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| ||Thu Jun 28, 2012|
China Education Resources Inc. Signs Exclusive Agreement with Shanxi Province Education Authority
| ||Vancouver, Canada -- (June 28, 2012) - China Education Resources, Inc. ("CER") (TSXV: CHN, OTCQX: CHNUF), a leading technology provider of online learning, training courses and social media for teachers, students and education professionals, is pleased to announce the conclusion of an exclusive arrangement to customize CER's leading School Platform (CER-SP) for Shanxi Province. |
Further to CER's May 1, 2012 press release, the Company is pleased to announce that it has signed an exclusive agreement with the Teaching & Research Division of Shanxi Provincial Education Department to customize the Company's School Platform (CER-SP) for Shanxi Province. The Teaching & Research Division will organize academic experts and distinguished teachers in Shanxi Province to develop video and written content. This new digital content will be uploaded to the CER-SP and, together with CER's existing content (which includes 100,000 lesson plans and other comprehensive education resources), will be available to teachers and students for education reform in Shanxi Province. Education reform in Shanxi emphasizes interaction among teachers and students using digital education resources and multimedia equipment in classrooms. The Education Department of Shanxi Province has selected two counties for its initial pilot program and plans to follow it up by a provincial conference to recommend the school platform to all the schools in Shanxi Province in October 2012.
Shanxi Province is one of the leading provinces in the K to 12 education sector. Shanxi emphasizes a student-centered teaching philosophy and has been selected by China's Central Government to be the demo province for China's education digitization plan. Shanxi Province has more than 17,000 schools with 360,000 teachers and 5.7 million students.
"We are very pleased to reach this important milestone and we expect the Shanxi school platform will be an example of the high-growth potential of our products and business model in other provinces." said Chengfeng Zhou, CEO, China Education Resources. "CER has over one million teachers registered with our portal and been engaged by 14 provinces to provide online training for their teachers. Adding Shanxi, which is a large and important province, to our customer-base is further evidence of the successful commercialization of our leading edge products and services."
The Company has developed an unparalleled and broad portfolio of education products that it believes is unavailable in any other education market. It has been market tested and developed in the world's largest education market. The Company intends to explore the potential to provide these online, networked products and services in other education markets. It may launch these products on its own or in partnership with domestic industry players. The Company's goal is to become the leading internet education service platform, content provider and social network to individuals and organizations in the education sector.
In collaboration with China's education administrators and experts, China Education Resources has been helping to transform the curriculum of the world's largest educational system. Recognizing the need to address education reform changes, China Education Resources has created educational tools and curriculum for China's entire kindergarten through twelfth grade system. The Company is playing an integral part in transforming China's educational system by helping to convert the existing educational system from a memory-based learning system to a creative thinking and interactive approach. Presently, China Education Resources has over one million kindergarten through twelfth grade teachers registered through its Web portal. For more information, please visit www.chinaeducationresources.com or call (604) 331-2388.
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.
Contact China Education Resources at: (604) 331-2388
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