SOURCE: China Education International Inc.
DELRAY BEACH, FL--(Marketwire - Aug 2, 2012) - China Education International, Inc. (OTCBB: CEII) (the "Company"), which manages the operation of private schools and educational organizations within China, today announced that Hangzhou Kunjiang Education and Technology Co., Ltd. ("Hangzhou Kunjiang"), the Chinese management company which is a wholly owned subsidiary of the Company, has formed an Advisory Board to provide it with expertise and guidance regarding its current and future activities within China.
The Advisory Board will focus its attention on each of the Company's schools and educational organizations, and serve as a clearinghouse for exchanging ideas and new programs amongst the schools. The Board will also provide "Peer Review" quarterly reports which will help steer each school's management and staff towards the highest standard of operations in every area.
In addition, the Advisory Board will investigate new schools, educational organizations, and business opportunities for the Company within China.
The Advisory Board will initially consist of three of the Company's own school presidents or principals, three independent principals or presidents of unrelated schools, one former senior Chinese government official from a Chinese department of education, as well as both the Chief Executive Officer and the Chief Financial Officer of Hangzhou Kunjiang. School presidents and principals will serve on a rotating basis and the meetings will be open for all school presidents and principals to attend where possible.
Joel Mason, the Company's Chief Executive Officer, commented, "We are excited about the formation of the Advisory Board in China and believe it will exert an enormous amount of influence on our operations within China. The primary focus is to continue sharing new and valuable techniques and information which is both thematic and practical. We look forward to their leadership and participation. Beyond their involvement in our current schools and educational organizations, the Advisory Board will assist the Company in recruiting and evaluating new opportunities and situations."
About China Education International, Inc.
Headquartered in Delray Beach, FL, China Education International, Inc. is a leader in managing the operations of private schools and educational organizations in China, including providing international partnership study programs, more effective English language instruction, and recruiting American and other international teachers for Chinese schools and organizations. The Company manages the operations of Shaoxing High School (Zhejiang Province), Pingtan Lanhua Middle & High School (Fujian Province), Meihua Anhui Training School (Anhui Province), and Peng Tuo (Zhejiang Province), directly or indirectly providing leadership, financial guidance, and expansion plans. The academic schools under the Company's management provide China's unified national core curriculums including Chinese, English, mathematics, physics, history, biology and other subjects, while the educational organizations provide specialized educational training and programs. For more information, visit: www.chinaeducationintl.com.
This press release contains forward-looking statements, which may be identified by words such as "believes," "expects," "anticipates," "estimates," "projects," "intends," "should," "seeks," "future," "continue," or the negative of such terms, or other comparable terminology. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein. Factors that could cause actual results to differ materially include, but are not limited to: economic and operational risks, changes in anticipated earnings, continuation of current contracts, an increase in student enrollment in our current schools and educational organizations, the addition of new schools and educational organizations, the successful implementation of AEC or other international programs and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligation to publicly update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by law.