VANCOUVER, May 11 /PRNewswire-FirstCall/ - CIBT Education
Group Inc. (NYSE AMEX: MBA) (TSX: MBA) ("CIBT") CIBT reports
that its wholly owned subsidiaries, Sprott-Shaw Degree College and King George
International College (collectively,
"CIBT Schools"), have signed cooperation agreements with
DeVry University ("DeVry") of
Downers Grove, Ill., one of the
largest, private sector universities in North America with more than 90 locations.
The articulation agreements will allow students
from CIBT Schools to start their program at CIBT Schools around the
world and complete their study at any DeVry
University campus in the United States. Courses
completed at CIBT Schools that are covered by the articulation
agreements are fully recognized by DeVry
University. DeVry University and
CIBT Schools are also working together to develop university
pathway programs so that students at CIBT Schools in China and other parts of Asia can better prepare themselves for
enrolling at DeVry University.
"As one of the leading international education
providers in China and
Canada, we actively enrol over
8,000 international students to study in Canada and Europe from 42 countries around the world,"
commented Toby Chu, President, CEO
and Vice Chairman of CIBT. "This cooperation with DeVry University will open up additional
transferability for students to study in the United States in addition to Canada and Europe. We feel that this is
a synergistic and beneficial move between CIBT Group of schools,
DeVry University, and our students at
large."
"This cooperative effort represents a
significant step toward DeVry
University's goal of globalization with an increasing number
of international students pursuing undergraduate and graduate
degrees at DeVry University campuses in
the United States," said
James Kho, vice president business
development at DeVry University.
About DeVry
University:
Founded in 1931, DeVry
University is one of the largest, private sector
universities in North America,
with nearly 93,000 students enrolled in the United States and Canada. The university's mission is to foster
student learning through high-quality, career-oriented education
integrating technology, business, science and the arts. With more
than 90 locations, DeVry University
delivers practitioner-oriented undergraduate and graduate degree
programs onsite and online that meet the needs of a diverse
and geographically dispersed student population. Home to five
colleges of study, including Business & Management, Engineering
& Information Sciences, Health Sciences, Liberal Arts &
Sciences, and Media Arts & Technology, DeVry University's outstanding faculty members work
in the fields that they teach, providing students with real-world
experiences that prepare them for high-growth careers.
DeVry University is
institutionally accredited by The Higher Learning Commission of the
North Central Association, www.ncahlc.org. DeVry University, a part of DeVry Inc. (NYSE: DV),
is based in Downers Grove, Ill.
For more information about DeVry
University, find us on Twitter @DeVryUniv,
Facebook/DeVryUniversity or visit www.devry.edu.
About CIBT Education Group:
CIBT Education Group Inc. is an education
management company focused on the global education market. Listed
on the Toronto Stock Exchange and the NYSE Amex, CIBT Group owns
and operates a network of business, technical and language colleges
and has cooperative joint programmes at over 70 locations in 18
countries. Its subsidiaries include Sprott-Shaw Community College
(established in 1903), Sprott-Shaw Degree
College, CIBT School of Business China, and King George
International College. Through these
subsidiaries, CIBT Group offers Western and Chinese accredited
business and management degrees, and programmes in college
preparation, automotive maintenance, information technology, hotel
management and tourism, English language training, English teacher
certification, and other career/vocational training. In addition to
its wholly-owned subsidiaries, CIBT Group is the exclusive licensee
for the American Hotel & Lodging Association Educational
Institute (ALHA-EI) in China and
the Philippines, and the WyoTech
Automotive Institute for China.
CIBT also owns Irix Design Group, a leading design and advertising
company based in Vancouver,
Canada.
ON BEHALF OF THE BOARD OF DIRECTORS
"Toby Chu"
Toby Chu
Vice-Chairman, President & CEO
FORWARD-LOOKING STATEMENTS:
This news release contains forward-looking
statements about CIBT Education Group Inc. and its future plans.
Forward-looking statements are statements that are not historical
facts. The forward-looking statements in this news release
are subject to various risks, uncertainties and other factors that
could cause the company's actual results or achievements to differ
materially from those expressed in or implied by forward-looking
statements. With respect to the statements in this news release
that state the potential development of future programs and
synergistic benefits of the cooperation, these risks, uncertainties
and other factors include, without limitation, uncertainty as to
the company's ability to achieve the goals and satisfy the
assumptions of management; uncertainties as to the demand for the
programs offered by DeVry; and general economic factors and other
factors that may be beyond the control of the company.
Forward-looking statements are based on the beliefs, opinions and
expectations of the company's management at the time they are made,
and CIBT does not assume any obligation to update its
forward-looking statements if those beliefs, opinions or
expectations, or other circumstances, should change.
Neither the NYSE Amex nor the Toronto
Stock Exchange accepts responsibility for the adequacy or accuracy
of this news release.
SOURCE CIBT Education Group Inc.