ChinaEdu Corporation Receives Awards at Tencent China Education Industry Review and Sina China Education Survey
January 21 2009 - 8:25AM
PR Newswire (US)
BEIJING, Jan. 21 /PRNewswire-Asia-FirstCall/ -- ChinaEdu
Corporation (NASDAQ:CEDU) ("ChinaEdu" or "the Company"), a leading
educational services provider in China, announced that it has
received the '2008 China's Most Influential Education Group' award
at the 2008 annual Tencent China Education Industry Review.
ChinaEdu's 101 Distance Learning Center or the 101 Online School
also won the Tencent 'Top Ten Best Personalized Online Tutoring
Organizations' and Sina's 'Top Ten Online Education Institutions'
awards. In addition, we are pleased to announce that four of our
long-term exclusive collaborative alliance partners placed in the
top ten rankings at several of the Sina annual China Education
Survey categories including 'Top Ten Online Universities,' and 'Top
Ten Online University Brands.' Two of our non-exclusive university
partners also placed in the top rankings including 'Top Ten Online
Education Institutions' and 'Top Ten Online Universities Brands' at
Sina. The Sina annual China Education Survey and the Tencent annual
China Education Industry Review are two of the most prestigious
events in the China education industry. Tencent Education is a
leading online platform that conducts the annual Tencent China
Education Industry Review. The sponsors include some of the most
reputable education print and online media outlets in China,
including China Education Television, China Education News Network,
Modern Education News, People's CPPCC News, China Education Online,
21st Century Education Research Center, as well as McKinsey &
Company, Xinhua Net, and People's Daily. The award winners are all
leaders of the education industry within China. Sina is a leading
web portal within China, which conducts an annual survey of China's
educational industries and institutions. Sina cooperated with many
well respected educational professionals, over 150 tutoring
organizations, over 40 mainstream media outlet in 14 provinces, and
the participation of over 1.5 million online users. The survey of
online degree programs is based on online voting and evaluations by
industry experts and media professionals. ChinaEdu's CEO Julia
Huang said: 'This award shows that ChinaEdu, working along side our
long-term exclusive partnering universities, has gained recognition
from the public through years of hard work and dedication that have
contributed in the field of the Chinese education services. We at
ChinaEdu will continue to strive for our motto, 'Success Through
Learning' a philosophy of providing quality education services for
the community, for our partners and for every student.' About
ChinaEdu ChinaEdu Corporation is an educational services provider
in China, incorporated as an exempted limited liability company in
the Cayman Islands. Established in 1999, the Company's primary
business is to provide comprehensive services to the online degree
programs of leading Chinese universities. These services include
academic program development, technology services, enrollment
marketing, student support services and finance operations. The
Company's other lines of business include the operation of private
primary and secondary schools, online interactive tutoring services
(101 Online School) and providing marketing and support for
international curriculum programs. The Company believes it is the
largest service provider to online degree programs in China in
terms of the number of higher education institutions that are
served and the number of student enrollments supported. The Company
currently has strategic relationships with 22 universities to
operate online degree programs, 12 of which are under long-term,
exclusive contracts that vary from 15 to 50 years in length. 101
Online School is a brand under ChinaEdu that concentrates on the
online tutoring and education of pre kindergarten through high
school in China. It is the leading educational website for
elementary and middle school students with over 1 million users to
date. Forward-Looking Statement This press release contains
'forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995, including certain plans,
expectations, goals, and projections, which are subject to numerous
assumptions, risks, and uncertainties. Forward-looking statements
involve known and unknown risks, uncertainties and contingencies,
many of which are beyond our control which may cause actual
results, levels of activity, performance or achievements to differ
materially from any future results, levels of activity, performance
or achievements expressed or implied by such forward-looking
statements. The Company's actual results could differ materially
from those contained in the forward-looking statements due to a
number of factors, including those described under the heading
'Risk Factors' in the Company's final prospectus filed with the
Securities and Exchange Commission on December 11, 2007, and in
documents subsequently filed by the Company from time to time with
the Securities and Exchange Commission. Unless required by law, the
Company undertakes no obligation to (and expressly disclaim any
such obligation to) update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. For more information, please contact: Lily Liu, CFO
ChinaEdu Corporation Tel.: +86-10-8418-6655 x1002 Email: S. Jimmy
Xia, IR Manager ChinaEdu Corporation Tel.: +86-10-8418-6655 x1150
Email: DATASOURCE: ChinaEdu Corporation CONTACT: Lily Liu, CFO of
ChinaEdu Corporation, +86-10-8418-6655 x1002, or ; S. Jimmy Xia, IR
Manager of ChinaEdu Corporation, +86-10-8418-6655, x1150, or
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