www.chinaeducationresources.com
VANCOUVER,
Jan. 31, 2012 /PRNewswire/ - China
Education Resources, Inc. ("CER") (TSXV: CHN) (OTCQX: CHNUF), a
leading technology provider of online learning, training courses,
and tools for teachers, students and education professionals in
China, is pleased to provide an
update to the shareholders:
CER has been selected by the education authority of
Shanxi Province, China to provide education materials and books
to school libraries in the province. According to China's education development plan (2010 to
2020), Chinese government has started to invest billions of dollars
to upgrade school libraries in China. As a qualified content provider to the
school libraries, it brings great creditability and opportunity to
CER. CER is also in discussions with other provinces for the school
library upgrade program.
"We are very pleased with the progress we are
making. As a school library content provider and with our expansion
of school platform (the third step of the four-step growth plan),
we have been approached by publishers and content providers for
books and digital education material development as well as other
education products. We expect to generate more revenue by our
involvement in the school library upgrade program." said
Chengfeng Zhou, CEO, China Education
Resources.
CER also advises that Mr. Bill Calvin and Mr. Jeff
Munks have resigned from the board of directors of CER for
personal reasons. We thank their contributions to CER and wish the
best to their future endeavor.
In collaboration with China's education administrators and experts,
China Education Resources has been helping to transform the
curriculum of the world's largest educational system. Recognizing
the need to address education reform changes, China Education
Resources has created educational tools and curriculum for
China's entire kindergarten
through twelfth grade system. The Company is playing an integral
part in transforming China's
educational system through helping to convert the existing
educational system from a memory-based learning system to a
creative thinking and interactive approach. Presently, China Education Resources has over 1 million
kindergarten through twelfth grade teachers registered as users of
its Web portal. For more information, please
visit www.chinaeducationresources.com or call (604)
331-2388.
Safe Harbor Statement
Certain statements made herein, and other
statements relating to matters that are not historical facts and
statements of our beliefs, intentions and expectations about
developments, results and events which will or may occur in the
future, constitute "forward-looking information" within the meaning
of applicable securities legislation. Forward-looking information
and statements are typically identified by words such as
"anticipate", "could", "should", "expect", "seek", "may", "intend",
"likely", "plan", "estimate", "will", "believe" and similar
expressions suggesting future outcomes or statements regarding an
outlook. All such forward-looking information and statements are
based on certain assumptions and analysis made by China Education
Resources, Inc.'s management in light of their experience and
perception of historical trends, current conditions and expected
future developments, as well as other factors management believes
are appropriate in the circumstances. These statements, however,
are subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ
materially from those projected in the forward-looking information
or statements. Important factors that could cause actual results to
differ from these forward-looking statements include those
described under the heading "Risks and Uncertainties" elsewhere in
the Company's MD&A filed at www.SEDAR.com. The reader is
cautioned not to place undue reliance on forward-looking
information or statements. Except as required by law the Company
does not assume the obligation to revise or update these forward
looking statements after the date of this document or to revise
them to reflect the occurrence of future, unanticipated events.
The TSX Venture Exchange has not reviewed, and does
not accept, responsibility for the adequacy or accuracy of the
contents of this press release.
SOURCE China Education Resources Inc.