Cephas Holdings Projects $3,000,000 in Education Revenue
(firmenpresse) - PHOENIX, AZ -- (Marketwired) -- 06/10/13 -- Global Leadership Institute Inc (), a wholly owned business unit of Cephas Holding Corp (PINKSHEETS: CEHC), today outlined its revenue forecast.
Based on the two years of pilot programs, the company expects to receive approximately $3,000,000 in revenue over the next eight quarters in South Africa alone. The company is currently exploring opportunities in several other countries from which it would derive additional revenues. GLI anticipates billing clients in August.
GLI generates revenue by conducting executive education, management training and capacity building programs in emerging markets. Its predecessor whose assets were acquired by Cephas ran successful programs in South Africa in conjunction with Stanford University.
Global Leadership exports courses from American universities to international markets. Faculty travel to the host country where they teach local students comprised of middle and senior managers in government agencies and private industry. GLI expects to be able to replicate its business model in virtually any country.
Global spending on education is estimated to be $4.4 trillion. According to the Department of Commerce, education and training is America's 5th largest services export, bringing over $21 billion in annual revenue to the United States.
Safe Harbor Statement -- In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company's future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales, management inexperience in managing growth, political instability in foreign markets, lack of revenue growth, client discontinuances, efficiency and profitability, and, the operation or performance of the Company's business units. The Company disclaims any responsibility to update any forward-looking statements.
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Cephas Holding
(623) 738-5792
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Datum: 10.06.2013 - 06:15 Uhr
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News-ID 1235186
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