Lingo Media seals another sales contract in Colombia

Lingo Media has now secured three contracts in Colombia ...
Lingo Media seals another sales contract in Colombia
Last month the group secured a deal with the municipality of Floridablancain in Colombia

English language learning solutions provider Lingo Media Corporation (CVE:LM) has furthered its presence in Colombia with another sales contract.

It comes just weeks after the group secured a deal with the municipality of Floridablancain the Latin American country. The firm has now secured three contracts in Colombia.

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

Today's contract is with the Unidades Tecnológicas de Santander (UTS) in Colombia - a higher education institution in the metropolitan area of Bucaramanga with six campuses and more than 20,000 students, Longo Media said.

ELL’s Campus is an online program designed for young adults from junior middle school through to undergraduates (ages 13 to 22 years) and extends to adult learners as well.

"Our deal with UTS is another sales contract that we’ve secured in Colombia in recent weeks through our distribution partnership with E-Training SAS,” said Gali Bar-Ziv, the chief operating officer of Lingo Media.

“We continue to focus on building our business and market presence in Colombia, in addition to Peru and Mexico as more and more higher education institutions and government agencies are interested in using our English language learning tools and programs.”

May was a busy month for the edtech company. It also expandedits footprint in Japan, with its subsidiary securing a sales contract with a leading university for one of its education programs - the third contract resulting from the group's partnership with Gale.

It also told investors it had strengthened its offering, with the addition of a comprehensive online Spanish course, consisting of eight levels, 72 units and 792 lessons.

With 594 hours of online learning and 80 hours of testing, it’s also compliant with the Common European Framework of Reference for Languages (CEFR or MCER in Spanish), recognized as one of the highest standards for second language learning in the world.

Shares in Toronto added over 5% to C$0.10.

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