CIBT Signs Global Recruitment Agreement with Pythagoras Academy
February 4, 2014: CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT Group”) is pleased to announce that it has entered into an agreement with Pythagoras Academy to become its exclusive global recruitment agent. CIBT Group’s recruitment subsidiary, Global Education Alliance (“GEA”), will utilize its network of agents in 18 countries to identify, pre-screen and recruit international students from around the world to attend Pythagoras Academy in Greater Vancouver, Canada.
Pythagoras Academy is an elite Pre-Kindergarten to Grade 7 elementary school certified by the British Columbia Ministry of Education and located in Richmond, British Columbia. It is an independent, non- religious and co-educational school with a focus on talented young children with a special interest in fine arts and music. Under the terms of the agreement, CIBT Group will assist Pythagoras Academy with marketing, promotion and student recruitment services, drawing upon CIBT Group’s 21 years of experience in the global education sector, infrastructure and referral network to promote and recruit students to attend Pythagoras Academy.
Established in 2012, GEA has successfully assisted a number of elite schools with their recruitment needs. GEA has worked with Mulgrave School and Southpointe Academy, and both schools achieved their recruitment goal of reaching full capacity within a year. In 2013, both of these schools were ranked as the number 1 primary school in British Columbia by Fraser Institute. GEA continues to provide recruitment solutions for various elite primary, secondary and post-secondary schools across North America and is actively expanding its partnership alliance.
“We are proud to partner with Pythagoras Academy,” commented Toby Chu, President and CEO, Vice Chairman of CIBT Education Group. “Led by a team of professional educators with decades of experience and an excellent reputation, we foresee Pythagoras Academy becoming one of the best primary schools in British Columbia in short order.”
“Our team at Pythagoras Academy is very excited to join forces with CIBT Education Group and Toby Chu. Our goal is to collaborate with CIBT and other partners in establishing exceptional and unique programs for students from Junior Kindergarten to Grade 7”, said Clive Austin, Head of School.
About Pythagoras Academy:
Pythagoras Academy is a private, independent, non-religious, co-educational elementary school located in Richmond serving students from Pre-Kindergarten to Grade 7. Its Head of School is Mr. Clive Austin, one of the top K-12 independent school administrators in Canada, who established West Point Grey Academy and worked as Director of Admissions at St. Georges School. The school takes a holistic approaching in teaching, emphasizing the interdependence and interconnectedness of disciplines. Providing a balance between academics and the arts, the school aims to develop well- rounded individuals who are critical thinkers and problem solvers and become excellent future leaders and productive global citizens. Please visit: http://www.pythagorasacademy.ca
About Global Education Alliance:
GEA is a student referral service for a small list of carefully selected schools in Canada and the United States. GEA leverages on CIBT Group’s extensive international agent network and existing academic partnerships in various countries to increase international enrolments at its North American partner schools, which include high ranking primary and secondary schools, and public and private universities in Canada and the United States. Visit GEA online at www.myGEA.ca.
About CIBT Education Group:
CIBT Education Group Inc. 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 12 countries with campuses, recruitment offices and training centers enrolling over 5,000 students annually. Its education business is operated through Sprott Shaw College (established in 1903), Acsenda School of Management, CIBT School of Business China, and A-Plus Education Centers in China. 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 Certifications, 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”), Global Education Alliance (“GEA”) and Global Education City Holdings Inc (“GEC”). 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 recruits international students for many elite kindergarten, primary, secondary schools and universities in North America. GEC is an investment holding and management company with a special focus on education related real estate projects in Canada. Visit us online at www.cibt.net.
On behalf of the Board of Directors,
Toby Chu
Vice-Chairman, President & CEO
CIBT Education Group Inc.
Investor Relations Contact:1-604-871-9909 | Email: info@cibt.net
FORWARD-LOOKING STATEMENTS:
Some statements in this news release contain forward-looking information (the “forward-looking statements”) about CIBT Education Group Inc. 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 business arrangement with Pythagoras, 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.