TORONTO, August 3,
2022 /CNW/ - Everybody Loves Languages ("ELL"),
a best-in-class language-learning technology platform, today
announced an additional sale in Colombia by securing another contract with
leading language training and test-prep education provider, Sophia
Educational Group. The ELL language-learning system will be offered
to students from preschool to grade 11. ELL is a subsidiary of
Lingo Media Corporation (TSX-V: LM) (OTC: LMDCF) (FSE:
LIMA).
Sophia Educational Group is a leading education company in
Colombia, serving more than 3,000
students with digital courses, government prep-test training, and
online evaluations. The Bogota-based company expects to expand its
market share and generate significant new revenue by offering ELL's
solutions as a white-labeled product. Sophia has implemented
multiple ELL courses, including Campus and Campus Premium, to
prepare high school students for their standard high school English
exit exams.
According to a survey released by the British Council, an
organization specializing in international cultural and educational
opportunities, more than two-thirds (68 percent) of responding
employers said English was an essential skill sought in new hires,
and 81 percent rated English as a seven or above on a one-to-ten
scale in terms of importance. Sixty-nine percent of managers called
English a "must-have" skill in their current position, once again
reinforcing the reality that employment opportunities in
Colombia are markedly improved for
those who speak English.
"We have found in ELL a strategic partner to help us
expand our business and further help our clients reach their
language goals," said Cesar Melo,
CEO of Sophia Educational Group. "ELL's courses are a perfect fit
for our business model and will help our students achieve even
better results on their Pre-ICFES Saber 11 exams."
Gali Bar-Ziv, President & CEO
of ELL and its parent company Lingo Media said, "We continue to
expand our reach in Latin America
through relationships with new customers like Sophia Educational
Group. Along with the additional ELL course offerings, their
students can take advantage of on-the-go learning opportunities
with our Ola App and enjoy plenty of
speaking practice ahead of their government proficiency exams."
Campus and Campus Premium are comprehensive general English
language courses that offer more than 600 hours of engaging content
for students in CEFR levels Pre-A1 to B2. Students taking these
courses also have access to additional hours of speaking practice
with the mobile app Ola, which provides them with real-time,
AI-based feedback to help improve their language skills while on
the go.For more information about ELL, 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. By integrating education and
technology, the company empowers language educators to easily
transition from traditional teaching methods to digital
learning.
Lingo Media provides both online and print-based solutions
through two distinct business units: Everybody Loves Languages
("ELL") and Lingo Learning. ELL provides innovative SaaS-based
eLearning solutions, including learning management system, content
and assessment for language-learning, while Lingo Learning is a
print-based language-learning material in
China.
Lingo Media has established successful relationships with key
government and industry organizations internationally, with a
presence in LATAM, China, and the
U.S., and continues to both 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/lingomedial
LinkedIn:
https://www.linkedin.com/company/lingo-media-corporation
RSS:
http://feeds.feedburner.com/LingoMedia
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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.
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SOURCE Lingo Media Corporation
