Cephas Holdings Projects $3,000,000 in Education Revenue
June 10 2013 - 8:15AM
Marketwired
Global Leadership Institute Inc (www.gli360.com), a wholly owned
business unit of Cephas Holding Corp (PINKSHEETS: CEHC), today
outlined its revenue forecast.
Based on the two years of pilot programs, the company expects to
receive approximately $3,000,000 in revenue over the next eight
quarters in South Africa alone. The company is currently exploring
opportunities in several other countries from which it would derive
additional revenues. GLI anticipates billing clients in August.
GLI generates revenue by conducting executive education,
management training and capacity building programs in emerging
markets. Its predecessor whose assets were acquired by Cephas ran
successful programs in South Africa in conjunction with Stanford
University.
Global Leadership exports courses from American universities to
international markets. Faculty travel to the host country where
they teach local students comprised of middle and senior managers
in government agencies and private industry. GLI expects to be able
to replicate its business model in virtually any country.
Global spending on education is estimated to be $4.4 trillion.
According to the Department of Commerce, education and training is
America's 5th largest services export, bringing over $21 billion in
annual revenue to the United States.
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this press release may contain statements that constitute
forward-looking statements within the meaning of the Securities Act
of 1933 and the Securities Exchange Act of 1934, as amended by the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements contained in this press release include the intent,
belief, or expectations of the Company and members of its
management team with respect to the Company's future business
operations and the assumptions upon which such statements are
based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future
performance, and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements. Factors that could cause these
differences include, but are not limited to, failure to complete
anticipated sales, management inexperience in managing growth,
political instability in foreign markets, lack of revenue growth,
client discontinuances, efficiency and profitability, and, the
operation or performance of the Company's business units. The
Company disclaims any responsibility to update any forward-looking
statements.
Contact: Cephas Holding info@cephasx.com (623) 738-5792