The New 17,000 Square Foot Classroom and
Student Activities Space at 'Tower on the Maumee' Will Accommodate the Expected Growth
in Enrollment Metrics at Davis
MIDDLETOWN,
Ohio, July 9, 2024 /PRNewswire/
-- EpicQuest Education Group International Limited
(NASDAQ: EEIQ), ("EpicQuest Education", "EEIQ" or the
"Company"), a provider of higher education for domestic and
international students in the US, Canada and the UK, today announced that it
recently expanded its Davis University campus to downtown
Toledo, to accommodate an expected
growth in enrollment metrics attributable to its
internationalization strategy.
"We are excited to announce the expansion of
Davis University into a new location in downtown Toledo. This strategic move will house our new
upcoming programs and provide a vibrant learning environment in the
heart of Toledo. The new campus is
set to open for admissions in July
2024, welcoming students to a dynamic urban setting that
fosters innovation and growth," said Diane
Brunner, President of Davis University. "We are committed to
grow the University and offer career-focused programs for both our
domestic and international students in a continued tradition of
excellence."
Davis University is the only institution of
higher learning located in downtown Toledo, and Davis will host a ribbon cutting
ceremony on July 9th to
celebrate its new learning environment.
EpicQuest Education's Mission of
Internationalization
The Company believes that internationalization is
a key element of its strategic growth plan. EpicQuest Education's
growth plan is to have its operated colleges, Davis University and
EduGlobal College, become increasingly focused on international
recruiting and enhanced globalized learning to its students as well
as pathways to achieve university degrees. The Company's strategic
growth plan is to achieve international expansion and establish
EEIQ as a truly international service provider of higher
learning.
"Our pathway and collaborative international
programs are a vital element of the Company's strategic plan that
provides options to our students that customizes their academic
journeys," commented EpicQuest Education CFO Zhenyu Wu. "Our four-year Bachelor's Degree in
Business supports both our domestic and international recruiting
and offers a career path into many professions. Further, Davis
University's new STEM programs in Data Science and Computer
Engineering continue to attract international students who continue
to view the US as the most attractive overseas study abroad
country. We are confident that our student-centric approach
combined with our growth strategy of internationalization will
result in a strong return on investment for both our students and
our shareholders."
About EpicQuest Education Group
International Limited
EpicQuest Education Group International Limited
("EpicQuest Education" or the "Company") provides comprehensive
education solutions for domestic and international students seeking
university and University degrees in the US, Canada and the UK. The Company owns and
operates EduGlobal University, based in British Columbia, Canada, which focuses on
English proficiency educational programming for students pursuing
academic degrees. The Company operates and is a 70% owner of Davis
University, a career training University located in Toledo, Ohio. In addition, the Company has a
recruiting relationship with the Miami
University 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 is also 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 UK. EpicQuest Education recently established a wholly owned
subsidiary, Gilmore Inv LLC, in Ohio, that will offer international
educational programs related to kinesiology and recreation
education. The Company also established a company in Ohio, SouthGilmore LLC that has been formed to
organize sports-related entertainment projects, which is 40% owned
by Gilmore. For more information, please
visit www.epicquesteducation.com/.
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:
EpicQuest Education Group International Limited
+1
513-649-8350
info@epicquesteducation.com
Investor Relations:
Precept Investor Relations
LLC
David Rudnick
+1 646-694-8538
david.rudnick@preceptir.com
Source: EpicQuest Education Group International
Limited
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SOURCE EpicQuest Education Group International Limited
