ATLANTA, Feb. 25, 2013 (GLOBE NEWSWIRE) -- Sibling Group Holdings, Inc. (OTCQB:SIBE) (the "Company"), whose business strategy is focused on the development and acquisition of 21st century education management services, and technology for the education market, announced that it is reaching out today to update its investors and associates on its overall strategy and the status of its acquisitions.
Mr. Neal Sessions, the Chairman and CEO of Sibling, reviewed the status, saying, "First, the Company has recently published an updated Corporate Overview, that discusses our plans, and how we have adjusted to the rapidly changing landscape in the education arena. The market is quite dynamic, and is evolving much as we anticipated. We encourage all to download this document from our web site at www.newco4education.com, and to review it along with our SEC filings."
The direct link for the Corporate Overview is: http://newco4education.com/yahoo_site_admin/assets/docs/SIBLING_GROUP_HOLDINGS_JAN_27_13_rev_f.26133809.pdf .
Mr. Sessions continued, "With regard to our acquisition plans, the key elements include an expansion of our original plans for investment in primarily K-12 education, to now include both Pre-K education, and higher education, with the potential addition of a 4 year college to our portfolio plans. We see an advantage in coupling traditional 'brick and mortar' schools, with our potential online education offerings. This is especially clear should we be able to develop a 'teach the teacher' program at the higher education level, aimed specifically at the 21st century teaching technologies of today, and tomorrow, with graduates able to immediately assist in the schools with these newer approaches. As for the Pre-K grade range, it is clear that quality education begins at an early age, and we are seeing interest in the application of education technologies, even with the youngest of students."
The Company said it is in late stage discussions with a number of potential acquisition opportunities, both in the technology and education management services, and school operations, areas, but declined to provide further specifics. Mr. Sessions commented, "Suffice to say, we believe the time is right, and the market ripe for a strategy that creates higher performance, and lower cost, education solutions."
About Sibling Group Holdings, Inc.
Sibling Group Holdings, Inc. (OTCQB:SIBE) intends to acquire advanced technology and education management operations, 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.
CONTACT: Mr. Neal Sessions, Chairman and CEO, Sibling Group Holdings, Inc. Phone: 404-551-5247 EMAIL: email@example.comSource:Sibling Group Holdings, Inc.