Market Overview

Global Education Announces Appointment of Chief Financial Officer


BEIJING, Sept. 28, 2011 (GLOBE NEWSWIRE) -- Global Education & Technology Group Limited (Nasdaq: GEDU) ("Global Education" or the "Company"), the largest test preparation provider for the International English Language Testing System ("IELTS") and a leading provider of educational courses and related services in China, today announced the appointment of Ms. Rita Zheng Liu as chief financial officer, effective October 10, 2011.

Mr. David Yongqi Zhang, chief executive officer of Global Education, commented, "We are pleased to have Ms. Liu join our management team as CFO. We believe her solid background in corporate finance and management as well as her in-depth experience at a NASDAQ-listed company will be a great asset to Global Education. We look forward to her contributions to the Company."

Ms. Liu has nearly 20 years' experience in corporate finance and management. Prior to joining Global Education, she was a director and chief financial officer of Dehaier Medical Systems Ltd (Nasdaq: DHRM), which she worked at from 2003, seeing the company through its IPO and subsequent development as a U.S.-listed company. Before Dehaier Medical, Ms. Liu served in senior financial management positions at Lehman Brown Investment Consulting (China) Co. and Bio-Rad Laboratory Instruments (China) Co., Ltd. Ms. Liu received her bachelor's degree from Renmin University of China in 1992 and master's degree in Business Administration from Peking University in 2001. Ms. Liu is a Public Accountant of the Institute of Public Accountants, a member of The Association for Accountants and Financial Professionals in Business, a member of the Chartered Institute of Management Accountants and a member of the Institute of Financial Accountants.

About Global Education

Global Education & Technology Group Ltd. (Nasdaq: GEDU) is the largest test preparation provider for IELTS and a leading provider of educational courses and related services in China. Under its "Global" brand, the Company also offers diversified services that span a student's educational life cycle, including after-school courses, overseas study consulting, and professional certification test preparation. As of June 30, 2011, the Company's network comprised 105 directly operated and 309 franchised learning centers across China, as well as an online course delivery platform with more than one million registered members. For more information, please visit

CONTACT: Global Education & Technology Group Ltd. Ms. Fay Zhang, VP Phone: +86 10 6212 5800 E-mail: ICR Inc. Mr. Rob Koepp Phone: +86-10-6583-7516 or +1-646-328-2520 E-mail:
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