CNCN) Lingo Media Ranks No. 346 on the 2016 PROFIT 500
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Lingo Media Ranks No. 346 on the 2016 PROFIT 500
PROFIT and Canadian Business Unveils 28th Annual List of Canada's Fastest-Growing Companies
TORONTO, ON--(Marketwired - September 19, 2016) - Lingo Media Corporation (TSX VENTURE: LM) (OTCQB: LMDCF) ("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 Canadian Business and PROFIT ranked Lingo Media No. 346 on the 28(th) annual PROFIT 500, the definitive ranking of Canada's Fastest-Growing Companies. Published in the October issue of Canadian Business and at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.
Lingo Media made the 2016 PROFIT 500 list with five-year revenue growth of 148%.
"Companies become a part of the PROFIT 500 through innovative thinking, smart strategy and sheer grit," says James Cowan, Editor-in-Chief of PROFIT and Canadian Business. "These firms demonstrate what Canadian entrepreneurs can achieve, both at home and across the globe."
Michael Kraft, President & CEO of Lingo Media, stated, "Lingo Media is honoured to be on the PROFIT 500 ranking. This achievement reflects the strength of both our team and our proprietary technology and solutions. We are focused on growth through the deployment of our unique and innovative digital English language learning solutions for students and professionals in emerging markets. In countries such as Columbia, Peru and Mexico, we have only begun to scratch the surface of the overall market opportunity."
About PROFIT and PROFITguide.com
PROFIT: Your Guide to Business Success is Canada's preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 34 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a total brand readership of more than 1.1 million, it is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business -- what leadership looks like.
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