Toronto, Canada, May 17, 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 completed development and is ready to launch a comprehensive online Spanish course to complement its English, Portuguese, French and Mandarin courses in addition to its library of lessons already offered by the Company.
The Spanish course consists of 8-levels, 72 units and 792 lessons, with 594 hours of online learning and 80 hours of testing. It is compliant with the Common European Framework of Reference for Languages (CEFR or MCER in Spanish) which is recognized as one of the highest standards for second language learning in the world, and is suitable for learners with starter (A1) to intermediate (B1) level comprehension. The course is modeled on the communicative approach with an emphasis on real, authentic conversations, a proven methodology to assist learners in developing their practical skills for everyday use.
“Spanish is the second-most spoken native language in the world. Adding an online Spanish course to our suite of product offerings marks a significant milestone,” said Gali Bar-Ziv, COO of Lingo Media. “This provides institutions with the flexibility to seamlessly localize the course into the native language of their choice for improved learner outcomes, while also allowing the Company to expand our sales pipeline in targeted territories by offering to existing and future clients.”
Spanish as a second language frequently ranks in the top-three most studied languages in the world, including ranking as the most studied language in the United States and the third-most used language on the internet.
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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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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