|By PR Newswire||
|February 18, 2014 07:01 AM EST||
NEW YORK, Feb. 18, 2014 /PRNewswire – New China Global, Inc. (PINKSHEETS: NCGI) is a development stage company establishing a personalized online learning system and approach that helps children in math and reading concepts based on their ability rather than their age or grade. Since the curriculum is individualized for each child, it allows students to comprehend the new material fully before moving ahead.
NCGI has hired a new Singapore based Marketing Director, Mr. Allan Wong. Mr. Wong is focused on a marketing campaign targeting the Asian University students. The Company continues talks to develop partnerships with several high profile Universities in China. New China Global Inc. is now in discussions to build partnerships with Universities in Tokyo and Singapore. President of New China Global Inc., Mr. Shane Oei stated, "With more and more universities in Asia offering International Study Abroad options for students to complete degrees internationally, the student target demographic is a huge potential resource for New China Global Inc."
The company continues towards additional revenue streams within a translation services branch. The Company is in talks with several high profile Universities in China to build a partnership with students and alumni. According to a recent Gigaom article, Global Translation Services are a $30B industry.
With over 2000 Universities and 31 million students enrolled in higher education, Chinese Universities are a substantial target market. President of New China Global Inc., Mr. Shane Oei stated, "New China Global Inc. will focus on continuing to build relationships with Universities Globally as part our Corporate Strategic Plan. We believe the developing world represents an untapped market with potential for massive growth due to economies of scale."
China has a 7.8% GDP Growth Rate, and a population of 1.351 Billion people. The translation and professional services we offer will enable students and professionals to compete in today's global market place. New China Global Inc. has also begun strategic negotiations with a global translation service with the intent of developing an exclusive e-Commerce partnership.
In a quarterly report dated 12-2-13 the company reported a name change effective 10-2-13. The company was formerly known as HelixSpere Technologies, Inc. The company's most recent financials are dated 9-30-13 and show no revenues and marginal expenses. Investors remain firm in support of NCGI evidenced by a $17 million market value.
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