|By Marketwired .||
|January 16, 2014 08:15 AM EST||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 01/16/14 -- ACT360 Solutions Ltd. (TSX VENTURE: AKM), a provider of Internet-based testing and international marketing programs for higher education, announced a student recruiting agreement with Sprott Shaw College, a subsidiary of CIBT Education Group Inc. (TSX: MBA)(OTCQX: MBAIF).
ACT360 Solutions will use its proprietary TestDEN.com platform and leverage its user base of 2.4 million international students across 100 countries to:
-- Promote Sprott Shaw College vocational programs; -- Qualify interested students to ensure they meet minimum enrollment requirements; -- Guide students through the college application process.
Sprott Shaw College will compensate ACT360 Solutions for its recruiting services based on the number of initial inquiries, qualified prospects, and enrollments achieved each month.
According to Vincent Wong, CEO of ACT360 Solutions, "After working together on a trial basis in 2013, we are pleased to be moving into the rapid-growth phase of our relationship with Sprott Shaw College. A number of our students are seeking high quality, affordable programs combined with Canadian work experience in attractive locations."
Founded in 1903, Sprott Shaw College offers more than 100 programs in business, tourism, and healthcare at its 13 campuses in British Columbia. A number of programs available to international students involve Canadian work experience via practicum, co-op education, or clinical placement.
About ACT360 Solutions Ltd.
ACT360 Solutions helps colleges and universities qualify and recruit international students. We are committed to assisting students from South America, Europe, Africa, the Middle East, and Asia achieve their study abroad goals.
About CIBT Education Group
CIBT Education Group Inc. is an education management company focused on the global education market since 1994. Listed in Canada on the Toronto Stock Exchange and in the U.S. on the OTCQX International, CIBT Group owns and operates a network of business, technical and language colleges in North America and Asia. CIBT Group offers cooperative joint programs in 12 countries with campuses, recruitment offices and training centers enrolling over 5,000 students annually. Its education business is operated through Sprott Shaw College, Acsenda School of Management, CIBT School of Business China, and A-Plus Education Centers in China.
FORWARD-LOOKING STATEMENTS: Except for statements of historical fact, all statements in this news release - including, without limitation, statements regarding revenue estimates and future plans and objectives of ACT360 Solutions Ltd. - are forward-looking statements that are subject to various risks and uncertainties. Forward-looking statements are based on current expectations and analyses, including the effects of anticipated product, service, and distribution changes and the potential benefits of such efforts and activities on the Company's results of operations in future periods. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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