TORONTO, Jan. 11,
2023 /CNW/ - Everybody Loves Languages Corp.
("ELL") (TSXV: ELL) (OTC: LMDCF) (FSE: LIMA) www.everybodyloveslanguages.com, an
edtech language learning edutainment and content
development company, is pleased to provide a corporate update
detailing the milestones and growth initiatives accomplished during
2022.
Everybody Loves Languages closed out the year in a strong
position. The Company entered a new strategic partnership that
introduced a game-changing language learning offering that uses
Hollywood films and clips from the
world's most popular movies to teach a second language. The lessons
focus on making learning fun by enabling students to converse with
movie characters like Spiderman, Buzz Lightyear, and Snow White.
In 2022, ELL significantly expanded its language learning
service portfolio across multiple countries. The Company also
launched a new English proficiency test approved by the Ecuadoran
Ministry of Education. This certification will open new business
opportunities for the Company as it plans to expand testing
services in Ecuador and throughout
LATAM.
Everybody Loves Languages 2022
Corporate Highlights:
- Cambridge English School, a well-established English language
training institute in Mexico,
selected ELL's English for Success (EFS) online English
course as its turnkey blended learning solutions platform.
- ELL launched a new English language learning course, English
Teacher Prep (ETP), that provides professional growth
opportunities for teachers looking to strengthen their English
proficiency and delivers critical methodologies for teaching
English as a foreign language.
- ELL was selected as the official English language learning
partner for Colsubsidio schools in Colombia to provide a complete suite of
digital education products. Colsubsidio is implementing ELL's
proprietary learning management system and its Campus
English course and testing suite.
- ELL won a contract with Sophia Educational Group, a leading
language training and test-prep education provider in Colombia that serves students from preschool
to grade 11.
- ELL entered a joint venture strategic partnership with Row
9-Digital to develop and sell language learning programs based on
Hollywood movies. The Hollywood content is branded under the name
Academe+.
- Completed corporate name change to Everybody Loves Languages
Corp. (formerly Lingo Media Corporation). Everybody Loves Languages
Corp. now trades on the TSX Venture Exchange under the trading
symbol "ELL" and continues to trade on both OTC Markets under the
trading symbol "LMDCF", and on the Frankfurt Stock Exchange under
the trading symbol "LIMA".
- ELL expanded its English language learning service offerings in
Israel. Everybody Loves Language
courses are now being marketed and sold by CES Israel, an online
learning company that services corporations, educational
institutions, and families across Israel.
- ELL showcased its range of language learning solutions at the
annual GESS (Global Educational Supplies and Solutions) conference
at the Dubai World Trade Centre. More than 550 educational product
and services companies and brands from 39 countries attended the
exhibition.
- Ecuadoran Ministry of Education approved ELL's new assessment
test as a certified proficiency test for Ecuador.
- Signed an exclusive distribution agreement with Unlimited
Educational Service (UES), Turkey's largest language learning digital and
print content developer and distributor.
- Signed a sales contract with the University of La Guajira
(Uniguajira) in Colombia, one of
the country's largest public and co-educational institutions.
"We have been searching for ways to create a unique competitive
advantage that makes learning fun and this partnership with Row-9
Digital is a game changer," said Gali
Bar-Ziv, CEO of Everybody Loves Languages. "ELL is
leading the next wave of edtech innovation with its AI-enabled
language learning and movie-based gamification teaching programs
that will present significant sales opportunities and position the
company for long-term growth. This past year we expanded our
content offerings to appeal to a wider audience, improved the user
experience to make learning more enjoyable, and diversified revenue
streams by providing additional services and certifications in the
testing market. We look forward to leveraging the momentum we have
in the new year with market share and revenue growth."
About Everybody Loves Languages
Corp. (TSX-V: ELL; OTC: LMDCF; FSE: LIMA):
Everybody Loves Languages Corp. is an edtech language-learning
and content development company empowering language educators to
easily transition from traditional teaching methods to digital
learning by integrating education, edutainment, and technology.
The company provides online and print-based solutions through
two distinct business units: Everybody Loves Languages Inc.
and Lingo Learning Inc. Everybody Loves Languages is a
state-of-the-art technology platform that delivers personalized
learning experiences in classrooms and online. Its programs provide
innovative SaaS-based eLearning solutions, including online and
offline content, a learning management system, assessments,
real-time reports, speech recognition technology, and white-label
tools. At the same time, Lingo Learning is the content
development arm and co-publishes print-based English language
learning materials in China.
Everybody Loves Languages has established successful
relationships with key government and industry organizations
internationally, with a presence in LATAM and China, and continues to expand its product
offerings and extend its market reach.
Follow Everybody Loves Languages
on social media:
Facebook: https://www.facebook.com/everybodyloveslanguages
Twitter: twitter@elltechnologies
YouTube: Everybody Loves Languages (ELL)
LinkedIn:
https://www.linkedin.com/company/elltechnologies
Portions of this press release may include "forward-looking
statements" within the meaning of securities laws. These
statements 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.
Everybody Loves Languages 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. Everybody Loves Languages'
expectations depend 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 and other uncontrollable or unknown factors.
No assurance can be given that the actual results will follow
the forward-looking statements. Except as otherwise required by
securities laws, Everybody Loves Languages undertakes no obligation
to publicly update or revise any forward-looking statements,
whether because 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 securities
regulators available on www.sedar.com.
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REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
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SOURCE Everybody Loves Languages Corp.