Toronto, Canada– July 14, 2015 – Lingo Media Corporation (TSX-V: LM; OTCQB: LMDCF) (“Lingo Media” or the “Company”), an EdTech company that is ‘Changing the way the world learns English’ through innovative online and print-based technologies and solutions, today announced the launch of a new corporate website with enhanced features which can be found by visiting www.lingomedia.com.
Michael Kraft, President & CEO of Lingo Media, commented, “Lingo Media is a leader in developing and marketing English language learning products to support learners of English through various life stages, from the classroom to the boardroom globally, through our traditional and digital platforms. There are 1.6 billion people learning English today, supporting a $56 billion total addressable market. We are especially excited about our opportunities in the rapidly growing $2.5 billion digital market place. Today we continue to focus our efforts on the outstanding opportunities for expansion in Latin America. We look forward to providing our shareholders with further updates and enhanced communications as we prepare to announce our second quarter financial results in August.”
The website captures the look and spirit of the Lingo Media brand, highlighting its mission to ‘Change the way the world learns English’ with extensive details regarding its English language learning training and assessment product suite, ELL Technologies, and publishing division, Lingo Learning. The new layout is designed to provide a comprehensive and user-friendly experience and to address the needs of shareholders. The Company has also added new features including a corporate blog where clients, employees and shareholders will be regularly provided with information and discussions in regards to the progress of the Company and the industry.
About Lingo Media (TSX-V: LM; OTCQB: LMDCF)
Lingo Media (www.lingomedia.com) is an EdTech company that is ‘Changing the way the world learns English’ through the combination of education with technology. The Company is focused on online and print-based technologies and solutions through its two distinct business units: ELL Technologies and Lingo Learning. ELL Technologies is a global English language learning online training and assessment company creating new learning platforms (www.elltechnologies.com). Lingo Learning is a print-based publisher of English language learning programs in China. Lingo Media has formed successful relationships with key government and industry organizations, establishing a strong presence in China’s education market of more than 300 million students. The Company is extending its global reach, with an initial market expansion into Latin America and continues to expand its product offerings and technology applications.
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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