Potential Collaboration Furthers EEIQ's Goal
of Internationalization
MIDDLETOWN, Ohio, June 27,
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 the University of
Portsmouth Higher Education Institution ("University of
Portsmouth"), located in
Portsmouth, United Kingdom. The
nonbinding MOU will allow for a potential ongoing collaboration
between the two institutions.
The MOU with the University of Portsmouth can result in expanded career
opportunities for EEIQ Davis College
students
The purpose of the MOU between Davis
College and the University of Portsmouth is to pursue joint research
projects; the development of academic programs; the exchange of
faculty and students; the development and sharing of industrial,
work and laboratory placement opportunities; the participation in
conferences and seminars; and to collaborate on best practices.
Diane Brunner, President of
Davis College, commented, "We are
pleased to enter this memorandum as we further our goal of
internationalization. We see an opportunity for Davis College to collaborate on a wide range of
activities with the University of Portsmouth to the benefit of both schools. We
believe that an enriched intercultural educational experience can
be life enhancing and can also expand career opportunities for
Davis College students. We are
enthusiastic about our potential collaboration with the University
of Portsmouth and look forward to
the development of a definitive agreement and a long-term
relationship based on mutual interest and cooperation."
The Company believes that its academic collaborative and
exchange programs are a key element of its mission of
internationalization. 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 The University of Portsmouth
The University of Portsmouth is
a public university located in Portsmouth, England, whose founding can be
traced back to 1870. The University has approximately 31,000
students enrolled in undergraduate and postgraduate programs across
a wide range of academic disciplines; the University of
Portsmouth offers more than 200
undergraduate degrees and 150 postgraduate degrees, as well as 65
research degree programs. Portsmouth was ranked third of all modern
post-92 universities in the UK for research power in the latest
Research Excellence Framework (REF) assessment. The QS World
University Rankings gave Portsmouth 5 stars for teaching,
employability, internationalization, facilities, arts and culture,
and inclusiveness and Portsmouth
is ranked in the top 150 universities under 50 years-old in the
world, according to the Times Higher Education Young University
Rankings. For more information, please visit
https://www.port.ac.uk/.
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 to its offering a
four-year Bachelor of Science in Business degree, expected to begin
in the Fall of 2023, 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 any definitive
agreements related to the MOU 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