Ambow Announces Partnership with Oracle to Provide the Workforce Development Program

BEIJING, Jan. 31, 2012 /PRNewswire-Asia/ -- Ambow Education Holding Ltd. ("Ambow" or the "Company"NYSE: AMBO), a leading national provider of educational and career enhancement services in China, today announced a partnership with Oracle to provide the Workforce Development Program (WDP), a unique training program developed by Oracle that is ideally suited for Ambow's career enhancement students.

This program will provide accessible and affordable IT training to Ambow's career enhancement students with the purpose of preparing these students for Oracle certification exams. Graduates of Ambow with a WDP certificate will have greater access to entry level positions with Oracle application requirement, a competitive advantage over those without this skill set, and moreover, greater opportunities for career advancement. The WDP not only addresses the long-standing difficulty that businesses have in finding qualified IT staff in China, but also has a positive impact on local communities and their economic development.    

"Through the partnership, Ambow will provide students with Oracle's latest core technology training, allowing the participants to be qualified for large database management jobs," said Ms. Yisi Gu, Ambow's Chief Technology Officer. "This collaboration with Oracle strengthens Ambow's leadership position in IT training within China."

About Ambow Education Holding Ltd.

Ambow Education Holding Ltd. (NYSE: AMBO) is a leading national provider of educational and career enhancement services in China, offering high-quality individualized services and products. Ambow has two business divisions: "Better Schools," which includes tutoring centers and K-12 schools; and "Better Jobs," which includes career enhancement centers and colleges. With its extensive network of regional service hubs complemented by a dynamic proprietary learning platform and distributors, Ambow provides its services and products to students in 30 out of the 31 provinces and autonomous regions within China.

Forward Looking Statements

Some statements in this press release, including statements regarding the WDP program, the ability to provide IT training to Ambow's Career Enhancement students, the advantages and impact of such program on the job market are forward-looking statements within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual events and results could differ materially from these statements as a result of a variety of factors, including any changes in government policies, laws and regulations, competition and economic conditions. Investors also should consider the information contained in Ambow's filings with the U.S. Securities and Exchange Commission from time to time. Other unknown or unpredictable factors also could cause actual events and results to differ materially. In light of these risks, uncertainties and factors, you are cautioned not to place undue reliance on forward-looking statements. Ambow disclaims any obligation to update information contained in forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Ambow Education Holding Ltd.