Monday, April 27, 2015

Sibling Group Holdings, Inc. (SIBE) Prepares for Future Growth through Partnership in China

“We see the education landscape shifting from a knowledge-based system to a skills-based system,” stated Brian Oliver-Smith, Chief Executive Officer of Sibling Group Holdings, Inc. (OTCQB: SIBE). “In this skills-based system, students need tools and solutions that help them develop skills to succeed both academically and professionally.”

It’s this way of thinking that inspired Sibling Group, through its Urban Planet Mobile™ (UPM) subsidiary, to create a means to power EssayCheck™, which is a tool for students to submit essays and receive immediate and accurate feedback of their work. In the first two weeks following its launch, the service was used by over 60,000 students, securing its position on the largest citation services website in the United Kingdom and Australia. The primary source of value for this tool, however, may be in other strategic international markets, particularly in the People’s Republic of China.

The growing Chinese market is developing into a key point of interest for Sibling Group, as well as the entire eLearning industry. With strategic partner Shenzhen Times recently providing an influx of capital into the expanding education company, it’s clear that the growth potential for Sibling Group is a promising prospect. Earlier this month, the company announced that it had received $5,500,000 in investments, as its Chinese partner exercised previously issued common stock warrants.

“This additional infusion of capital indicates that our Strategic Partner and Investor, Shenzhen Times, in confident in the future of Sibling Group,” continued Oliver-Smith.

Sibling Group’s ties to China could prove to be extremely valuable going forward. According to eLearning Industry, the Asian country is already the fourth largest buyer of mobile learning products and services, and, by 2017, it is expected to be the world leader. This comes as a direct result of the eLearning growth rate, which is currently estimated to be at 52 percent annually throughout China.

In order to capitalize on new resources, the need for improved learning mechanics is imperative. As the international market becomes more receptive to eLearning and Blended Learning techniques and practices, look for Sibling Group to continue establishing itself as a leader in the global education field. With a growing foothold in one of the fastest growing regions on the planet, the future appears to be bright for the company in the years to come.

To learn more about Sibling Group Holdings, visit www.siblinggroup.com

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