International Collaborations Offer
Davis College Students Expanded
Opportunities
MIDDLETOWN, Ohio, May 23, 2023
/PRNewswire/ -- EpicQuest Education Group International Limited
(NASDAQ: EEIQ), ("EpicQuest Education", "EEIQ" or the
"Company"), a provider of comprehensive education solutions for
domestic and international students seeking college and university
degrees in the US, Canada and the
UK, today announced that Davis College
signed a non-binding Memorandum of Understanding (the "MOU") with
Chongqing College of Electronic
Engineering ("CQCEE"), located in Chongqing City, China. The term of the nonbinding MOU is for a
period of five years and can be renewed thereafter. The purpose of
the MOU between Davis College and CQCEE
is to pursue collaborations on research and academic exchange
programs.
EEIQ collaborates with international
colleges and universities expanding opportunities for Davis College students
In addition, a Supplementary Agreement is expected to be signed
with CQCEE where Davis College students
can enroll in the '3 + 0' Graphic Design Professional Program at
CQCEE, whereby Davis College students
who are admitted to the program would take the necessary coursework
at Chongqing College for three
years, with no additional coursework required on Davis College's campus. Upon completion of the
program, students would receive a diploma from Chongqing
College and an associate degree certificate from Davis College. A minimum of 50 students per year
will be guaranteed by CQCEE to enroll in this program, and
Davis College would approve the
instructors who teach the graphic design curriculum. Upon
graduation, Davis College students can
choose to transfer to its university partners to pursue Bachelor's
degrees.
Diane Brunner, President of
Davis College, commented, "We are
excited to be collaborating with a second institution in
Chongqing, Chongqing College of Electronic Engineering,
to expand international educational opportunities for our students.
At Davis College, we provide
career-focused programs that develop our students' marketable
skills and knowledge to advance their career growth. We believe
that our graduates enter the workforce well-prepared with the
skills necessary for success. Our mission, as reflected by the
memorandum, includes providing meaningful international educational
programming to our students that translate into even broader
opportunities for employment."
With today's announcement, Davis
College has entered into nine MOUs with colleges and
universities from Malaysia,
Singapore, China and Sri
Lanka. It is expected that several of these MOUs will be
further developed and finalized as definitive agreements where
degree programs and the exchange of students, staff and faculty can
occur. The Company believes that its academic collaborative and
exchange programs are a key element of its mission of
internationalization that provides its students a global learning
experience, personal growth and the potential to grow its student
base.
A vital component of EpicQuest Education's growth plan is to
have its operated colleges, Davis
College and EduGlobal College, become increasingly connected
to international programs in order to offer enhanced globalized
learning to its students as well as pathways to achieve university
degrees. The Company's strategic growth plan is to achieve
international expansion and to establish EEIQ as a truly
international service provider of higher learning.
About Chongqing College of
Electronic Engineering
Chongqing College of Electronic
Engineering (CQCEE) is a full-time higher education institution
that was founded in 1965. CQCEE has 20,000 full-time students who
attend its 14 affiliated colleges. The institution's focus is for
the advancement of science and technical education with an emphasis
on advanced manufacturing and the modern service industry. CQCEE
also has cooperative relationships with numerous high technology
companies. It has also developed collaborative education agreements
with institutions from Australia,
Germany, UK and Singapore. For more information, please visit
www.cqcet.edu.cn.
About Davis College
Davis College was founded in 1858
and is a private career-training college located in Toledo, Ohio. Davis
College offers a specialized professional career training
curriculum in numerous fields, and its mission is to provide
marketable skills that enhance the employability of its graduates.
Davis College offers coursework
flexibility to ensure program success as well as externship
opportunities that provide its student population with real-world
skill sets prior to graduation. In addition, Davis College has agreements with several four-year
US universities for 'transfer pathways' that pave the way for its
associate degree students to gain admission with the ability to
transfer earned course credits. Davis
College is accredited by The Higher Learning Commission and
the Ohio State Board of Career Colleges and Schools with programs
authorized by the Ohio Board of
Higher Education. For more information, please visit
https://www.daviscollege.edu/.
About EpicQuest Education Group International
Limited
EpicQuest Education Group International Limited
("EpicQuest Education" or the "Company") provides comprehensive
education solutions for domestic and international students seeking
university and college degrees in the US, Canada and the UK. The Company owns and
operates EduGlobal College, based in British Columbia, Canada, which focuses on
English proficiency educational programming for students pursuing
academic degrees. The Company operates and is a 70% owner of
Davis College, a career training
college located in Toledo,
Ohio. In addition, the Company has a recruiting
relationship with the Miami University
Regional campuses, where it maintains residential facilities, a
full-service cafeteria, recreational facilities, shuttle buses and
an office for the regional campuses that provides study abroad and
post-study services for its students; these facilities are not
owned, maintained, operated or are a part of Miami University. The Company is also a recruiting
agent for the University of the West of Scotland (through The Education Group
(London) Ltd) and Coventry University, both of which are located
in the UK. For more information, please
visit https://www.epicquesteducation.com/.
Safe Harbor Statement
Certain of the statements made in this press release are
"forward-looking statements" within the meaning and protections of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements in this press release include, without
limitation, the Company's ability to enter into the Supplementary
Agreement with CQCEE on acceptable terms, and to implement its
international strategy as described. Forward-looking statements
include statements with respect to our beliefs, plans, objectives,
goals, expectations, anticipations, assumptions, estimates,
intentions, and future performance, and involve known and unknown
risks, uncertainties and other factors, which may be beyond our
control, and which may cause the actual results, performance,
capital, ownership or achievements of the Company to be materially
different from future results, performance or achievements
expressed or implied by such forward-looking statements. All
statements other than statements of historical fact are statements
that could be forward-looking statements. You can identify these
forward-looking statements through our use of words such as "may,"
"will," "anticipate," "assume," "should," "indicate," "would,"
"believe," "contemplate," "expect," "estimate," "continue," "plan,"
"point to," "project," "could," "intend," "target" and other
similar words and expressions of the future.
All written or oral forward-looking statements attributable to
us are expressly qualified in their entirety by this cautionary
notice, including, without limitation, those risks and
uncertainties described in our most recent Form 20-F and otherwise
in our SEC reports and filings. Such reports are available upon
request from the Company, or from the Securities and Exchange
Commission, including through the SEC's Internet website at
http://www.sec.gov. We have no obligation and do not undertake to
update, revise or correct any of the forward-looking statements
after the date hereof, or after the respective dates on which any
such statements otherwise are made.
Contacts:
EpicQuest Education Group International Limited
+1
513-649-8350
info@epicquesteducation.com
Investor Relations:
Precept Investor Relations
LLC
David Rudnick
+1 646-694-8538
david.rudnick@preceptir.com
Source: EpicQuest Education Group International
Limited
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SOURCE EpicQuest Education Group International Limited