Islington Financial Close

RNS Number : 1271X

RM PLC

01 December 2010

 



RM confirmed as ICT provider for phase 2 of Islington BSF programme

RM confirms that it has reached financial close on a contract to provide managed ICT services for phase 2 of the London Borough of Islington's Building Schools for the Future (BSF) programme. The contract is expected to be worth up to £3.7m to RM over five years. RM will provide the services as part of Transform Schools, the Balfour Beatty consortium appointed to deliver Islington's BSF programme.

Phase 2 of Islington's BSF will provide new learning environments for two more schools in the Borough. RM will provide sophisticated ICT infrastructure, including interactive classroom technology, local networking, learning platform integration, VOIP telephony and cashless catering, supported by day-to-day management and support.

Terry Sweeney, Chief Executive of RM, said:

"I'm pleased that Islington has chosen RM, along with our Transform Schools partners, to deliver the next stage of its BSF programme. ICT is a fundamental part of the modern learning environment and we've worked hard to deliver inspiring and engaging ICT for pupils and teachers in Islington. We're looking forward to continuing with this work."

For further information, please contact:

Iain McIntosh/Phil Hemmings, RM plc	08450 700300
Juliet Clarke/James Macey White, Financial Dynamics	020 7831 3113

Notes:

1.   The RM Group is a leading provider of educational solutions that help teachers to teach and learners to learn. RM works closely with educationalists to create new products, processes and technology which improve education. RM is listed on the main market of the London Stock Exchange under the symbol RM.L, ISIN GB0002870417. Further details are available at www.rm.com/investors and through the Group's investor blog at rminvestors.wordpress.com

2.   RM announced on 9 July 2008 that, as part of the Balfour Beatty led Transform Schools consortium, it had reached financial close for a £6m contract to deliver ICT services to phase 1 of the London Borough of Islington's Building Schools for the Future (BSF) programme.

 

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