CIBT Engages Harris Nesbitt as Investment Banker
Capital Alliance Group Inc. (TSX.V: CPT) reports that its subsidiary, CIBT School of Business & Technology Corp. (“CIBT”), has engaged Harris Nesbitt Corp. of New York as financial advisor regarding corporate expansion strategy and financing options.
CIBT also reports that its financial advisory agreement with Capital Run LLC of Seattle has expired.
About Harris Nesbitt
Harris Nesbitt is an investment and corporate bank offering clients access to a full range of products and services, including investment and corporate banking, treasury services, market risk management, institutional investing and research. Among its industry-focus strategy, Harris Nesbitt offers specialized expertise to companies in the post-secondary education sector. In 2004, Jeffrey M. Silber, Harris Nesbitt’s senior research analyst covering the education industry, was named the “Best on The Street” by The Wall Street Journal for the Consumer Services sector. Harris Nesbitt is part of Harris, an integrated financial service organization providing more than 1.5 million personal, business, corporate and institutional clients with banking, lending, investing and financial management solutions. Harris is a member of BMO Financial Group (NYSE, TSX: BMO). For more information, please visit www.harrisnesbitt.com .
About CIBT
Founded in 1994, CIBT School of Business is a leading business school in Beijing , China . CIBT has operations in Beijing , Weifang, Zhengzhou and three other learning centers in other cities of China . CIBT has an academic partnership with Beijing University of Technology and delivers postsecondary business and technology education to students and corporations in China . By cooperating with leading education providers in North America, Europe and Asia, CIBT continually develops advanced curricula to meet the needs of China ‘s growing economy.
On Behalf of the Board of Directors of CIBT.
Toby Chu
President and C.E.O
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