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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX) -- Ignore unavailable to you. Want to Upgrade?

To: Condor who wrote (718)	3/20/2002 2:07:56 PM
From: Al Collard	Read Replies (1) \| Respond to of 960

CIBT Launches New Corporate Website CDNX Symbol: CPT VANCOUVER, March 20 /CNW/ - CIBT Canadian Institute of Business & Technology Corp. ("CIBT"), a subsidiary of Capital Alliance Group Inc. (CDNX:CPT) and a leading business school providing corporate training and academic degree programs in Beijing, China, announces that it has launched a new corporate website at www.CIBTCorp.com. The new website provides background information on the Chinese education market and profiles of CIBT's education and training programs, in addition to company news and business presentations. "This website provides our investors, CIBT partners, media and other members of the public with comprehensive and up-to-date information that reflects CIBT's initiatives, growth and recently accelerated business development," said Toby Chu, CIBT president and CEO. "As the profile of CIBT continues to grow, in both North America and Asia, CIBTCorp.com will serve as our primary tool for maintaining up-to-date information on developments at CIBT." Capital Alliance Group Inc. also announces that the funds raised under the private placement announced March 5, 2002 will be used for business development and general working capital purposes. A finder's fee is payable in connection with this private placement. About CIBT Formed in 1994, CIBT has established itself as a prestigious institution of higher learning. Through its subsidiary, CIBT School of Business, comprising three campuses in Beijing, China, CIBT Canadian Institute of Business and Technology Corp. delivers foreign academic, information technology and career training programs to thousands of students and corporations in China. Rated as one of the top ten foreign-owned MBA providers in China, CIBT is among the first institutions in China to receive official approval from the Academic Degrees Committee of the State Council to award foreign MBA degrees. CIBT's Chinese joint venture partner, Beijing Polytechnic University, is a distinguished member of China's Project 211, a project representing China's top 100 institutions of higher education chosen to play a leading role in training China's high-level manpower for the 21st century. Through agreements with international universities in Australia, Canada, the UK, Switzerland and Thailand, CIBT provides Chinese students and business executives the opportunity to study abroad. CIBT also delivers information technology programs in Beijing through its business agreement with ITT Educational Services, Inc. (NYSE:ESI), a leading U.S.-based provider of technology-oriented postsecondary degree programs. Major sponsoring corporations of CIBT's training programs include KPMG, Bank of China International and NASDAQ International. On Behalf of the Boards of Directors of Capital Alliance Group Inc. and CIBT Canadian Institute of Business & Technology Corp. Toby Chu President & C.E.O.