Corporate press releases are a common source of reading material in the TOEIC exam. Reading product launch announcements can be challenging due to their formal language and specific terminology. This practice test will help you improve your skills in understanding and analyzing corporate announcements.
Part 1: Incomplete Sentences
In this section, you will find 30 incomplete sentences. Choose the word or phrase that best completes each sentence.
-
The company’s latest press release __ the launch of their innovative smartphone.
A) announced
B) announcing
C) announce
D) to announce -
The new product is expected to __ the market by storm.
A) take
B) make
C) do
D) have -
According to the CEO, the device __ cutting-edge technology.
A) incorporates
B) incorporates with
C) incorporating
D) incorporation -
The press release __ that the product will be available next month.
A) states
B) saying
C) tells
D) speaks -
The company’s shares __ following the announcement.
A) rose sharply
B) sharply rose
C) sharp rose
D) rose sharp -
The new smartphone __ with a state-of-the-art camera system.
A) comes equipped
B) comes equip
C) comes equiped
D) comes equipping -
The announcement __ details about the product’s specifications.
A) provided
B) providing
C) provides
D) provide -
Analysts predict that the new device will __ strong competition in the market.
A) face
B) facing
C) faced
D) to face -
The press release __ the company’s commitment to innovation.
A) emphasized
B) emphasizing
C) emphasis
D) emphatic -
The product launch is __ to boost the company’s revenue.
A) expected
B) expecting
C) expect
D) expectation -
The company’s R&D team __ years developing the new technology.
A) spent
B) spending
C) spends
D) spend -
The announcement __ positive reactions from industry experts.
A) garnered
B) garnering
C) garner
D) to garner -
The new smartphone __ to be more energy-efficient than its predecessors.
A) is said
B) says
C) saying
D) said -
The press release __ the product’s key features and benefits.
A) highlighted
B) highlighting
C) highlight
D) highlights -
The company’s CEO __ confidence in the product’s success.
A) expressed
B) expressing
C) express
D) expression -
The announcement __ details about the product’s pricing strategy.
A) included
B) including
C) includes
D) include -
The new device is __ to revolutionize the smartphone industry.
A) poised
B) posed
C) positioning
D) position -
The press release __ that pre-orders will begin next week.
A) mentioned
B) mentioning
C) mention
D) mentions -
The company’s marketing team __ an extensive promotional campaign.
A) has planned
B) have planned
C) planning
D) plans -
The announcement __ positive sentiment among investors.
A) generated
B) generating
C) generate
D) generation -
The new product __ to meet strict environmental standards.
A) is designed
B) designing
C) design
D) designs -
The press release __ the company’s future growth projections.
A) outlined
B) outlining
C) outline
D) outlines -
The CEO __ that the new product will be a game-changer.
A) believes
B) believing
C) belief
D) believed -
The announcement __ information about the product’s availability in different regions.
A) contained
B) containing
C) contains
D) contain -
The company’s stock price __ in response to the announcement.
A) surged
B) surging
C) surge
D) to surge -
The press release __ quotes from satisfied beta testers.
A) featured
B) featuring
C) feature
D) features -
The new smartphone __ to be released in multiple color options.
A) is scheduled
B) scheduling
C) schedule
D) schedules -
The announcement __ the company’s plans for international expansion.
A) revealed
B) revealing
C) reveal
D) reveals -
The product launch __ to strengthen the company’s market position.
A) is expected
B) expecting
C) expect
D) expectation -
The press release __ with a statement from the company’s Chief Technology Officer.
A) concluded
B) concluding
C) conclude
D) conclusion
TOEIC Reading Practice: Corporate Press Releases
Part 2: Text Completion
In this section, you will read four texts with four blanks each. Choose the best word or phrase to fill each blank.
Text 1
TechInnovate, a leading technology company, today (1)__ the launch of its latest smartphone, the X1 Pro. The new device (2)__ several groundbreaking features, including an AI-powered camera system and a revolutionary battery technology. According to the company’s CEO, Sarah Johnson, “The X1 Pro (3)__ a new era in smartphone technology, offering users unprecedented performance and functionality.” The product is (4)__ to hit the shelves next month, with pre-orders starting next week.
- A) announced B) announcing C) announce D) announcement
- A) boasts B) boasting C) boast D) boasted
- A) ushers in B) ushers C) usher in D) ushering in
- A) set B) setting C) sets D) to set
Text 2
The press release (5)__ that the X1 Pro will be available in three colors: Midnight Black, Ocean Blue, and Pearl White. The device (6)__ with the latest version of TechInnovate’s operating system, which includes enhanced security features and improved user interface. Industry analysts (7)__ that the X1 Pro could significantly boost TechInnovate’s market share in the competitive smartphone industry. The company’s stock price (8)__ by 5% following the announcement.
- A) states B) stating C) stated D) state
- A) comes B) coming C) come D) came
- A) predict B) predicting C) predicted D) prediction
- A) jumped B) jumping C) jump D) to jump
Text 3
In addition to its impressive hardware specifications, the X1 Pro (9)__ a range of innovative software features. The device’s AI assistant, TechHelper, (10)__ to learn from user behavior and provide personalized recommendations. The press release also (11)__ the X1 Pro’s commitment to sustainability, with the device being made from 80% recycled materials. TechInnovate (12)__ to plant a tree for every X1 Pro sold, as part of its environmental initiative.
- A) boasts B) boasting C) boast D) boasted
- A) is designed B) designing C) design D) designed
- A) highlighted B) highlighting C) highlight D) highlights
- A) pledges B) pledging C) pledge D) pledged
Text 4
The X1 Pro launch (13)__ part of TechInnovate’s broader strategy to dominate the high-end smartphone market. The company (14)__ significant resources into research and development over the past three years to create this flagship device. Industry experts (15)__ that the X1 Pro could be a game-changer for TechInnovate, potentially catapulting the company to the top of the smartphone market. The press release (16)__ with a quote from the company’s Chief Marketing Officer, who expressed excitement about the upcoming global marketing campaign for the X1 Pro.
- A) is B) being C) be D) been
- A) has invested B) investing C) invest D) investment
- A) believe B) believing C) believed D) belief
- A) concluded B) concluding C) conclude D) conclusion
Reading product launch announcements is a crucial skill for the TOEIC exam. By practicing with these types of texts, you can improve your ability to understand corporate language and technical terminology.
Answer Key
Part 1: Incomplete Sentences
- A) announced
- A) take
- A) incorporates
- A) states
- A) rose sharply
- A) comes equipped
- C) provides
- A) face
- A) emphasized
- A) expected
- A) spent
- A) garnered
- A) is said
- D) highlights
- A) expressed
- C) includes
- A) poised
- D) mentions
- A) has planned
- A) generated
- A) is designed
- A) outlined
- A) believes
- C) contains
- A) surged
- A) featured
- A) is scheduled
- A) revealed
- A) is expected
- A) concluded
Part 2: Text Completion
Text 1:
- A) announced
- A) boasts
- A) ushers in
- A) set
Text 2:
5. C) stated
6. A) comes
7. A) predict
8. A) jumped
Text 3:
9. A) boasts
10. A) is designed
11. A) highlighted
12. A) pledges
Text 4:
13. A) is
14. A) has invested
15. A) believe
16. A) concluded
By regularly practicing with these types of exercises, you can enhance your ability to comprehend corporate press releases and improve your performance on the TOEIC Reading section. Remember to pay attention to grammar, vocabulary, and context clues when selecting the best answers.
