Wonder International's Management Discusses Start of Trading
PHOENIX, AZ -- (Marketwire) -- 07/23/12 -- Wonder International
Education and Investment Group Corporation's (OTCBB: WIEI) (OTCQB:
WIEI) management today provided a review of their past results and
snapshot of their future. Wonder is a provider of information
technology vocational training schools and the first China-based
vocational training school publicly traded in the U.S. on Over The
Counter Bulletin Board and OTC Markets.
Wonder ended 2011 with a record revenue of $14.8 million and a
comprehensive income of $7.2 million compared to revenue of $12.7
million and comprehensive income of $6.4 million in 2010. For the 1st
Quarter of 2012, Wonder recorded revenue of $4.6 million and
comprehensive income of $2.2 million with increases of 18% and 16%
versus the same quarter in 2011.
Frank Wei, CEO of Wonder, commented, "We are very pleased to begin
trading in the United States this past week. We have been able to
continue to improve our financials on our own, without access to
outside capital. Having access to the U.S. capital market will now
allow us to expand our IT vocational training business and also allow
us to expand into other vocational training opportunities. We will
keep our shareholders and the U.S. markets informed of our expansion
plans via press releases and shareholder conference calls. We are
excited about our future and look forward to providing a significant
financial return for our shareholders. We would like to thank
EastBridge Investment Group for their assistance in helping us become
a public company in the U.S."
Wonder established its first school in 1993 and operates seven
information technology-focused vocational training schools in seven
provinces: Anhui, Jiangsu, Zhejiang, Henan, Hubei, Liaoning, and
Fujian. The Company's core focus is to educate students in the
lesser-developed cities of China to have the practical skills to
secure higher-paying jobs.
Wonder also operates employment service agencies in more than 20
provinces and municipalities to serve their more than 20,000
graduating students annually. The Company's partnership with 30,000
corporations and 12 employment agencies will help provide jobs to
Wonder's students and increase quality IT to support China's growing
For more information, please view www.wondedu.com
EastBridge Investment Group (OTCBB: EBIG) (OTCQB: EBIG) focuses on
high-growth companies in Asia and in the United States, offering
IPOs, Joint Ventures and Merchant Banking services. The Company
targets industries in electronics, real estate, auto, metal, energy,
environmental, bioscience and food retail distribution. To learn more
about EastBridge Investment Group go to: www.EbigCorp.com. To receive
EBIG's email alert, send a blank email to info@EbigCorp.com.
Statements in this press release relating
to plans, strategies, economic performance and trends, projections of
results of specific activities or investments, and other statements
that are not descriptions of historical facts may be forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Forward-looking
information is inherently subject to risks and uncertainties, and
actual results could differ materially from those currently
anticipated due to a number of factors, which include, but are not
limited to, risk factors inherent in doing business. Forward-looking
statements may be identified by terms such as "may," "will,"
"should," "could," "expects," "plans," "intends," "anticipates,"
"believes," "estimates," "predicts," "forecasts," "potential," or
"continue," or similar terms or the negative of these terms. Although
we believe that the expectations reflected in the forward-looking
statements are reasonable, we cannot guarantee future results, levels
of activity, performance or achievements. The Company has no
obligation to update these forward-looking statements.
The Eversull Group, Inc.
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