education goals and ultimately earn a better living when they return to their
home country."
    "VCC's program will focus on developing students' business English,
public speaking, reporting and teamwork abilities," commented Donna Hooker,
International Director at VCC. "This cooperation agreement helps to fulfill
our mandate to increase international student enrollment at VCC while
preparing Chinese students to complete their degree."
    "Thompson Rivers University has long recognized the importance of a
global education, particularly in today's competitive market place," said
Cyndi McLeod, Associate Vice President, International Education, Training and
Development at TRU. "We are pleased to be working with CIBT and VCC to expand
educational opportunities for Chinese students. TRU looks forward to building
on the quality education the students will receive at CIBT and VCC and are
confident the graduates of this tripartite program will be well qualified to 
enjoy an incredibly successful future."

    About Vancouver Community College

    Before being known as the Vancouver Community College, it was formerly
the Vancouver City College. VCC was established in 1965 by bringing the
Vancouver Vocational Institute, the Vancouver School of Art, the Vancouver
School Board's Night School Program and the King Edward Senior Matriculation
and Continuing Education Centre under one name. Vancouver Community College
serves a diverse urban community by providing excellent programs and services
that prepare learners for ongoing education, direct entry into employment,
career advancement and greater participation in the community. VCC offers
programs in business, trades, health sciences and human services, hospitality,
and technology at its two campuses, the Downtown Campus and the Broadway
Campus, both of which are located in Vancouver, BC.

    About Thompson Rivers University

    Founded in 1970 as Cariboo College and recognized as a provincial
university in 2004, Thompson Rivers University consists of two campuses with
one in Kamloops, BC, and the other in Williams Lake, BC. TRU also has regional
centres in various towns through BC including 100 Mile House, Ashcroft/Cache
Creek, Barriere, Clearwater, and Lillooet. Being British Columbia's newest
university, with over 10,000 full-time and part-time students, TRU offers
degree programs, trade & certificate programs, as well as continued education
and career training programs.

    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, Concordia Career
College, Modus International Language College 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 48 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 across China and to establish schools in other parts of Asia
including South Korea, Thailand, Malaysia and India. CIBT also owns Irix
Design Group, a leading full service design and advertising company based in
Vancouver, Canada. In 2008, Irix Design was ranked 15th in the list of Biggest
Ad Agencies in Greater Vancouver by the Business in Vancouver newspaper.

    
    CIBT Education Group Inc.

    "Toby Chu"

    Toby Chu
    Vice-Chairman, 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.

    
    The TSX Venture Exchange and the American Stock Exchange have not
    reviewed and do not accept responsibility for the adequacy or accuracy of
    this news release. This news release shall not constitute an offer to
    sell or the solicitation of an offer to buy securities in any
    jurisdiction.
    

    %SEDAR: 00005932E




For further information:

For further information: Investor Relations Contact: N. America Toll
Free: 1-800-574-0901*, Email: info@cibt.net

Organization Profile

CIBT EDUCATION GROUP INC.

More on this organization

VANCOUVER COMMUNITY COLLEGE

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890