CIBT Assigned New Ticker Symbol on TSX-V
CIBT Education Group Inc. (TSXV: CPT; OTC.BB (US): CBTGF) is pleased to report that the Company has been assigned a new trading symbol by the TSX Venture Exchange (“TSX-V”). The new symbol will be MBA and will replace the current symbol CPT effective Friday April 11, 2008 at the commencement of trading. The reason for changing the TSX-V symbol is for consistency with CIBT’s trading symbol on the American Stock Exchange (“Amex”). The Company’s CUSIP number will remain unchanged.
The company’s symbol input on both Yahoo Finance and Google Finance will be MBA.V for the Canadian TSX Venture Exchange and MBA for the American Stock Exchange.
About CIBT Education Group Inc.:
CIBT is an education management and investment company with a special focus on the global education market. Its two subsidiaries, CIBT School of Business & Technology Corp. and Sprott-Shaw Community College possess a combined operating history of over 118 years in China and Canada’s education sectors. CIBT owns and operates a network of 44 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, and career/vocational programs through its network of campuses across China and Canada. In 2006, CIBT initiated plans to aggressively expand its business presence to over 50 CIBT teaching locations in China by 2010 and to establish schools in other parts of Asia including South Korea, Thailand, Malaysia and India.
CIBT Education Group Inc.
“Toby Chu”
Toby Chu
President & C.E.O.
Investor Relations Contact: N. America Toll Free: 1-800-574-0901* Email: info@cibt.net
Legal Notice Regarding Forward-Looking Statements: “Forward-looking Statements” as defined in the Private Securities Litigation Reform Act of 1995 may be required 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 has not reviewed and does 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.