RM PLC - BETT Announcement
RM PLC
09 January 2008
9th January 2008
RM shows products for the school of the future at BETT 2008
RM will once again be demonstrating innovation and leadership at BETT, the
world's leading educational ICT event, which opens today at Olympia, London.
With seven RM Group companies exhibiting, including recent additions DACTA and
SpaceKraft, this is RM's largest ever presence at BETT. Products and services
range from the revolutionary RM Asus miniBook one-per-pupil computer, through
learning platforms and educational software, to IT-controlled 'sensory
environments' for special needs pupils.
In addition, RM is also hosting the 'Inspiration Centre' at the adjacent Olympia
2 conference centre. The Inspiration Centre provides an opportunity for visitors
to BETT to take an in-depth look at RM's latest technology, participate in
strategic consultation sessions, discuss BSF projects and catch up with
colleagues during the four days of the show.
Analyst and Investor briefings
RM will host briefings for investment analysts and institutional investors on
the Thursday and Friday of BETT. These briefings will include product
demonstrations, a visit to the show and presentations from the Group's senior
management. A presentation will be available at www.rm.com/investors from 17:00
on Thursday 10 January. No update on trading will be given.
Commenting on BETT, Tim Pearson, CEO of RM, said:
'BETT is a major meeting point for the educational ICT community - not just in
the UK but increasingly internationally as well - it's a great opportunity to
catch up with the latest developments in educational ICT. For RM, it's an
invaluable opportunity to meet current and potential customers and to showcase
our products and services.
'With seven RM Group companies exhibiting this year, we'll be showing our widest
ever range of products and services. These include teaching & learning
resources, learning platforms and assessment software, as well as the hardware
and infrastructure required to run them. Our aim for BETT is to demonstrate how
these products can make a profound difference to teaching and learning.
'Just as importantly, with 30,000 educationalists attending, BETT allows us to
understand what leading educational practitioners are thinking and doing. This
year, for instance, we'll again be hosting a lunch on the opening day for over
500 policy makers and influential local authority ICT specialists, including BSF
teams. We're also supporting the first London Edition of TeachMeet, an 'informal
gathering for those curious about technologies and teaching.'
For further information, please contact:
Mike Greig/Phil Hemmings, RM plc 08450 700300
Mark Antelme, Brunswick 020 7404 5959
Notes:
Founded in 1973, the RM Group is a leading provider of educational products and
services to schools, colleges and universities, local government and central
government education departments and agencies. RM works closely with
educationalists to create new products, processes and technology which improve
teaching and learning. RM is listed on the main market of the London Stock
Exchange under the symbol RM.L.
BETT is an annual exhibition showcasing educational technology, organised by
BESA (the British Educational Suppliers Association) and EMAP. It is the year's
major meeting point for the educational ICT community, attracting an audience
including senior policy makers as well as teachers and school managers. With
30,000 attendees and approximately 700 exhibitors, it is the world's largest
educational technology exhibition. BETT 2008 takes place at Olympia, London from
9 January to the 12 January, and will be officially opened by Jim Knight,
Minister of State for Schools and Learners at the Department for Children,
Schools and Families.
Featured products from the RM Group on show at BETT 2008 include:
• Community Connect 4 - the latest version of RM's market-leading
network infrastructure software for schools.
• Kaleidos Learning Platform - an innovative software system
supporting teaching & learning workflow, and communications &
collaboration between teachers, learners and parents/carers.
• Honeycomb - Softease's Web-based collaboration and creativity
environment, which gives pupils a safe and educationally-useful way
to make user-generated content.
• i-nfer plan - an e-assessment solution system developed in
partnership with NFER (National Foundation for Educational
Research), which provides topic-level challenges that are
automatically marked with results and analysis presented online.
• IntegrisG2 - RM's Web-delivered school management and administration
solution.
• PC hardware - RM's range of educationally-differentiated computer
products, including RM One, RM Mobile One, ecoquiet and the
revolutionary RM Asus miniBook.
• FUSE - a software toolkit that allows non-programmers to quickly and
easily create Web-delivered curriculum applications.
• scoris - the e-marking software, which forms the core of RM's
outsourced examination and assessment services.
• TTS Group - a growing range of electronic learning products, now
including: Easi-Speak, a classroom MP3 recorder; Tuff-Scope, a
digital microscope; and Talk Time, talking, recordable postcards.
RM Group stands can be found at:
• RM - Stands C60/D60
• DACTA - Stand C79
• Forvus - the Inspiration Centre
• Sentinel Products (Ranger) - Stand C100
• Softease - Stand E60
• SpaceKraft - Stand SN60
• TTS - Stands P1/P5
RM made the following comments on prospects in its preliminary results
announcement:
As we always say at the time of our preliminary results statement, it is too
early in the year to give any meaningful outlook for FY2008 as a whole. RM is a
seasonal business, with the majority of revenue and profit occurring in the
second half. However, the substantial year-on-year increase in committed
revenues clearly shows that the visibility of RM's future business is much
improved.
BSF remains the single most important driver of the Group's future success. By
any measure, we've had an excellent year for project wins in FY2007 and have set
our future project win rate (by value) target higher as a result. BSF is a
long-term investment case - longer than many others in the software and computer
services sector. The projects won in FY2007 will not significantly impact
revenues and profits before FY2009/10, whilst bidding costs for these projects
have already been expensed. However, with the projects we have already won and
those we expect to win over the next few years, we anticipate the profit
contribution from BSF will exceed bid costs in FY2010.
Each of our focus areas is progressing well: Learning Technologies has an
extremely strong set of innovative products covering all of the important areas
of schools ICT infrastructure; Education Resources has now reached significant
scale; Assessment and Data Services has moved from piloting and exploration to
delivering mainstream outsourced examination services; and Education Management
Systems is reaching the end of a period of investment in product development.
RM is a group of business wholly focussed on education. With consistent
education spending growth - both in the UK and across the world - we're aiming
for growth.
This information is provided by RNS
The company news service from the London Stock Exchange
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