ARLINGTON, MA--(Marketwired - Sep 10, 2015) - EnglishCentral, the leading provider of online English conversation solutions, today announced that it has entered into an agreement to acquire Langrich, a leading online English tutoring company in Japan. Under the terms of the deal, Langrich's shareholders -- KLAB Ventures, a leading gaming company in Japan, and Hitomedia, an educational incubator in Japan -- exchanged shares in Langrich for shares in EnglishCentral. The combination of EnglishCentral and Langrich creates the first English learning platform that fully integrates interactive video learning with 1:1 online tutoring to guarantee results for English as a Second Language (ESL) students.
The latest research still shows that the fastest path to spoken English fluency is with one-to-one tutoring. With this acquisition, EnglishCentral now fully integrates online, 1:1 tutoring into its platform, allowing learners to schedule a lesson on any one of EnglishCentral's 10,000 videos lessons, or 50 online courses, including those from dozens of English language learning publishers such as Cambridge University Press. This new solution offers learners the widest array of online courses with interactive video content and live teachers anywhere online. EnglishCentral currently provides its learning platform, which includes its proprietary Intellispeech(SM) speech assessment system, to over 100,000 paying users each month in over 100 countries, and over 400 universities.
"The combination of our unique speech technology and video learning platform has made EnglishCentral one of the most widely adopted self-learning English learning tools online," said Alan Schwartz, Founder & CEO of EnglishCentral. "Now with the integration of live tutoring into our platform, learners will have the most complete online English learning solution available in the market for both mobile and web that also can guarantee results for learners."
Offering Full Money Back Guarantee
EnglishCentral is also announcing a full money back guarantee program for learners who follow their Platinum program. Learners "Watch, Learn and Speak" one short video per day and then GoLive! with a 1:1 online lesson with a tutor. A first of its kind in the ESL market, EnglishCentral's 100% Commit Guarantee ensures that learners who follow this program will "Level Up" in 3 months, or EnglishCentral will provide a full refund. This guarantee can be executed on using third party assessments tests such as TOEIC(SM) Speaking or OPIC test. EnglishCentral believes it is the only English learning company that is guaranteeing a 100% money-back refund if learners don't level up as measured by third party proficiency tests.
About EnglishCentral
EnglishCentral turns popular web videos into powerful language learning experiences for both self-study and one-on-one tutoring, providing a complete platform for practicing English conversation online. EnglishCentral has been adopted in over 400 universities worldwide and has partnered with the world's largest private and online English language schools, including Open English in Latin America, UOL in Brazil, NTT Learning in Japan, and Meten in China. The company is backed by investors including Google Ventures, NTT DoCoMo Ventures, and SK Telecom Ventures. For more information, visit www.englishcentral.com, friend us on Facebook/EnglishCentral or follow us on Twitter at @EnglishCentral1.
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Contact Information:
Dana Harris
Red Javelin Communications
(978) 440-8392