Lingo Media to advertise services in Mexico through ISA Lingo Media to advertise services in Mexico through ISA
Lingo Media Corp (C:LM)
Shares Issued 27,379,177
Last Close 7/28/2015 $0.28
Wednesday July 29 2015 - News Release
Mr. Michael Kraft reports
LINGO MEDIA'S ELL TECHNOLOGIES ENTERS INTO ADVERTISEMENT AGREEMENT TO REACH MILLIONS OF COMMUTERS ACROSS MEXICO
Lingo Media Corp.'s subsidiary ELL Technologies Ltd. has entered into an agreement with ISA Corporativo for advertisement services in metro stations throughout Mexico in exchange for issuing licences for the use of ELL Technologies' programs.
Michael Kraft, president and chief executive officer of Lingo Media, stated, "This advertising will provide significant exposure for our brand in Mexico to not just students, teachers, governments and corporations, but to the public at large."
The ISA Corporativo advertising network utilizes the resources and space within the system advertising collective transport, metro Mexico City; Sisterna urban electric train of the city of Guadalajara, Jalisco; public transport system, Metrorrey, of the city of Monterrey, Nuevo Leon; Mexico City International Airport; as well as various bus stations located across Mexico.
Mr. Kraft continued: "In exchange for licensing our ELL Technologies programs, we will receive advertising and exposure to millions of people as they travel through these transportation hubs every day. We believe this agreement will allow ELL Technologies to accelerate our brand awareness and enable greater long-term revenue growth as we receive extensive exposure. We look forward to becoming a market leader in Mexico and advancing our strategy throughout Latin America to secure additional new contracts."
ISA Corporativo will build and operate a website for consumers to purchase the products, and ELL Technologies will collect royalties on subscription revenue generated from these sales.
We seek Safe Harbor.
© 2015 Canjex Publishing Ltd.