CIBT Subsidiary to Establish Presence in California
June 5th, 2013: CIBT Education Group Inc. (TSX: MBA and OTCQX: MBAIF) (“CIBT”) is pleased to announce that it has signed a cooperation agreement with the English Centre of California Baptist University (“CBU”) located at their campus in Riverside, California. This cooperation agreement is in addition to the global recruitment arrangement signed with CBU that was announced in CIBT’s news release of May 27th, 2013. Under the cooperation agreement, CIBT’s wholly owned subsidiary, King George International College (“KGIC”), will utilize its extensive experience and comprehensive knowledge in ESL (English as Second Language) training to recruit international students to enroll into CBU’s ESL programs.
This cooperative venture will be beneficial for both parties. By tapping into the global education market, CBU will be able to add many international students to their ESL programs in order to prepare them for CBU’s various academic programs, and KGIC will provide a variety of student services on the grounds of CBU’s beautiful and sprawling campus.
About California Baptist University:
Founded in 1950, California Baptist University is a private comprehensive Christian university located in Riverside, California, with beautiful Spanish-style buildings on a 131-acre land 60 miles east of Los Angeles. CBU was ranked 38th under the “Best Universities – Master’s West” category in the 2010 edition of “America’s Best Colleges” by U.S.News & World Report. Accredited by the Accrediting Commission for Senior Colleges and Universities of the Western Association of Schools and Colleges, CBU currently offers over 90 undergraduate and 25 graduate programs and enrolls over 6,000 students from 37 states and over 30 foreign countries. CBU has a small student-to-faculty ratio of 19:1. Its athletics program is in the process of joining the NCAA Division II. Overall, California Baptist University offers rigorous and disciplined Academic and Athletic programs for both undergraduate and graduate.
About King George International College:
King George International College (“KGIC”) is one of the largest private English language training schools in Canada, and is accredited with Languages Canada, with eight campuses in British Columbia, Ontario and Nova Scotia, and overseas recruitment agents across the globe. KGIC provides a range of English language training courses and education programs in the areas of English as a second language (ages 6+), university pathway, business English, power speaking and modern media, and test preparation. KGIC also offers summer camps, winter camps and an outdoor leadership program. KGIC enrolls about 8,000 students a year with in-take throughout the year and program length ranging from 4 weeks to 18 months. King George International Business College-Canada TESOL Center (KGIBC-CTC”) is a business college registered with Private Career Training Institutions Agency (PCTIA of BC) and approved by Ministry of Training, Colleges and Universities (MTCU of Ontario). It offers TESOL training, business management, office management, interpreting and translation, and career training.
About CIBT Education Group:
CIBT Education Group Inc. (“CIBT Group”) is an education management company focused on the global education market since 1994. Listed in Canada on the Toronto Stock Exchange and in the U.S on the OTCQX International, CIBT Group owns and operates a network of business, technical and language colleges in North America and Asia. CIBT Group offers cooperative joint programmes in 18 countries with over 50 campuses, recruitment offices and training centers enrolling over 13,000 students annually. Its subsidiaries include Sprott Shaw College (established in 1903), Acsenda School of Management, CIBT School of Business China, and King George International College. Through these subsidiaries, CIBT Group offers Western and Chinese accredited business and management degrees, programmes in college preparation, healthcare, hotel management and tourism, English language training, English teacher certification, junior and high school preparation programmes for overseas study, and other career/vocational training. CIBT Group also owns Irix Design Group, a leading design and advertising company based in Vancouver, Canada, Global Career Center (“GCC”), and Global Education Alliance (“GEA”). GCC is a job placement call center located in the Philippines dedicated to providing employment services to CIBT Group graduates for free throughout their careers. GEA is the premier solution for international students wishing to enter elite kindergarten, primary, secondary schools and universities in North America. Visit us online at www.cibt.net.
On behalf of the Board of Directors,
Toby Chu
Vice-Chairman, President & CEO
CIBT Education Group Inc.
Phone: 1-604-871-9909 Email: info@cibt.net
Investor Relations Contact:
Renmark Financial Communications Inc.
Barry Mire
Phone: (416) 644-2020
Email: bmire@renmarkfinancial.com
John Boidman
Phone: (514) 939-3989
Email: jboidman@renmarkfinancial.com
FORWARD-LOOKING STATEMENTS:
Some statements in this news release contain forward-looking information (the “forward-looking statements”) about CIBT Education Group Inc. (“CIBT Group”) 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 statements in this news release as to expectations for the cooperative arrangement with California Baptist University, 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; 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 Group does not assume any obligation to update its forward-looking statements if those beliefs, opinions or expectations, or other circumstances, should change.