Lingo Media Corporation
TSX VENTURE : LM
OTC Bulletin Board : LMDCF

Lingo Media Corporation

October 20, 2009 11:37 ET

Lingo Media Announces Re-Filing of MD&A

TORONTO, ONTARIO--(Marketwire - Oct. 20, 2009) – Lingo Media Corporation (TSX VENTURE:LM)(OTCBB:LMDCF) ("Lingo Media" or the "Company") a leader in online and print-based English language learning solutions announces the re-filing of Amended Management Discussion and Analysis ("MD&A") for the year ended December 31, 2008 and its interim filing for the periods ended March 31, 2009 and June 30, 2009. The re-filing of the MD&A is a result of participation in the Ontario Securities Commission Continuous Disclosure Review Program. Management emphasizes that there are no changes to the Consolidated Financial Statements with respect to results reported previously. These revisions were only applicable to the MD&A and related to the addition of content disclosures. In connection with the re-filing of the MD&A, the Company has also filed updated Certificates of its Chief Executive Officer and Chief Financial Officer pursuant to the provisions of Multilateral Instrument 52-109.

The amended MD&As are available on www.sedar.com

About Lingo Media (TSX VENTURE:LM)(OTCBB:LMDCF)

Lingo Media Corporation (www.lingomedia.com) is a diversified online and print-based education products and services corporation focused on English language learning ("ELL") on an international scale through its Lingo Learning Inc. subsidiary, a print-based publisher of ELL programs in China, Speak2Me (www.speak2me.com/advertising), an online ELL community, and Parlo, which today is an integrated language and cultural immersion portal (www.parlo.com). Lingo Media has formed successful relationships with key government and industry organizations, establishing a strong presence in China's education market of 250 million students. The Company continues to broaden its presence in China as well as other major English language learning markets, to provide access to world-class English learning solutions on a global scale.

To learn more, visit www.lingomedia.com

Portions of this press release may include "forward-looking statements" within the meaning of securities laws. Forward-looking statements contained in this press release are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. 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. 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.

NEITHER 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 RELEASE

Contact Information

  • Lingo Media
    Michael Kraft
    President & CEO
    416-927-7000 ext. 23 or Toll Free: 1-866-927-7011 ext. 23
    416-927-1222 (FAX)
    investor@lingomedia.com