Lingo Media Closes Initial Sales Contracts With Gale, A Part Of Cengage Learning

EXPANDING ELL TECHNOLOGIES’ FOOTPRINT IN ASIA 

Toronto, Canada, April 24, 2018 – Lingo Media Corporation (TSX-V: LM; OTC: LMDCF; FSE: LIMA) (“Lingo Media” or the “Company”) a global provider of digital and print-based English Language Learning solutions, is pleased to announce that its wholly-owned subsidiary, ELL Technologies Ltd. (“ELL”) has secured sales contracts with two leading universities in Thailand for its Gale Lingo program, through its distribution partnership with Gale, a part of Cengage Learning.

These are the first sales contracts resulting from Lingo’s partnership with Gale, which provides Gale the rights to market, distribute and sell ELL Technologies’ Scholar program to the higher education library market under the Gale Lingo brand.

“These sales contracts extend our footprint into Thailand as we expand our distribution partnership with Gale,” said Gali Bar-Ziv, COO of Lingo Media. “We look forward to working with these educational institutions as we implement Gale Lingo into their college and university library systems.”

ELL Technologies will provide its Gale-Lingo program to Chulalongkorn University and Thammasat University, both of which are located in Bangkok, Thailand. With 19 faculties, colleges and research institutes and a current population of 38,000 students, Chulalongkorn University is ranked as a top university in Thailand. Thammasat University is ranked 5th with more than 25 faculties, colleges and research institutes, and approximately 36,000 students.

About Lingo Media

Lingo Media is a global provider of best-in-class digital and print-based English language learning solutions that are ‘Changing the way the world learns English’.

Developed for learners of English at every level, Lingo Media’s ELL Technologies products combine a vast content library with proprietary technology. ELL Technologies’ intuitive dashboards enable students to track and manage their progress, and allow teachers to organize and interact with students, providing ongoing support. Lingo Media’s Lingo Learning division is a print-based publisher of English language learning programs in China.

Lingo Media’s product and program are marketed through established sales channels to key education, government and business organizations in Latin America and China and 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

For further information, contact:                                                           

Lingo Media

Michael Kraft, President & CEO
Tel: (+1) 416-927-7000 Ext. 23
Toll Free: 1-866-927-7011
Email: mkraft@lingomedia.com
To learn more, visit us at www.lingomedia.com

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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