Kid Castle Educational (PK) (USOTC:KDCE)
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From Jul 2019 to Jul 2024
Kid Castle Educational Corporation Continues To Expand Operations
In The Greater China Region
TAIPEI, Aug. 30 /Xinhua-PRNewswire-FirstCall/ -- Kid Castle Educational
Corporation (OTCBB: KDCE) has entered into an agreement with Haicheng
Information Technology to develop its multimedia education system to be used in
Kid Castle's Digital School. Kid Castle shall provide the complete software
system while Haicheng will provide the hardware for these schools.
Haicheng Information Technology is a subsidiary of Haier Group, one of the
world's leading household electronics appliance manufacturers. Kid Castle,
with the hardware support of Haicheng, will expand its presence in the China
market with its Digital School operation and multimedia materials. The
Company's multimedia program utilizes existing materials developed by Kid
Castle, such as the Wonderland Series, and puts them into a multimedia format
used in the Digital Schools.
Kid Castle has also entered into an agreement with Happy Seeds Limited to
distribute Kid Castle's Wonderland and Kids Talk Series of English materials in
Hong Kong. Beginning this July, the first installment period, July to October,
will have completed 20% of the distribution agreement.
Happy Seeds Limited is an English language school in Hong Kong with a well
established distribution channel to kindergartens, primary schools, bookstores
and various learning centers.
Both the Wonderland and Kid's Talk series are trademarked in Taiwan.
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.
This press release contains forward-looking information within the meaning of
Section 29A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Forward-looking statements include statements concerning
plans, objectives, goals, strategies, future events or performances and
underlying assumption and other statements, which are other than statements of
historical facts. Certain statements contained herein are forward-looking
statements and, accordingly, involve risks and uncertainties, which could cause
actual results, or outcomes to differ materially from those expressed in the
forward-looking statements. The Company's expectations, beliefs and projections
are expressed in good faith and are believed by the Company to have a
reasonable basis, including without limitations, management's examination of
historical operating trends, data contained in the Company's records and other
data available from third parties, but there can be no assurance that
management's expectations, beliefs or projections will result, or be achieved,
or accomplished.
Yu-En Chiu
CFO, Kid Castle
+886-2-22185996
DATASOURCE: Kid Castle Educational Corporation
CONTACT: Yu-En Chiu of Kid Castle, +886-222185996
Web site: http://www.kidcastle.com/