ETS Appoints ATA as Exclusive Country Distributor and Test Administrator for Its Test of English for International Communication (TOEIC(R)) Business in China
BEIJING, March 11 /PRNewswire-Asia-FirstCall/ -- ATA Inc. (Nasdaq: ATAI)
("ATA", or the "Company"), the largest provider of computer-based testing
services in China, today announced that it has signed an agreement of
cooperation with Educational Testing Services (ETS), the world's largest
educational research and assessment organization, whereby ATA will be the
exclusive agent for ETS's Test of English for International Communication
(TOEIC(R)) business in China. This important strategic alliance between ATA
and ETS will provide millions of Chinese English language learners with access
to high quality testing services by leveraging ATA's proven testing technology
and broad distribution reach, and will help establish an authoritative
assessment standards framework for professional English in China.
At a press event held in Beijing today, both parties announced that going
forward ATA will be the exclusive distributor for ETS's TOEIC test in mainland
China, and will operate and market the TOEIC business in the region. The
current TOEIC operations team will migrate to ATA and will continue to carry
on and support the TOEIC business, while the existing TOEIC product and
services team is expected to be expanded and upgraded. Please note that, the
released test schedules and the existing test operations will not be affected
by this adjustment and will remain unchanged.
"China's role in the global economy is increasingly important, with
Chinese companies making significant progress in global business development.
This success has increased the demand for employees with professional English
proficiency at Chinese enterprises and organizations, which in turn is
expanding the need to access English proficiency," said Dr. Phillip Tabbiner,
Senior Vice president of ETS Global. "ETS recognizes the value of working
together with local Chinese partners to leverage the resources and expertise
of both companies to provide high-quality assessments to the developing
Chinese market. ETS believes that ATA's competitive advantages in the testing
services industry make it the ideal partner for effectively expanding TOEIC
business in China, increasing the test's recognition by Chinese firms and
institutions and enhancing support of TOEIC clients in China."
"We are pleased to work with such a prominent global test sponsor, "said
Mr. Lin Wang, President of ATA. "As our first exclusive test delivery service
agreement for a global test title, this marks a milestone in ATA's development
in leveraging our competitive advantages and strong market position in China.
TOEIC is already a well recognized global English assessment brand in the
world and amongst foreign enterprises in China. Our goal is to enhance our
service to our established customer base while expanding our addressable
market by bringing the TOEIC English assessment standard to a broader range of
Chinese businesses. Our cooperation agreement with ETS will help raise the
measurement of professional English proficiency in China to world-class
levels."
About ATA Inc.
ATA is the leading provider of computer-based testing services in China.
The Company offers comprehensive services for the creation and delivery of
computer-based tests based on its proprietary testing technologies and test
delivery platform. The Company's computer-based testing services are used for
professional licensure and certification tests in various industries,
including information technology, or IT, services, banking, teaching,
securities, insurance and accounting. ATA's test center network comprised
1,918 authorized test centers located throughout China as of December 31,
2008, which the Company believes is the largest test center network of any
commercial testing service provider in China. Combined with its test delivery
technologies, this network allows ATA's clients to administer large-scale
nationwide tests in a consistent, secure and cost-effective manner. ATA has
delivered over 27 million tests including 17.8 million billable tests since it
commenced operations in 1999, and in June 2008 delivered tests to
approximately 470,000 test takers over a single weekend for the China Banking
Association through its test delivery platform. For further information,
please visit: http://www.ata.net.cn .
About Educational Testing Services (ETS)
At nonprofit ETS, we advance quality and equity in education for people
worldwide by creating assessments based on rigorous research. ETS serves
individuals, educational institutions and government agencies by providing
customized solutions for teacher certification, English-language learning, and
elementary, secondary and post-secondary education, as well as conducting
education research, analysis and policy studies. Founded in 1947, ETS
develops, administers and scores more than 50 million tests annually --
including the TOEIC(R) and TOEFL(R) tests, the GRE(R) test and The Praxis
Series(TM) assessments -- in more than 180 countries, at over 9,000 locations
worldwide.
ETS and its related ETS Global subsidiaries have offices around the world
to meet the needs of non-U.S.-based entities in Asia, Canada, Europe, Latin
America, the Middle East and Africa. In serving individuals, businesses,
educational institutions, government agencies and membership organizations
worldwide, ETS offers valid and reliable assessments, research and related
services such as customized solutions, workforce products and services, and
research-based teaching and learning tools. For more information, please go
to https://ets.org/etsglobal .
About Test of English for International Communication (TOEIC)
Test of English for International Communication (TOEIC) was originally
designed in 1979 by Educational Testing Services (ETS) for government agencies
and corporations. It measures the ability of non-native speakers of English to
communicate in English in the workplace. With a long 30-year history of
development, TOEIC has become the global choice for English proficiency
measurement in the global workplace. The test has been used by over 9,000
organizations around the world in more than 90 countries. The number of TOEIC
tests administered exceeded 5 million in 2008. TOEIC has become the top
professional English assessment tool around the world.
Safe-Harbor Statement
This announcement may contain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, and as defined in the
Private Securities Litigation Reform Act of 1995. These forward-looking
statements can be identified by terminology such as "look forward to,"
"outlook," "forecast," "will," "expect," "anticipate," "future," "intend,"
"plan," "believe," "estimate" and similar terminology. These and any other
forward-looking statements involve various risks and uncertainties. Although
the Company believes the expectations expressed in these forward-looking
statements are reasonable and accurate, the Company cannot assure you that
those expectations will turn out to be correct. For additional information on
these and other important factors that could adversely affect the Company's
business, financial condition, results of operations and future prospects,
please refer to a more detailed discussion of the Company's risk factors in
the Company's filings with the Securities and Exchange Commission.
For more information, please contact:
ATA Inc.
Carl Yeung
Phone: +86-10-6518-1122 x5107
Email: ir@ata.net.cn
URL: http://www.ata.net.cn
CCG Investor Relations
Crocker Coulson, President
Phone: +1-646-213-1915
Email: crocker.coulson@ccgir.com
Ed Job, CFA
Phone: +1-646-213-1914
Email: ed.job@ccgir.com
URL: http://www.ccgir.com
SOURCE ATA Inc.
Released March 11, 2009