ATA Announces Resignation of President Walter Wang
Mr. Wang to Remain on Board of Directors and to Continue Work with Company as
BEIJING, Dec. 7, 2012
BEIJING, Dec. 7, 2012 /PRNewswire-FirstCall/ -- ATA Inc. ("ATA" or the
"Company", Nasdaq: ATAI), a leading provider of computer-based testing and
testing-related services in China, today announced that the Company's
president and co-founder Walter Wang has tendered his resignation, effective
January 1, 2013, for personal reasons. His duties will be redirected amongst
current members of ATA's management team.
Mr. Wang will remain a member of ATA's Board of Directors and continue to
contribute to the Company as a consultant assisting primarily with the HR
Select and TOEIC businesses.
Mr. Kevin Ma, Chairman and CEO, stated, "On behalf of the entire team at ATA,
I sincerely thank Walter for his many years of hard work and dedication to our
shared vision for the Company. We wish him all the best in his future
endeavors and are very pleased that he will continue contributing his
knowledge and experience to ATA as we further develop our new lines of
Mr. Wang commented, "It has been a pleasure and honor to work with an
executive team that is as earnest and committed to the goal of advancing
quality and equity in education and employment as I am. I look forward to
continue offering my expertise and support to ATA's growth initiatives in the
years to come."
About ATA Inc.
ATA is a leading provider of computer-based testing services in China. The
Company offers comprehensive services for the creation and delivery of
computer-based tests based on its proprietary testing technologies and test
delivery platform. ATA's computer-based testing services are used for
professional licensure and certification tests in various industries,
including information technology services, banking, teaching, securities,
insurance, and accounting. As of September 30, 2012, ATA's test center
network comprised 2,572 authorized test centers located throughout China. The
Company believes it has the largest test center network of any commercial
computer-based testing service provider in China.
ATA has delivered more than 42.6 million billable tests since ATA started
operations in 1999.
For more information, please visit ATA's website at http://www.ata.net.cn.
At the Company Investor Relations
ATA, Inc. The Equity Group Inc.
Benson Tsang, CFO Carolyne Yu, Account Executive
+86 10 6518 1122 x5107 (China) 212-836-9610 (U.S.)
firstname.lastname@example.org +86 10 6587 6435 (China)
Adam Prior, Vice President
SOURCE ATA Inc.
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