Phoenix, AZ - Jan 20, 2009Auralog, the pioneer of integrating advanced speech recognition technology with language learning instruction, and the publisher of the TELL ME MORE® language learning software program, today announced its financial results for the year ending 2008.

With more than 350 employees, clients located in 65 countries and 7 million learners worldwide, Auralog reaffirms its leadership role in the language learning industry by reporting a 21% growth in revenue. December rounded out the year favorably with a number of large international contracts being signed. Looking forward to 2009, Auralog is conservatively forecasting 20-30% growth over 2008 figures—a figure to be envied based on current economic conditions globally.

Fiscal 2008 Results

Announcing a 21% growth over the previous year, with 75% coming from outside of Europe. Revenue was broken down as follows:

• 40% from Corporate and Government Clients
• 30% from Educational Institutions
• 30% from sales to Consumers

To further its international expansion Auralog currently operates several subsidiaries located in the United States, China, Italy, Germany, Spain and Mexico with plans to further expand into Brazil and Japan.

Language Learning Technology; a market full of opportunity

With the current economic climate Consumers and Organizations are both looking for more economical alternatives to traditional classroom based learning options. Auralog’s TELL ME MORE® language learning program offers a solution that is not only an economical stand alone option but also a perfect supplement to an individual or organization’s current language learning program. Consumer CD-ROM versions are roughly onetenth the cost of traditional instructor-led options. Additionally, e-learning options are quickly being adopted in the Education and Business markets due to the flexibility of implementation and global access (anytime/anywhere availability).

Particularly for those learning or enhancing their English language skills, TELL ME MORE® offers over 2,000 hours of interactive content designed for either the social language learner or the business professional. In a recent Eurobarometer survey English was the dominant foreign language spoken in the EU (34%) followed by German (12%) and then French in third place (11%). Russian and Spanish come in jointly at 5%. Additionally, based on research conducted by the British Council, the need for English language learning globally is forecasted to reach a peak of around 2 billion in the next 10 years, with a significant increase coming from Chinese students, estimated now at around 250 million English learners, increasing by about 20 million per year.

Industry Recognition and Large Year-end Contracts

Auralog finishes the year with a bang. TELL ME MORE® was honored with a number of prestigious awards and distinctions including:

• US: 3 Eddie Awards for excellence in education materials
• US: Homeschool “Mom’s Choice Award”
• China: World Management Review: e-Learning Solution of the Year

Auralog’s commitment to client satisfaction was reinforced by the prestigious Goethe Institute in Germany expanding their previous agreement. TELL ME MORE® was also selected by the Ministry of Education in Mexico to deliver language learning online to 380,000 learners. Additional new clients include Microsoft China, Euromed, ERGO Group and the United Nations. TELL ME MORE® is used in roughly 60% of France’s CAC40 as well as top companies in the Global 1,000.

Strong growth forecast for 2009

With a strong presence in and primary focus on the Education, Professional and Consumer markets, Auralog differentiates itself from competitive products by delivering online solutions that uniquely address the needs of clients in these three markets. In a recent Panel on the Web research study 86% of respondents felt that online delivery of language learning was either effective or very effective.

Moving forward into 2009, Auralog will continue to invest heavily in research and development for both software as well as linguistic content. In addition to these investments, Auralog will also be focusing strategic spending in its Marketing efforts including expanding on its successful 2008 television campaign into other markets and new employee on-boarding in order to help drive the 20-30% growth in revenue. “We are committed to spreading our ‘know-how’ worldwide. Our history of year-over-year growth and industry recognition confirms this commitment.” says Nagi Sioufi, President and CEO “Due to our unique value proposition and proven business model we have been able to increase market share and position ourselves for continued growth—even in these tough economic times.”

About TELL ME MORE® powered by Auralog

Auralog is a world leader in language learning solutions and publisher of the award-winning TELL ME MORE® solution suite. Auralog incorporates over 20 years of language empowerment experience, full training support services and advanced technologies including speech recognition, video, role play and spoken language tracking into the TELL ME MORE® suite of language learning software programs. With offices in United-States, France, Germany, Italy, Spain, Mexico, and China, Auralog has more than 350 employees and provides services globally to more than 10,000 organizations and over 7 million learners. Users of TELL ME MORE® include primary, secondary, higher and adult education institutions, home school, libraries, individual consumers, and businesses of all sizes. www.tellmemore.com