RM Wins Share Of Derby City Council BFS Program >RM.LN

21st Jun 2010 08:41

LONDON (Dow Jones)--RM PLC (RM.LN), a provider of educational solutions that help teachers to teach and learners to learn, said Monday it has been chosen to provide managed ICT services for the Derby City Council's BSF, or Building Schools for the Future, program worth GBP35 million to RM. MAIN FACTS: -RM will provide the services as part of the Balfour Beatty Education consortium, which has been appointed preferred bidder for the contract. -The program comprises 18 establishments (secondary schools, special needs schools and pupil referral units), to be delivered over three phases. -The first three schools will open in September 2012 -RM will provide an innovative managed ICT service designed to improve attainment, expand learning opportunities, raise skill levels, and reach out to parents and carers. -Shares at 0735 GMT up 6.25 pence, or 3.8%, at 170 pence valuing the company at GBP158.81 million. -By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; [email protected] (END) Dow Jones Newswires June 21, 2010 03:41 ET (07:41 GMT)