CHANGSHA, China, Feb. 7, 2011 (GLOBE NEWSWIRE) -- HQ Global Education Inc. (OTCBB:HQGE) ("HQ" or the "Company"), which operates 10 vocational schools in China under the "HQ" brand and is one of China's leading providers of customized vocational education, today announced the Company has retained Hayden Sheinwald Communications Global, LLC ("HSC Global"), an affiliate of HC International, Inc. ("HCI") to provide strategic investor relations services. HSC Global will assist the Company in broadening its presence in the financial markets while helping investors gain a better understanding of HQ's business and financial attributes. Alan Sheinwald, Matthew Hayden, and the rest of the HSC Global team will be advising the Company in all facets of corporate and financial communications.
"We are very pleased to have selected HSC Global and are looking forward to working with the team as our investor relations counsel," stated Mr. Guangwen He, HQ's Chief Executive Officer. "HSC Global and its affiliate, HC International, have a proven track record of representing successful, well-run Chinese companies listed on U.S. exchanges. We are confident that together we will effectively communicate our business model, growth strategy, competitive advantages, and value proposition to the investment community. We look forward to meeting with investors throughout the United States and attending investor conferences," Mr. He added.
"As a leading provider of customized vocational training and private education services for students through private and public vocational schools in China, HQ Global is capitalizing on the strong demand for education and governmental support for training and educational programs in China," stated Alan Sheinwald, President of HSC Global. "Today HQ manages 10 schools offering 60 training programs in 17 career categories with significant enrollment growth from 19,406 students during the second semester of 2006 to 37,408 students as of November 30, 2010. HQ's well known and respected brand coupled with its unique business model has positioned the Company to enjoy further growth in the future."
About HQ Global Education, Inc.
HQ Global Education, Inc. provides customized vocational training and private education services to students through private and public vocational schools in China. The HQ Global brand has become increasingly synonymous throughout China with superior vocational training to meet employer needs and career fulfillment for students who aspire to become technical and skilled workers. As of November 30, 2010, student enrollment totaled 37,408 students from 25 provinces throughout China. Through HQ Global's order-oriented customized education model, contractual relationships have been established with approximately 128 employers to provide training and internship arrangements for students. HQ Global has maintained 100% job placement for graduates. HQ Global generates revenue from tuition, school logistic fees, and internship/placement fees.
For more information, please visit: www.hq-education.com
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Information Regarding Forward-Looking Statements
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product demand, market competition, and risks inherent in our operations. These and other risks are described in our filings with the U.S. Securities and Exchange Commission.