The Large Increase in Enrollment from Overseas
Students Reflects EEIQ's Success in its Mission of
Internationalization
MIDDLETOWN, Ohio, April 25,
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 its
70%-owned Davis College has experienced
a 26% increase in the enrollment of international students for the
first three quarters of the 2022 – 2023 academic year as compared
to those of the 2021 – 2022 academic year. Each academic year
comprises Fall, Winter, Spring and Summer quarters.
EEIQ Realizing Success with its
International Growth Strategy
Diane Brunner, President of
Davis College, commented, "Our strong
year-over-year increase reflects the success of our mission to
internationalize our student body. We believe that the wide range
of our academic and skills training programming at Davis College is attuned to the global job market
which is a big recruiting draw for international students. Further,
our developing relationships with international colleges and
universities offer multicultural experiences that will deepen our
international curriculum. We will continue to provide a unique,
cost-effective platform for both domestic and international
students to optimize their career options for today's challenging
job market."
For the first three quarters of the 2022 – 2023 academic year,
107 international students enrolled at Davis
College as compared to 85 international students for the
same period of the 2021 – 2022 academic year. In addition, for the
2022 – 2023 academic year, international students comprised 31% of
Davis College's student body as
compared to 28% for the 2021 – 2022 academic year.
EEIQ is committed to executing upon its strategic growth plan of
internationalization. The Company believes that its expanded
recruiting efforts will further internationalize its student body
at its operated colleges and that its culture of learning and its
focused career training programming will lead to a wide range of
employment opportunities for its students.
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 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 is a 70% owner of and operates
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 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