Ambow Education Expands Partnership with Amazon in Artificial Intelligence Training for Teachers – PRNewswire

BEIJING, April 19, 2021 /PRNewswire/ -- Ambow Education Holding Ltd. ("Ambow" or "the Company") (NYSE American: AMBO), China's leading provider of educational and career enhancement services, today announced an expanded strategic partnership with Amazon with the launch of Artificial Intelligence ("AI") training for teachers.

The deepened partnership is part of the Company's ongoing efforts to collaborate with prestigious enterprises to carry out AI education and training for teachers. Since 2018, Ambow has collaborated with Amazon Web Services ("AWS") for in-depth training courses. Combining their respective strengths and advantages in educational expertise and industry practices, Ambow and AWS recently launched live streaming courses on AI education and training for teachers to help teachers improve their educational skills. In the AI landscape, the collaborated courses will further facilitate related talent cultivation, curricula design and a shared platform for innovative educational resources. The cooperation will also help the Company to enrich its emerging engineering courses to address growing job placement needs.

Dr. Jin Huang, President and Chief Executive Officer of Ambow, commented, "Further cooperation with Amazon is a great testament to our strong capabilities in providing high-quality professional education and training. Leveraging our industry-leading AI Panorama Digital Teaching System, we will regularly launch AI training courses and host various events for new skills, shared experience and project research. In collaboration with influential enterprises, we are committed to delivering effective education services that will closely integrate talent training and industry development in the AI space."

About Ambow Education Holding Ltd.

Ambow Education Holding Ltd. is a leading national provider of educational and career enhancement services in China, offering high-quality, individualized services and products. 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 15 out of the 34 provinces and autonomous regions within China.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the outlook and quotations from management in this announcement, as well as Ambow's strategic and operational plans, contain forward-looking statements. Ambow may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statements, including but not limited to the following: the Company's goals and strategies, expansion plans, the expected growth of the content and application delivery services market, the Company's expectations regarding keeping and strengthening its relationships with its customers, and the general economic and business conditions in the regions where the Company provides its solutions and services. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Ambow undertakes no duty to update such information, except as required under applicable law.

For investor and media inquiries please contact:

Ambow Education Holding Ltd.Tel: +86 10-6206-8000

The Piacente Group | Investor RelationsTel: +1 212-481-2050 or +86 10-6508-0677Email:[emailprotected]

SOURCE Ambow Education Holding Ltd.

http://www.ambow.com

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Ambow Education Expands Partnership with Amazon in Artificial Intelligence Training for Teachers - PRNewswire