NEW YORK, Oct. 23, 2012 /PRNewswire/ -- Education Innovation, Inc, a wholly-owned subsidiary of Sibling Group Holdings, Inc. (OTCQB: SIBE) (the "Company"), a developer of 21st century teaching and learning solutions for the education market, announced its strategy for education ventures to expand its portfolio of e-Learning technologies and education management solutions. It is extending an open invitation to those seeking investment, or sale of, existing educational technology, and management services businesses.
Education Venture Firm
The Company venture division will seek out opportunities in education technology in the areas of computer based education, mobile, or m-Learning and e-Learning projects, bringing connectivity to today's modern classrooms, including specific areas of curriculum development, and testing and assessment. Although the company has a preference towards well established, operational education investments, in certain cases we will make seed capital consideration for unique start-ups in the education industries. Especially interesting are later stage education technology, or education management firms seeking exit strategies for their investors. It will also have some interest in online, or virtual education projects, including college level operations that might benefit from additional capital, or an expanded market strategy.
In regards to education management, the Company is specifically seeking investment opportunities in charter school operators, private school management companies, or in the areas of tutoring and consulting, in both the US and internationally. The goal will be to provide access to capital for these potential education management solution firms, while growing the assets under the Sibling Group education venture umbrella. In general, the cash-flow approach of these education management companies is expected to complement the financial model generally associated with technology oriented efforts, such as the app store, and other software business situations under consideration.
Build Value for the Shareholders
Under this education venture program, the company seeks to both build investment assets under its education portfolio, while continuing to develop its current mobile and e-learning solutions under its Schoolhouse Warehouse project, and its Teaching Alliance strategy. The Board of Directors' goal is to build these assets through structures that would benefit both the Company, and its shareholders, generally building a business portfolio with a balanced cash-flow and balance sheet approach.
Gerald F. Sullivan, the Chairman of Sibling Group Holdings, Inc., commented, "We have brought together a well experienced team in both education, and finance, who have begun evaluating projects within the educational arena for possible equity stake investments, acquisitions, or joint-ventures. We feel this education venture roll-up acquisition strategy, along with the development of our own internal educational applications will result in a wide portfolio of education technologies and management solutions, and thus help in building assets, operational revenue, and more importantly value for our shareholders."
Companies, and institutional investment firms involved in the education technology or management solutions field who wish to discuss potential investment or joint-venture opportunities can contact us directly at firstname.lastname@example.org. All inquiries will be handled confidentially.
About Sibling Group Holdings, Inc.
Sibling Group Holdings, Inc. (OTCQB: SIBE) utilizes advanced technology and education management to enhance and accelerate the delivery of 21st century learning using multiple teaching and learning modalities on a global basis. The mission will be accomplished by accessing funds from the public capital markets and melding them into a unified strategy that will help to accelerate the improvement of K-12 education across the globe. The desired result will be better educated children, a sustainable and cost effective teaching model, primarily for K-12 education, and reduced dependence on governmental funding. For a complete overview please visit the Company web site at: 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.
Melissa J. Diaz
South Street Media, Inc
Phone: (917) 937-8968
SOURCE Sibling Group Holdings, Inc.