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Digital Learning Marketplace p (ARGP)

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Tuesday 14 August, 2012

Digital Learning Marketplace p

Digital Learning Marketplace plc : Agreement an...

Digital Learning Marketplace plc : Agreement and contract wins

                                                                             14 August 2012

Digital Learning Marketplace plc
(DLM or the Company)

Agreement and contract wins

The directors are delighted to announce that DLM has signed an agreement with a FTSE 100 company to produce a range of digital learning products with online and video content.  These products will be distributed to major corporates worldwide, and the first two contracts have already been secured.

The value to DLM of the secured contracts is in excess of £350,000 and the directors expect that there will be material increments for every additional contract signed with a major corporate.  Discussions are being held with other major corporates and further contract wins are expected.

This is the first commercial contract resulting from the development of the Digital Learning Marketplace Platform for distributing truly digital corporate learning materials.

The directors of DLM believe that this partnership is the first of several that will be signed, each of which will bring in a number of orders valued over £100,000 over the next six months.  

For further information:

Digital Learning Marketplace Plc                        Tel: 020 7408 4720
Angus Forrest

Beaumont Cornish Limited (NOMAD)                Tel: 020 7628 3396
Roland Cornish

Peterhouse Corporate Finance                           Tel: 020 7469 0935
Jon Levinson / Peter Greensmith

Northland Capital Partners Limited (Broker)      Tel: 020 7796 8800
Tim Metcalfe

Leander (Financial PR)                                         Tel: 07795 168157
Christian Taylor-Wilkinson

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Digital Learning Marketplace plc via Thomson Reuters ONE


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