“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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