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Cloud Nine Education Group Ltd
Symbol CNI
Shares Issued 36,907,519
Close 2018-04-23 C$ 0.03
Market Cap C$ 1,107,226
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Cloud Nine signs two agreements with Stanstead College

2018-04-24 09:17 ET - News Release

Mr. Allan Larmour reports

CLOUD NINE EDUCATION GROUP LTD. EXPANDS AGREEMENTS WITH STANSTEAD COLLEGE

Cloud Nine Education Group Ltd. has signed two agreements with Stanstead College. The first extends the existing summer camp program offered at the college using the Cloud Nine ESL program. The second creates a marketing and referral relationship for Vietnam where Stanstead College has deep ties with a school in Hanoi and active plans under way to develop a school in Ho Chi Minh City.

Speaking to the issue, Cloud Nine president and chief executive officer, Al Larmour commented, "In reaching these agreements, Cloud Nine has established a runway for a significant expansion of revenue from the ESL market in Vietnam, and in the number summer camp programs we can attract across North America."

Continuing, Mr. Larmour said: "We are very pleased to expand our working relationship with Stanstead College. Their long-standing tradition of demonstrating excellence in education is consistent with the branding we wish to establish for Cloud Nine as we move forward. In that sense, I believe we are a good fit and will do well together."

For Stanstead College an association with Cloud Nine enables the long-time educator to offer their students one of the most advanced and interactive ESL programs available. Stanstead headmaster, Michael Wolfe, addressed the issue saying: "We are confident that the ESL industry will continue to grow in the decades to come. And, having worked with them for a year now, Stanstead is confident in Cloud Nine's ability to design, develop, and deliver engaging and cutting-edge ESL programs while maintaining the highest levels of academic excellence. We believe that, properly marketed, Cloud Nine's ESL programs could do very well in in Canada and overseas."

Mr. Wolfe went on to mentioned that beyond offering the Cloud Nine general English program, Stanstead is also interested in working with Cloud Nine to provide its students and those residing in Quebec with access to the new IELTS test prep curriculum developed by Cloud Nine and announced on Feb. 7, 2018.

"IELTS is clearly the most widely recognized English language proficiency test in the world right now," Mr. Wolfe said. "If we are going to work with Cloud Nine it only makes sense that we would want to help market their proven and practical IELTS course to a worldwide market that just continues to grow."

The agreements were executed on April 20, 2018.

About Cloud Nine Education Group Ltd.

The company specializes in the development and sale of its proprietary English language curriculum called the Cloud Nine ESL program. The system is technologically advanced replacing textbooks with tablets and smart phones; this better meets the needs of today's highly mobile learner. YouTube videos and Internet links are embedded in the curriculum's core content to create a dynamic and interactive platform, providing users with more than 30,000 pages of learning content. The company also owns and operates Cloud Nine College Ltd., an accredited ESL school in Vancouver.

About IELTS

The International English Language Testing System (IELTS) test was developed by Cambridge and is arguably the world's most recognized standard to determine an individual's English language proficiency. English-only schools, citizenship review agencies and professional disciplines such as translation, aviation, medicine and engineering all rely on the results to assess the applicant's linguistic capacity.

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