LEBGF - Legible Wins EdTech's eLearning Innovation of the Year Award
(TheNewswire)
June 10, 2024 – TheNewswire -Vancouver, British Columbia – Legible Inc. (CSE: READ) (OTCQB: LEBGF) (FSE: D0T) ("Legible” /“Company”), a global eBook and audiobook retailer and leadingdigital publisher, is proud to announce that it has been awarded theprestigious e-Learning Innovation of the Year award by the EdTech Breakthrough Awards2024 . This accolade recognizes Legible's outstandingcontributions to the field of educational technology through itsinnovative and accessible digital reading platform.
Legible, through its proprietary technology, is reshaping the waypeople read and learn by offering a browser-based, device-agnosticreading experience, accessible on any smart device, ensuring thatstudents, educators, and lifelong learners can access high-qualityeducational content anytime, anywhere, without the need for specifichardware.
A key feature of Legible's educational offering is itsuse of AI interactive chatbots, which enable readers to engage withtheir book through an interactive experience, a first for readers.Legible is pioneering these tools in its AI Classics series, as wellas in My Model Kitchen , the series of Living Cookbooks it is designing andpublishing for former supermodel and celebrity chef, Cristina Ferrare.Legible's comprehensive catalogue of educational materials is anothercornerstone of its award-winning platform, spanning the entirespectrum of educational needs, from kindergarten to universitygraduation. Legible also offers customizable bookshelves for coursebook selections, making it easier for educators and students toorganize and access their required readings.
"We are hono u red to receive thee-Learning Innovation of the Year award from the EdTech BreakthroughAwards," said Kaleeg Hainsworth, CEO of Legible. "Thisrecognition is a testament to our team's dedication to making readingand learning more accessible, engaging, and effective for everyone. Weare committed to continuing our innovation in the EdTech space andproviding the best possible learning experiences for our users."
The global EdTech and smart classroom market isprojected to grow significantly, reaching $304.6 billion by 2027, witha compound annual growth rate (CAGR) of 16.9%? ( Market Business News )?, driven by rising demand for personalized learningsolutions, AI-driven educational tools, and comprehensive digitallibraries indicate a high TAM. This market includes a diverse range ofeducational needs, from kindergarten to university graduation,emphasizing the broad applicability and necessity of accessibleeducational catalogs and interactive learning tools? ( Market Business News )?? ( Lead411 )?.
By leveraging a browser-based, device-agnostic platform with AIchatbots and customizable bookshelves, Legible is well-positioned totap into this growing market. The increasing focus on digitaltransformation in education highlights a significant opportunity forLegible to expand its reach and impact within the EdTech space.
The EdTech Breakthrough Awards program is devoted to recognizing thebest companies, products, and services in the field of educationaltechnology. With over 2,000 nominations from around the world, thisyear's competition was particularly fierce, highlighting thesignificance of Legible's achievement.
For more information about Legible and itsaward-winning platform, please visit www.legible.com .
About Legible
Legible is a groundbreaking, mobile-centric global companyspecializing in eBooks and audiobook entertainment. Its extensivepartnerships encompass four of the Big 5 Publishers, the world'slargest eBook distributor, and a wide range of outstanding andinnovative publishers of all sizes, enabling Legible to seamlesslydeliver millions of multilingual eBooks and audiobooks, transformingany smart device into a dynamic source of cutting-edge infotainment.
Legible recently released My Model Kitchen - Vol.1: Pasta , the first in a series of 15video-enriched Living Cookbooks by former supermodel, bestsellingauthor, TV host and celebrity chef, Cristina Ferrare, with an AI SousChef for each recipe.
As first mover in the rapidly expanding automotive infotainmentmarket, Legible has partnered with Faurecia Aptoide, Harman Ignite,Live One, and Visteon and is also delivering its content into thedashboards of leading automakers that offer cars with Google built-in.Legible has the only Android Automotive app with the capacity todeliver both audiobooks and eBooks to drivers and passengers in tensof millions of vehicles around the globe, positioning Legible at theforefront of the new world of in-car infotainment experiences.
Legible is reshaping the digital publishing landscape, committed togaining a significant market share by providing innovative21st-century publishing solutions and enriching global readingexperiences.
Please visit Legible.com and discover the place where eBooks come to life.
About EdTech BreakthroughAwards
The EdTech Breakthrough Awards program recognizes thetop companies and solutions in the educational technology industry.The program evaluates the best products, services, and companies thatdrive innovation and excellence in education. For more information,visit www.edtechbreakthrough.com .
Legible Contact
Ms. Deborah Harford
EVP, Global Strategic Partnerships
Legible Inc. (CSE: READ) (OTCQB: LEBGF) (FSE: D0T)
E-mail: invest@legible.com
Website: https://invest.legible.com
Legible Investor Relations
Mr. Neil Simon, CEO
Investor Cubed Inc.
Tel: +1 647-258-3310
E-mail: nsimon@investor3.ca
Cautionary Note Regarding Forward Looking Information
This Press Release contains certain statements which constituteforward-looking statements or information (“forward-lookingstatements”), including statements regarding Legible’s business.Such forward-looking statements are subject to numerous risks anduncertainties, some of which are beyond Legible's control, includingthe impact of general economic conditions, industry conditions,currency fluctuations, the lack of availability of qualified personnelor management, stock market volatility and the ability to accesssufficient capital from internal and external sources. AlthoughLegible believes that the expectations in its forward-lookingstatements are reasonable, they are based on factors and assumptionsconcerning future events which may prove to be inaccurate. Thosefactors and assumptions are based upon currently availableinformation. Such statements are subject to known and unknown risks,uncertainties and other factors that could influence actual results orevents and cause actual results or events to differ materially fromthose stated, anticipated or implied in the forward- lookinginformation. As such, readers are cautioned not to place unduereliance on the forward- looking information, as no assurance can beprovided as to future results, levels of activity or achievements. Theforward-looking statements contained in this document are made as ofthe date of this document and, except as required by applicable law,Legible does not undertake any obligation to publicly update or torevise any of the included forward-looking statements, whether as aresult of new information, future events or otherwise. Theforward-looking statements contained in this document are expresslyqualified by this cautionary statement.
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