CIBT’s GEC Viva Suites Named one of Top 10 Most Luxurious Student Housing Communities in North America
| October 19, 2015: CIBT Education Group Inc. (TSX: MBA; OTCQX International: MBAIF) (“CIBT”) is pleased to report that GEC Viva Suites, one of the education related real estate projects of CIBT’s subsidiary, Global Education City Holdings Inc. (“GEC”), was recently named as one of “The 10 Most Luxurious Student Housing Communities in North America” by the Places4Students.com website. GEC Viva Suites was ranked No. 7 in North America, and No. 3 in Canada. The article can be viewed here: https://www.facebook.com/gecstudenthotel.
About Global Education City Holdings Inc.: GEC is a wholly owned subsidiary of CIBT. GEC is an investment holding and management company with a special focus on education related real estate projects in Canada. GEC has two operating divisions. GEC Education Super Center is a flagship project under development. Education Super Center is the first of its kind in North America, aggregating a number of multidiscipline public and private schools at one location, including language schools, colleges, and universities, supported by long and short-term stay hotels connected to the Education Super Center. Such arrangement will eliminate the need for students attending schools at the Education Super Center to commute daily to and from school, saving them time and money. GEC Serviced Apartments and Hotels are comprised of a network of serviced apartments and hotels throughout Metro Vancouver, each at a centralized location and within five minutes walking distance from a Skytrain station. In addition to accommodation rental, GEC offers a variety of services such as international student landing service, hot meals, student lounge for after school activities, shuttle bus to and from nearby schools, private tutoring, excursion activities, and student counseling. These services are designed to assure a safe, secure, and convenient environment for international students to study, relax and enjoy their stay in Canada. 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 owns and operates a network of business, technical and language colleges in North America and Asia. CIBT offers cooperative joint programs in 12 countries with campuses, recruitment offices and training centers enrolling over 7,000 students annually. Its education business is operated through Sprott Shaw College (established in 1903), Acsenda School of Management, CIBT School of Business China, and Global Education Alliance Recruitment Centers in China and other overseas countries. Through these subsidiaries, CIBT offers recognized and approved business and management degrees, programs in college preparation, healthcare, hotel management and tourism, English language training, English Teacher Certifications, junior and high school preparation programs for overseas study, and other career/vocational training. CIBT also owns Irix Design Group, a leading design and advertising company based in Vancouver, Canada, Global Education Alliance (“GEA”) and Global Education City Holdings Inc. (“GEC”). 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 http://www.cibt.net and watch our corporate video at http://cibt.net/about/.
For more information contact: Toby Chu Vice-Chairman, President & CEO CIBT Education Group Inc. Investor Relations Contact:1-604-871-9909 extension 318 | Email: info@cibt.net |
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Some statements in this news release contain forward-looking information (the “forward-looking statements”) about 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 (collectively, “Risks”) 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 the statement in this news release as to the expected number of job openings in B.C. by 2022 in the areas of skilled trades and technical occupations, the Risks include uncertainties as to the actual development of the B.C. economy. Forward-looking statements are based on the beliefs, opinions and expectations of CIBT Group’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, except as may be required by law. |