January 11th, 2012 CNW Group: CIBT Education Group Inc. (NYSE
AMEX: MBA) (TSX: MBA) ("CIBT Group" or the "Company") is
pleased to announce that it has signed a Memorandum of
Agreement ("Agreement") with the Canadian Institute of
Education in Iraq ("CIE") to launch Sprott-Shaw's Business
and Healthcare programs, and KGIC's English Language programs
within the northern provinces of Iraq. Programs will be
delivered via CIBT's Global Learning Network ("GLN") in real
time between Vancouver, Canada and the Iraq campus.
Under the terms of the Agreement, CIE will market the
programs, admit students and deliver the training in the
northern Iraq market, while adhering to the standards set by
the Company. The Company will provide program content,
marketing and strategic support, train the trainers, and
deliver a portion of the intended programs via the GLN. CIE
will also become a recruiter for Sprott-Shaw and KGIC in
Iraq. Students will complete a portion of their studies in
Iraq, then transfer to the Company's Canadian Campuses to
further their education and work experience in Canada before
returning to Iraq.
"We are pleased to become a contributing member of the global
education community by providing North American educational
contents to the people of Iraq," commented Toby Chu,
President, CEO and Vice Chairman of CIBT, "Our Global
Learning Network once again demonstrated its effectiveness in
delivering North American educational content to students
from around the world at reduced financial cost, and
completely eliminated the potential risk to our staff due to
political disruptions, epidemic outbreaks or natural
disaster."
Canadian Institute of Education:
The Canadian Institute of Education ("CIE") is based in Iraq
and a new affiliate of the Company. CIE offers quality
education from Canada and North America to the Iraqi
community. The mission of CIE is to achieve excellence. CIE
is dedicated to serving the Iraqi community by recognizing
the diverse needs of individuals. CIE encourages personal and
professional development through respect, appreciation and a
commitment to quality education, as a foundation for
life-long learning. As an institution of Education &
learning, the CIE is committed to preparing students to be
active, productive and successful contributors to the local
and global community.
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 Group 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
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