Year: 2008

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

CIBT Provides Update on Filing Status

December 8, 2008

December 8th, 2008, CIBT Education Group Inc. (NYSE Alternext US: MBA; TSX.V: MBA) wishes to inform its shareholders that the company will be filing its fiscal 2008 financial statements and associated management's discussion and analysis shortly. During the past fiscal year, the company completed a number of acquisitions and financing activities. The company also changed its fiscal year end from June 30th to August 31st in order to coincide with the fiscal year end of all...

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CIBT Expands its Graduate Degree Program

November 3, 2008

November 3rd, 2008 CNW Group: CIBT Education Group Inc. (AMEX: MBA; TSX.V: MBA) is pleased to report that it has launched its newly developed 1+1 Master Degree program in Beijing with excellent response. Each year in China, approximately one million undergraduate students do not meet the rigorous standards of the National Entrance Examination and are faced with a limited number of entries to state owned universities, with the result that many students are unable to enter...

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CIBT Establishes Academic Partnership with Vancouver Community College and Thompson Rivers University

October 30, 2008

October 30th, 2008 CNW Group: CIBT Education Group Inc. (AMEX: MBA; TSX.V: MBA) (“CIBT”) is pleased to report that it has signed a Memorandum of Understanding with Thompson Rivers University (“TRU”) and Vancouver Community College (“VCC”). Under the terms of the Memorandum of Understanding, students completing the two-year Business Administration and Computer Sciences programs with CIBT in China will be able to take their baccalaureate study at TRU after successfully completing a 9 to 12-month English...

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CIBT Provides Enrolment Update and Forecasted Revenue for 2009

October 9, 2008

October 7th, 2008 CNW Group: CIBT Education Group Inc. (AMEX: MBA; TSX.V: MBA) is pleased to report that its total student enrollment across all education units increased by 80% as compared to the same period last year. As of September 30th, 2008, student enrollment in CIBT’s 48 colleges in China, Canada, the Philippines, and Jordan totaled 6,172 students as compared to 3,420 students one year ago. CIBT’s Weifang Wyotech campus, in Shandong province, experienced triple digit...

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CIBT Reports Normal Course Issuer Bid

October 8, 2008

October 9, 2008 CNW Group: CIBT Education Group Inc. (AMEX: MBA; TSX.V: MBA) reports that the TSX Venture Exchange has accepted the filing of the company’s notice of intention to conduct a normal course issuer bid to purchase up to 1 million of its common shares representing approximately 1.56% of its issued and outstanding share capital. The normal course issuer bid, which is being conducted through the facilities of the TSX Venture Exchange, will expire on...

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CIBT Provides Enrolment Update and Forecasted Revenue for 2009

October 7, 2008

October 7th, 2008 CNW Group: CIBT Education Group Inc. (AMEX: MBA; TSX.V: MBA) is pleased to report that its total student enrollment across all education units increased by 80% as compared to the same period last year. As of September 30th, 2008, student enrollment in CIBT’s 48 colleges in China, Canada, the Philippines, and Jordan totaled 6,172 students as compared to 3,420 students one year ago. CIBT’s Weifang Wyotech campus, in Shandong province, experienced triple digit...

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Letter to Shareholders – Corporate Update

September 13, 2008

Dear Shareholders: The purpose of this letter is to provide our shareholders with an updated summary of our corporate activities. Overview: CIBT is an education management company focused on the global education market, with a particular emphasis on Asia. We started our business in China 15 years ago, a country with a population that has grown to 1.3 billion and a student population of 258 million and our target market for expansion is Asia with...

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CIBT Acquires Assets of Career and Language Training Schools

September 2, 2008

September 2nd, 2008 CNW Group: CIBT Education Group Inc. (AMEX: MBA; TSX.V: MBA) is pleased to report that it has entered into an agreement with Concordia Career College and Modus International Language Institute (collectively "Concordia Group") of Vancouver, BC to acquire all the revenue, fixed assets, licensing rights, and intellectual properties. The closing date of this transaction is September 4th, 2008. Concordia and Modus are both established career and English language schools with a special focus...

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CIBT Subsidiary to Collaborate with Quest University Canada

August 27, 2008

August 27th, 2008 CNW Group: CIBT Education Group Inc. (AMEX: MBA; TSX.V: MBA) is pleased to report that its subsidiary Sprott-Shaw Degree College (“SSDC”), has signed a letter of intent with Quest University Canada (“Quest”) located in Squamish, BC to manage the University’s administrational and financial functions. A formal agreement is being prepared at this time. The letter of intent encompasses a number of services for CIBT Group to provide to Quest including management of the...

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CIBT Further Expands in the Philippines

August 5, 2008

August 5th, 2008: CIBT Education Group Inc. (AMEX: MBA; TSX.V: MBA) is pleased to report that the Company has signed a cooperation agreement with Far Eastern University (FEU), one of the largest healthcare universities in the Philippines. The cooperation agreement allows CIBT and Sprott Shaw Degree College (collectively “CIBT”) to establish a CIBT Education Center within the facilities of Far Eastern University in Manila. The Center will teach Resident Care Attendant and Practical Nursing programs using...

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