Kid Castle Educational Corporation Continues To Expand Operations In The Greater China Region
2004年8月31日 - 1:08PM
PRニュース・ワイアー (英語)
Kid Castle Educational Corporation Continues To Expand Operations
In The Greater China Region TAIPEI, Aug. 30
/Xinhua-PRNewswire-FirstCall/ -- Kid Castle Educational Corporation
(OTCBB: KDCE) has entered into an agreement with Haicheng
Information Technology to develop its multimedia education system
to be used in Kid Castle's Digital School. Kid Castle shall provide
the complete software system while Haicheng will provide the
hardware for these schools. Haicheng Information Technology is a
subsidiary of Haier Group, one of the world's leading household
electronics appliance manufacturers. Kid Castle, with the hardware
support of Haicheng, will expand its presence in the China market
with its Digital School operation and multimedia materials. The
Company's multimedia program utilizes existing materials developed
by Kid Castle, such as the Wonderland Series, and puts them into a
multimedia format used in the Digital Schools. Kid Castle has also
entered into an agreement with Happy Seeds Limited to distribute
Kid Castle's Wonderland and Kids Talk Series of English materials
in Hong Kong. Beginning this July, the first installment period,
July to October, will have completed 20% of the distribution
agreement. Happy Seeds Limited is an English language school in
Hong Kong with a well established distribution channel to
kindergartens, primary schools, bookstores and various learning
centers. Both the Wonderland and Kid's Talk series are trademarked
in Taiwan. Kid Castle Educational Corporation
(http://www.kidcastle.com/) is a Taiwan based provider of English
language instruction and educational services to children for whom
Chinese is their primary language. This press release contains
forward-looking information within the meaning of Section 29A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Forward-looking statements include statements
concerning plans, objectives, goals, strategies, future events or
performances and underlying assumption and other statements, which
are other than statements of historical facts. Certain statements
contained herein are forward-looking statements and, accordingly,
involve risks and uncertainties, which could cause actual results,
or outcomes to differ materially from those expressed in the
forward-looking statements. The Company's expectations, beliefs and
projections are expressed in good faith and are believed by the
Company to have a reasonable basis, including without limitations,
management's examination of historical operating trends, data
contained in the Company's records and other data available from
third parties, but there can be no assurance that management's
expectations, beliefs or projections will result, or be achieved,
or accomplished. Yu-En Chiu CFO, Kid Castle +886-2-22185996
DATASOURCE: Kid Castle Educational Corporation CONTACT: Yu-En Chiu
of Kid Castle, +886-222185996 Web site: http://www.kidcastle.com/
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