Lingo Media's ELL Technologies Wins Peru Ministry of Education Contract
Lingo Media Corporation — Wednesday, October 19, 2016TORONTO, ON--(Marketwired - October 19, 2016) - Lingo Media Corporation (TSX VENTURE: 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 is pleased to announce its wholly-owned subsidiary ELL Technologies Ltd. ("ELL Technologies") has secured a contract with Peru's Ministry of Education ("MOE"). This contract is another sales and distribution milestone for the Company as it adds to its portfolio of ministerial clients in Latin America. The implementation will be carried out nationwide through Euroidiomas, a leading language center headquartered in Lima, Peru. Euroidiomas has adopted ELL Technologies' English for Success platform as part of its comprehensive online learning solution for a 12-month teacher development program. Overall, 2,000 English teachers from Peru's 24 states will be using the learning platform starting in October 2016.
Gali Bar Ziv, COO of Lingo Media stated: "This contract is another strong endorsement of our digital learning platform and comprehensive content solutions. The Peruvian Ministry of Education invests heavily in the training of its teachers and students and we are confident that our commitment to learning outcomes will ensure very positive results for this teacher training program. We will work hard to ensure the successful delivery of our products and services to all parties involved and use this project as another building block in our quest to expand our market share in Peru."
Leonardo Mercado, Academic Director of Euroidiomas commented, "With ELL Technologies' English For Success unique format and vast amount of content, it is the ideal English language learning product and platform to serve as the cornerstone for this intensive study program and for other projects."
About Lingo Media (TSX VENTURE: LM) (OTCQB: LMDCF)
Lingo Media is a global EdTech company that is 'Changing the way the world learns English', developing and marketing products for learners of English through various life stages, from classroom to boardroom. By integrating education and technology, the company empowers English 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: ELL Technologies and Lingo Learning. ELL Technologies provides online training and assessment for English language learning, while 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 internationally, with a particularly strong presence in Latin America and China, and continues to both extend its global reach and expand its product offerings.
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