BEIJING, Sept. 22, 2009 (GLOBE NEWSWIRE) -- ChinaCast Education Corporation ("The Company" or "ChinaCast") (Nasdaq:CAST), a leading for-profit, post-secondary education and e-learning services provider in China, announced today that it will host the First Annual Education and Investor Day on Tuesday, October 20, 2009, at the Foreign Trade and Business College ("FTBC") of Chongqing Normal University in Chongqing, China.

This one-day event will be tailored for the education and investor community with the following objectives:

1) To update the Company's higher education partners on the status and future trends in the PRC post-secondary education sector and to provide a forum to exchange international education information.

2) To provide the investor community an in-depth understanding of the company's post-secondary and e-learning services, recent financial results and long term growth strategy.

Ron Chan, Chairman and Chief Executive Officer, Michael Santos, President-International, Antonio Sena, Chief Financial Officer, and other members of the executive management team will discuss the Company's strategy for long-term growth including a detailed update on its current projects. In addition, representatives from the PRC and the international educational community will discuss recent developments in the PRC higher education sector and international education exchange programs.

Members and professionals of the education and investor community are invited to attend the event. To register, please contact Ted Haberfield, at +1-760-755-2716 or email to thaberfield@hcinternational.net.

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.