International Collaborations a Key Strategy
for EEIQ Corporate Growth
MIDDLETOWN, Ohio, May 15, 2023
/PRNewswire/ -- EpicQuest Education Group International Limited
(NASDAQ: EEIQ), ("EpicQuest Education", "EEIQ" or the
"Company"), a provider of comprehensive education solutions for
domestic and international students seeking college and university
degrees in the US, Canada and the
UK, today announced that Davis College
signed a non-binding Memorandum of Understanding (the "MOU") with
Suzhou Polytechnic Institute of Agriculture ("SPIA"), based in
Suzhou, China. The term of the MOU
is for a period of five years and can be renewed thereafter.
EEIQ Continues to Build Collaborative
International Programs
Diane Brunner, President of
Davis College, commented, "We are very
enthused to be collaborating with Suzhou Polytechnic Institute of
Agriculture to expand education opportunities for our students. In
addition to Davis College offering
practical career-oriented programming, we believe that
international collaborations offer an enriched educational
experience for our students and better prepares them for employment
in the global marketplace."
The purpose of the MOU between the Davis
College and SPIA is to pursue collaborations on
research and academic exchange programs. It is anticipated that a
Cooperative Education Project program will be developed where dual
degrees will be issued by the two parties. Additional programs
would include the exchange of students, staff and faculty. The MOU
is non-binding and any future cooperation is subject to the
availability of funds and approval of definitive agreements by the
parties.
With today's announcement, Davis
College is continuing its mission of internationalization
through its cross-border academic collaborations with international
colleges and universities to offer its students a global learning
experience and to internationalize its student base. A vital
component of EpicQuest Education's growth plan is to have its
operated colleges, Davis College and
EduGlobal College, become increasingly connected to international
programs in order to offer enhanced globalized learning to its
students as well as pathways to achieve university degrees. The
Company's strategic growth plan is to achieve international
expansion and to establish EEIQ as a truly international service
provider of higher learning.
About Suzhou Polytechnic Institute of Agriculture
Suzhou Polytechnic Institute of Agriculture ("SPIA") is a
public vocational college located in Suzhou, China. SPIA is the forerunner
of vocational education in horticulture and gardening in
modern China. In 2017, SPIA was
approved to be listed as one of the High-Level Vocational Colleges
in Jiangsu Province. SPIA consists of its main campus,
Xiangcheng campus and Dongshan campus.
About Davis College
Davis College was founded in 1858
and is a private career-training college located in Toledo, Ohio. Davis
College offers a specialized professional career training
curriculum in numerous fields, and its mission is to provide
marketable skills that enhance the employability of its graduates.
Davis College offers coursework
flexibility to ensure program success as well as externship
opportunities that provide its student population with real-world
skill sets prior to graduation. In addition, Davis College has agreements with several four-year
US universities for 'transfer pathways' that pave the way for its
associate degree students to gain admission with the ability to
transfer earned course credits. Davis
College is accredited by The Higher Learning Commission and
the Ohio State Board of Career Colleges and Schools with programs
authorized by the Ohio Board of
Higher Education. For more information, please visit
https://www.daviscollege.edu/.
About EpicQuest Education Group International
Limited
EpicQuest Education Group International Limited ("EpicQuest
Education" or the "Company") provides comprehensive education
solutions for domestic and international students seeking
university and college degrees in the US, Canada and the UK. The Company owns and
operates EduGlobal College, based in British Columbia, Canada, which focuses on
English proficiency educational programming for students pursuing
academic degrees. The Company operates and is a 70% owner of
Davis College, a career training
college located in Toledo, Ohio.
In addition, the Company has a recruiting relationship with the
Miami University Regional campuses,
where it maintains residential facilities, a full-service
cafeteria, recreational facilities, shuttle buses and an office for
the regional campuses that provides study abroad and post-study
services for its students; these facilities are not owned,
maintained, operated or are a part of Miami
University. The Company is also a recruiting agent for the
University of the West of Scotland
(through The Education Group (London) Ltd) and Coventry University, both of which are located
in the UK. For more information, please
visit https://www.epicquesteducation.com/.
Safe Harbor Statement
Certain of the statements made in this press release are
"forward-looking statements" within the meaning and protections of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements in this press release include, without
limitation, the Company's ability to implement its international
strategy as described. Forward-looking statements include
statements with respect to our beliefs, plans, objectives, goals,
expectations, anticipations, assumptions, estimates, intentions,
and future performance, and involve known and unknown risks,
uncertainties and other factors, which may be beyond our control,
and which may cause the actual results, performance, capital,
ownership or achievements of the Company to be materially different
from future results, performance or achievements expressed or
implied by such forward-looking statements. All statements other
than statements of historical fact are statements that could be
forward-looking statements. You can identify these forward-looking
statements through our use of words such as "may," "will,"
"anticipate," "assume," "should," "indicate," "would," "believe,"
"contemplate," "expect," "estimate," "continue," "plan," "point
to," "project," "could," "intend," "target" and other similar words
and expressions of the future.
All written or oral forward-looking statements attributable to
us are expressly qualified in their entirety by this cautionary
notice, including, without limitation, those risks and
uncertainties described in our most recent Form 20-F and otherwise
in our SEC reports and filings. Such reports are available upon
request from the Company, or from the Securities and Exchange
Commission, including through the SEC's Internet website at
http://www.sec.gov. We have no obligation and do not undertake to
update, revise or correct any of the forward-looking statements
after the date hereof, or after the respective dates on which any
such statements otherwise are made.
Contacts:
EpicQuest Education Group International Limited
+1
513-649-8350
info@epicquesteducation.com
Investor Relations:
Precept Investor Relations
LLC
David Rudnick
+1 646-694-8538
david.rudnick@preceptir.com
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SOURCE EpicQuest Education Group International Limited