Rm Regulatory News (RM.)

7 Jan 2009 07:00



Computrac classroom technology chosen by Cobb County School District

RM Group company, Computrac, has been selected by Cobb County School District (the 2nd largest K12 School District in Georgia) to provide interactive classroom solutions as part of the District's major plans to implement interactive technologies in its 114 schools. The District expects to spend over $32 million over the next several years to implement interactive technologies in over 8,000 K12 classrooms.

Computrac has been awarded an initial contract valued at approximately $18m to provide and install audio-visual equipment. In addition, in a separate contract worth up to $14m, Computrac, along with two other vendors, has been selected to provide additional interactive classroom devices. The Interactive Project is scheduled to begin shortly and be completed over the next few years subject to annual re-evaluation.

Commenting on the contract awards, Terry Sweeney, Chief Executive of RM, said:

"It's great news to be announcing Computrac's first major win since they became part of the RM Group. Cobb County School District was already a significant customer and we're delighted that they've chosen to continue working with us - it's a clear endorsement of Computrac's products and services."

Mr. Chris Ragsdale, CTO of Cobb County School District, said:

"Interactive technology is rapidly becoming an important part of the educational process in Cobb County schools. Computrac has consistently provided us with high quality and innovative products as well as excellent service. We are looking forward to continuing to work with the Computrac team in providing classroom environments that truly help our students and teachers improve the learning process by effectively using technology to enhance the delivery of educational curriculum to our students." Kevin Pawsey, International Managing Director of RM, said:

"I'm delighted that Computrac's success continues. It's also good to see that Cobb County School District has chosen RM Easiteach software as one of the framework products. I'm looking forward to working with all educators in Cobb County Schools and I'm confident that, as part of the RM Group, Computrac will be able to do even more to assist students and teachers in the School District's educational process."

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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, ISIN GB0002870417. 

Computrac, provider of "The Total Classroom Solution", is a leading supplier of interactive classroom technologies, focused on K12 schools in the South Eastern United States. Computrac was acquired by RM in November 2008.