CIBT Ranked in Top 100 Public Companies in BC & Among Canada’s Fastest Growing Companies
June 23rd, 2009 CNW Group: CIBT Education Group Inc. (NYSE Amex and TSX.V symbol: MBA) is pleased to report that it has been ranked by Business in Vancouver newspaper as one of the top 100 public companies in British Columbia. In addition, CIBT was also ranked as one of Canada’s fastest growing companies by Profit Magazine.
Business in Vancouver is a weekly publication serving Greater Vancouver since 1989. The rankings can be found in the June 23, 2009 issue of Business in Vancouver or online at http://www.biv.ca.
Profit Magazine is a bi-monthly publication that has a strong history of serving the entrepreneurial community since 1984. The rankings can be found in the June 2009 issue of Profit Magazine or online at http://www.profitmagazine.ca.
“We are pleased to be recognized by two prominent business publications in Canada for our rapid growth during the last few years”, commented Toby Chu, Vice-Chairman, President & CEO. “The company continues to strive towards rapid expansion and to realize our vision of becoming a global education player by providing advanced western education to students in emerging countries.”
About CIBT Education Group Inc.
CIBT Education Group Inc. (“CIBT”) is an education management and investment company with a special focus on the global education market. Its subsidiaries, CIBT School of Business, Tourism Training Institute (Beijing), and Sprott-Shaw Degree College Corp., which is comprised of Sprott-Shaw Degree College, Sprott-Shaw Community College (established in 1903) and Sprott-Shaw International Language College, possess a combined operating history of over 136 years in China and Canada’s education sectors. CIBT owns and operates a network of business, technical and language colleges with presence at over 40 campuses and teaching locations including Australia, Canada, China, Jamaica, Jordan, New Zealand, Netherland, the Philippines, South Korea, United Kingdom, United States and Vietnam. CIBT delivers Western and Chinese accredited business and management degree programs, automotive, and diesel maintenance programs, IT programs, travel and tourism programs and career/vocational programs through its network of campuses and academic partnerships around the world. CIBT Group also owns Irix Design Group, a leading design and advertising company based in Vancouver, Canada. In 2008, Irix Design was ranked 15th in the list of Biggest Ad Agencies in Greater Vancouver by the Business in Vancouver newspaper.
CIBT Education Group Inc.
Vice-Chairman, President & CEO
Investor Relations Contact: Ed Cheung N. America Toll Free: 1-888-865-0901 extension 318 * Email: email@example.com
Legal Notice Regarding Forward-Looking Statements: “Forward-looking Statements” as defined in the Private Securities Litigation Reform Act of 1995 may be required in this news release. These statements relate to future events or CIBT’s future financial performance. These statements are only predictions and may differ materially from actual future results or events. CIBT disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions, actions of CIBT’s competitors, the extent to which CIBT is able to develop new services and markets for their services, the time and expense involved in such development activities, the level of demand and market acceptance of their services and changes in our business strategies.
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