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GeneChing
02-10-2010, 10:27 AM
Game Box education.

Feb. 9, 2010, 7:20 p.m. EST
Atlanta Firm and the Original Shaolin Temple to Introduce Edutainment to Students Worldwide (http://www.marketwatch.com/story/atlanta-firm-and-the-original-shaolin-temple-to-introduce-edutainment-to-students-worldwide-2010-02-09?reflink=MW_news_stmp)

ATLANTA, Feb 09, 2010 (BUSINESS WIRE) -- Entertainment Arts Research, Inc., (EARI), of Atlanta, Georgia USA entered into an epic license agreement with the world famous Shaolin Temple, Henan Province, Peoples Republic of China to represent their virtual media brand. The event took place at an official Signing Ceremony held at the 1500 year old Shaolin Temple in China on Monday, February 8, 2010.

Participating in the signing were Mr. Joseph Saulter, CEO and Founder of EARI, Mr. Fu Min, Managing General Manager of the China Songshan Shaolin Temple Culture Communication Center along with Dr. Fred DiUlus, CEO and Founder of Global Academy Online, the Acting Director of the joint venture in China and the USA, and Mr. Jonathan Eubanks, President of EARI and producer of the new Shaolin brand of education entertainment media to be known as Edutainment.

Others in attendance at the ceremony included the Abott of the ancient Shaolin Temple society Shi Yong Xin, Shaolin Temple General Manager Zhou Bin, Deputy General Manager James Tian, along with visiting dignitaries from the Zhengzhou College of Economics (ZZCOE) and China Bridge Education Consulting Group including owner, Mr. Qiao Xin Zian, and China Team Assistant Acting Director of the joint venture Zhang Huali.

Dr. Fred DiUlus, acting director of the China Team brought the historic and original Shaolin Temple and EARI together, first in China and then the USA in July and December 2009 with the assistance of Mr. Morley Chertkoff of ZZCOE. Working with Alex Angioli, International institutional financier representing Wolverine Asset Management LLC of Grand Rapids, Michigan, $22 million dollars is being provided to develop and distribute the first phase of the Shaolin brand of "Edutainment" produced by EARI for the Shaolin Temple,

The EARI and Shaolin ground breaking project is expected to generate 1,000 Million RMB (approximately $147 million dollars) annually. In addition, DiUlus points out that the income from the projects permits EARI and the Shaolin the opportunity to develop and sustain an expanding Shaolin Schools program throughout North America to encourage and provide educational resources to sustain continuous learning generated by the Shaolin brand

Joseph Saulter, EARI CEO and Founder states that "Edutainment virtual projects offered through online virtual worlds, WEB 2.0, and game-box systems demonstrates EARI's commitment to cutting edge deployment of where online virtual, web 2.0 and game-box education are going." According to Dr. DiUlus, the Team's education expert, "It is the technological future of all virtual, WEB 2.0, handheld, and game-box designed education."

The working relationship between the Shaolin and EARI notes EARI President Jonathan Eubanks is for a period of at least 12 years in which EARI will produce no fewer than four new Shaolin brand Edutainment projects. "We will," states Eubanks, "produce for the Shaolin at least four new products for global distribution over the term of our agreement. Our first effort is targeted for release at Christmas 2010." The responsibility for carrying out the project falls to EARI President Eubanks who is an internationally acclaimed games producer developing over his career 65 titles.

Entertainment Arts begins production development March 1, 2010. The firm will produce all Shaolin Temple Edutainment projects including those resulting from related media such as Shaolin Temple produced movies, made for TV production, and documentaries.

The Shaolin and EARI are engaged in an international education milestone according to Mr. Qiao, the owner of the China based Bridge Education Consulting Group; He said "The Shaolin through EARI will bring to the world a better understanding of Chinese culture and values and a vast reservoir of knowledge acquired over 15 centuries."

Dr. DiUlus, China Team spokesman, sums it up best when at the conclusion of the signing said, "The events of today in the heart of the ancient Shaolin Temple in Henan Province, the Peoples Republic of China are truly historic and open the door for the world to see, understand, and appreciate the great values and mystique that has been contributed by the Shaolin to the world."

SOURCE: Entertainment Arts Research, Inc.

GeneChing
02-21-2011, 10:51 AM
More on Global Academy Online here (http://ezine.kungfumagazine.com/forum/showthread.php?p=990776#post990776).


02-21-2011 09:47 AM CET
Global Academy Online Names China Team Special Consultant (http://www.openpr.com/news/163188/Global-Academy-Online-Names-China-Team-Special-Consultant.html)
Science & Education
Press release from: Global Academy Online, Inc.
PR Agency: University Promotion Marketing

(openPR) - Global Academy Online, Inc. (the Academy) a Washington DC based online university builder, curriculum developer, and institutional faculty provider announced today the appointment of Dr. David F. Hostelley, CPA, as a special consultant and Director of National Education Development.

