Lingo Media Jumps 17% On Key Developments – LM Will Have Everybody Talking – You Know What I Mean?
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Hi Subscriber,
Lingo Media Corporation (CVE:LM) traded upwards 17.02% to close at $1.10 this afternoon!
Today’s daily range of $0.97 – $1.35 shattered resistance and is trending upwards for the second consecutive week.
Check it out
The global market for English language training products and services is estimated at $15 billion! Lingo Media is a lead international online and print-based education products and services corporation engaged with key government and industry organizations across the globe promoting English Language Learning at all levels. What Lingo Media does? LM provides print and leading edge technology based English language learning opportunities for students from classroom to boardroom. LM’s core business controls: publishing through the development and sale of print and audio based materials; interactive learning and free consumer services vis a vis their advertising-supported media business model; and also training and assessment fee-based consultations, providing premium content development services. What is Lingo Media’s added value? LM has a long term relationship with the only leader in education with a history of success established in 80 schools in 30 cities across China. Lingo Media has entry into one of the fastest growing language service opportunities in the World and will help more than 100 million people across China learn to speak English through its vast chain of language schools and education centers. That’s not all…
In December LM announced its wholly-owned subsidiary Parlo Corp. along with joint venture partner, Lion King Education (International) Group closed a deal with China Southern Airlines to install and implement their proprietary English language training platform for all corporate coaching. Lingo Media paired up with Lion King to jointly launch training and assessment services aimed at the adult market in China. The joint venture will market, launch and distribute its English training materials throughout Beijing and Lion King’s 80 schools in 30 cities across China in Spring 2010. LM is aggressively expanding operations and will host a state-of-the-art English language testing and training service platform for the World Expo 2010 in Shanghai beginning in May! http://www.lingomedia.com/press-releases.php?pid=37PARLO & LION KING JOINT VENTURE SIGN CHINA SOUTHERN AIRLINES AS FIRST CORPORATE TRAINING CLIENT Parlo has worked successfully with its new partner, LKE, who secured this first corporate training client. The service will be used to train more than 5,000 cabin attendants and over 1,200 ground service staff in job-specific spoken English. The Parlo solution will repurpose China Southern’s training manuals to create nearly 150 lessons which teach cabin crews to deliver English language announcements and to handle conversations with passengers and international support staff. The solution integrates Parlo’s proprietary speech-recognition system to train and test pronunciation. Animated avatars take the place of live instructors for a fully-scalable solution. China Southern is the largest international airline operating in China, and the world’s fifth largest airline by passengers carried. The airline is aggressively expanding its international routes to establish itself as the airline of choice for international business people and tourists coming to China. China Southern Airlines Party Secretary Zhang Zi Fang said: "The 2010 Asian Games will attract a large number of foreign visitors to Guangzhou, which is the global headquarters for China Southern. It is our goal that all China Southern cabin crew and ground customer service personnel can speak and communicate fluently in English. This will help us to strengthen our overall services to our customers and position China Southern as the first choice for international travel to and from China. English language fluency allows us to build a truly international airline." China Southern Airlines ( www.csair.com <http://www.csair.com> ) operates the largest and most technologically advanced airline fleet as well as the most extensive domestic air network in The People’s Republic of China with convenient connections to all main cities in the world via close cooperation with all the SkyTeam member airlines. Currently, China Southern Airlines is the 4th largest airline in the world and 1st in Asia; ranked as the largest airline in China for 30 consecutive years and is the only carrier in mainland China in the world’s Top 10 passengerairlines. About Parlo Parlo is a training and assessment business whose on-line offerings will provide a series of targeted lesson modules to help employees, civil servants & professionals develop their spoken English skills as needed to remain competitive in the workplace and global economy. Parlo is a wholly-owned subsidiary of Lingo Media Corporation. About Lingo Media (TSX-V: LM; OTC BB: LMDCF) For further information, contact: For Lingo Media Michael Kraft, President & CEO Tel: 416 927 7000 Toll Free Tel: 866 927 7011 ext 33 Fax: 416 927 1222 Email: investor@lingomedia.com To learn more, visit www.lingomedia.com
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