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| | Tue Mar 29, 2011
China Education Resources To Significantly Expand Its Online Teacher Training Program Into China's Liaoning Province After Receiving Official Endorsement By Education Officials
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| | Initial Rollout to Cover Over 100,000 Teachers in 4,000 Schools
VANCOUVER, British Columbia -- (March 29, 2011) - China Education Resources, Inc. ("CER") (TSXV: CHN, OTCQX: CHNUF), a leading technology provider of online learning, training courses and tools for teachers, students and education professionals in China, announced today that it has received official authorization from the Liaoning provincial education officials to provide online teacher training and study programs in conjunction with the country's mandated continuing education credit program.
The Liaoning Province with over 43 million residents in 14 cities, covering 56,300 square miles, has 9,000 schools with 294, 961 teachers instructing 4.5 million students. The Provincial Education Commission selected five cities, representing approximately 104.490 teachers and 1.6 million students, to initially start the program in March. These five cities will each select 800 teachers, for a total 4,000 teachers, to participate in the initial program. The fee per teacher for the training program, which will be financed by the provincial and municipal governments, will be 200 RMB (US$30). The program will be administered using CER's School Platform and is an ongoing program requiring teachers to achieve continuing training credits during their careers.
Commenting on the provincial endorsement, Chengfeng Zhou, China Education Resources' CEO, said, "This is a milestone achievement for our company. The Liaoning Province offers an incredible opportunity for our company to participate in China's education initiative. We have built a powerful infrastructure to provide efficient and dynamic on-line training in support of the initiative. Our four-step growth plan has now been expanded to fourteen provinces throughout China. As our comprehensive training resource portal gains traction throughout the educational system, we anticipate achieving similar endorsements as we achieved in the Liaoning Province."
About China Education Resources
In collaboration with China's education administrators and experts, China Education Resources is helping to transform the curriculum of the world's largest educational system from memory based system to a creative thinking and interactive method. China Education Resources has created educational tools and curricula for China's entire kindergarten through twelfth grade system. Presently, China Education Resources has over 1 million kindergarten through 12th grade teachers registered through its Web portal. For more information, visit www.chinaeducationresources.com or call (604) 331-2388. Information about China Education Resources can also be viewed via Facebook and Twitter. To receive press releases, investor newsletters & corporate updates, email admin@chinaeducationresources.com.
Safe Harbor Statement
Certain statements made herein, and other statements relating to matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information and statements are typically identified by words such as "anticipate", "could", "should", "expect", "seek", "may", "intend", "likely", "plan", "estimate", "will", "believe" and similar expressions suggesting future outcomes or statements regarding an outlook. All such forward-looking information and statements are based on certain assumptions and analysis made by China Education Resources, Inc.'s management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information or statements. Important factors that could cause actual results to differ from these forward-looking statements include those described under the heading "Risks and Uncertainties" elsewhere in the Company's MD&A filed at www.SEDAR.com. The reader is cautioned not to place undue reliance on forward-looking information or statements. Except as required by law the Company does not assume the obligation to revise or update these forward looking statements after the date of this document or to revise them to reflect the occurrence of future, unanticipated events.
The TSX Venture Exchange has not reviewed, and does not accept, responsibility for the adequacy or accuracy of the contents of this press release.
Website: http://www.chinaeducationresources.com |
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| | You can view the Previous In the News item: Wed May 4, 2011, China Education Resources Inc. Generated Revenues of $5,436,165 in 2010 A 95% increase in revenue as compared with that of 2009
You can view the Next In the News item: Fri Mar 11, 2011, China Education Resources Along With Prominent Education Experts & Institutions Establish The "China Primary & Secondary School Online Education Academy" To Help Improve Teacher Training & The Classroom Experience In China
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