Dr. Hostelley, a lifelong educator and CPA has over forty years of combined teaching and administrative experience in Management, Accounting, Finance and Training fields. He is an active college professor and has taught at four Ohio universities over the years. An expert in project management he has contributed articles to both the Journal of Systems Management and the Cleveland Business Review. Dr. Hostelley holds a BBA in Accounting and a Ph.D. with a concentration in Management.

In his new position, Hostelley will serve as a consultant and project manager for the Academy on behalf of Zhengzhou College of Economics and the Ancient Shaolin Temple of the Peoples Republic of China. These duties include budget and funding compliance of the joint Shaolin and Zhengzhou College global education project with vendors such as Entertainment Arts Research Incorporated (EARI) of Atlanta, GA.

EARI was selected by the Shaolin, Zhengzhou College, and Global Academy Online as a prime contractor to deliver up to four 3D animation education programmed Internet and game boxed products. The agreement was inked at the Ancient Shaolin Temple in Henan Province, the Peoples Republic of China by the China Team LLC, an Academy division, representing the Academy and Zhengzhou College, EARI and the Shaolin Temple on February 8, 2010. The life of the contract provides for the development of at least four major products for the Shaolin over the next 12 years along with exclusive distribution rights. To guarantee EARI will perform on the agreement, Zhengzhou College has provided the Shaolin an advance of one million Yuan over the past 12 months.

The entire Shaolin project is being funded by Zhengzhou College of Economics including the guarantee required by the Shaolin from EARI for performance. The estimated investment by Zhengzhou College for EARI product development includes up to $22 million dollars parceled out over a three year period. Dr. Hostelley and the China Team will monitor the disbursements and assure compliance with required timetables for project completion on behalf of Zhengzhou College and arrange access to the Shaolin archives and Temple for EARI.

Dr. Fred DiUlus, CEO and Founder of the Academy states” Dr. Hostelley was instrumental in introducing EARI to the Academy and in turn permitting the Academy to introduce EARI to Zhengzhou College and ultimately the Shaolin Temple. I am confident this project will be numbered among the true successes of Sino-American cooperation for years to come.”

The Academy is a premier provider of private label online education curriculum and instruction to colleges and universities on five continents.

Global Academy Online, Inc., (the Academy), is an international online education university builder. The Academy is a premier provider of private label online education curriculum and instruction to colleges, universities, eLearning, and distance online education institutions on five continents. The Academy is the oldest continuous ratings publisher of the best and worst online schools for undergraduate and graduate students worldwide.

Global Academy Online, Inc.
1776 I Street, N. W.
Washington DC 20006
LaFonda Oliver-Bowen
Sr. Vice President
loliver@globalacademyonline, Inc.
432-847-4040

Global Academy Online's official website (http://www.globalacademyonline.com/)

GeneChing
04-25-2012, 10:23 AM
I peeled the two posts above off our ESoSTt thread (http://ezine.kungfumagazine.com/forum/showthread.php?t=42957).


Global Academy Online Creates $50M Hybrid Startup (http://www.expertclick.com/NRWire/Global_Academy_Online_Creates_50M_Hybrid_Startup,2 01240200.aspx)
Washington, DC
Tuesday, April 24, 2012

Doing it the Hard Way

Global Academy Online, Inc., a Washington DC based privately held university builder announced today the formation of an international consortium to develop hybrid universities in Vietnam, the Peoples Republic of China, Costa Rica, Canada, and the USA. Each project according to CEO, Dr. Fred DiUlus is valued at approximately $10 million and expected to service approximately 100,000 students within three years.

The mammoth project has been in development since June of 2009 when a single Chinese university project in Zhengzhou City, Henan Province, sought out the Academy to assist in developing education programs in North America and raising $10 million in school expansion funding. Over the next six months, the funding requirement mushroomed to a $97 million funding package when the Academy invited the ancient Shaolin Temple global education project into the mix and also added a separate university sponsored international Mandarin language online school, the first in China.

The super project financing was undertaken by a group of financiers from Michigan, British Columbia, Ohio and New Jersey. After a year of effort to acquire hard assets sufficient to secure a guaranteed standby letter of credit for the Chinese school, the principal Chinese university requested the Academy find alternative funding sources. Dr. DiUlus says it was particularly painful and disappointing in view of the fact that the Shaolin Temple, a 1500 year old cultural phenomena and third largest tourist attraction in China entered into the education cooperative agreement for the first time in modern history only to be disappointed by western funding sources.

To stave off what appeared to be a blockbuster failure, the Academy developed an alternate strategy. In May 2011, financial specialists set about putting a team of investment, accounting and legal experts together. Headed up by long time project management professional, Dr. David Hostelley, a CPA who is a 50 year veteran of forming SEC approved IPO's, reverse public mergers, and private placements, he has moved the Academy close to the goal of total project funding.

The Academy's own first investment in the consortium is expected to be a 10% private placement of the $50million sought followed by the additional funding through the public sector over the following 45 days.

Dr. Fred DiUlus is the author of the annual BEST/WORST Online Degree Program Providers rating and ranking of online universities and a pioneer in online higher education. He is also the Director of the non-profit foundation, the Center for Ethics in Free Enterprise, the original developer of Global Academy Online Inc. and a half dozen other education and training organizations.