CIBT Continues Expansion with New Executive Training Center in Beijing

CIBT School of Business & Technology Corp. (“CIBT”), a subsidiary of Capital Alliance Group Inc. (TSX-V: CPT) and a leading business school in China, announces the grand opening of CIBT’s new Executive Training Center located in the middle of the Central Financial District of Beijing (“CBD”).  This new facility is comprised of a classroom, a conference room, and a student lounge/research center occupying approximately 3,000 square feet of modern office space located on the 20th floor of the Chao Wai Men office tower, which is classified as a 4 star building.

This executive training center has a capacity of 200 part time students and is equipped with modern teaching equipment and amenities. This center is intended to serve working executives working within the central business district of Beijing. The location is a 10 minute walk to the nearest subway station and is situated in a district with over 2,000 foreign invested and Chinese companies in banking, finance, trade, and IT industries.  In the adjacent 10 office buildings, CIBT is the only education and training company in the area at this time.

This facility represents the 4 th corporate owned campus now operating in northern China of which three are in Beijing .  CIBT also has four satellite alliance centers, one in Beijing and three in other provinces.  These alliance center’s are individually owned by CIBT’s alliance partners, totaling 8 teaching locations throughout northern China .

“This executive training center will serve as our expansion base to market our educational and career enhancement programs to working executives throughout Beijing ‘s business district”, commented Toby Chu, President and CEO of CIBT.  “Our objective is to bring a variety of career advancement initiatives to students and working adults in the most convenient formats either on-line, by satellite or at a campus nearest to the students.”

On Behalf of the Board of Directors of CIBT.

Toby Chu
President and C.E.O

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