DELRAY BEACH, Fla., Sept. 25, 2012 - China Education International, Inc. (OTCBB: CEII) (the "Company"), which manages the operation of private schools and educational activities within China, today announced that it plans to fund an annual scholarship program beginning in 2013.
The scholarship program will enable at least one boy and one girl from each qualifying CEII school for consideration in the program, with a maximum of 10 students from each school. The requirements for each individual scholarship will be announced during January and applications will be accepted during February and March. Scholarship awards will be announced during the month of April.
The scholarships will be awarded through a three stage process. The initial stage is the preliminary submission by local school teachers based on identifying outstanding students whose contribution to their school includes academic excellence and contribution to the community. The second stage is nomination by individual school panels, who will select that school's nominees in each category. The third stage is the final decision by the CEII Scholarship Committee.
Each student competing in the final selection process will be invited to submit a written statement describing his or her reasons for wishing to be considered for a scholarship.
The first year's scholarships are expected to include, among other awards, the opportunity to study in the United States for one half year or during a summer program. Other awards will provide tuition and assistance within the Chinese and CEII educational system.
About China Education International, Inc.
China Education International, Inc. is a leader in managing the operations of private schools and educational organizations in China, including providing international partnership study programs, more effective English language instruction, and recruiting American and other international teachers for Chinese schools and organizations. The Company manages the operations directly or indirectly providing leadership, financial guidance, and expansion plans. The academic schools under the Company's management provide China's unified national core curriculums including Chinese, English, mathematics, physics, history, biology and other subjects, while the educational organizations provide specialized educational training and programs. For more information, visit: www.chinaeducationintl.com.
This press release contains forward-looking statements, which may be identified by words such as "believes," "expects," "anticipates," "estimates," "projects," "intends," "should," "seeks," "future," "continue," or the negative of such terms, or other comparable terminology. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein. Factors that could cause actual results to differ materially include, but are not limited to: economic and operational risks, changes in anticipated earnings, continuation of current contracts, an increase in student enrollment in our current schools and educational organizations, the addition of new schools and educational organizations, the successful implementation of AEC or other international programs and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligation to publicly update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by law.
CHINA EDUCATION INTERNATIONAL, INC.
TELEPHONE: (561) 666-8059
SOURCE China Education International, Inc.