China Education Resources Inc.
TSX VENTURE : CHN
PINK SHEETS : CHNUF

China Education Resources Inc.

September 04, 2007 09:01 ET

China Education Resources Inc. Announces Financial Results for the First Six Months of 2007

Provides Chinese news translations Internet-based teacher training receives rave reviews

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 4, 2007) - China Education Resources Inc. (CER, the Company) (TSX VENTURE:CHN)(PINK SHEETS:CHNUF), a leading provider of K-12 education resources and services through its national internet portal, CERSP.com, today announced its consolidated financial results for six months ended June 30, 2007.

The Company reported today a slight increase in sales revenue of $400,072 compared to $346,202 during the first six months of 2006. Of the $400,072 revenues generated, $221,907 were generated from the CERSP internet based portal compared to nil CERSP portal generated revenue for the comparable period in 2006. The Company had a net loss of $.0282 per share for the six-month period ending June 30, 2007 compared with $.0366 per share for the first six months of 2006.

"We are pleased to report modest revenue growth, more importantly however, is that our CERSP online teacher-training beta-testing is successfully completed," commented China Education Resources' Chairman and CEO, Mr. Chengfeng Zhou. "We now have a fully operational teacher training capability of up to 500,000 trainees and we are receiving rave reviews from current participants, government officials, educators, administrators and the Chinese media."

An on-line interview with Mr. Chengfeng Zhou is scheduled to take place on September 5, at 2:00 p.m. EDT. The interview will be conducted by www.wallst.net and be posted by 8 p.m. EDT on http://www.wallst.net. Mr. Zhou will discuss his growth strategy and progress with the company.

China is passionate about education and CER is at the forefront of the massive new changes in the country's K-12 education system. In an August 21, 2007 Investors Business Daily article, it was reported that public and private spending on education in China exceeds $180 billion each year.

Mr. Zhou commented, "We at China Education Resources believe that China will benefit from our CERSP internet portal by enabling changes to occur faster and across the entire country at a fraction of the cost." The Company has received numerous accolades in China from educators, trainee participants, government officials and the media. These have been translated and are available on the CER website under "What others are saying about CER".

Link: http://www.chinaeducationresources.com/i/pdf/CERSPmediaarticles20070831.pdf

Link: http://www.chinaeducationresources.com/i/pdf/Surveyof2007Tng(MuYan20070831).pdf

(Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your internet browser's URL address field.)

ABOUT CHINA EDUCATION RESOURCES INC.

China Education Resources Inc. (CER) is a leading education development and services company, focused on the kindergarten to grade 12 education community in China. In collaboration with the Ministry of Education's Curriculum Development Center, CER developed the first and most comprehensive CERSP web portal in China to provide comprehensive online resources to support the country's national education modernization program. The CERSP web portal system provides support to online teacher training; student tutoring; education e-management; push mail; regional training and more. This portal is accessible at www.cersp.com.

Safe Harbor Statement

This press release contains certain forward-looking statements that reflect the current views and/or expectations of China Education Resources Inc. with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly.

To receive press releases, investor newsletters and corporate updates, please email your request to: admin@chinaeducationresources.com.

The TSX Venture Exchange has not reviewed, and does not accept, responsibility for the adequacy or accuracy of the contents of this press release.

Contact Information