Everybody Loves Languages Signs Exclusive Distribution Agreement in Turkey
TORONTO, Nov. 22, 2022 /CNW/ - Everybody Loves Languages Corp. ("ELL") (TSX-V: ELL) (OTC: LMDCF) (FSE: LIMA), www.everybodyloveslanguages.com, an edtech language learning edutainment and content development company, is pleased to announce that it signed an exclusive distribution agreement with Unlimited Educational Services (UES), the largest language learning digital and print content developer and distributor in Turkey. As part of the distribution agreement, UES will market ELL's full suite of products including its movie-based lessons.
In addition to providing and developing digital content, UES represents some of the world's most respected foreign language learning publications, such as Hachette, the largest publishing company in France, global education publisher Macmillan Education, and esteemed children's publisher Highlights Library.
"We are proud to work with UES to help empower their brand partners with our industry-leading e-learning language solutions and soon-to-be-released movie-based lessons," said Gali Bar-Ziv, CEO of Everybody Loves Languages. "This exclusive agreement is a testament to the extensive technical capabilities and customer-centric language learning programs we develop. We remain focused on providing solutions for a growing business like UES while continuing to build recurring, long-term revenue streams that enhance our shareholder value."
"As the largest foreign language learning solution providers in Turkey, we must continue to offer our agent network the most innovative training programs available, and that's why we are delighted to choose ELL's suite of products for our customers," said Kenan Oğuz, General Manager of UES. "They are a well-respected language learning company that has developed game-changing programs with reliable, best-in-class products to sell in our target market."
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 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.
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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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SOURCE Everybody Loves Languages Corp.
Corporate Communications: Li Lu, Tel: (647) 526-9846, Email: [email protected]; Media Relations: Dwain Schenck, Tel: (203)-223-5230, Email: [email protected]
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