BEIJING, Nov. 29, 2017 /PRNewswire/ -- TAL Education Group
(NYSE: TAL) ("TAL" or the "Company"), a leading K-12 after-school
tutoring services provider in China, today announced strategic collaboration
with ETS, a top educational testing and assessment organization in
the world. TAL and ETS will begin to collaborate on online test
prep content, assessment technologies and promotion for the TOEFL
series.
Founded as a nonprofit in 1947, ETS develops, administers and
scores more than 50 million tests annually - including the
TOEFL® and TOEIC ® tests, the GRE ® tests and The Praxis Series ®
assessments - in more than 180 countries, at over 9,000
locations worldwide. As a mission-driven organization, ETS supports
a deep and wide portfolio of educational research, conducted by a
large research & development staff and internationally
distinguished educational experts.
"We are excited about building a strong relationship with ETS.
Our cooperation in TOEFL online prep content represents an
innovative model of combining ETS' high quality content with
TAL's localized content and services to provide unique value
to students in China," said Mr.
Rong Luo, Chief Financial Officer and President of Global and
Lifelong Education Group at TAL. "This collaboration will open up
new possibilities for both sides in the field of international
education to better serve increasingly younger learners in
China who desire to develop
competences that are aligned with global educational standards.
With the great brand influence and operational capabilities of TAL,
and the deep assessment and educational research expertise of ETS,
there will be more opportunities for cooperation in the Chinese
international education market," Mr. Luo added.
"Working with TAL, we expect to bring customized assessments and
learning tools to Chinese students," said Mr. David Hunt, Executive Vice President and COO of
ETS. "ETS and TAL have a shared goal in advancing education through
scientific and technological innovations. We look forward to future
collaborations that will help to improve and expand learning
opportunities for students in China," said Mr. Hunt.
This strategic collaboration is of great significance to
the international education
business of TAL. Both TAL and ETS
have expressed strong interests in expanding collaborations in
assessments learning content and
technologies.
About TAL Education Group
TAL Education Group is a leading K-12 after-school tutoring
services provider in China. The
acronym "TAL" stands for "Tomorrow Advancing Life," which reflects
our vision to promote top learning opportunities for Chinese
students through both high-quality teaching and content, as well as
leading edge application of technology in the education experience.
TAL Education Group offers comprehensive tutoring services to
students from pre-school to the twelfth grade through three
flexible class formats: small classes, personalized premium
services, and online courses. Our tutoring services cover the core
academic subjects in China's
school curriculum including mathematics, English, Chinese, physics,
chemistry, and biology. The Company's learning center network
includes 575 physical learning centers as of August 31, 2017, located in 36 key cities in
China: Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin, Wuhan, Xi'an,
Chengdu, Nanjing, Hangzhou, Taiyuan, Zhengzhou, Chongqing, Suzhou, Shenyang, Jinan, Shijiazhuang, Qingdao, Changsha, Luoyang, Nanchang, Ningbo, Wuxi, Fuzhou , Hefei, Xiamen, Lanzhou, Dalian, Changchun, Guiyang, Dongguan, Changzhou, Xuzhou, Nantong, Foshan and
Zhenjiang. We also operate www.jzb.com, a leading online education
platform in China. Our ADSs trade
on the New York Stock Exchange under the symbol "TAL".
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. Statements that
are not historical facts, including statements about TAL's beliefs
and expectations, are forward-looking statements. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates" and similar statements. Forward-looking
statements involve inherent risks and uncertainties. Further
information regarding these and other risks is included in our
annual report on Form 20-F and other documents filed with the SEC.
All information provided in this press release is as of the date of
this press release, and TAL does not undertake any obligation to
update any forward-looking statement, except as required under
applicable law.
For investor and media inquiries, please contact:
Mei Li
Investor Relations
TAL Education Group
Tel: +86 10 5292 6658
Email: ir@100tal.com
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SOURCE TAL Education Group