CIBT FEATURED ON CHINA’S NATIONAL TELEVISION
CIBT School of Business & Technology Corp. (“CIBT”), a subsidiary of Capital Alliance Group Inc. (TSX-V: CPT) and a leading business school in China, was recently featured in “China Today”, a 30-minute documentary magazine program broadcast on the English-language channel of China Central Television (CCTV), China’s largest national television network. The format of China Today is similar to the widely popular CBS News magazine, “60 Minutes”. CCTV is a state-owned, non-profit network that reaches more than 1.1 billion people across the country through thirteen channels. Its English-language channel is broadcast via satellite all around the world.
To highlight the advantages of private education over traditional public education, China Today interviewed Mr. Shuai Yang, General Manager of CIBT, who explained how private education adds value to China’s education sector.
Capital Alliance Group would also like to announce two new appointments:
Mr. James Neil replaced Mr. Quentin Mai on May 3, 2004 as the Vice President of Business Development and Corporate Relations. Mr. Neil holds a Bachelor of Arts degree from the University of Victoria and has been a financial consultant for the past eight years. His areas of expertise require corporate finance, corporate communications, venture capital and mergers and acquisitions. In addition, he has sophisticated knowledge of the capital markets and has been a successful equities and options trader for more than ten years.
Mr. Alfred Ng has been appointed to join the company’s Board of Directors and Audit Committee. Mr. Ng is the President and founder of ANG International Group Ltd., a company that markets and manufactures heat distributing systems and air conditioning products from North America and Europe. Mr. Ng has extensive experience doing business in North America, Asia and particularly China, establishing business presence in over thirty Chinese cities, Canada and the United States in the last thirty years.
Founded in 1994, CIBT School of Business is a recognized business school in Beijing, China. CIBT operates two campuses in Beijing and three learning centers in other cities in China. CIBT has an academic partnership with Beijing University of Technology and delivers postsecondary business and technology education to students and corporations in China. By cooperating with leading education providers in North America, Europe and Asia, CIBT continually develops advanced curricula to meet the needs of China’s growing economy.
On Behalf of the Board of Directors of CIBT.
President and C.E.O
THE CANADIAN VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES IN ANY JURISDICTION.
“SAFE HARBOR” STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: THIS NEWS RELEASE CONTAINS FORWARD LOOKING STATEMENTS THAT ARE NOT HISTORICAL FACTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE SET FORTH IN OR IMPLIED HEREIN.