BEIJING, Feb. 17, 2009 (GLOBE NEWSWIRE) -- ChinaCast Education Corporation (the "Company" or "ChinaCast") (Nasdaq:CAST), a leading for-profit, post-secondary and e-learning services provider in China, today announced that the Company will participate in the Credit Suisse 11th Annual Global Services Conference. The conference will take place at the Arizona Biltmore Resort and Spa in Phoenix, Arizona, from February 22-25, 2009.
Mr. Antonio Sena, Chief Operating Officer, will present the Company at 8:00am US Mountain Standard Time (MST), on Tuesday, February 24, 2009. The audio and slides of Mr. Sena's presentation will be webcast live and archived on the Company's investor relations website at www.chinacasteducation.com.
The Company will also participate in one-on-one meetings with analysts and investors. Institutional investors who are interested in attending this event or arranging a one-on-one meeting with management should contact their Credit Suisse institutional sales representative.
About ChinaCast Education Corporation
Established in 1999, ChinaCast Education Corporation is a leading for-profit, post-secondary education and e-learning services provider in China. The Company provides its post-secondary degree programs through its 80% ownership in the holding company of the Foreign Trade and Business College (FTBC) of Chongqing Normal University. FTBC offers career-oriented bachelor's degree and diploma programs in business, economics, trade, tourism management, advertising, language, IT and music. These degree and diploma programs are fully accredited by the PRC Ministry of Education. The Company provides its e-learning services to post-secondary institutions, K-12 schools, government agencies and corporate enterprises via its nationwide satellite broadband network. These services include interactive distance learning applications, multimedia education content delivery, English language training and vocational training courses. The company is listed on the NASDAQ with the ticker symbol CAST.
Safe Harbor Statement
This press release may contain statements that are forward-looking, as that term is defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements express our current expectations or forecasts of possible future results or events, including projections of future performance, statements of management's plans and objectives, future contracts, and forecasts of trends and other matters. These projections, expectations and trends are dependent on certain risks and uncertainties including such factors, among others, as growth in demand for education services, smooth and timely implementation of new training centers and other risk factors listed in the company's Annual Report on Form 10KSB for the fiscal year ended December 31, 2007. Forward-looking statements speak only as of the date of this filing, and we undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur. You can identify these statements by the fact that they do not relate strictly to historic or current facts and often use words such as "anticipate," "estimate," "expect," "believe," "will likely result," "outlook," "project" and other words and expressions of similar meaning. No assurance can be given that the results in any forward-looking statements will be achieved and actual results could be affected by one or more factors, which could cause them to differ materially. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act.
CONTACT: ChinaCast Education Corporation
Michael J. Santos, Chief Marketing Officer
+1-202-361-2403
mjsantos@chinacasteducation.com
www.chinacasteducation.com
HC International, Inc.
Ted Haberfield, Executive VP
+1-760-755-2716
tbaherfield@hcinternational.net
