SOURCE: Lingo Media Corporation

Lingo Media Corporation

July 29, 2015 09:07 ET

Lingo Media's ELL Technologies Enters Into Advertisement Agreement to Reach Millions of Commuters Across Mexico

TORONTO, ON--(Marketwired - July 29, 2015) - 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 that its subsidiary ELL Technologies Ltd. ("ELL Technologies") has entered into an agreement with ISA Corporativo ("ISA") for advertisement services in metro stations throughout Mexico in exchange for issuing licenses for the use of ELL Technologies' programs.

Michael Kraft, President & CEO of Lingo Media stated, "This advertising will provide significant exposure for our brand in Mexico to not just students, teachers, governments and corporations, but to the public at large."

The ISA Corporativo advertising network utilizes the resources and space within the System Advertising Collective transport Metro Mexico city (STC), Sisterna Urban Electric Train (SITEUR) of the City of Guadalajara, Jalisco, Public Transport System Metrorrey (Metrorrey) of the city of Monterrey, Nuevo Leon, International Airport Mexico City (AICM) as well as various bus stations located across Mexico.

Mr. Kraft continued, "In exchange for licensing our ELL Technologies programs, we will receive advertising and exposure to millions of people as they travel through these transportation hubs every day. We believe this agreement will allow ELL Technologies to accelerate our brand awareness and enable greater long-term revenue growth as we receive extensive exposure. We look forward to becoming a market leader in Mexico and advancing our strategy throughout Latin American to secure additional new contracts."

ISA Corporativo will build and operate a website for consumers to purchase the products and ELL Technologies will collect royalties on subscription revenue generated from these sales.

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

Lingo Media ( 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 ( 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.

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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 or


Contact Information

  • For further information, contact:
    Lingo Media

    Michael Kraft
    President & CEO
    Tel: (416) 927-7000 Ext. 23
    Toll Free: (866) 927-7011
    Fax: (416) 927-1222
    To learn more, visit: