Capital Alliance Group Inc.

Capital Alliance Group Inc.

June 07, 2007 13:29 ET

CIBT Expands to Southern China

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 7, 2007) -


Capital Alliance Group Inc. (TSX VENTURE:CPT) reports that its subsidiary, CIBT School of Business & Technology Corp. ("CIBT"), has signed an agreement with Nanhua College of Industry and Commerce to establish a CIBT Education Center offering a variety of programs available through CIBT and its academic partners in Guangzhou, Guangdong Province of China.

Using the latest in video conferencing technology, each CIBT Education Center will deliver programs from its Beijing studio headquarters while allowing for interaction between the student and the teacher via live video conferencing.

"This latest development marks the beginning of a series of new CIBT Education Centers to be established throughout China as previously announced," commented Toby Chu, President & CEO of Capital Alliance Group Inc. and CIBT.

About Nanhua College of Industry and Commerce:

Nanhua College of Industry and Commerce was established in 1993 following approval by the Government of Guangdong Province as a liberal arts and technical post-secondary institution with 127,000 square meters of classroom space, covering 124 acres of land on three campuses. Centrally located in Guangzhou City, and with over 7,000 full-time students, graduates of Nanhua College had an employment rate of 98.54%, giving the institution one of the highest employment rates in the province. The college offers programs in International Economics and Trade, Finance, Business Administration, Environmental Design, foreign languages, Computer Science, Tourism Management, Law, Medical Technology, totaling nine faculties.

About Guangzhou City, Guangdong Province:

Guangzhou is the capital of Guangdong Province in southern China. It is a port on the Pearl River, navigable to the South China Sea, and is located approximately 120 km. north-west of Hong Kong. According to the 2000 census, the metropolitan region of Guangzhou had a population of 12.6 million, making it the most populous city in the province and the third most populous metropolitan region in China.

About CIBT:

CIBT School of Business is a leading business, technology and technical school in China for over a decade. CIBT operates four campuses in Beijing, two campuses in Weifang, one campus in Anyang, and three learning centers in other cities in China. CIBT has academic partnerships with Beijing University of Technology and Weifang University, and delivers postsecondary business, technology and technical trade skill programs to students and corporations in China. By cooperating with leading education providers in North America including Western International University, a subsidiary of Apollo Group Inc., WyoTech Technical Institute, a subsidiary of Corinthian Colleges Inc., and other universities from Europe and Asia, CIBT delivers advanced curricula to meet the progressive needs of China's growing student population.

Capital Alliance Group Inc.

Toby Chu, President & C.E.O.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction.

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

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