MIDDLETOWN, Ohio, Aug. 31,
2022 /PRNewswire/ -- Elite Education Group
International Limited (NASDAQ: EEIQ), a provider of
comprehensive education solutions for domestic and international
students interested in college and university programs in the US,
Canada and the UK, today announced
that it is changing its corporate name to EpicQuest Education Group
International Limited ("EpicQuest Education" or the "Company"),
with this new corporate name change to be effective immediately.
The Company's common stock will continue to trade on the NASDAQ
Capital market under the ticker symbol "EEIQ"; and our new Company
website is www.epicquesteducation.com.
Elite Education Group International Limited
Announces Name Change to EpicQuest Education Group International
Limited
"Our corporate name change to EpicQuest Education more
accurately reflects our focus on students' individual journeys and
our mission to help them in their quest to achieve academic and
career success," stated Chairman and Chief Executive Officer
Jianbo Zhang, "As we continue to
grow, we intend to become even more focused on helping students
attain their aspirational goals though a wide spectrum of academic
programming, flexible learning environments and career-oriented
education that leads to fulfilling employment."
"Our mission is to create an enriched educational experience to
better prepare our students for the global marketplace by
internationalizing both our curriculum and our student body. As an
owner and operator of for-profit colleges, our mission continues to
evolve with the advent of pathway programs and numerous
collaborations with colleges and universities around the world
which we believe will empower our students for their lifelong
journeys ahead," CEO Mr. Zhang concluded.
The Company, through its subsidiary Quest Holding International
LLC, located in Middletown, OH, is
firmly committed to our relationship with the regional campuses of
Miami University of Ohio where we
continue to provide students who want to study abroad a turnkey
approach that includes the best possible living accommodations,
security arrangements and support services for them to be
successful in their academic studies. The Company, through its
controlling equity positions in Davis
College located in Toledo,
OH, and EduGlobal College located in Vancouver, BC, Canada, has re-strategized to further
internationalize our student demographic thereby creating a higher
level of diversity and inclusiveness.
A vital component of EpicQuest Education's growth plan is to
build cross-border relationships and make strategic acquisitions to
establish EpicQuest Education as a truly international service
provider of higher learning. We believe that serving niche markets
that meaningfully connects our academic programming to students who
may not ordinarily pursue higher education, but that enables them
to reach their aspirational goals, is a positive and effective
business model, and one that will be successful in providing solid
returns to all of our students and shareholders alike.
About EpicQuest Education Group International
Limited
EpicQuest Education Group International Limited ("EpicQuest
Education" or the "Company"), through its subsidiaries Quest
Holding International LLC and Highrim Holding International
Limited, provides comprehensive education solutions for domestic
and international students interested in university and college
degree programs in the US, Canada
and the UK. The Company has acquired 80% of the equity of EduGlobal
College, based in British Columbia,
Canada, which focuses on English proficiency educational
programming for students pursuing academic degrees. The Company has
also acquired the right to a controlling equity ownership position
in Davis College, a career training
college located in Toledo, Ohio.
In addition, the Company has a recruiting relationship with the
regional campuses of Miami University of
Ohio ("the MU 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 also acts as 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 United Kingdom.
For more information, please visit 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 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
ir@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