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Source: Futuremedia Plc
Futuremedia Recruits 15 New Members of Staff
Friday November 14, 9:00 am ET
BRIGHTON, ENGLAND--(MARKET WIRE)--Nov 14, 2003 -- E-Learning solutions provider Futuremedia Plc (NasdaqSC:FMDAY - News) today announced that it has recruited 10 new members of staff, and will be recruiting an additional 5, with skills ranging from graphical design, account management, multimedia development and project coordination. The additional employees are needed after winning a number of contracts from existing and new customers.
"We're experiencing strong growth from existing clients as well as from our acquisition of IQdos, as they have brought several projects with them," explains Mats Johansson, Futuremedia's CEO. "Our current teams have shown a great deal of motivation and commitment to elevate the company to this level and we need extra permanent staff to ensure our customers' needs are met. We anticipate that the cost of the new recruits will in future quarters be more than offset by the projected increase in revenue attributable to their activities."
To support the Company's growing Learning For All business following the completion of the Royal Mail contract announced last week, the Company has also recruited Stuart Pembery and Natalie Gwilt to lead Learning for All™ projects with customers.
Stuart and Natalie, who already have joined the Company, both bring significant experience of how to successfully sell and implement similar programmes for different clients.
Stuart, previously with Qick Plc, has during the last three years specialised in the provision of Home Computing Initiative schemes. He conceived and led projects to deliver a completely managed home computing service, including an innovative in-home installation programme and all the back office systems required to manage a high-volume customer led business.
Natalie was a Sales Manager with Dell Computers for eight years until 2001. During her last three years there she specialised in developing, winning, and implementing employee PC schemes. During that time Natalie was responsible for winning a number of large new customers for Dell's Tax Benefit Scheme. "The completeness of Futuremedia's offering has convinced me to join the Company," she stated.
About Futuremedia
Futuremedia Plc (est. 1983) is a Solutions Provider in the growing e-learning market with 20 years experience in the interactive media field supplying products and services to industrial and commercial business sectors and government, mainly in the UK and Continental Europe.
The Company has a proven track record in providing knowledge and training via Solstra, its proprietary Learning Management System which in its largest application has a capacity for 240,000 users.
Futuremedia's customers include BT, BUPA, Channel Four, Daimler Chrysler, GSK, Hilton International, IDEA, Royal Mail and Syngenta. Training content from partners Centra Software, NETg, Skillsoft and SmartForce is supplied and supported.
Futuremedia can be found on the Web at 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 the Company's expectations as of the date hereof. Such statements include discussions concerning Company's future financial performance and the future performance of the Company's products. Such statements involve known and unknown risks and uncertainties that may cause actual results to differ materially from expectations. The risks and uncertainties include the early stage of the Internet and intranet learning and communications market, the management of growth, the ability of the Company to develop and successfully market new products, 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.
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Futuremedia Recruits 15 New Members of Staff
Friday November 14, 9:00 am ET
BRIGHTON, ENGLAND--(MARKET WIRE)--Nov 14, 2003 -- E-Learning solutions provider Futuremedia Plc (NasdaqSC:FMDAY - News) today announced that it has recruited 10 new members of staff, and will be recruiting an additional 5, with skills ranging from graphical design, account management, multimedia development and project coordination. The additional employees are needed after winning a number of contracts from existing and new customers.
"We're experiencing strong growth from existing clients as well as from our acquisition of IQdos, as they have brought several projects with them," explains Mats Johansson, Futuremedia's CEO. "Our current teams have shown a great deal of motivation and commitment to elevate the company to this level and we need extra permanent staff to ensure our customers' needs are met. We anticipate that the cost of the new recruits will in future quarters be more than offset by the projected increase in revenue attributable to their activities."
To support the Company's growing Learning For All business following the completion of the Royal Mail contract announced last week, the Company has also recruited Stuart Pembery and Natalie Gwilt to lead Learning for All™ projects with customers.
Stuart and Natalie, who already have joined the Company, both bring significant experience of how to successfully sell and implement similar programmes for different clients.
Stuart, previously with Qick Plc, has during the last three years specialised in the provision of Home Computing Initiative schemes. He conceived and led projects to deliver a completely managed home computing service, including an innovative in-home installation programme and all the back office systems required to manage a high-volume customer led business.
Natalie was a Sales Manager with Dell Computers for eight years until 2001. During her last three years there she specialised in developing, winning, and implementing employee PC schemes. During that time Natalie was responsible for winning a number of large new customers for Dell's Tax Benefit Scheme. "The completeness of Futuremedia's offering has convinced me to join the Company," she stated.
About Futuremedia
Futuremedia Plc (est. 1983) is a Solutions Provider in the growing e-learning market with 20 years experience in the interactive media field supplying products and services to industrial and commercial business sectors and government, mainly in the UK and Continental Europe.
The Company has a proven track record in providing knowledge and training via Solstra, its proprietary Learning Management System which in its largest application has a capacity for 240,000 users.
Futuremedia's customers include BT, BUPA, Channel Four, Daimler Chrysler, GSK, Hilton International, IDEA, Royal Mail and Syngenta. Training content from partners Centra Software, NETg, Skillsoft and SmartForce is supplied and supported.
Futuremedia can be found on the Web at 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 the Company's expectations as of the date hereof. Such statements include discussions concerning Company's future financial performance and the future performance of the Company's products. Such statements involve known and unknown risks and uncertainties that may cause actual results to differ materially from expectations. The risks and uncertainties include the early stage of the Internet and intranet learning and communications market, the management of growth, the ability of the Company to develop and successfully market new products, 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.
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