CIBT Subsidiary Establishes Second Campus in the Philippines
May 11th, 2009 CNW Group: CIBT Education Group Inc. (NYSE Amex and TSX.V symbol: MBA) is pleased to provide an update on the status of expansion efforts in the Philippines by its subsidiary, Sprott-Shaw Community College. Further to the company’s announcement on August 5, 2008, regarding expanding into the Philippines and working in partnership with Far Eastern University in Manila, Sprott-Shaw has signed an agreement to expand its course offerings to Far Eastern University’s Fairview campus. Sprott-Shaw now has a presence in both Far Eastern University locations, with a third location in the plans. To date, enrollment has risen by 40% totaling 120 students since the inception of the program.
“We are very encouraged with the results to date in the Philippines and regular classes, which start monthly, are fully enrolled,” commented Mr. Dean Duperron, President of Sprott-Shaw Community College. “The demand for health care professionals with Canadian certifications continues to increase worldwide and Sprott-Shaw Community College is well positioned to capture this growing market with over one century of operational experience in Canada.”
“CIBT Education Group is excited to see the continued and successful deployment of Sprott-Shaw programs in countries around the world with health care programs in the Philippines, hospitality and tourism programs in Jamaica, academic and diploma programs in China, and English training programs in Korea, Japan, Jordan and Vietnam,” commented Mr. Toby Chu, Vice Chairman and CEO of CIBT Education Group. “Our vision is to become a global education provider by utilizing our successful Canadian operations as our base and our fully established infrastructure in China as our hub. Special emphasis will be placed on western based, career oriented programs supplemented by our IFP programs (International Foundation Programs), which can lead toward a university degree through our accredited degree-granting college in Canada or other academic partners in Canada, the UK, the US, Australia, Switzerland and Thailand. CIBT and its subsidiaries will continue to deploy a host of practical, job oriented programs to emerging countries. We add tremendous value to our graduates by assisting them to earn a better living by working for higher paying multinational companies in their home country.”
About CIBT Education Group Inc.
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 (established in 1903), 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 business, technical and language colleges with presence at over 40 campuses and teaching centers including Canada, China, Vietnam, Jordan, the Philippines and Jamaica. 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, Taiwan, Hong Kong, 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
Investor Relations Contact: Ed Cheung N. America Toll Free: 1-888-865-0901 extension 318 * Email: info@cibt.net
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