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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX)

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To: keith massey who started this subject1/23/2003 2:18:58 PM
From: J-R  Read Replies (2) of 960
 
News Release

TSX-V Symbol: CPT
January 23, 2003

CIBT Signs Agreement with

Hong Kong based Executive Placement Firm

CIBT Canadian Institute of Business & Technology Corp. (“CIBT”), a
subsidiary of Capital Alliance Group Inc. (TSX-V:CPT) and a leading business
school providing academic degree programs, corporate and information
technology training in China, has signed a one-year agreement with Globe
Team International Ltd. (“GTI”), a leading Hong Kong-based executive search
firm, to provide executive personnel placement services for graduates of
CIBT School of Business in Beijing.

“This agreement with GTI provides enhanced student services that improve the
employment prospects of our graduates and help them secure higher paying
jobs at foreign owned companies operating in China,” stated Toby Chu,
president and CEO of CIBT. “As management executives trained in Western
accredited and recognized academic programs, complemented by local knowledge
and experience in the Chinese marketplace, CIBT graduates are invaluable to
foreign companies. Facilitating student placement in desired executive
management positions is an important component in enhancing our strong
reputation with the Chinese and Western business communities.”

About GTI

Globe Team International Ltd. is one of the leading executive search firms
in Hong Kong and has over 30 worldwide affiliation offices. GTI has a
network of offices throughout Asia including Singapore, India, China and the
rest of the world, enabling it to deliver end-to-end service capabilities
both locally and regionally. GTI is able to serve the expanding needs of its
global clients and provide recruitment and consulting services to many large
local and international organizations. The company’s strength and specialty
is mainly in banking and finance, information technology and sales and
marketing, while taking on assignments from other commercial or general
business sectors.

About CIBT

CIBT has provided academic degrees, corporate training and information
technology programs in China since 1994. Rated among the top ten
foreign-owned MBA providers in China, CIBT was one of the first institutions
to receive official governmental approval to award foreign-accredited MBA
degrees. CIBT has three campuses in Beijing consisting of over 70,000
square-feet of classroom space. For more information, visit the CIBT
websites at www.CIBTCorp.com or www.cibt.edu.
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