viewLingo Media Corporation

Lingo Media wins second municipal government contract in Colombia

Lingo Media’s product and program are marketed through established sales channels to key education, government and business organizations in Latin America and China

Latin America
"This deal is a reflection of our growing market penetration in Colombia and Latin America in general.”

English language learning solutions provider Lingo Media Corporation (CVE:LM) has secured a sales contract with the municipality of Floridablanca in Colombia.

Under the contract, which was secured through the distribution partnership with E-Training SAS, Floridablanca Municipality is purchasing the Campus English language learning program produced by Lingo's wholly-owned subsidiary, ELL Technologies.

READ Lingo Media bags contracts with Chulalongkorn University and Thammasat University​

Floridablanca is a municipality in the metropolitan area of Bucaramanga in Colombia with 16 schools and more than 30,000 students.

“This is our second municipal government contract in Colombia,” said Gali Bar-Ziv, the chief operating officer of Lingo Media.

“Colombia is seeking to systematically improve its citizens’ English language skills, which provides us with a continued opportunity to capture market share and drive future growth. This deal is a reflection of our growing market penetration in Colombia and Latin America in general,” Bar-Ziv added.


Quick facts: Lingo Media Corporation

Price: 0.085 CAD

Market: TSX-V
Market Cap: $3.02 m

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