HARBIN, China, Jan. 14 /PRNewswire-Asia-FirstCall/ -- China Education
Alliance, Inc. (OTC Bulletin Board: CEUA) ("China Education Alliance" or "The
Company"), a leading distributor of educational resources, offering high
quality programs and training both through online networks and an on-site
training center in China, today, announced an exciting new development within
their vocational education business. "360 Employment Database Bank", a
vocational education business program, is an electronic recruiting platform
that connects graduates with hiring enterprises.
"360 Employment Database Platform" includes over 50,000 student profiles
featuring their education background, students' proprietary test scores,
special skills and overall life achievements. The website also contains over
10,000 participating enterprises that are looking for skilled qualified job
candidates. The goal of this program is to efficiently facilitate the career
placement and employment training for college graduates seeking employment in
China. Please visit http://www.360ve.com for additional information regarding
the platform.
In 2008, the number of college graduates in China has reached 5.6 million,
the highest in recent years. Under the current economic outlook and tough
employment condition, Chinese college graduates are more eager to receive
additional career guidance and training than ever before. Under the China
Education Alliance's vocational education programs, "360 Employment Database
Bank" provides career planning lectures, employment and entrepreneurship
training as well as campus recruitment. By combining psychology traits of
students from different majors, China Education Alliance also meticulously
designs and organizes a series of interesting and effective campus events.
China Education Alliance's mission is to provide students with practical and
employment tools in order to enhance their competitiveness in today's job
market. "360 Employment Database Bank" program has been well received by many
highly respected universities and the collaboration has achieved tremendous
success.
Currently China Education Alliance is working with 27 famous state owned
universities in Beijing including: Tsinghua University, Renmin University of
China, Minzu University of China, Central University of Finance and Economics
and 13 private colleges in Beijing including Beijing Jili University, Beijing
Renwen University, Beijing Science Technology and Management College. China
Education Alliance has invited well known career experts and professional
leaders in China to be counselors for the program. These counselors include
Ren Zhanzhong, Director of Beijing College Graduate Employment Center, Luo
Shuangping, Research Associate of Chinese Academy of Personnel Science,
Professor Ying Wengang, Doctoral Advisor of Institute of Psychology of Chinese
Academy of Science and Gan Bin, famous personnel expert and training director
of Beijing Human Resource Association for Foreign Enterprises. Student
participants were very excited to have an opportunity to receive guidance from
career experts as well as real life professionals.
Mr. Xiqun Yu, CEO of China Education Alliance commented, "We will continue
our dedication to and providing Chinese college graduates with various,
immediate and effective career development training in order to help solve the
job placement issues in China. In order to achieve this goal, China Education
Alliance is preparing to sign strategic agreements with large state owned
enterprises, private companies as well as foreign enterprises based on joint
cooperation. Our goal is to successfully translate specific skills into
specially designed programs in order to meet job market demands. This way we
can efficiently place as many graduates with different hiring companies as
possible."
About China Education Alliance, Inc.:
China Education Alliance, Inc. is a fast growing, leading China-based
company offering high-quality education resources and services to students
ages 7 to 18 and adults ages 18+. For students ages 7 to 18, China Education
Alliance, Inc. offers supplemental online exam-oriented training materials and
on-site exam-oriented training and tutoring services. All resources and
tutoring services are provided by famous teachers within mainland China. The
purpose of online exam orientated resources and on-site tutoring is to help
Chinese students ages 7 to 18 to pass the two most important, and highly
competitive exams in their educational career: senior high school entrance
exam and college entrance exam. For graduates and professionals age 18+, China
Education Alliance provides vocational training including IT and Accounting
training programs. In addition, as of April 2008, the Company has acquired 70%
of the "World Exchange College of Language" English training business,
headquartered in Toronto with sites expanding across China. Their
comprehensive English programs are designed to assist graduates and
professionals in learning the English language, both written and
conversational in order to better able them to work for a foreign corporation
or work-study abroad. For more information about CEUA, please visit
http://www.chinaeducationalliance.com .
Safe Harbor Statement:
Safe Harbor Statement Under the Private Securities Litigation Reform Act
of 1995: Certain statements in this press release constitute forward-looking
statements for purposes of the safe harbor provisions under The Private
Securities Litigation Reform Act of 1995. These statements include, without
limitation, statements regarding our ability to prepare the company for
growth, the Company's planned expansion in 2008 and predictions and guidance
relating to the Company's future financial performance. We have based these
forward-looking statements largely on our current expectations and projections
about future events and financial trends that we believe may affect our
financial condition, results of operations, business strategy and financial
needs and are not a guarantee of future performance but they involve risks and
uncertainties that could cause actual results to differ materially from those
in the forward-looking statements, which may include, but are not limited to,
such factors as unanticipated changes in product demand especially in the
education industry, pricing and demand trends for the Company's products,
changes to government regulations, risk associated with operation of the
Company's new facilities, risk associated with large scale implementation of
the company's business plan, the ability to attract new customers, ability to
increase its product's applications, cost of raw materials, downturns in the
Chinese economy, the adoption by consumers of its new game business, the
unproven advertising model that is dependent on attracting a large game user
base, and other information detailed from time to time in the Company's
filings and future filings with the United States Securities and Exchange
Commission. Investors are urged to consider these factors carefully in
evaluating the forward-looking statements herein and are cautioned not to
place undue reliance on such forward-looking statements, which are qualified
in their entirety by this cautionary statement. The forward-looking statements
made herein speak only as of the date of this press release; readers are
cautioned not to place undue reliance on any of them and the Company
undertakes no duty to update any forward-looking statement to conform the
statement to actual results or changes in the company's expectations.
For more information, please contact:
Ms. Susan Liu
Chief Financial Officer
China Education Alliance, Inc.
Tel: +1-778-388-8513
Email: susan@edu-chn.com
Joseph Villalta / Linda Ni
The Ruth Group
Tel: +1-646-536-7013 /003
Email: jvillalta@theruthgroup.com /
lni@theruthgroup.com
SOURCE China Education Alliance, Inc.