leadf
logo-loader
viewLingo Media Corporation

Lingo Media expands footprint in Japan as it wins university contract

It is the third contract resulting from the group's partnership with Gale, the firm said.

1525877091_Educacion_Digital_Fundacion_Telefonica_Apertura.jpg
ELL Technologies will provide its Gale Lingo program to Seinan Gakuin University in Fukuoka, Japan

Shares in English language learning solutions provider Lingo Media Corporation (CVE:LM) soared Wednesday as it expanded its footprint in Japan, with its subsidiary securing a sales contract with a leading university for one of its education programs.

It is the third contract resulting from the group's partnership with Gale.

The latter has the rights to market, distribute and sell ELL's scholar program to the higher education library market under the Gale Lingo brand.

ELL Technologies will provide its Gale Lingo program to Seinan Gakuin University in Fukuoka, Japan.

With nine faculties, colleges and research institutes, and a population of about 8,500 students, Seinan Gakuin University is consistently ranked as one of the leading, privately financed universities in western Japan.

"This contract expands our footprint into Japan as we execute on our distribution partnership with Gale and our reach into Asia," said Gali Bar-Ziv, chief operating officer of Lingo Media.

"We are looking forward to working with Seinan Gakuin University as we implement Gale Lingo into the university library system."

Lingo shares in Toronto added 14.29% to stand at C$0.12.

Quick facts: Lingo Media Corporation

Price: 0.075 CAD

TSX-V:LM
Market: TSX-V
Market Cap: $2.66 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Lingo Media Corporation named herein, including the promotion by the Company of Lingo Media Corporation in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Lingo Media Corporation boss outlines progress in Latin America

Lingo Media Corporation's (CVE:LM) president and chief executive  Michael Kraft spells out the progress the edtech firm has recently made in Latin America. Subsidiary ELL Technologies secured a sales contract in July to promote digital education to students at a leading financial...

on 19/8/16

2 min read