
iSB Global Companies and International Speakers Bureau, Inc. Acquired by Education Acquisitions Corporation
NEW YORK and DALLAS, Feb. 17 /PRNewswire/ -- Education Acquisitions Corporation (OTC:EAQC), a publicly held Nevada corporation based in New York, and iSB Global, Inc. and its family of companies, including flagship brand International Speakers Bureau ("iSB") have reached a share exchange agreement wherein, subject to the terms of the agreement, iSB will become a wholly-owned subsidiary of EAQC.
The acquisition represents the mutual intent of the companies to expand upon the success of iSB as a leading provider of global brands in education, leadership, and personal development. "Our vision is to accelerate growth domestically and internationally, leveraging worldwide talent relationships as well as our unique core competencies in developing and commercializing high-demand content for corporations, post secondary education, and other selected markets," says Michelle Lemmons-Poscente, Chairman.
Founded in 1993, iSB is a perennial leader in the speaking industry and has diversified its platform to include branded and proprietary offerings in corporate education and personal development. Today iSB creates, owns, and represents leading brands in education and entertainment. Its platform provides customers, talent, and channel partners a one of a kind resource for realizing the value of transformative people and ideas.
The integrated iSB platform includes the operations of International Speakers Bureau, a full service speakers agency, iSB Worldwide providing Global 2000 companies branded, best-of-class soft-skills offerings for leaders at all levels, and iSB New Media providing ideation and properties development as well as literary, television, and media representation.
"Our focus within EAQC and iSB is to become the leading aggregator of branded content in chosen areas such as corporate and post secondary education which represent billion dollar markets in each and every economic center of the world," says Greg Ray, President and Chief Executive Officer. "Human capital has now replaced financial capital as the competitive differentiator for countries, industries and organizations alike. As we continue to move from an agent to owner in our lines of business, and achieve scale through investment and acquisitions in online learning, digital distribution and proprietary networks, our business model becomes highly explosive with expanding margins tracking revenue growth," he adds.
Headquartered in Dallas, Texas with international operations based in the UK, iSB sales, client management, consulting, and product delivery are both direct and through a current network of 20 licensed and certified distribution partners including 200 certified instructors worldwide supporting the ongoing market development and delivery of its corporate education offerings. Clients include domestic US, global, and multi-national corporations, governments, associations, production and meeting planning companies, and educational institutions.
For more information on iSB, go to www.internationalspeakers.com.
Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward looking statements which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project" or similar expressions. These forward-looking statements or projections are based on reasonable assumptions at the time they are made, including our current expectations, plans and assumptions that have been made in light of our experience in the industry, as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances. Forward-looking statements or projections are not guarantees of future performance or results. The Company's actual results, performances and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.
SOURCE iSB Global, Inc.
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