Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Top Links You Must Click On


Lingo Media Reports Third Quarter Results

TORONTO, ONTARIO -- (Marketwire) -- 11/23/12 -- Lingo Media Corporation (TSX VENTURE:LM)(OTCBB:LMDCF) ("Lingo Media" or the "Company"), an ESL industry acquisition company that is Changing the way the world learns English, announces its financial results for the third quarter ended September 30, 2012. All figures are reported in Canadian Dollars, and are in accordance with International Financial Reporting Standards unless otherwise noted.

Operational Highlights


--  Print-Based English Language Learning: 
    --  started product revisions for the 5thand 6thlevels of PEP Primary
        English program 
        
    --  renewed agreements to develop, publish, distribute and sell PEP
        Primary English and Starting Line programs with People's Education
        Press and Peoples Education Electronic & Audiovisual Press 
        
--  Online English Language Learning: 
    
    --  completed development and testing of newly commercialized speech
        recognition technology 
        
    --  advanced the development of new English Proficiency Assessment
        Platform 
        
    --  initiated the redevelopment of ELL Technologies Q Group product
        portfolio including product upgrade and redesign
        
    --  advanced negotiations of strategic development partnership for
        Speak2Me to enhance existing site and complete development of a
        multi-platform application 

Corporate Highlights


--  renewed the $890,000 loan by an additional one year term 
    
--  evaluating ESL and other education assets for acquisition and also
    pursuing M&A opportunities 

Financial Highlights


----------------------------------------------------------------------------
Third Quarter Ended September 30,                          2012         2011
----------------------------------------------------------------------------
Revenue                                             $   129,424  $   349,544
----------------------------------------------------------------------------
Operating expenses                                      508,158      677,110
----------------------------------------------------------------------------
Amortization, share-based payments, and depreciation    231,516      660,417
----------------------------------------------------------------------------
Interest, foreign exchange, taxes and other                                 
 comprehensive income                                    79,802       11,568
----------------------------------------------------------------------------
Total expenses                                          819,476    1,349,095
----------------------------------------------------------------------------
Total comprehensive loss                            $ (690,052)  $ (999,551)
----------------------------------------------------------------------------

Revenue for the third quarter totalled $129,424 compared to $349,544 for the same period in 2011, a decrease of 63%. In the third quarter, the Company initiated the redevelopment of its Q Group product portfolio to meet market needs. During this development process, ELL Technologies sales efforts have been reduced to enable the development team to complete the product upgrade and redesign. The Company expects to complete the first phase of this redevelopment process by the year end and the sales efforts will resume in January 2013.


--  Total expenses for the quarter totalled $819,476, as compared to
    $1,349,095 in 2011, due to the benefits of cost rationalization and a
    reduction in amortization of intangibles. 
--  Total comprehensive loss totalled $690,052 or $0.03 per share based on
    20.6 million shares outstanding compared to a total comprehensive loss
    of $999,551 or $0.05 per share based on 20.5 million shares outstanding.

The financial statements for the nine months ended September 30, 2012 and accompanying Management Discussion & Analysis are available at www.sedar.com.

About Lingo Media (TSX VENTURE:LM)(OTCBB:LMDCF)

Lingo Media Corporation (www.lingomedia.com) is an ESL industry acquisition company that is Changing the way the world learns English, focused on English language learning ("ELL") on an international scale through its four distinct business units: ELL Technologies; Parlo; Speak2Me; and Lingo Learning. ELL Technologies is a globally-established ELL multi-media and online training company marketed under the Q Group brand (www.elltechnologies.com). Parlo is a fee-based online ELL training and assessment service (www.parlo.com). Speak2Me is a free-to-consumer advertising-based online ELL service in China (www.speak2me.cn). Lingo Learning is a print-based publisher of ELL programs in China. Lingo Media has formed successful relationships with key government and industry organizations, establishing a strong presence in China's education market of more than 300 million students. The Company continues to expand its ELL offerings and is extending its reach globally.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

Contacts:
Lingo Media Corporation
Michael Kraft
President & CEO
(416) 927-7000 ext. 23 or Toll Free: (866) 927-7011
(416) 927-1222 (FAX)
mkraft@lingomedia.com
www.lingomedia.com

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Enterprise Open Source Magazine Latest Stories . . .
SYS-CON Events announced today that Grid Dynamics, the leading provider of scalable eCommerce technology solutions, will exhibit at DevOps Summit Silicon Valley, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Grid Dynamics is a le...
Appcore aims to simplify private cloud through Apache CloudStack solutions. Nate Gordon serves as the Des Moines, IA-based company's Director of Technology, in its effort to enhance Apache CloudStack and Citrix CloudPlatform for its customers. We had a few questions for him, and this i...
StackIQ offers a comprehensive software suite that automates the deployment, provisioning, and management of Big Infrastructure. With StackIQ’s software, you can spin up fully configured big data clusters, quickly and consistently — from bare-metal up to the applications layer — and ma...

Unless you have been living under a rock the last year, you have probably heard about Docker. Docker describes itself as an open platform for distributed applications for developers and sysadmins. That sounds great, but why does it matter? Wait, virtualization isn’t new!? Virt...

When I took my operating systems fundamentals course in college I was taught that an operating system provides very specific capabilities that provides users with access compute resources for building and running applications. Over time as networking capabilities and bandwidth increase...
There's fog coming to the world of IT. Some people are calling this "The Cloud." This fog turns everything inside out. It will take your monolithic applications, the guts of which are contained within large bodies of code, and break them apart so that discrete units of functionality a...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE