BEIJING, Jan. 21 /PRNewswire-Asia-FirstCall/ -- ChinaEdu Corporation
(Nasdaq: CEDU) ("ChinaEdu" or "the Company"), a leading educational services
provider in China, announced that it has received the ''2008 China's Most
Influential Education Group'' award at the 2008 annual Tencent China Education
Industry Review. ChinaEdu's 101 Distance Learning Center or the 101 Online
School also won the Tencent ''Top Ten Best Personalized Online Tutoring
Organizations'' and Sina's ''Top Ten Online Education Institutions'' awards.
In addition, we are pleased to announce that four of our long-term exclusive
collaborative alliance partners placed in the top ten rankings at several of
the Sina annual China Education Survey categories including ''Top Ten Online
Universities,'' and ''Top Ten Online University Brands.'' Two of our
non-exclusive university partners also placed in the top rankings including
''Top Ten Online Education Institutions'' and ''Top Ten Online Universities
Brands'' at Sina.
The Sina annual China Education Survey and the Tencent annual China
Education Industry Review are two of the most prestigious events in the China
education industry. Tencent Education is a leading online platform that
conducts the annual Tencent China Education Industry Review. The sponsors
include some of the most reputable education print and online media outlets in
China, including China Education Television, China Education News Network,
Modern Education News, People's CPPCC News, China Education Online, 21st
Century Education Research Center, as well as McKinsey & Company, Xinhua Net,
and People's Daily. The award winners are all leaders of the education
industry within China.
Sina is a leading web portal within China, which conducts an annual survey
of China's educational industries and institutions. Sina cooperated with many
well respected educational professionals, over 150 tutoring organizations,
over 40 mainstream media outlet in 14 provinces, and the participation of over
1.5 million online users. The survey of online degree programs is based on
online voting and evaluations by industry experts and media professionals.
ChinaEdu's CEO Julia Huang said: ''This award shows that ChinaEdu, working
along side our long-term exclusive partnering universities, has gained
recognition from the public through years of hard work and dedication that
have contributed in the field of the Chinese education services. We at
ChinaEdu will continue to strive for our motto, 'Success Through Learning' a
philosophy of providing quality education services for the community, for our
partners and for every student.''
About ChinaEdu
ChinaEdu Corporation is an educational services provider in China,
incorporated as an exempted limited liability company in the Cayman Islands.
Established in 1999, the Company's primary business is to provide
comprehensive services to the online degree programs of leading Chinese
universities. These services include academic program development, technology
services, enrollment marketing, student support services and finance
operations. The Company's other lines of business include the operation of
private primary and secondary schools, online interactive tutoring services
(101 Online School) and providing marketing and support for international
curriculum programs.
The Company believes it is the largest service provider to online degree
programs in China in terms of the number of higher education institutions that
are served and the number of student enrollments supported. The Company
currently has strategic relationships with 22 universities to operate online
degree programs, 12 of which are under long-term, exclusive contracts that
vary from 15 to 50 years in length.
101 Online School is a brand under ChinaEdu that concentrates on the
online tutoring and education of pre kindergarten through high school in China.
It is the leading educational website for elementary and middle school
students with over 1 million users to date.
Forward-Looking Statement
This press release contains ''forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995, including
certain plans, expectations, goals, and projections, which are subject to
numerous assumptions, risks, and uncertainties. Forward-looking statements
involve known and unknown risks, uncertainties and contingencies, many of
which are beyond our control which may cause actual results, levels of
activity, performance or achievements to differ materially from any future
results, levels of activity, performance or achievements expressed or implied
by such forward-looking statements. The Company's actual results could differ
materially from those contained in the forward-looking statements due to a
number of factors, including those described under the heading ''Risk
Factors'' in the Company's final prospectus filed with the Securities and
Exchange Commission on December 11, 2007, and in documents subsequently filed
by the Company from time to time with the Securities and Exchange Commission.
Unless required by law, the Company undertakes no obligation to (and expressly
disclaim any such obligation to) update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
For more information, please contact:
Lily Liu, CFO
ChinaEdu Corporation
Tel.: +86-10-8418-6655 x1002
Email: ir@chinaedu.net
S. Jimmy Xia, IR Manager
ChinaEdu Corporation
Tel.: +86-10-8418-6655 x1150
Email: ir@chinaedu.net
SOURCE ChinaEdu Corporation