The initial presentation to cover more than 100,000 teachers in 4,000 schools
VANCOUVER, British Columbia - (March 29, 2011) - China Education Resources, Inc. ("CER") (TSXV: CHN, OTCQX: CHNUF), a leading provider of online learning, training and tools teachers, students and education professionals in China, announced today it has received official approval of the provincial education officials from Liaoning to provide online teacher training and curricula in relation to the country's mandate to continue education program credit.
Liaoning province, with more than 43 million residents in 14 cities, covering 56.300 miles square, has 9,000 schools with 294 teachers of 961 instructions to 4.5 million students. The Provincial Education Commission selected five cities, representing approximately 104,490 teachers and 1. 600,000 students, to start the program initially in March. These five cities select 800 teachers each, for a total of 4,000 teachers, to participate in the initial program. The price for every teacher training program, to be funded by provincial and municipal governments shall be 200 yuan (30 U.S. dollars). The program will be administered with the School and Platform CER is a program which requires teachers to obtain continuing education credits during his career.
Commenting on the support of provincial, Chengfeng Zhou, CEO of China Education Resources, said, "This is a great achievement for our company. The province of Liaoning offers an incredible opportunity for our company to participate in China's education initiative . We have built a powerful infrastructure to provide efficient online training and support dynamic initiative. Our growth plan has been extended four steps to fourteen provinces throughout China. As our training wheel drive profits portal resources throughout the education system, we plan to make similar comments to those that we have in the province of Liaoning. "
About Educational Resources in China
In collaboration with educational administrators and experts from China, China Education Resources is helping transform the curriculum of the educational system of the world's largest memory system based on creative thinking and interactive method. China Education Resources has created tools and curricula for kindergarten throughout China through twelfth grade system. At present, China has over 1000000 Educational Resources K-12 teachers registered through its website. For more information, visit www.chinaeducationresources.com or call (604) 331-2388. Information Resources for Education of China can also be seen through Facebook and Twitter. To receive news releases, newsletters and updates to corporate investors, email admin@chinaeducationresources.com.
Safe Harbor Statement
Certain statements made herein, and other statements regarding matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events that will or may occur in the future, constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-looking statements and statements are typically identified by words such as "anticipate," "may," "should," "expects," "objective," "may," "intends," "likely," "plans," " estimate, "" may, "" believes "and similar expressions suggesting future outcomes or statements regarding a point of view. All this information into the future and statements are based on certain assumptions and analysis made by China Education Resources, Inc. 'S management in light of its experience and perception of historical trends, current conditions and expected future developments and other factors that management believes are appropriate in the circumstances. These statements, however, are subject to various risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information or statements. Important factors that could cause actual results to differ from forward-looking statements include those described under the heading "Risks and Uncertainties" elsewhere in the Company's MD & A filed on www.SEDAR.com. The reader is cautioned not to place undue reliance on forward-looking information or statements. Except as required by law the Company assumes no obligation to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future events and contingencies.
The TSX Venture Exchange has not reviewed and does not accept, responsibility for the adequacy or accuracy of the contents of this press release.
Website: http://www.chinaeducationresources.com
Monday, May 16, 2011
Wed May 4, 2011 China Education Resources Inc. Generated Revenues of $5,436,165 in 2010 A 95% increase in revenue as compared with that of 2009
Vancouver, Canada - (May 4, 2011) - China Education Resources, Inc. ("CER") (TSXV: CHN, OTCQX: CHNUF), a leading provider of online learning, training and tools for teachers, students and education professionals in China, announced its financial results for the year ended December 31, 2010. All figures are in U.S. dollars.
Educational Resources of China has generated a gross income of $ 5,436,165 in 2010. This compares with revenue of $ 2,790,137 for the same period in 2009, representing an increase of 95% of revenues. We recorded a net loss of $ 615 832 (including non-cash expenses stock-based compensation of $ 623,449) compared to a net loss of $ 2,080,670 for the same period in 2009.
year 2010 include:
- Online Teacher training revenues generated $ 1,751,214 in 2010 compared to $ 474,830 during the same period in 2009, representing an increase of 269% of the proceeds from the teacher training
- Textbook sales revenues generated $ 3,684,951 in 2010 compared to $ 2,315,307 during the same period in 2009, representing a 59% increase in revenues from sales of textbooks.
Since October 2010, China Education Resources entered into agreements to provide online education and training to teachers and education professionals in 14 provinces of China. The Company has implemented a four-step growth and income strategy is now being marketed and extending out at a national level in China. The first step is to work with different levels of government to provide teacher training programs online. The second step is to integrate our products and services in the routine of teachers daily. This will allow teachers to interact and communicate. The third step is to promote our school-based platform for teachers and the fourth step is to engage students with our school-based platform that includes our library online tutorial courses, assessment tools and educational games. Our corporate income is generated from each step of our growth plan.
"We are very pleased with the direction of our sales and operations. Checked by the revenue figure for 2010 significantly surpassing last year's result, our growth plan of four steps is becoming a model of rapid business growth, "said Chengfeng Zhou, CEO of China Education Resources . "Our contacts with over 200 education authorities in several provinces of China to further strengthen our confidence in the successful marketing of our leading-edge products and services. With the successful experience in 2010, we expect our revenues will grow significantly in 2011. "
In collaboration with educational administrators and experts from China, China Education Resources has been helping transform the curriculum of the largest educational system in the world. Recognizing the need to address changes in educational reform, China Education Resources has created educational tools and curriculum for kindergarten throughout China through twelfth grade system. The company is playing an integral role in the transformation of China's education system by helping to convert the existing educational system of a memory system based on learning to creative thinking and interactive approach. At present, China has over 1000000 Educational Resources kindergarten through twelfth grade teachers registered through its website. For more information, visit www.chinaeducationresources.com or call (604) 331-2388.
