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 Academy of Holy Angels (“AHA”), a highly respected high school and college preparatory school located in Richfield, Minnesota. GEA has been appointed as AHA’s exclusive recruitment partner for the China market with plans to expand GEA’s recruitment territory into other countries.
Under the terms of the agreement, GEA will assist Academy of Holy Angels with marketing, promotion and recruitment for the international market with a focus on the China market where GEA has exclusivity. GEA will provide student services and recruitment by tapping into CIBT Group’s existing infrastructure and referral network at 50+ locations in 18 countries. Currently, CIBT Group is enrolling over 9,000 international students from 42 countries per year and approximately 3,000 domestic students per year from Canada.
“We are honored to be working with Academy of Holy Angels, being a highly respected and prestigious high school in the United States”, commented Toby Chu, President, Chief Executive Officer and Vice Chairman of CIBT Group. “With nearly two decades of operating experience in the global education market, we believe our presence and infrastructure will add substantial value to our academic partners in terms of diversity, cultural integration and increased capital resources available to our partner schools.”
“After nearly a year of study, we are excited to introduce EPIC International and our global partner, CIBT Group, to the Academy of Holy Angels community and the greater Twin Cities metro area”, commented Thomas Shipley, President of Academy of Holy Angels. “The Academy will be the first U.S. secondary school to align itself with CIBT Group’s global education network. Benefits of this relationship will enhance each student’s experience here at Holy Angels. International students have always been a part of our fabric. The addition of a global partner, whose educational programs are as strong as their ability to place students in an educational setting, makes this program a truly remarkable opportunity.”