omniture

China Education Alliance Holds Strategic Planning and Analysis Conference to Discuss Outlook for Operating NAVEC’s Education Examination Center

2008-01-31 21:17 1625

HARBIN, Heilongjiang, China, Jan. 31 /Xinhua-PRNewswire-FirstCall/ -- China Education Alliance, Inc. (OTC Bulletin Board: CEUA) ("China Education Alliance" or "the Company"), a leading distributor of educational resources, offering high-quality programs and training both through online networks and an on-site training center in China, today announced that the Company held a strategic planning and analysis conference on January 29, 2008 to discuss the future prospects of the Company’s official operation of the National Association of Vocational Education of China’s (NAVEC’s) Education Examination Center, beginning in March 2008.

The conclusion of this conference was that the strategic partnership between China Education Alliance and NAVEC should have a significant, positive impact to the Company over the next several years. The macro environment remains favorable as the Chinese government has placed a high priority on vocational education whose market size is estimated to be approximately $4 billion currently. Additionally, there are over 36 million college and vocational institute students in China, many of whom aspire to receive national standard vocational training and related certifications to improve their professional development.

Additionally, NAVEC has over 30,000 memberships including famous vocational experts and instructors in China. As the official operator of NAVEC’s Education Examination Center, China Education Alliance should be able to attract a high level of student enrollments, increase its brand recognition through co-marketing arrangements and tap famous instructor resources in order to provide high-quality vocational training and consolidate this highly fragmented market in China.

"We are excited about our strategic relationship with NAVEC. We plan to establish over 30 vocational skills training and vocational examination training branches in major cities in the next few years to attract students to attend our national standard vocational training and vocational examination courses," said Mr. Yu, China Education Alliance’s Chairman and CEO.

About China Education Alliance, Inc.

The Company is an educational resource company offering high-quality educational programs and training through both online networks and an on-site training center. The Company’s products include online test preparation materials, researchers’ materials, study guides, and audio recordings, vocational training services and vocational certifications. The Company conducts educational services through three main channels: a large educational online portal, educational software and media, and education and vocational training centers. The Company is currently selling educational products and services to families, provincial education officials, administrators, schools and teachers in China.

Safe Harbor Statement

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Certain statements in this press release constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These statements include, without limitation, statements regarding our ability to prepare the company for growth, the Company’s planned expansion in 2008 and predictions and guidance relating to the Company’s future financial performance. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs and are not a guarantee of future performance but they involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, which may include, but are not limited to, such factors as unanticipated changes in product demand especially in the education industry, pricing and demand trends for the Company’s products, changes to government regulations, risk associated with operation of the Company’s new facilities, risk associated with large scale implementation of the company’s business plan, the ability to attract new customers, ability to increase its product’s applications, cost of raw materials, downturns in the Chinese economy, the adoption by consumers of its new game business, the unproven advertising model that is dependent on attracting a large game user base, and other information detailed from time to time in the Company’s filings and future filings with the United States Securities and Exchange Commission. Investors are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements made herein speak only as of the date of this press release, readers are cautioned not to place undue reliance on any of them and the Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company’s expectations.

For more information, please contact:

Company Contact:

Mr. Xiqun Yu

Chairman and CEO

China Education Alliance, Inc.

Tel: +86-451-8233-5794

Email: yxq@edu-chn.com

Investor Relations Contact:

Mr. Crocker Coulson

President

CCG Elite Investor Relations

Tel: +1-646-213-1915 (NY Office)

Email: crocker.coulson@ccgir.com

Source: China Education Alliance, Inc.
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