ChinaCast Education to Report Fourth Quarter and Fiscal Year 2010 Financial Results on March 16, 2011

Mar 01, 2011, 07:00 ET from ChinaCast Education Corporation

BEIJING, March 1, 2011 /PRNewswire-Asia-FirstCall/ -- ChinaCast Education Corporation ("ChinaCast" or the "Company", Nasdaq: CAST), a leading post-secondary education and e-learning services provider in China, today announced that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2010, on Wednesday, March 16, 2011, after the close of the market.

ChinaCast's management team will host an earnings conference call at 8:00 am ET, Thursday, March 17, 2011.  The dial-in details for the earnings conference call are as follows:

Earnings Call Telephone Numbers:

US/Canada Toll Free:                          

+877-303-9226

International:

+1-760-666-3566

A replay of the earnings conference call will be available at the following numbers:

Replay Telephone Numbers:

US/Canada Toll Free:                          

+1-800-642-1687

International:

+1-706-645-9291

Replay Pass Code:

48374657

The replay will be available starting at 10:00 am ET, Thursday, March 17, 2011, through 11:59 pm ET, Thursday, March 31, 2011.

Additionally, a live and archived version of the earnings call will be available at www.chinacasteducation.com.  Please access the website approximately 10 minutes prior to the start time in order to download and install any necessary software.

About ChinaCast Education Corporation

Established in 1999, ChinaCast Education Corporation is a leading for-profit, post-secondary education and e-Learning services provider in China. The Company provides post-secondary degree and diploma programs through its three universities in China: The Foreign Trade and Business College of Chongqing Normal University, the Lijiang College of Guangxi Normal University and Hubei Industrial University Business College. These universities offer fully accredited, career-oriented bachelor's degree and diploma programs in business, economics, law, IT/computer engineering, hospitality and tourism management, advertising, language studies, art and music. The Company provides its e-Learning services to post-secondary institutions, K-12 schools, government agencies and corporate enterprises via its nationwide satellite/fiber broadband network. These services include interactive distance learning applications, multimedia education content delivery, English language training and vocational training courses. The Company is listed on NASDAQ Global Select Market with the ticker symbol CAST.

Safe Harbor Statement

This press release may contain statements that are forward-looking, as that term is defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements express our current expectations or forecasts of possible future results or events, including projections of future performance, statements of management's plans and objectives, future contracts, and forecasts of trends and other matters. These projections, expectations and trends are dependent on certain risks and uncertainties including such factors, among others, as growth in demand for education services, smooth and timely implementation of new training centers and other risk factors listed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2009. Forward-looking statements speak only as of the date of this filing, and we undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur. You can identify these statements by the fact that they do not relate strictly to historic or current facts and often use words such as "anticipate," "estimate," "expect," "believe," "will likely result," "outlook," "project" and other words and expressions of similar meaning. No assurance can be given that the results in any forward-looking statements will be achieved and actual results could be affected by one or more factors, which could cause them to differ materially. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act.

CONTACT:  

ChinaCast Education

Michael J. Santos, President-International

+1-347-482-1588

mjsantos@chinacasteducation.com

HC International

Ted Haberfield, Executive Vice President

+1-760-755-2716

thaberfield@hcinternational.net

SOURCE ChinaCast Education Corporation



RELATED LINKS

http://www.chinacasteducation.com.