Lingo Media Secures Sales Contract With Unidades Tecnológicas De Santander in Colombia

TORONTO, June 01, 2018 – Lingo Media Corporation (TSX-V:LM) (OTC:LMDCF) (FSE:LIMA) (“Lingo Media” or the “Company”) a global provider of digital English  language  learning solutions is pleased to announce that its wholly-owned subsidiary, ELL Technologies Ltd. (“ELL”), has secured a sales contract with the Unidades Tecnológicas de Santander (“UTS”) in Colombia. Under the contract, which was secured through ELL’s distributor, E-Training SAS, UTS is purchasing ELL’s Campus online English language learning program.

UTS is a higher education institution in the metropolitan area of Bucaramanga in Colombia with 6 campuses and more than 20,000 students. ELL’s Campus is an online program designed for young adults from junior middle school through to undergraduates (ages 13 to 22 years) and extends to adult learners as well.

“Our deal with UTS is another sales contract that we’ve secured in Colombia in recent weeks through our distribution partnership with E-Training SAS,” said Gali Bar-Ziv, COO of Lingo Media. “We continue to focus on building our business and market presence in Colombia, in addition to Peru and Mexico as more and more higher education institutions and government agencies are interested in using our English language learning tools and programs.”

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.

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For further information, contact: 

Lingo Media 

Kim Nguyen, Director of Corporate Communications
Tel: (416) 927-7000 ext. 40
Toll Free: 1-866-927-7011
Email: knguyen@lingomedia.com
To learn more, visit us at www.lingomedia.com

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 RELEASEPortions 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.