Teachers TV Contract Update

13 Mar 2008 07:01

Ten Alps PLC13 March 2008 13 March 2008 Ten Alps Plc Preferred supplier status awarded on Teachers' TV contract Factual media company Ten Alps announces that Education Digital 2 Limited, aconsortium in which Ten Alps' subsidiary Brook Lapping is a 75% shareholder, hasbeen informed by the Department for Schools, Children and Families that itsTeachers TV tender submission has now achieved preferred supplier status. The other participant in the consortium is Independent Television News (ITN),which has a 25% stake. The contract negotiation process is expected to take about 6 weeks, with the newfive-year contract starting thereafter. Media enquiries:Pelham, Financial PRAlex Walters/ Hugh Barker Tel: +44 (0) 20 7743 6670 www.pelhampr.com Ten Alps PlcAlex Connock, Chief Executive Tel: +44 (0) 20 7878 2311c/o Moira McManus www.tenalps.com Collins Stewart, Nominated AdviserChris Wells / Mark Connelly Tel: +44 (0) 20 7523 8350 www.collins-stewart.com About Ten Alps Ten Alps Plc is a factual media company - on TV, online and in print. As a multi-platform producer, it engages with audiences and customers across allmedia outlets. Ten Alps has market-leading positions in all its three key areas of output. • On TV it produces for Dispatches, Panorama and other key factual programmes for Channel 4, the BBC and international broadcasters. One of its companies is preferred supplier for a major five-year government contract to operate the Teachers TV channel. • Online it produces Kent TV, the first fully local authority-funded broadband TV service in the UK, alongside B2B websites and online TV projects, such as the forthcoming Vets TV. It also produces online TV advertising. • In Print it is one of the UK's largest contract and specialist publishers, with a growing portfolio of 740 titles across specialist media sectors including finance, environment, public sector and international trade. Ten Alps was founded in 1999 by Alex Connock and Bob Geldof. It has over 650 staff with main offices in London and Manchester, and smalleroffices in Dublin, Edinburgh and Gateshead. Ten Alps has had seven consecutive years of growth since listing on AiM in 2001,with turnover rising from £2m to a forecast £78m in the financial year to March31 2008. During that period, sixteen acquisitions have been made: in factual TV(including leading producers Brook Lapping and Blakeway), online (videoadvertising producer MMA, CSR specialists DBDA ) and in print (McMillan Scott,Mongoose, Atalink, Camerons, Sovereign - all of which now have substantialonline portfolios.) Only one equity funding has been made since 2001. www.tenalps.com This information is provided by RNS The company news service from the London Stock Exchange