Futuremedia plc (NasdaqCM: FMDAY), a leading European e-learning and managed benefits services provider, yesterday successfully launched flexsmartTM, a next generation managed benefits product, at the Northern Employee Benefits Conference, Manchester, UK.
FlexsmartTM builds on the original ideas behind the UK’s Home Computing Initiative, focusing on providing valuable learning resources, improving computer skills throughout the UK’s workforce and helping bridge the digital divide, along with helping employers improve employee retention.
Through flexsmartTM, employees will be able to purchase competitively priced computer equipment from PCWorld and other suppliers. They will also become members of e-lifeTM, the online community created by Futuremedia to enable employees across the UK to develop and enhance their professional, personal and family lives through a comprehensive range of learning tools. Also included in the flexsmartTM package will be online and telephone support, plus optional sessions with a personal trainer to ensure employees are able to make the most of e-lifeTM.
Speaking from the conference, Vice President, Managed Benefits, Stuart Pembery said, “We are thrilled to have received such a high level of interest in flexsmartTM and e-lifeTM at this event. We have been able to incorporate both our e-learning expertise and the knowledge gained through running the most successful HCI schemes in the country to put together a benefits package that is unrivalled in the UK market. Once again, we are providing valuable educational tools while making computer equipment available to all.”
About Futuremedia:
Futuremedia is a leading provider of next-generation, value-driven e-learning content and services to public and private sector organizations. Backed by two decades of experience, the Company's content and services offerings include learning consultancy, Learning Management Systems, custom made learning programs and an extensive library of published courseware titles. The Company is also recognized as a pioneer and leader in the development and delivery of a range of fully managed, outsourced employee benefit programs for large organizations.
"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 expected benefits from new products, the 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 risks associated with the Company's ability to develop and successfully market new services and products such as the those discussed in this release, 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.
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Contact Information:
US - Mike Smargiassi/Corey Kinger
Brainerd Communicators, Inc.
+1 212 986 6667
ir@futuremedia.co.uk
UK - Gerry Buckland
+44 7919 564126
info_db@mac.com
