TORONTO, Oct. 13,
2022 /CNW/ - Lingo Media
Corporation (TSXV: LM) (OTC: LMDCF) (FSE: LIMA) ("Lingo Media" or the
"Company"), www.lingomedia.com, an edtech
language-learning edutainment and content development company, is
pleased to announce that it has filed a notice of name change to
Everybody Loves Languages Corp. with the TSX Venture
Exchange. As part of the name change, effective at the start of
trading on October 17, 2022,
Everybody Loves Languages Corp. will commence trading on the TSX
Venture Exchange under the new symbol "ELL" and continue to
trade on the OTC Markets under LMDCF and on the Frankfurt Stock
Exchange under LIMA.
Management of the Company believes that it is beneficial for the
Company to change its name as it is expanding its product offerings
through its Everybody Loves Languages Ltd. and Everybody Loves
Languages Inc. subsidiaries, in addition to the positive messaging
associated with its branding. This name change will help streamline
both communications with customers as well as with the investment
community.
In addition to the corporate name change, the Company has
launched a newly redesigned website at
www.everybodyloveslanguages.com. The new corporate website features
a streamlined, modern design, and improved functionality to reflect
the Company's evolution and the positive energy the new name
implies. With a pleasing mix of images, graphics, and content, the
new site simplifies ELL's product features and benefits and
includes a list of its leadership team and its board under the
investor section.
"We have been looking to rebrand the company with a name that
represents the passion and commitment that we have for language
learning," said Gali Bar-Ziv,
President and CEO of Everybody Loves Languages Corp. "Everybody
Loves Languages embodies our dedication to delivering language
learning solutions to schools, colleges and universities, and
corporations that are engaging, impactful and goal oriented."
Everybody Loves Languages' new CUSIP number is 30042G101 and its
new ISIN number is CA30042G1019. Certificates representing common
shares of the Company will not be affected by the name and symbol
change and will not need to be exchanged. No further action is
required by existing shareholders with respect to the name change
and there is no change in the share capital of the Company.
About Everybody Loves Languages Corp. (TSX-V:ELL;
OTC:LMDCF; FSE:LIMA):
Everybody Loves Languages Corp.("ELL") 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. 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 Inc. is the content development arm publishing
print-based English language learning materials in China.
Everybody Loves Languages Corp. has established successful
relationships with key government and industry organizations
internationally, with a presence in LATAM and China, and continues to extend its market
reach and expand its product offerings.
For more information about Everybody Loves languages,
visit: www.everybodyloveslanguages.com
Follow Everybody Loves Languages on social media:
Facebook:
https://www.facebook.com/everybodyloveslanguages
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.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSX VENTURE EXCHANGE ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
SOURCE Lingo Media Corporation