CIBT to expand into India

December 9, 2009

CIBT Education Group, a Canadian-based company with a global network of over 45 business, vocational, and language schools, announced Monday plans to expand into India by licensing the brands of its subsidiaries CIBT School of Business and Sprott-Shaw Community College in a number of selected states in the Asian nation. A term sheet agreement CIBT signed with a Canadian investment holding company allows for the licensee to offer selected programs at campuses in India, market the programs and recruit Indian students to Canada, and establish credit transfer programs among India and other CIBT and Sprott-Shaw partner campuses worldwide. CIBT News Release