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 KDBDK

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