HP Inc. and Lingo Media Sign Strategic Alliance for Latin American Education Market

TORONTO, ON--(Marketwired - June 27, 2017) - Lingo Media Corporation (TSX VENTURE: LM) (OTCQB: LMDCF) (FRANKFURT: LIMA) ("Lingo Media" or the "Company"),an EdTech company that is 'Changing the way the world learns English' through innovative online and print-based technologies and solutions, is pleased to announce that it has entered into a strategic alliance with HP Inc. (NYSE: HPQ) ("HP") for the education market in Latin America. Through the strategic partnership, HP will be marketing and selling ELL Technologies' full suite of English language learning programs directly to its existing customer base of educational institutions throughout the region.

ELL Technologies' online learning solutions will also be available for sale and license to HP's network of institutions through the HP Educational Portal. ELL Technologies will be installing its products on HP hardware and will promote the sale of HP hardware to its existing and prospective customers and channel partners.

"With governments throughout Latin America putting significant emphasis on English and Math, we see the need and opportunity to partner with one of the leading online training and assessment providers in ELL Technologies. HP has a well-established network in the education market throughout Latin America and we will be using our reach to market and sell ELL Technologies' suite of English learning software. This combined offering of HP's market leading hardware with ELL Technologies' proven pedagogy will lead to improved learning outcomes across Latin America in the classroom and beyond. We are excited about the partnership and see a great future for HP and ELL Technologies to work together," commented Enrique Ortiz, Regional Director Business Development, Latin America & Caribbean of HP Latin America.

"This strategic alliance with a world technology leader in HP with their focus and dedication to the education sector is another significant distribution milestone for the company. We expect to grow our sales throughout the Latin America region with this strategic partnership, benefitting substantially from HP's vast marketing channels and network," said Gali Bar-Ziv, COO of Lingo Media.

The strategic partnership was signed at the Virtual Educa's Colombia 2017 Conference and is the first international alliance signed under Virtual Educa's new global expansion. The agreement was witnessed by Virtual Educa's board of directors and signed in the presence of Secretaries of Education from countries across Latin America.