Sibling Group Announces European Initiative; Establishes European Base in Dublin, Ireland
NEW YORK and ATLANTA, Jan. 19, 2012 /PRNewswire/ -- Sibling Group Holdings, Inc. (OTCQB:SIBE) ("the Company") announced that it has established a new office in Dublin, Ireland from which it will evaluate offshore acquisitions and operations. It expects to explore opportunities in both technology based learning, and conventional teaching, tutoring and school operations, in the international markets through this new office. Its acquisition activity will become part of a new European subsidiary, Sibling Group Holdings, Ltd., similar to its US operating subsidiary, NEWCO4EDUCATION, LLC.
Mr. Michael Hanlon, who joined the Board of Directors last month, will be staffing the office initially, along with a group of professionals who will evaluate corporate entities for its operations in the European marketplace. Hanlon already operates a consultancy with US and European corporations, generally aimed at merger and acquisition situations internationally. He will act in a advisory capacity to the Company. "We see this as a global opportunity, as investment in learning grows as an 'asset class', and entities worldwide share their knowledge and experience to increase the the rate, and efficiency with which we can educate our youth. It is without a doubt one of the most exciting growth markets I have seen," said Hanlon, who has over 20 years experience in international business, mergers and acquisitions. Those with businesses which may benefit from investment by the Company should send a summary of the business, including financial reports and shareholder information to: [email protected].
The address and contact information for the new Sibling Group office in Dublin, Ireland is:
Mr. Michael Hanlon
Sibling Group Holdings, Ltd.
Suite 305 Capel Building
Mary's Abbey
Dublin 7
Ireland
ABOUT SIBLING GROUP HOLDINGS:
Sibling Group Holdings, Ltd. and NEWCO4EDUCATION, LLC are recently formed entities with a focus on providing services and technology aimed at increasing the performance in educational settings. It is a wholly owned subsidiary of the Sibling Group Holdings, Inc., and intends to initially operate through two (2) divisions, its Educational Management Organization (EMO) and its Technology and Services Group (TSG). The EMO intends to provide school management services, to both public and private entities. The TSG division is focused on the educational materials marketplace, using both electronic and traditional media, and through the development and deployment of software, systems and procedures to enhance the rate of learning in the educational market. For further information please visit www.newco4education.com.
Safe Harbor: This press release may contain forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Sibling Entertainment Group Holdings, Inc. is subject to risks detailed from time to time in its publicly filed documents available at www.sec.gov. Sibling Entertainment Group Holdings, Inc. does not undertake to update any forward-looking statements that it may make to conform to actual results. All current and potential shareholders are asked to read all filings for the Company at the Securities and Exchange Commission web site, www.SEC.gov.
SOURCE Sibling Group Holdings, Ltd.
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