Futuremedia Announces Sales Successes
July 12 2007 - 7:19AM
PR Newswire (US)
- Hosts conference call to discuss recently completed strategic
planning session and outlook - BRIGHTON, England, July 12
/PRNewswire-FirstCall/ -- Futuremedia plc (NASDAQ:FMDA), a leading
learning and brand communications provider, today announced a
number of recent sales successes with a wide range of leading
multinational companies at both its Futuremedia Learning and Button
Divisions. In addition, the Company announced the completion of a
strategic planning session held by the senior management team
regarding the future direction and outlook for the Company.
Management will host a conference call today, July 12, 2007 at 3
p.m. U.K. Time (10 a.m. Eastern Time) to discuss highlights of the
Company's planning session and outlook. George O'Leary, CEO of
Futuremedia said, "Futuremedia is comprised of two terrific
companies that have recently delivered on a number of successful
client engagements for leading multinational companies. With the
completion of our new strategic plan and recent restructuring steps
we are better positioned to capitalize on the increasing demand
large organizations have for tailored on-the-move and mobile
learning and communications experiences. Our management teams and
employees are focused on building both businesses and delivering
improved profitability in fiscal 2008." Futuremedia Learning New
clients for Futuremedia Learning include one of the UK's leading
business process outsourcing companies, who selected Futuremedia
Learning as a framework supplier for the UK Department for
Education and Skills, initially focusing on the use of web 2.0
social networking technologies in teaching. Futuremedia Learning
also created a sales training system for the Citroen Car Company's
UK national dealership network and an iPod learning system for
management development and sales negotiation at Kiln, a leading
insurance underwriter. Continuing clients include Ashurst, BAE
Systems, Barclays, British Telecom, BUPA, the Crown Prosecution
Service, Network Rail, Unilever, and Virgin. Button Group plc
Button was the leading supplier of a range of creative and booth
construction services at 3GSM, the world's largest
telecommunications show held in Barcelona, Spain. Clients for the
3GSM show included: BlackBerry, Cap Gemini and Cisco, all brand
leaders in their sectors. The Los Angeles office also designed and
built the 3GSM stand of Spansion, a Flash memory company, before
delivering further stands in five locations across the globe,
increasing the original value of the business five-fold. At the
Currency Conference in Bangkok, Button constructed an interactive
display booth, and provided logistic services for De La Rue, the
leading printer and supplier of banknotes to many countries around
the globe. Button has also constructed one of the first ever
totally green exhibition booths, using 100 percent recyclable and
re-usable materials, including the use of organic ink and recycled
paper on behalf of Lend Lease, the international retail and
residential property group. Media events in France, such as the
Cannes Film Festival, the international music event MIDEM, TV
markets MIPTV and MIPCOM, the international real estate show MIPIM,
and the most recent Lions Advertising festival have produced
continuing sales successes with major international clients like
Discovery, Fremantle Media, Microsoft, NBC Universal, Pathe, Sony
Ericsson and Union Properties. In addition, for the international
banking group, Barclays, Button produced the Barclays Corporate
Officers Summit in London, an internal event for Barclays, attended
by 200 senior managers. Conference Call Futuremedia will host a
conference call at 3 p.m. U.K. Time (10 a.m. Eastern Time) today,
July 12, 2007, to discuss the Company's strategic direction and
outlook. To participate in the live call, please dial 0800-032-3836
in the U.K. and +1-973-935-8512 in the United States and
internationally ten minutes before the stated start time and
reference pass code 8978058. The call will also be broadcast live
on the Company's Web site located at http://www.futuremedia.co.uk/.
A replay of the conference call will be available through Thursday,
July 26, 2007, and can be accessed by dialing +1-973-341-3080. The
pass code for the replay is 8978058. About Futuremedia Futuremedia
plc is a global media company providing online education, e-
marketing and brand communications services to public and private
sector organizations. Established in 1982 and listed on the Nasdaq
in 1993, Futuremedia help its clients to communicate their values,
product and brand information to employees, customers and industry,
and believes that education, or learning, is a key component in the
communication mix. Futuremedia divisions are Futuremedia Learning
and Button Group plc. For more information, visit
http://www.futuremedia.co.uk/ "Safe Harbor" Statement under Section
21E of the Securities Exchange Act of 1934: This press release
contains forward-looking statements related to future results and
speaks only of Futuremedia's expectations as of the date hereof.
Such statements include expectations regarding: the Company's
ability to maintain its listing on the Nasdaq-CM; the expected
benefits from new sales, contracts or products; the expected
benefits and success of operations in new markets; the expected
benefits of expanding the sales operations of group companies into
new geographical markets; the expected benefits of acquisitions;
the expected benefits of financing arrangements; and the Company's
future financial condition and performance. Such statements involve
known and unknown risks and uncertainties that may cause actual
results to differ materially from expectations. The risks and
uncertainties include: risks associated with the Company's ability
to maintain its listing on the Nasdaq C-M; risks associated with
the Company's ability to develop and successfully market new
services and products (including the risk that such products may
not be accepted in the market), risks relating to operations in new
markets (including the risk that such operations may not deliver
anticipated revenue or profits); risks associated with acquisitions
(including the risk that such acquisitions may not deliver the
benefits expected by management and risks associated with
integration of acquisitions generally); risks that financing
arrangements could result in substantial dilution to shareholders
because of subscription prices below the current market value of
the Company's ADSs or other factors; risks relating to the
Company's ability to operate profitably in the future; risks
associated with rapid growth; the Company's ability to successfully
develop its business in new geographic markets; the early stage of
the e-learning market; rapid technological change and competition;
and other factors detailed in the Company's filings with the US
Securities and Exchange Commission. The Company expressly disclaims
any obligation to release publicly any updates or revisions to any
such statement to reflect any change in expectations or in
information on which any such statement is based. All product names
and trademarks mentioned herein are trademarks of Futuremedia or
their respective owners. DATASOURCE: Futuremedia plc CONTACT: U.S.,
Mike Smargiassi, or Dianne Pascarella, +1-212-986-6667, , both of
Brainerd Communicators, Inc.; or UK, Gerry Buckland for Futuremedia
plc, +44-7919-564126, Web site: http://www.futuremedia.co.uk/
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