CHANGSHA CITY, China, Nov. 29, 2010 (GLOBE NEWSWIRE) -- HQ Global Education Inc. ("HQ" or the "Company") (OTCBB:HQGE), which controls and operates 10 vocational schools in China under the widely known "HQ" brand and is one of China's leading providers of customized or "order-oriented" vocational education, announced today that it will hold a conference call to discuss its financial results for the fiscal year ended August 31, 2010. The conference call is scheduled for Tuesday, November 30, 2010 at 8:30 a.m. Eastern time (5:30 a.m. Pacific).
To participate in the call, please dial (877) 941-2069, or (480) 629-9713 for international calls, approximately 10 minutes prior to the scheduled start time. Interested parties can also listen via a live Internet webcast, which can be found at .
A replay of the call will be available for two weeks from 11:30 a.m. EST on November 30, 2010, until 11:59 p.m. EST on December 14, 2010. The number for the replay is (877) 870-5176, or (858) 384-5517 for international calls; the pass code for the replay is 4390105. In addition, a recording of the call will be available via the company's website at for one year.
About HQ Global Education Inc. ("HQ")
HQ provides "customized training" services to varied student populations by operating its own private schools or cooperating with selected vocational schools in China. By rendering full-scale educational and job placement services, the Company realizes recurring revenues, such as tuition fees, school logistics services fees, off-campus internship management fees, and job placement fees. As of August 31, 2010, there were more than 34,000 students from 25 provinces throughout China enrolled in HQ-operated schools. In line with its "customized education" approach, HQ has established cooperation relationships with approximately 128 enterprise clients and provides training to students who frequently become employees of these enterprises. As part of the program, HQ also endeavors to place students in off-campus internships with the enterprises. HQ has become increasingly synonymous throughout China with superior training to meet employer needs and for producing outstanding technical specialists with immediate jobs and fulfilling career opportunities. For the year ended August 31, 2010, the employment rate remained 100% for the students who graduated from our vocational programs.
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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.
CONTACT: HQ Global Education Inc. Mr. Guangwen He, Chairman and Chief Executive Officer (86 731) 87828601 Fax: (86 731) 87828601 www.hq-education.com RedChip Companies, Inc. Investor Relations: Dave Gentry, U.S. +1-800-733-2447, Ext. 104 info@redchip.com RedChip Beijing Representative Office Jing Zhang, China +86 10-8591-0635 http://www.RedChip.com