MIDDLETOWN, Ohio, Dec. 20, 2022 /PRNewswire/ — EpicQuest Schooling Group Worldwide Restricted (NASDAQ: EEIQ), (the “Firm” or “EpicQuest Schooling”), a supplier of complete schooling options for home and worldwide college students excited about school and college packages within the US, Canada, and the UK, at present introduced that on November 10, 2022, the Firm expanded its worldwide progress technique with its signing of a non-binding Memorandum of Understanding (“MOU”) with ICBT Campus of Sri Lanka (“ICBT”). The MOU articulates particular partnership packages and collaboration actions between Davis School and EduGlobal School, the Firm’s two schools during which it has controlling pursuits, and ICBT.
“With this MOU, we’re persevering with to implement our strategic progress plan to enter worldwide academic markets. We intend to develop quite a few collaborative packages with famed increased schooling establishments the place we are able to obtain significant alternatives to reinforce our college students’ academic expertise,” stated Jianbo Zhang, Chairman, and CEO of EpicQuest Schooling. “In the meantime, we’re additionally trying into the potential of creating a working hub in Sri Lanka to facilitate our enlargement into the Southeast Asia market to leverage our instructional programming and distinctive tradition of studying to incorporate Viet Nam, Thailand, Malaysia, and India. Our management staff is on the bottom in Sri Lanka to assist us to execute our strategic progress objective to internationalize our pupil recruiting and educational programming for each Davis School and EduGlobal School.”
The aim of the MOU is to determine alternatives for a proper partnership for franchising the primary 12 months of Davis School’s Affiliate Diploma educational program and EduGlobal School’s college pathway basis program, each of that is to be delivered at ICBT. Each package would allow ICBT to situation normal inside certificates and transcripts to college students who fill these respective first 12 months of research in Sri Lanka. As well as, college students who full the primary 12 months of research of the Davis School Affiliate Diploma program at ICBT shall be provided assured placement for the second 12 months of the Affiliate Diploma program at Davis School within the US and college placement to finish their undergraduate levels.
An important element of EpicQuest Schooling’s strategic progress plan is to have Davis School and EduGlobal School turn out to be more and more concerned with worldwide collaborations so as to leverage their distinct educational programming and distinctive tradition of studying. The Firm is intent on providing enhanced globalized studying to its college students in addition to pathway packages to attain superior college levels. An important element of the Firm’s progress plan is to construct cross-border relationships and to make strategic acquisitions across the globe to determine EpicQuest Schooling as a really worldwide supplier of upper studying.
About Davis School
Davis School was based in 1858 and is a non-public, two-year professional coaching school situated in Toledo, Ohio. Davis School affords a specialized skilled professional coaching curriculum within the fields of enterprise, medical, and early childhood schooling. The school’s mission is to supply marketable abilities that improve the employability of its graduates. Davis School affords coursework flexibility to make sure program success in addition to externship alternatives that present its pupil inhabitants with real-world talent units previous to commencement. As well as, Davis School has agreements with quite a few four-year US universities for ‘switch pathway’ packages that pave the best way for college students from two-year schools to realize admission whereas having the ability to switch their course credit. Davis School is accredited by The Greater Studying Fee and the Ohio State Board of Profession Faculties and Colleges with packages approved by the Ohio Board of Greater Schooling. For extra info, please go to https://www.daviscollege.edu/.
About EduGlobal School
EduGlobal School is a non-public school situated within the Metro Vancouver space, British Columbia, Canada. EduGlobal School gives English language packages for worldwide college students who’re searching for educational and professional development and makes a specialty of English for Tutorial Functions (EAP) packages (often known as English as a Second Language, or ESL, packages) that target serving to worldwide college students purchase the superior competencies in educational English that shall be vital for them to finish their diploma packages. In tandem with its EAP program, EduGlobal School affords first-year college programs and a Grasp’s Tutorial Preparation Program to assist put together worldwide college students who’ve accomplished a bachelor’s diploma and aspire to pursue graduate research at a Canadian college. EduGlobal School additionally affords college students a progressive mannequin for bridging the hole between personal and public sector post-secondary schooling in Canada through its pathway program. EduGlobal School is authorized by The Personal Coaching Establishments Department (PTIB) of the Ministry of Superior Schooling and Expertise Coaching within the Province of British Columbia, Canada. For extra info, please go to https://eduglobalcollege.com/.
About EpicQuest Schooling Group Worldwide Restricted
EpicQuest Schooling Group Worldwide Restricted (“EpicQuest Schooling” or the “Firm”), by its subsidiaries Quest Holding Worldwide LLC and Highrim Holding Worldwide Restricted, gives complete schooling options for home and worldwide college students excited about college and school diploma packages within the US, Canada, and the UK. The Firm has acquired 80% of the fairness of EduGlobal School, primarily based in British Columbia, Canada, which focuses on English proficiency academic programming for college students pursuing educational levels. The Firm additionally acquired a 70% fairness possession place in Ameri-Can Schooling Group Corp. that owns 100% of the inventory of Davis School, a professional coaching school situated in Toledo, Ohio. As well as, the Firm has a recruiting relationship with the regional campuses of Miami College of Ohio, the place it maintains residential services, a full-service cafeteria, leisure services, shuttle buses, and a workplace for the regional campuses that gives research overseas and post-study providers for its college students; these services should not be owned, maintained, operated or are part of Miami College of Ohio. The Firm additionally acts as a recruiting agent for the College of the West of Scotland (by The Schooling Group (London) Ltd) and Coventry College, each of that is situated within the United Kingdom. For extra info, please go to https://www.epicquesteducation.com/.
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Sure the statements made on this press launch are “forward-looking statements” throughout the means and protections of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Change Act of 1934, as amended. Ahead-looking statements embrace statements with respect to our beliefs, plans, goals, targets, expectations, anticipations, assumptions, estimates, intentions, and future efficiency, and contain recognized and unknown dangers, uncertainties, and different elements, which can be past our management, and which can trigger the precise outcomes, efficiency, capital, possession or achievements of the Firm to be materially completely different from future outcomes, efficiency or achievements expressed or implied by such forward-looking statements. All statements aside from statements of historic reality are statements that might be forward-looking statements. You’ll be able to establish these forward-looking statements by our use of phrases comparable to “could,” “will,” “anticipate,” “assume,” “ought to,” “point out,” “would,” “consider,” “ponder,” “anticipate,” “estimate,” “proceed,” “plan,” “level too,” “mission,” “might,” “intend,” “goal” and different related phrases and expressions of the long run.
All written or oral forward-looking statements attributable to us are expressly certified of their entirety by this cautionary discovery, together with, without limitation, these dangers, and uncertainties described in our most up-to-date Kind 20-F and in any other cases in our SEC experiences and filings. Such experiences can be found upon request from the Firm, or from the Securities and Change Fee, together with the SEC’s Web website at http://www.sec.gov. We’ve no obligation and don’t undertake to replace, revise, or right any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements in any other case are made.
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