TORONTO, July 13,
2022 /CNW/ - Lingo Media
Corporation (TSXV: LM) (OTC: LMDCF) (FSE: LIMA) ("Lingo Media"), an EdTech
language-learning and content development company, further expanded
its reach in Colombia by securing
a new deal with Colsubsidio Schools to provide a complete suite of
digital education products available through its subsidiary,
Everybody Loves Languages Inc. ("ELL"). Colsubsidio is
implementing ELL's proprietary learning management system and its
Campus Premium English course and testing suite.
Founded in 1957, Colsubsidio is a multi-billion-dollar
Bogotá-based compensation fund that provides education to thousands
of high school students through its Colegio Colsubsidio program.
The school had been looking for an easy-to-use blended learning
solution that would lead to improved results on standard English
tests for both students and teachers.
School leaders adopted the platform because they were attracted
to ELL's all-in-one language ecosystem and extensive digital
content library.
"Our students are thrilled with the engaging course content, and
they really love practicing their speaking skills with the ELL
mobile app," said Soliman Mahmoud,
Colsubsidio Language Department Director. "I am especially
impressed by the local service and support the company provided our
staff and parents throughout the enrollment process."
"We expanded our customer service team earlier this year to
provide even more local support to our valued customers in
Latin America, and the feedback
could not be better," said Gali
Bar-Ziv, CEO of Lingo Media. "We look forward to working
with partners like Colsubsidio to improve English-language
education in LATAM."
According to the U.S.-based international affairs think tank,
The Dialogue, Colombia has been
rapidly expanding its English language-learning programs like
Everybody Loves Languages and other national immersive programs
in-country. Market growth and these new policies have attracted
many investors, creating an increase in foreign companies
establishing businesses in the country. Evidence suggests that
English may provide a path to increased economic mobility, which
follows international trends.
For more information about Lingo Media, visit
www.lingomedia.com.
About Lingo Media (TSX-V:
LM; OTC: LMDCF; FSE: LIMA)
Lingo Media is an EdTech language-learning and content
development company headquartered in Toronto, Canada. The company empowers language
educators to easily transition from traditional teaching methods to
digital learning by integrating education and technology.
Lingo Media provides online and print-based solutions through
two distinct business units: Everybody Loves Languages ("ELL")
and Lingo Learning. ELL provides innovative SaaS-based e-Learning
solutions, including learning management, content and assessment
for language-learning systems. At the same time, Lingo Learning is
a print-based publisher of English
language-learning material in China.
Lingo Media has established successful relationships with key
government and industry organizations internationally. Its presence
in LATAM, China, the U.S. and
other countries continues to extend its global reach and expand its
product offerings.
Follow Lingo Media on:
Facebook: https://www.facebook.com/LingoMedia
Twitter: @LingoMediaCorp
YouTube: https://www.youtube.com/lingomedialm
LinkedIn:
https://www.linkedin.com/company/lingo-media-corporation
RSS:
http://feeds.feedburner.com/LingoMedia
Portions of this press release may include "forward-looking
statements" within the meaning of securities laws. These
statements are made in reliance upon Sections 21E and 27A of the
Securities Exchange Act of 1934, which involve known and unknown
risks, uncertainties or other factors that could cause actual
results to differ materially from the results, performance, or
expectations implied by these forward-looking statements. These
statements are based on management's current expectations and
involve certain risks and uncertainties. Actual results may
vary materially from management's expectations and projections and
thus readers should not place undue reliance on forward-looking
statements. Lingo Media has tried to identify these
forward-looking statements by using words such as "may," "should,"
"expect," "hope," "anticipate," "believe," "intend," "plan,"
"estimate" and similar expressions. Lingo Media's expectations,
among other things, are dependent upon general economic conditions,
the continued and growth in demand for its products, retention of
its key management and operating personnel, its need for and
availability of additional capital as well as other uncontrollable
or unknown factors. No assurance can be given that the
actual results will be consistent with the forward-looking
statements. Except as otherwise required by US Federal securities
laws, Lingo Media undertakes no obligation to publicly update or
revise any forward-looking statements, whether as a result of new
information, future events, changed circumstances or any other
reason. Certain factors that can affect
the Company's ability to achieve projected results are described in
the Company's filings with the Canadian and United States securities regulators available
on www.sedar.com or www.sec.gov/edgar.shtml.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
SOURCE Lingo Media Corporation
