Elite Education Group International Ltd. Presents at Benzinga All Access Event

Rhea-AI Summary

Elite Education Group International Limited (Nasdaq: EEIQ) announced participation in the Benzinga All Access event on February 4, 2021. CFO Zhenyu Wu and Board member Craig Wilson presented insights into the company's strategic educational offerings targeted at both domestic and international students. Elite Education recently acquired 80% equity in EduGlobal College and secured controlling rights in Davis College, enhancing its position in the education sector.

Positive

• Acquired 80% equity of EduGlobal College in British Columbia, enhancing educational offerings.
• Gained controlling equity in Davis College in Toledo, Ohio, further expanding market presence.

Negative

• None.

MIDDLETOWN, Ohio, Feb. 7, 2022 /PRNewswire/ -- Elite Education Group International Limited (Nasdaq: EEIQ), (the "Company" or "Elite Education Group"), a provider of comprehensive education solutions for domestic and international students interested in college and university programs in the US, Canada and the UK, today announced today that Chief Financial Officer, Zhenyu Wu, and Board of Directors member, Craig Wilson, presented at the Benzinga All Access event on Friday, February 4, 2021. The webcast can be viewed at EEIQ Benzinga Webcast.

"We are excited about our progress in executing upon our strategic plan to offer students from around the world opportunities for academic enrichment. We believe that our distinctive educational model is uniquely positioned in the educational space to help students realize their aspirational goals for higher education that lead to fulfilling careers," stated Jianbo Zhang, Chairman and Chief Executive Officer of Elite Education Group.

About Elite Education Group International Limited

Elite Education Group International Limited ("Elite Education" or the "Company"), through its subsidiaries Quest Holding International LLC and Highrim Holding International Limited, provides comprehensive education solutions for domestic and international students interested in university and college degree programs in the US, Canada and the UK. The Company recently acquired 80% of the equity of EduGlobal College, based in British Columbia, Canada, which focuses on English proficiency educational programming for students pursuing academic degrees. The Company also recently acquired the right to a controlling equity ownership position in Davis College, a career training college located in Toledo, Ohio. In addition, the Company has a recruiting relationship with the regional campuses of Miami University located in Oxford, Ohio ("the MU 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 also acts as 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 United Kingdom. For more information, please visit www.eei-global.net.

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 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:

Elite Education Group International Limited
+1 513-649-8350
ir@eei-global.net

Investor Relations:

Precept Investor Relations LLC

David Rudnick
+1 646-694-8538
david.rudnick@preceptir.com

Source: Elite Education Group International Limited

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SOURCE Elite Education Group International Limited

FAQ

What recent event did Elite Education Group International (EEIQ) participate in?

Elite Education Group participated in the Benzinga All Access event on February 4, 2021.

Who presented at the Benzinga All Access event for Elite Education Group?

CFO Zhenyu Wu and Board member Craig Wilson presented at the event.

What acquisitions did EEIQ announce in their press release?

EEIQ announced the acquisition of 80% of EduGlobal College and controlling equity in Davis College.

What does Elite Education Group International (EEIQ) provide?

EEIQ offers comprehensive education solutions for domestic and international students seeking university programs in the U.S., Canada, and the UK.