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Lingo Media Corporation

 
Hoover's Profile: Lingo Media Corporation
(OTC:LMDCF) (TSX Venture:LM)
Contact Information
Lingo Media Corporation
151 Bloor St. West, Ste. 703
Toronto, Ontario M5S 1S4, Canada
Tel. 416-927-7000
Toll Free 866-927-7000
Fax 416-927-1222

Type: Public
On the web: http://www.lingomedia.com
Employees: 40

Lingo Media frankly acknowledges that English is the lingua franca of the world and sets about making English more accessible. The company publishes books and multimedia materials (audiotapes and CDs) designed to teach English to non-English speakers. Most of its revenue is generated by its Lingo Learning subsidiary, which designs print-based English language learning programs for students and professionals in China (its primary market), as well as in other non-English speaking countries. Its Out Loud Program is designed for primary-school students and uses rhyme and rhythm to help teach English. It also owns Speak2Me, a digital English-language-speaking tutor available as an online service.

Key numbers for fiscal year ending December, 2008:
Sales: $0.8M
Net income: ($3.2)M

Officers:
President, CEO and Director: Michael P. Kraft
CFO, Secretary and Treasurer: Khurram R. Qureshi
CTO, SpeaMe Inc.: Victor Wong

Competitors:
Berlitz
GlobalEnglish Corp.
Rosetta Stone

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