Year: 2004

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Keep up to date with the latest CIBT developments through our most recent news.

CIBT Engages Harris Nesbitt as Investment Banker

November 1, 2004

Capital Alliance Group Inc. (TSX.V: CPT) reports that its subsidiary, CIBT School of Business & Technology Corp. ("CIBT"), has engaged Harris Nesbitt Corp. of New York as financial advisor regarding corporate expansion strategy and financing options. CIBT also reports that its financial advisory agreement with Capital Run LLC of Seattle has expired. About Harris Nesbitt Harris Nesbitt is an investment and corporate bank offering clients access to a full range of products and services, including investment...

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CIBT Continues Expansion by Acquiring Majority Interest of another Business School in China

October 12, 2004

Capital Alliance Group Inc. (TSX.V: CPT) reports that its subsidiary, CIBT School of Business and Technology Corp has entered into a formal agreement to acquire 55% control of Zhengzhou International Business School ("ZIBS") with an option to purchase an additional 10% within three years from the closing date. ZIBS is jointly owned by Henan Province Weixin Management Consulting Corporation and Zhengzhou Dayu Real Estate Corporation. The closing date of this transaction is subject to receiving Henan...

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CIBT Expands External Advisory Board

September 20, 2004

CIBT School of Business & Technology Corp ("CIBT"), a subsidiary of Capital Alliance Group Inc. (TSX.V: CPT) is pleased to announce the appointment of Mr. Allan N. Ebedes to the external advisory board. Mr. Ebedes has over 25 years of professional, business, management, entrepreneurial and teaching experience. He earned a B.Com degree from the University of the Witwatersrand in Johannesburg, South Africa, an MBA degree from the University of Toronto in 1976, and is a...

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CIBT Appoints New Member to External Advisory Board

September 16, 2004

CIBT School of Business & Technology Corp, a subsidiary of Capital Alliance Group Inc. (TSX.V: CPT) is pleased to announce the appointment of Dr. David Hsu to the External Advisory Board. Dr. David Hsu is a successful businessman, seasoned executive and entrepreneur, while maintaining his practice as a Medical Doctor. Dr. Hsu graduated summa cum laude from the Medical School of the University of Hamburg, Germany in December 1967. After medical training in Germany and New...

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CIBT Acquires College in China

August 19, 2004

Capital Alliance Group Inc. (TSX.V: CPT) reports that its subsidiary, CIBT School of Business & Technology Corp. ("CIBT") has entered into a formal agreement with Weifang University to acquire 60% of Beihai College, a subsidiary of Weifang University located in Weifang city, Shandong province, China. Beihai College ("Beihai") is a wholly owned college of Weifang University and specializes in business and technology degree programs in the undergraduate level. Under the supervision of Weifang University, Beihai College...

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CIBT TO EXPAND PRESENCE TO EASTERN CHINA

June 1, 2004

CIBT School of Business & Technology Corp. ("CIBT"), a subsidiary of Capital Alliance Group Inc. (TSX-V: CPT) and a leading business school in China, has entered into a Memorandum of Understanding with Weifang University ("WFU") to jointly deliver bachelor degree programs with CIBT and its U.S. academic partners. Programs will be held at the WFU campus in Weifang city, Shandong Province, China. These bachelor degree programs will be similar to the localized programs delivered by...

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CIBT FEATURED ON CHINA’S NATIONAL TELEVISION

May 13, 2004

CIBT School of Business & Technology Corp. ("CIBT"), a subsidiary of Capital Alliance Group Inc. (TSX-V: CPT) and a leading business school in China, was recently featured in "China Today", a 30-minute documentary magazine program broadcast on the English-language channel of China Central Television (CCTV), China's largest national television network. The format of China Today is similar to the widely popular CBS News magazine, "60 Minutes". CCTV is a state-owned, non-profit network that reaches more...

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CIBT TO EXPAND EDUCATION BUSINESS IN CHINA

April 28, 2004

CIBT School of Business & Technology Corp. ("CIBT"), a subsidiary of Capital Alliance Group Inc. (TSX-V: CPT) and a leading business school in China, has signed a Letter of Intent ("LOI") to acquire Beijing IELTS School ("BIS"). In 2003, BIS reported 10,500 students enrolled at their fourteen campuses located throughout China. The final terms of the agreement will be disclosed upon completion of the transaction, which is subject to due diligence review and TSX Venture...

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CIBT Provides Update on Latest Developments in China

March 23, 2004

CIBT School of Business & Technology Corp. ("CIBT"), a subsidiary of Capital Alliance Group Inc. (TSX-V: CPT) and a leading business school in China, provides update on its latest developments in China. On February 25th, 2004 CIBT held a press conference in Beijing to announce the government accreditation of its bachelor degree programs jointly offered with Beijing University of Technology, ITT Education Services, Inc. and Western International University ("WIU"). This announcement marked the first bachelor...

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CIBT Joint Programs with ITT & WIU Receive Government Recognition in China

February 12, 2004

CIBT School of Business & Technology Corp. ("CIBT"), a subsidiary of Capital Alliance Group Inc. (TSX-V:CPT) and a leading business school in China, announces that its bachelor degree programs jointly offered with Beijing University of Technology, ITT Educational Services, Inc. (NYSE:ESI), which operates the ITT Technical Institutes, and Western International University ("WIU"), subsidiary of Apollo Group, Inc (NASD:APOL), received accreditation approval from the Beijing Municipal Education Commission ("BMEC"). According to BMEC, this approval marks the...

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