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Xueda Education Group Announces Launch of Its Smart Tutoring System

2014-03-20 03:00 ET - News Release

BEIJING, March 20, 2014 /PRNewswire/ -- Xueda Education Group (NYSE: XUE) ("Xueda" or the "Company"), a leading national provider of personalized tutoring services for primary and secondary school students in China, today announced the launch of its proprietary Smart Tutoring System and rollout to all of its nationwide network of learning centers. The Smart Tutoring System is a cloud-based personalized tutoring support system encompassing diagnostic assessment, comprehensive interactive curriculum, pinpoint student monitoring and sophisticated communication functions.

Using the mobile application delivery platform of the Smart Tutoring System, students can access Xueda's curriculum with any Internet-enabled device, allowing students to effectively study anywhere, anytime. The interactive curriculum provides immediate feedback and includes thousands of short teaching videos offering precise help at key knowledge points. The interactive curriculum complements tutoring instruction delivered in the learning centers and is not intended to function as a stand-alone, on-line learning resource.

In addition, the Smart Tutoring System facilitates transparency in the tutoring process by providing parents a convenient window to efficiently monitor their children's study progress, communicate with the instructor and study counselor, schedule learning center sessions and check tuition balance.

All mobile applications of the Smart Tutoring System for students and parents are available to download for iOS, Android and WeChat platforms.

Mr. Xin Jin, co-founder and Chief Executive officer of Xueda, stated, "The Smart Tutoring System represents the most advanced digital platform technology in the tutoring industry in China and Xueda leads the market with its introduction. This technology ushers in a new era of effectiveness in tutoring and raises the bar for quality in the industry to a new, higher level." He concluded, "The Smart Tutoring System upgrades our entire method of service delivery, uniquely positioning Xueda in the market place to more quickly and efficiently meet the study needs of our students."

Ms. Christine Lu-Wong, Chief Financial Officer of Xueda, added, "By blending the benefits of personal instruction in the learning centers with the immediate feedback of the digital interactive curriculum, our students can make optimal personal progress." She further commented, "Using the Smart Tutoring System's pinpoint monitoring functions allows instructors to more precisely and effectively guide students in reaching their learning goals. I'm excited to offer our students a new way to make greater progress."

About Xueda Education Group

Xueda Education Group ("Xueda") is a leading national provider of personalized tutoring services for primary and secondary school students in China. For more information about Xueda, please visit http://ir.xueda.com.

Forward-looking Statements

All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations, market and operating conditions, estimates and projections about our industry, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," "targets" and similar expressions, and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks and uncertainties beyond our control, which could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement. Further information regarding these and other risks, uncertainties or factors is included in our filings with the U.S. Securities and Exchange Commission. We do not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

Contact:

Xueda Education Group
Ross Warner
Tel: +86-10-6427-8899 ext. 6619
Email: investor_relations@xueda.com

Asia Bridge Capital Limited
Wendy Sun
Tel: +86-10-8556-9033 (China)
+1-888-550-8392 (U.S.)
Email: wendy.sun@asiabridgegroup.com

SOURCE Xueda Education Group

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