Contract Extension

RNS Number : 2487G

RM PLC

10 May 2011

 



10 May 2011

RM Education awarded four year extension to its onscreen marking contract with the International Baccalaureate

RM Education, the international education group, and the International Baccalaureate® (IB), have agreed an extension to the existing contract to provide onscreen marking services, taking the period over which RM will provide online marking services to the IB to early 2020. 

Under the agreement, RM Education will also provide significant enhancements to its world-class scoris online marking platform which the IB uses to mark examinations electronically. The new functionality will include multi-language capability (including French and Spanish), support for a wider range of operating systems and a pilot of a new results portal.  The new services, worth £7m, have been signed as a series of new service contracts under a framework agreement reached between RM and the International Baccalaureate in 2009.

IB Director General, Jeffrey Beard, said:

"With the anticipated strong demand for IB programmes between now and 2020, we require the best possible systems and services to support the way in which we handle marking. We have been delighted by the spirit of open partnership with which RM have approached their e-marking service for us to date.  We are confident that this agreement will allow us to maintain the quality and reliability of our assessment operations into the future, and at the same time serve many more schools."

Chief Executive of RM Education, Terry Sweeney said:

"We are delighted to extend our relationship with the International Baccalaureate who are one of the world's most important providers of qualifications. This partnership, based on our innovative scoris platform, will help provide all those involved in taking or grading exams with the reliable, easy to use systems they require."

For Further information contact: Iain McIntosh / Terry Sweeney RM plc 08450 700300 James Macey White Financial Dynamics 020 7831 3113

Notes

1.   The RM Group is an international education company, focusing on helping teachers to teach and learners to learn. We provide innovative products ranging from classroom resources, through school technology, to systems for marking exams and delivering school performance data. Our customers include schools, colleges & universities, local governments, and central government education departments & agencies. RM is listed on the main market of the London Stock Exchange under the symbol RM.L, ISIN GB0002870417. Further details are available at www.rm.com/investors and through the Group's investor blog at rminvestors.wordpress.com

2.   The International Baccalaureate offers three high quality and challenging educational programmes for a worldwide community of schools. Over 40 years, the programmes have established a reputation for their high academic standards, for preparing students for life in a globalized 21st century, and for helping to develop the future citizens who will create a better, more peaceful world. There are over 3,000 IB World Schools across 141 countries.

 

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