CORRECTION: Legacy Education Alliance Updates on International Expansion Success
This release corrects and replaces the year of "nine months ended" in the first paragraph from the press release that was sent today at 8:00 AM ET.
Recent Attendance at Events Exceeded Expectations; Robust 2015 Schedule for Brick Buy Brick Brand
CAPE CORAL, FL / ACCESSWIRE / February 19, 2015 / Legacy Education Alliance, Inc. (LEAI), a leading provider of educational training seminars, conferences and services, announces that attendance at its recent international events in Hong Kong and Ho Chi Minh City drew attendance beyond original corporate expectations. The Company has targeted international expansion as an area for growth over the next few years. Approximately 25 percent of Legacy's previously reported $75 million revenue for the nine months ended September 30, 2014 was internationally comprised, largely from seminars and other events that were held in Canada and the United Kingdom.
Expansion to new cities is part of Legacy's ongoing growth strategy over the next few years. The recent success in Southeast Asia highlights the Company's opportunities in new geographic regions as local people demonstrated interest in educational programs for both local and international investing as well as real estate. Due to this success, the Company expects to bring its brands and courses to cities in Europe, Asia, Australia, and Africa in 2015.
Currently, the upcoming international March schedule includes Zurich, Kuala Lumpur, Singapore, Vienna, Hong Kong, Amsterdam, Johannesburg, Cape Town, Taiwan, London, Paris and Perth.
Anthony Humpage, CEO of Legacy Education Alliance, said, "The attendance and enthusiasm shown for our brands and courses in the international markets support our strategy and plans to bring our brands to cities worldwide. The entrepreneurial spirit is alive all around the globe and we're happy that our brands have been well-received internationally. Our courses are great educational resources and education is a driving force of success."
About Legacy Education Alliance, Inc.
Legacy Education Alliance, Inc. (http://legacyeducationalliance.com) is a leading provider of educational training seminars, conferences and services. Legacy Education Alliance, Inc. was founded in 1996 to provide quality professional education enrichment in the areas of real estate investing, financial instruments and personal finance with the goal of empowering its students with real-world, practical knowledge. The global company has more than 200 employees worldwide with students in more than 100 countries. 900,000+ people have participated in its Rich Dad Education Workshops and Seminars since 2006. Please check out: https://richdadeducation.com.
Forward-Looking Statements
Forward-Looking Statements. This press release contains "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 (the "Exchange Act") (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words "believe," "anticipate," "estimate," "expect," "intend," "plan," "project," "prospects," "outlook," and similar words or expressions, or future or conditional verbs such as "will," "should," "would," "may," and "could" are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements to be materially different from any anticipated results, performance or achievements. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact the Company's forward-looking statements, please see the Company's Form 8-K, as amended, first filed on November 10, 2014, including but not limited to the discussion under "Risk Factors" therein, which the Company has filed with the SEC and which may be viewed at http://www.sec.gov.
Contact Information
Investors:
Hayden IR
Brett Maas
brett@haydenir.com
646-536-7331
Media:
Dian Griesel Int'l.
Enrique Briz
ebriz@dgicomm.com
212-825-3210
SOURCE: Legacy Education Alliance, Inc.