RM confirmed as ICT provider

RNS Number : 3076T

RM PLC

27 September 2010

 



27 September 2010

RM confirmed as ICT provider for Somerset schools programme

RM is pleased to confirm that financial close has been achieved with Somerset County Council for a contract to provide managed ICT services for three schools in Somerset within the BSF (Building Schools for the Future) Programme. RM will deliver the services as part of a consortium led by BAM. The Group previously announced on 23 February 2010 that the BAM consortium had been appointed preferred bidder for the programme.

The contract is expected to be worth £4.2m to RM over five years.  The Managed Service will commence in Autumn 2012. RM will provide a sophisticated managed service to schools, including in-school hardware, networking and communications services, and day-to-day management and support. In addition, RM will offer its Kaleidos learning platform, EasyTrace access control and cashless catering products, and a continuing professional development programme.

Terry Sweeney, Chief Executive of RM, said:

"It's great news that we have been able to reach financial close for the 'sample' schools in the Somerset schools programme. We look forward to working with our partners in the BAM consortium, with teachers in Somerset and with Somerset County Council, to provide great learning environments for pupils in Bridgwater."

For further information, please contact:

Iain McIntosh/Phil Hemmings, RM plc	08450 700300
Chris Blundell/Leonora Burtenshaw, Brunswick	020 7404 5959

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.   The BAM consortium, including RM, announced on 23 February 2010 its appointment as preferred bidder for the Somerset programme and indicated that the contract would be worth £8.1m. Following its review of the BSF programme in July 2010, the Department for Education confirmed that only the three 'sample' schools included in Somerset programme would go ahead.

 

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