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-- Global online language-learning market expected to reach $21.2 billion by 2027
-- More than 24 million people study English in Mexico; 18th largest market for English language training in the world
TORONTO, June 23, 2022 /CNW/ - Lingo Media Corporation (TSXV: LM) (OTC: LMDCF) (FSE: LIMA) ("Lingo Media"), an EdTech language-learning and content development company, today announced that Cambridge English School, a well-established English language training institute in Mexico, has selected the English for Success ("EFS") online English course as its turnkey blended learning solutions platform. EFS is provided through Lingo Media's e-learning subsidiary, Everybody Loves Languages Inc. ("ELL"), a state-of-the-art language-learning content solutions provider.
With more than 700 hours of educational content, EFS uses storytelling to engage students to help them progress through various learning levels. Teachers can access and import supplementary lessons and materials, respectively, and give students extra practice to reinforce their learning.
Cambridge English School chose EFS to enhance the company's online learning options and expects to double its enrollment by the end of 2022.
"The demand in Mexico for quality, globally recognized English language training is growing exponentially, and we are excited to play a role in helping more students become fluent in English throughout Latin America," said Gali Bar-Ziv, CEO of Lingo Media. "Since many schools have shifted to a blended learning model, our solution is a perfect fit for organizations like Cambridge. Our software complements a hybrid classroom setting that is made up of a combination of teacher-led and self-study learning environments."
Cambridge English School is one of the leading providers of English-language education in Mexico City. As the 18th-largest market for English language-learning in the world, Mexico has more than 24 million people studying English in the country. Due to the surging demand for English language education in Mexico, Cambridge English School recently expanded its program to include online learning.
For more information about Lingo Media, visit www.lingomedia.com.
About Lingo Media (TSX-V: LM; OTC: LMDCF; FSE: LIMA):
Lingo Media is an EdTech language-learning and content development company headquartered in Toronto, Canada. By integrating education and technology, the company empowers 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: Everybody Loves Languages ("ELL") and Lingo Learning. ELL provides innovative SaaS-based e-Learning solutions, including a learning management system, and content and assessment for language learning. Lingo Learning is a print-based publisher of English language- learning material in China.
Lingo Media's language-learning solutions have been adopted by key government and industry organizations around the world, including markets in LATAM, China, and the U.S.
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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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SOURCE Lingo Media Corporation
View original content: http://www.newswire.ca/en/releases/archive/June2022/23/c1276.html