CUPERTINO, Calif., July 24,
2023 /PRNewswire/ -- Ambow Education Holding Ltd.
(NYSE American: AMBO) ("Ambow" or the "Company"), an AI
technology-driven educational company with primary operations in
the United States, today announced
that is has officially launched its HybriU platform and HybriU
AI digital education solution, the education market's first
fully integrated, interactive, seamless online and offline
instruction platform designed specifically for the education
industry.
Valued at $198.2 billion in 2022,
the global online education market is projected to reach more than
$600 billion by 2030, according to
Vantage Market Research. Despite the rapidly expanding market
opportunity, the global online education market remains largely
underserved.
Ambow's HybriU AI digital education solution marks the education
industry's first-to-market hybrid online and offline learning
platform engineered to meet the specific needs of colleges and
universities around the world. To tackle the challenges of the new
education paradigm in which online and offline learning intersect,
HybriU's AI digital education solution utilizes patented,
cutting-edge AI technology to empower institutions to convert
traditional teaching and training facilities into hybrid classrooms
and laboratories in a scalable and affordable manner.
"As the modern day classroom evolves, our HybriU AI digital
education solution places us at the forefront of the global
education market's transition to digital and hybrid learning," said
Dr. Jin Huang, Ambow's President,
Chief Executive Officer and acting Chief Financial
Officer. "By leveraging our expertise in education and
technology, we have created a distinct AI-driven platform that
seamlessly connects online and offline learning models to capture
the best aspects and functionality of both worlds. We see
incredible potential with HybriU and its ability to effectively
address the pain points expressed by students, educators and higher
learning administrators, paving the way for the future of
education."
HybriU features instant AI translation, simultaneous content
creation and SaaS-based, right-fit IT solutions with advanced,
patented AI technology that eliminates traditional barriers to
education that are rooted in language, regions, academia and
industry.
Ambow is currently deploying its HybriU AI digital education
solution in large U.S. markets, where it continues to expand its
sales network and establish strategi c partnerships with
educational institutions and corporations. HybriU is particularly
well-suited for use in leading colleges, universities and
corporations, including top-tier universities that wish to make
their courses available to audit students, as well as smaller
colleges that seek to increase their enrollment through
out-of-state and international students.
Beyond education, Ambow intends to deploy HybriU in
industry-leading corporations, where HybriU can help connect the
global workforce with regional or international offices, outside
instructors, or academic institutions.
HybriU and the HybriU AI digital education solution is now
available for use in a box-top set for instantaneous plug and play
utilization, as well a subscription-based model. To sign up for a
free demo, learn more about HybriU's robust functionality,
technology, pricing and partnership opportunities, visit
http://www.hybriU.com or Ambow's corporate website at
https://www.ambow.com/.
About Ambow
Ambow Education Holding Ltd. is a technology-driven educational
company with primary operations in the
United States. Through the operation of its for-profit
colleges and dynamic patented open platform technology, Ambow
offers high-quality, individualized, and dynamic career education
services and products.
Follow us on Twitter: @Ambow_Education
Safe Harbor Statement
This press release contains statements of a forward-looking
nature. These statements are made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. You can identify these forward-looking statements by
terminology such as "will," "expects," "believes," "anticipates,"
"intends," "estimates" and similar statements. These forward-
looking statements involve known and unknown risks and
uncertainties and are based on current expectations, assumptions,
estimates and projections about Ambow and the industry. All
information provided in this press release is as of the date
hereof, and Ambow undertakes no obligation to update any
forward-looking statements to reflect subsequent occurring events
or circumstances, or changes in its expectations, except as may be
required by law. Although Ambow believes that the expectations
expressed in these forward-looking statements are reasonable, it
cannot assure you that its expectations will turn out to be
correct, and investors are cautioned that actual results may differ
materially from the anticipated results.
For more information, please contact:
Ambow Education Holding Ltd.
Email: ir@ambow.com
The Piacente Group | Investor Relations
Tel: +1-212-481-2050
E-mail: ambow@tpg-ir.com
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SOURCE Ambow Education Holding Ltd.