Year: 2012

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

CIBT Reports Fiscal Year 2012 Financial Results

December 3, 2012

December 3rd, 2012: CIBT Education Group Inc. (NYSE MKT: MBA and TSX: MBA): (“CIBT Group” or the “Company”) is pleased to report its audited consolidated operating results for the year ended August 31, 2012. Highlights of the fiscal results are as follows: For the twelve months ended August 31, 2012 (“Fiscal 2012”), CIBT Group’s gross revenues totaled $58.0 million as compared to $58.6 million for the twelve months ended August 31, 2011 (“Fiscal 2011”), a decrease...

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CIBT Ranked 34th Fastest Growing Company in Canada by Profit Magazine

July 11, 2012

July 11th, 2012 CIBT Education Group Inc. (NYSE AMEX: MBA) (TSX: MBA) (“CIBT Group”) is pleased to report that it has been ranked as the 34th Fastest Growing Company in Canada in the “24th Annual Profit 200 Rankings” which was published in the June 2012 issue of Profit Magazine. CIBT Group achieved revenue growth of 1,133%, from $4.7 million to $58.6 million in the five years from 2006 to 2011. "On a number of occasions since...

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CIBT Launches GLN Desktop Service

July 9, 2012

July 9th, 2012 CIBT Education Group Inc. (NYSE AMEX: MBA) (TSX: MBA) (“CIBT Group”) is pleased to announce that a new connectivity platform, named GLN Desktop, has been added to its Global Learning Network (“GLN”) platform. This new platform has expanded and enhanced CIBT's existing Global Learning Network by connecting students from around the world via individual desktop PCs, MACs, laptops, iPads, and other mobile devices. CIBT students can now connect to our various teaching studios...

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CIBT Ranked 83rd Biggest Public Company in BC by BCBusiness Magazine

June 16, 2012

June 16th, 2012: CIBT Education Group Inc. (NYSE AMEX: MBA) (TSX: MBA) ("CIBT" or the "Company") is pleased to report that the Company has been ranked 83rd biggest public company in British Columbia by BCBusiness Magazine. The article entitled “B.C.’s Top 100 Biggest Public Companies 2012” is included in the magazine’s June 2012 issue. About BCBusiness Magazine: BCBusiness Magazine is British Columbia’s foremost business authority and the most widely read business publication in the province. The...

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CIBT to Establish GLN Center at Whampoa University of Beijing

April 30, 2012

April 30th, 2012 CIBT Education Group Inc. (NYSE AMEX: MBA) (TSX: MBA)(“CIBT Group”) is pleased to announce that its subsidiary, CIBT School of Business China (“CIBT China”), has signed a Memorandum of Understanding with Whampoa University of Beijing (“WU”) to establish a Global Learning Network (“GLN”) Center at WU’s campus in Beijing. In addition, CIBT Group has been appointed as a representative of WU to identify suitable academic partners from North America to make available...

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CIBT Establishes GLN Partnership with Beijing Language and Culture University

February 22, 2012

February 22nd, 2012 CIBT Education Group Inc. (NYSE AMEX: MBA) (TSX: MBA) (“CIBT Group”) is pleased to announce that it has signed a Memorandum of Understanding (“MOU”) with the Beijing Language and Culture University (“BLCU”) to establish a Global Learning Network Center (“GLN Center”) with interactive video conferencing technology within the BLCU Beijing campus. According to the Beijing Times newspaper, the research institution of Renmin University China ranked BLCU as the 44th best university in China...

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CIBT Reports Share Buy-Back

February 15, 2012

February 15, 2012 CIBT Education Group Inc. (NYSE AMEX and TSX symbol: MBA) (“CIBT”) (reports that it has received approval from the Toronto Stock Exchange (the “Exchange”) to commence a normal course issuer bid (“NCIB”) to purchase up to 725,000 of its common shares, representing approximately 1% of the 71,571,844 common shares which are issued and outstanding as at February 10, 2012, to a maximum aggregate acquisition cost of approximately $1,000,000. The NCIB is being implemented...

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CIBT Files Q1 2012 Financials in Accordance with IFRS

February 14, 2012

Vancouver, British Columbia, February 14th, 2012 (GLOBE NEWSWIRE) -- CIBT Education Group Inc. (NYSE AMEX: MBA and TSX: MBA) (“CIBT Group”) is pleased to announce it has filed its Q1 fiscal 2012 financial statements, which were prepared in accordance with the International Financial Reporting Standards (“IFRS”), in accordance with Canadian securities laws that generally require reporting issuers in a province of Canada to adopt IFRS for their financial year beginning on or after January 1, 2011....

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CIBT Completes Construction of GLN Center in Guangzhou University

January 18, 2012

January 18th, 2012 CNW Group: CIBT Education Group Inc. (NYSE AMEX: MBA) (TSX: MBA) (“CIBT Group”) is pleased to announce the completion of its Global Learning Network Center ("GLN Center") located within Guangzhou University, in Guangzhou’s Higher Education Mega Center, China. The GLN Center is fully equipped with professional grade video conferencing teaching and learning equipment which forms part of our Global Learning Network in China. Programs to be delivered at this location include English Second...

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CIBT welcomes Dr Glen Farrell to its Advisory Board

January 16, 2012

January 16th, 2012 CNW Group: CIBT Education Group Inc. (NYSE AMEX: MBA and TSX: MBA) (TSX: MBA) (“CIBT Group” or the “Company”) is pleased to announce the appointment of Dr. Glen Farrell to the Company’s advisory board (the “Advisory Board”). As a member of the Advisory Board, Dr. Farrell will assist with strategic initiatives and share his in-depth knowledge and experience in the global distance learning sector. During the past 3 decades Dr. Farrell has held...

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