Safe Harbor Statement
Certain statements made herein, and other statements regarding matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events that will or may occur in the future, constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-looking statements and the statements are typically identified by words such as "anticipate," "may," "should," "expects," "objective," "may," "intends," "likely," "plans," " estimate, "" may, "" believes "and similar expressions suggesting future outcomes or statements regarding a point of view. All such forward-looking information and statements are based on certain assumptions and analysis made by China Education Resources, Inc. management'Sa light of its experience and perception of historical trends, current conditions and expected future developments and other factors management believes are appropriate in the circumstances. These statements, however, are subject to various risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information or statements. Important factors that could cause actual results to differ from forward-looking statements include those described under the heading "Risks and Uncertainties" elsewhere in the Company's MD & A filed on www.SEDAR.com. The reader is cautioned not to place undue reliance on forward-looking information or statements. Except as required by law the Company assumes no obligation to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future events and contingencies.
The TSX Venture Exchange has not reviewed and does not accept, responsibility for the adequacy or accuracy of the contents of this press release.
Contact China Education Resources at: (604) 331-2388
Email: admin@chinaeducationresources.com.
Website: http://www.chinaeducationresources.com
Educational Resources of China has generated a gross income of $ 5,436,165 in 2010. This compares with revenue of $ 2,790,137 for the same period in 2009, representing an increase of 95% of revenues. We recorded a net loss of $ 615 832 (including non-cash expenses stock-based compensation of $ 623,449) compared to a net loss of $ 2,080,670 for the same period in 2009.
year 2010 include:
- Online Teacher training revenues generated $ 1,751,214 in 2010 compared to $ 474,830 during the same period in 2009, representing an increase of 269% of the proceeds from the teacher training
- Textbook sales revenues generated $ 3,684,951 in 2010 compared to $ 2,315,307 during the same period in 2009, representing a 59% increase in revenues from sales of textbooks.
Since October 2010, China Education Resources entered into agreements to provide online education and training to teachers and education professionals in 14 provinces of China. The Company has implemented a four-step growth and income strategy is now being marketed and extending out at a national level in China. The first step is to work with different levels of government to provide teacher training programs online. The second step is to integrate our products and services in the routine of teachers daily. This will allow teachers to interact and communicate. The third step is to promote our school-based platform for teachers and the fourth step is to engage students with our school-based platform that includes our library online tutorial courses, assessment tools and educational games. Our corporate income is generated from each step of our growth plan.
"We are very pleased with the direction of our sales and operations. Checked by the revenue figure for 2010 significantly surpassing last year's result, our growth plan of four steps is becoming a model of rapid business growth, "said Chengfeng Zhou, CEO of China Education Resources . "Our contacts with over 200 education authorities in several provinces of China to further strengthen our confidence in the successful marketing of our leading-edge products and services. With the successful experience in 2010, we expect our revenues will grow significantly in 2011. "
In collaboration with educational administrators and experts from China, China Education Resources has been helping transform the curriculum of the largest educational system in the world. Recognizing the need to address changes in educational reform, China Education Resources has created educational tools and curriculum for kindergarten throughout China through twelfth grade system. The company is playing an integral role in the transformation of China's education system by helping to convert the existing educational system of a memory system based on learning to creative thinking and interactive approach. At present, China has over 1000000 Educational Resources kindergarten through twelfth grade teachers registered through its website. For more information, visit www.chinaeducationresources.com or call (604) 331-2388.
Safe Harbor Statement
Certain statements made herein, and other statements regarding matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events that will or may occur in the future, constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-looking statements and the statements are typically identified by words such as "anticipate," "may," "should," "expects," "objective," "may," "intends," "likely," "plans," " estimate, "" may, "" believes "and similar expressions suggesting future outcomes or statements regarding a point of view. All such forward-looking information and statements are based on certain assumptions and analysis made by China Education Resources, Inc. management'Sa light of its experience and perception of historical trends, current conditions and expected future developments and other factors management believes are appropriate in the circumstances. These statements, however, are subject to various risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information or statements. Important factors that could cause actual results to differ from forward-looking statements include those described under the heading "Risks and Uncertainties" elsewhere in the Company's MD & A filed on www.SEDAR.com. The reader is cautioned not to place undue reliance on forward-looking information or statements. Except as required by law the Company assumes no obligation to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future events and contingencies.
The TSX Venture Exchange has not reviewed and does not accept, responsibility for the adequacy or accuracy of the contents of this press release.
Contact China Education Resources at: (604) 331-2388
Email: admin@chinaeducationresources.com.
Website: http://www.chinaeducationresources.com
Anchorage Student & Parent Information, Resources & Education (ASPIRE)
Today, Monday, May 16 5:30p to 8:00p
at Stone Soup Group, Anchorage, AK
Price: FREE
Phone: (907) 561-3701
Age Suitability: 18 and up
Anchor Student Parent Information and Resource and Education (ASPIRE) is a free training is designed for new parents in special education with a focus on Alaska and Anchorage. It is also for anyone wanting an overview of special education law, policies and procedures. Let's see real examples of Anchorage School District (ASD) IEP documents and discuss the roles and responsibilities of the TEA staff. We will also discuss various schools and programs available in Anchorage.
at Stone Soup Group, Anchorage, AK
Price: FREE
Phone: (907) 561-3701
Age Suitability: 18 and up
Anchor Student Parent Information and Resource and Education (ASPIRE) is a free training is designed for new parents in special education with a focus on Alaska and Anchorage. It is also for anyone wanting an overview of special education law, policies and procedures. Let's see real examples of Anchorage School District (ASD) IEP documents and discuss the roles and responsibilities of the TEA staff. We will also discuss various schools and programs available in Anchorage.
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