TAIYUAN, China, Feb. 21, 2012 /PRNewswire-Asia-FirstCall/ --
China Bilingual Technology & Education Group Inc. (OTCBB:
CBLY) ("China Bilingual" or the "Company"), an education
company that owns and operates high-quality, K-12 private boarding
schools in China, today announced that it will hold a
Virtual Road Show conference call at 10:30
am ET on Friday, February 24,
2012. The Virtual Road Show will include
a company presentation and overview by management, concluding
with Q&A from participants.
To register for the call, please email Scott
Powell from MZ Group at scott.powell@hcinternational.net.
Once registered, please use the dial-in access and webcast access
information below. When prompted on dial-in, ask for "China
Bilingual 2012 Virtual Road Show Conference Call."
Conference
Call
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Date:
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Friday, February 24,
2012
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Time:
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10:30 am Eastern Time,
US
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US Toll Free
Dial-In:
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+1 877 941
2068
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International Toll Free
Dial-In:
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+1 480 629
9712
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Conference
ID:
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4514941
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Webcast link:
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http://viavid.net/dce.aspx?sid=000093C5
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Please dial in at least 10 minutes before the call to ensure
timely participation. A playback will be available through
March 9, 2012. To listen, please call
+1 877 870 5176 within the United
States, +1 858 384 5517 if calling from other countries.
Utilize the pass code 4514941 for the replay.
The live webcast and archive of the conference call will be
available at: http://viavid.net/dce.aspx?sid=000093C5.
About China Bilingual Technology & Education Group
Inc.
China Bilingual Technology and Education Group Inc. is an
education company that owns and operates high-quality, K-12 private
boarding schools in China. Founded in 1998, the Company
currently operates three schools encompassing the kindergarten,
elementary, middle and high school levels with approximately 13,220
students and 1,876 faculty and staff.
The Company's schools are located in Shanxi and
Sichuan Provinces and provide students with an innovative and
high-quality education with a focus on fluency and cultural skills
in both Chinese and English. The schools regularly rank among the
top schools in their respective regions for college entrance rates
and national college entrance exam scores. The Company's schools
have earned excellent teaching reputations and are recognized for
the success of their students and strong faculty.
As China experiences rapid industrialization and
economic growth, the government is focused on education as a means
to increase worker productivity and raise the standard of living.
Parents in China's new middle and
upper classes are sending their children to receive private school
education to give them an advantage in China's increasingly
competitive workforce. The Company's sector in education is not
subject to corporate income tax, and the Company anticipates its
growth will come from both organic growth through increased
enrollment and expansion of its business model and teaching methods
into new schools to be acquired by the Company.
Forward-Looking Statements
Certain statements contained herein
constitute "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are based on current expectations,
estimates and projections about the Company's industry,
management's beliefs and certain assumptions made by management.
Readers are cautioned that any such forward-looking statements are
not guarantees of future performance and are subject to certain
risks, uncertainties and assumptions that are difficult to predict.
Because such statements involve risks and uncertainties, the actual
results and performance of the Company may differ materially from
the results expressed or implied by such forward-looking
statements. These risks and uncertainties include, among other
things, product demand, market competition, and risks inherent in
our operations. Given these uncertainties, readers are cautioned
not to place undue reliance on such forward-looking statements.
Unless otherwise required by law, the Company also disclaims any
obligation to update its view of any such risks or uncertainties or
to announce publicly the result of any revisions to the
forward-looking statements made here. For additional information,
readers should carefully review reports or documents the Company
files periodically with the Securities and Exchange
Commission.
Contact:
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At the
Company:
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Michael Toups, Chief
Financial Officer
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U.S. Office
+1-727-641-1357
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Email: miketoups@gmail.com
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Investor
Relations:
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Scott Powell
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MZ Group
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Tel:
+1-212-301-7130
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Email:
scott.powell@hcinternational.net
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Web: http://www.mz-ir.com
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SOURCE China Bilingual Technology & Education Group Inc.