China Education Resources Inc. Announces Change of Auditor and Appointment of New Chief Financial Officer.VANCOUVER, British Columbia -- China Education Resources Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:CHN CHN China CHN Chain CHN Canadian Health Network CHN Coalition on Human Needs CHN California Homeschool Network CHN Cleveland Housing Network CHN Center for Human Nutrition CHN Carbon, Hydrogen, Nitrogen CHN Community Health Nurse ) today announced the appointment of Ernst & Young LLP as its auditors to replace MacKay LLP, effective January 4, 2005. The company is also pleased to announce the appointment of Victor Kwee, CMA CMA - Concert Multithread Architecture from DEC. as the new Chief Financial Officer and Corporate Secretary for the company to replace Mary Chin, who is resigning to pursue other interests. Mr. Kwee has an extensive background in the financial and accounting areas, having worked for Peat Marwick & Mitchell in Malaysia and several local Vancouver companies. Mr. Kwee holds a Bachelor of Business Administration “BBA” redirects here. For other uses, see BBA (disambiguation). The Bachelor of Business Administration (BBA) is a bachelor's degree in business studies. from Simon Fraser University Simon Fraser University, main campus at Burnaby, British Columbia, Canada; provincially supported; coeducational; chartered 1963, opened 1965. The Harbour Centre campus in downtown Vancouver opened in 1989. and is a Certified Management Accountant You can assist by [ editing it] now. (CMA). Ronald C. Shon, President, commented "Mr. Kwee is a very welcome addition to our management team. His ability to read Chinese and speak Mandarin along with his proven expertise in the finance and accounting area will be invaluable as the company grows." About China Education Resources Inc. China Education Resources Inc. is a Canadian-based company focused on providing educational solutions to various segments of the Chinese economy. The admission of China into the WTO See World Trade Organization. and the granting of the 2008 Olympic Games to Beijing have created a growing demand for education, corporate training and extended learning in China which provides significant business opportunities to China Education Resources Inc. On August 2002, China Education Resources Inc. acquired Today's Teachers Technology and Culture Ltd. ("TTTC TTTC Test Technology Technical Committee (IEEE) TTTC The Tibetan Tea Company (band) TTTC Too Tough to Call TTTC Trees to the Curb (band) ") in China to expand its educational operations. TTTC is a 12-year-old educational product distribution company whose product line includes books, software, audio and video materials, and educational training tools. On September 2003, China Education Resources Inc. acquired Northern Education Books Ltd. ("NEB") which distributes a series of supplementary textbooks, similar to "Coles Notes," for the high school market. If you would like to receive press releases by email, please contact Ronald Shon, admin@chinaeducationresources.com. FORWARD-LOOKING STATEMENTS: Except for statements of historical fact, all statements in this news release - including, without limitation, statements regarding revenue estimates and future plans and objectives of China Education Resources Inc. - are forward-looking statements that are subject to various risks and uncertainties. Forward-looking statements are based on current expectations and analyses, including China Education Resources' analysis of its product and distribution system and its expectations regarding the effects of anticipated product and distribution changes and the potential benefits of such efforts and activities on China Education Resources' results of operations in future periods. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. does not accept responsibility for the adequacy or accuracy of this release. China Education Resources Inc. (TSX VENTURE:CHN) |
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