Scottsdale 10/1/2015 8:00:00 PM
News / Finance

QualityStocks News - Lingo Media (LMDCF) Subsidiary Partners with eDistribution SAS to Fulfill Multi-Million Dollar Contract in Columbia

QualityStocks would like to highlight Lingo Media Corp. (OTCQB: LMDCF) (LM.V), an EdTech company that's changing the way the world learns English through an innovative combination of proven educational techniques and accessible technology. The company provides both online and print-based solutions through its two distinct business units: ELL Technologies and Lingo Learning. Through ELL Technologies, Lingo has made considerable progress in English-learning markets throughout Latin America. Through print-based publisher Lingo Learning, the company has built a significant presence in the Chinese education market, which includes more than 300 million students.

In the company’s news,

Lingo Media, an EdTech company providing innovative online and print-based technologies and solutions, this morning reported that its subsidiary, ELL Technologies Ltd., and eDistribution SAS, an online education services distribution company in Colombia, have secured a multi-million dollar language learning software development contract in Colombia. The agreement positions both parties to significantly increase learning and professional opportunities for as many as 7 million citizens in Colombia.

eDistribution has selected ELL Technologies to provide a full suite of digital education resources to the National Training Service (“SENA”), a Colombian national public institution focused on the development of education as means to foster employment.

Per the terms agreement, ELL Technologies, in partnership with eDistribution, is currently developing lessons, learning objects and digital resources which SENA will implement into its learning management system. By gaining the ability to pick, choose and adapt learning programs and their components, educators can supplement, complement and enhance their coursework and in-class training.

“SENA has taken a most progressive and innovative approach to learning English and other languages by structuring their program to fit the many different learning environments and requirements to further establish Colombia as a truly bilingual nation,” Gali Bar-Ziv, president and CEO of ELL Technologies, stated in the news release. “We are very excited to deliver the digital learning content and user experience to Latin America’s leading educational institute, positively impacting language education and employment opportunities in Colombia and throughout Latin America.”

Laura Victoria Zabala J., eDistribution´s CEO, noted the importance of multilingualism in Latin America, as well as on a global scale.

“Multilingualism has become a real necessity in our interconnected and globalized world,” she stated. “Through this partnership, eDistribution and ELL Technologies will provide the most technologically advanced and expansive digital content library of all the eLearning programs to be used in Colombia, and will be an example for educators and governments throughout Latin America to establish new educational standards.”

Mario Javier Rincón Triana, special and institutional project coordinator for SENA, explained how the agreement is of particular importance for his organization.

“In the context of Colombia, SENA aims at the improvement of foreign language levels of the Colombian people and SENA’s bilingualism project is particularly important since it has become necessary to boost both the quality and the competence of our learners,” he said.
Finally, the use of digital content has become SENA’s benchmark in the implementation of best practices in the teaching and learning of foreign languages.”

About QualityStocks


QualityStocks, based in Scottsdale, Arizona, is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their investor communication efforts and connecting subscribers with companies that have huge potential to succeed in the short and long-term future.

To sign up for The QualityStocks Daily Newsletter, please visit www.QualityStocks.net  

To connect with QualityStocks via Facebook, please visit http://Facebook.com/QualityStocksPage

To connect with QualityStocks via Twitter, please visit http://Twitter.com/QualityStocks

Please read FULL disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.net   

Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.