China Interactive Education, Inc., a pioneer in providing interactive teaching and learning solutions to China ’s educational institutions, professional training schools, and individuals, recently announced that the company has appointed Mr. Hon Wan Chan as chief financial officer, effective September 1, 2010. Mr. Chan replaces Mr. Ting Pong Cheung, the former chief financial officer, who resigned on August 31, 2010, for personal reasons, and not in connection with any disagreement with the company.

With more than 25 years of experience in overseeing accounting and finance matters for emerging market companies, Mr. Chan earned his master’s degree in accounting from the Hong Kong Polytechnic University and his bachelor’s degree in Economics from Macquarie University in Australia. Prior to joining China Interactive Education, Mr. Chan served as chief financial officer of Sino Clean Energy, a NASDAQ-listed company, as a finance/business director for Hong Kong-based Texwood Group, Inc., and as a financial controller of Fairwood Fast Food Ltd., a Hong Kong listed company.

Mr. Ruofei Chen, chief executive officer of China Interactive Education, stated, “Mr. Ting Pong Cheung has been instrumental in transforming the Company into a U.S.-listed company. His expertise in bridging China and U.S. GAAP has been critical to our development and we wish him the best in his future endeavors.”

Mr. Chen continued, “In the wake of Mr. Cheung’s departure, we would like to welcome Mr. Helice Chan to our management team. Mr. Chan previously served, since July 1, 2010, as our SEC financial filing coordinator, and is already integrated with the company’s accounting team. We believe that Mr. Chan’s extensive background in financial accounting and his experience as CFO of a U,S. public company will be vital to our continued financial growth.”

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