VANCOUVER, April 12 /CNW/ - CIBT Education Group Inc. (NYSE AMEX and TSX symbol: MBA) ("CIBT") announces that it has signed an expansion agreement with
Yunnan Open University ("Yunnan OU") formerly known as Yunnan Radio
Television University, to increase the scope of the initial agreement
to include the implementation of the Global Learning Center ("GLC")
platform into the joint program. The initial rollout of the Global
Learning Center to Yunnan OU will include English Teacher Certification
("TESOL") and Hotel and Hospitality Management training through CIBT's
subsidiaries based in Canada and China.
Since CIBT announced the partnership with Yunnan OU on January 25, 2010,
nearly 1,000 students have enrolled in the joint program. The success
of the first year of this partnership with CIBT has prompted Yunnan OU
to expand the relationship by offering CIBT programs utilizing the
company's newly launched GLC learning platform. CIBT's video
conferencing technology is broadcast from the company's Vancouver based
studio and includes fully interactive instructional learning delivered
by western teachers in real time.
Yunnan Open University, is a division of The Open University of China
(formally China Central Radio Television University), which has 3.2
million students in its educational system. Yunnan OU is located in
Yunnan province and has a current enrolment of 120,000 students, making
it the largest University within the province of Yunnan.
GDP for the province of Yunnan was over $107B USD in 2010 with major
industry contributors that include tobacco, biology, mining, and
tourism. With a focus on the development of their major industries,
the province has completed major construction on highways, railways and
other transportation infrastructure. Yunnan has a population of over
45 million ranking it the 12th most populated province in China.
About Yunnan Open University
Established in 1979, Yunnan Open University is a university directly
under the Ministry of Education, giving it the highest level of
university accreditation in the Chinese education system. With its
main campus in Kunming City, Yunnan Province, the institution is the
largest university in Yunnan Province with 66 campuses and 111 teaching
locations. With 1,515 staff, 825 faculty members and over 130,000
graduates, current enrolment at the university is 120,000 students.
Yunnan Open University employs a wide range of media for its delivery of
programs such as radio, television, language teaching materials,
audio-visual materials, computer courseware and networks to deliver
long-distance education programs to students across China. It was the
first university college to deliver distance training based on a
combination of Satellite TV Network, Computer Network and Teaching
Management Network. The university offers many programs through their
various schools including the School of Humanities, School of Science
and Engineering, School of Economics, School of Modern Educational
Technology, as well as a vocational training school.
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 future plans of the GLC platform
and the benefits to partner schools, 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
through the GLC platform; uncertainties as to the acceptance of the GLC
platform in Asia; 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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