Capital Alliance (CPT)

[pritz]

CIBT FEATURED ON CHINA'S NATIONAL TELEVISION

Capital Alliance appoints new development VP, director

2004-05-13 15:56 ET - News Release


Mr. Toby Chu reports

CIBT FEATURED ON CHINA'S NATIONAL TELEVISION

CIBT School of Business & Technology, a subsidiary of Capital Alliance Group and a leading business school in China, was recently featured in China Today, a 30-minute documentary magazine program broadcast on the English-language channel of China Central Television (CCTV), China's largest national television network. The format of China Today is similar to the widely popular CBS news magazine, 60 Minutes. CCTV is a state-owned, non-profit network that reaches more than 1.1 billion people across the country through 13 channels. Its English-language channel is broadcast via satellite all around the world.

To highlight the advantages of private education over traditional public education, China Today interviewed Shuai Yang, general manager of CIBT, who explained how private education adds value to China's education sector. A video clip of the China Today program can be viewed at http://www.cag-global.com/newflash/chinatv.html.

Capital Alliance Group would also like to announce two new appointments:

James Neil replaced Quentin Mai on May 3, 2004, as the vice-president of business development and corporate relations. Mr. Neil holds a bachelor of arts degree from the University of Victoria and has been a financial consultant for the past eight years. His areas of expertise include corporate finance, corporate communications, venture capital and mergers, and acquisitions. In addition, he has sophisticated knowledge of the capital markets and has been a successful equities and options trader for more than 10 years.

Alfred Ng has been appointed to join the company's board of directors and audit committee. Mr. Ng is the president and founder of ANG International Group, a company that markets and manufactures heat-distributing systems and air conditioning products from North America and Europe. Mr. Ng has extensive experience doing business in North America, Asia and particularly China, establishing business presence in over 30 Chinese cities, Canada and the United States in the last 30 years.

WARNING: The company relies upon litigation protection for "forward-looking" statements