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CIBT Division Signs Global Recruitment Agreement with Mulgrave School
VANCOUVER, British Columbia --(Business Wire)--
CIBT Education Group Inc. (NYSE MKT: MBA and TSX: MBA) ("CIBT
Group") is pleased to announce that its newly formed division, Global
Education Alliance ("GEA"), has entered into an agreement with Mulgrave
School ("Mulgrave") under which GEA has been appointed as their global
recruitment partner. Mulgrave is a leading Pre-Kindergarten to grade 12
International Baccalaureate World School located in West Vancouver,
British Columbia.
Under the terms of the agreement, GEA will assist in the marketing and
promotion of Mulgrave for the international market, and will recruit
international students, whose families are looking to re-locate to
Vancouver, to study at Mulgrave. GEA will provide student services and
recruitment by tapping into CIBT Group's existing infrastructure and
referral network at 50+ locations in 18 countries.
About Mulgrave School:
Founded in September 1993, Mulgrave is located in West Vancouver with
students enrolled from Pre-Kindergarten to Grade 12. In May 2006,
Mulgrave School was officially accredited as an International
Baccalaureate ("IB") World School, offering the three IB Programmes.
Mulgrave students are taught the IB curriculum, with 95% pursuing the
full IB Diploma. Mulgrave has been recognized for their excellence by
the Fraser Institute, an independent non-profit Canadian research firm,
who awarded Mulgrave as, on average, one of the top ranked schools for
the past 5 years among 725 other public and private primary schools in
British Columbia in 2011. The school's graduates currently study at
world's leading universities including Stanford, Cornell, Princeton, the
London School of Economics, McGill, the University of Toronto, and the
University of British Columbia.
About GEA:
GEA is a student referral service for certain carefully selected schools
in Canada and the U.S. GEA leverages CIBT Group's extensive
international agent network and existing academic partnerships in
various countries to increase international enrollments at its North
American partner schools, which includes high ranking primary and
secondary schools, and public and private universities in Canada and the
United States.
About CIBT Education Group:
CIBT Education Group Inc. is an education management company focused on
the global education market. Listed on the Toronto Stock Exchange and
the NYSE MKT LLC, CIBT Group owns and operates a network of business,
technical and language colleges and offers cooperative joint programmes
in 18 countries. Its subsidiaries include Sprott-Shaw College
(established in 1903), Sprott-Shaw Degree College, CIBT School of
Business China, and King George International College. Through these
subsidiaries, CIBT Group offers Western and Chinese accredited business
and management degrees, and programmes in college preparation,
healthcare, hotel management and tourism, English language training,
English teacher certification, junior and high school preparation
program 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, and Global Career Center ("GCC").
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. Visit us online at www.cibt.net.
For more information contact:
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Toby Chu
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Vice-Chairman, President & CEO
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CIBT Education Group Inc.
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Investor Relations Contact:1-604-871-9909 Email: info@cibt.net
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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
partnership with Mulgrave, 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.
Neither the NYSE MKT-LLC nor the Toronto Stock Exchange accepts
responsibility for the adequacy or accuracy of this news release.
To view this press release as a webpage please click on the
following link:
http://www.usetdas.com/pr/cibtjan242013.htm

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