Kid Castle Established Its Independent Directors And Expected Soon Be Reviewed By AMEX And Continuing Its Aggressive Expansion I
15 Avril 2004 - 12:53PM
PR Newswire (US)
Kid Castle Established Its Independent Directors And Expected Soon
Be Reviewed By AMEX And Continuing Its Aggressive Expansion In
China TAIPEI, Taiwan, April 15 /Xinhua-PRNewswire-FirstCall/ -- As
requested by AMEX, Kid Castle Educational Corporation (BULLETIN
BOARD: KDCE) has established its independent directors along with
the application file and shall send its name list for AMEX's
review. As to other business development, aside from its franchise
expansion, the company has also increase its joint-partnership with
various local entities and incorporated operations such as the
Culture Media and Education Center to increase its publishing
materials across China. Kid Castle has also entered into a
cooperation agreement with Shanghai Hotline. With approximately 800
thousand members, Shanghai Hotline will develop a site for KDCE to
host, sell, and promote the company's published materials and
online learning. Meanwhile, in order to facilitate its expansion,
the Company has invested heavily in its human resources in their
China operations, based in Shanghai. Kid Castle currently has over
100 employees in China. Management believes that the increase in
the number and quality of its human resource will enable it to meet
the demands of these future operations. Kid Castle Educational
Corporation (http://www.kidcastle.com/) is a Taiwan based provider
of English language instruction and educational services to
children for whom Chinese is their primary language. Contact: Yu-En
Chiu CFO of Kid Castle Educational Corporation Tel:
+886-2-2218-5996 DATASOURCE: Kid Castle Educational Corporation
CONTACT: Yu-En Chiu, CFO of Kid Castle Educational Corporation,
+886-2-2218-5996 Web site: http://www.kidcastle.com/
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