China Education Alliance, Inc. (CEUA)

[QualityStocks]

China Education Alliance, Inc. (CEUA.OB) is an educational service company focused on making available high-quality online education materials, on-site training, and tutoring. The company also distributes online test preparation materials, researchers’ materials, study guides, vocational skills and training for certain certifications. All of China Education’s services and products are available to families, provincial education officials, administrators, schools and teachers throughout China.

China Education Alliance’s database exceeds 300,000 exams, courseware and test papers. The database also includes materials relevant from elementary school through college and is called “Famed Instructors Test Paper Store.” The company’s private on-site exam-oriented after-school training and tutoring services are called “The Big Classroom of the Famous Instructors.”

China Education Alliance reported revenues in the first quarter of 2008 increased 31.9% since the first quarter in 2007 to $4.1 million. The company says the increase was due to both their on-site training centers and their online education services. The online education contributed $3.1 million in the first quarter and the training center contributed $983,632.