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Digital Learning Marketplace p (ARGP)

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Tuesday 11 September, 2012

Digital Learning Marketplace p

Digital Learning Marketplace plc : AGM Statement

Digital Learning Marketplace plc : AGM Statement

Embargoed until 7am                                            11 September 2012

('DLM' or 'the Company')

AGM Statement 2012

The Annual General Meeting of Digital Learning Marketplace plc will be held today.  At the meeting its Chairman, Angus Forrest, will make the following statement:

"I am pleased to report that the changes announced on 9 August are already beginning to benefit the Company for the longer term.  There is now a clearly defined strategy within the Company focusing on delivering educational content solutions to our customers, especially via the model: "build once, sell many times". The sales pipeline is showing encouraging signs of improvement and costs have been reduced materially.

We are creating more high value opportunities, with existing and new customers, however, these take time to secure.  The first new customer was signed in July and there are several others currently in negotiation.


I look forward to making further announcements in the near future about developments of the business and its management."


For further information:

Digital Learning Marketplace plc
Angus Forrest                                                                020 7408 4720

Beaumont Cornish Limited
Roland Cornish                                                              020 7628 3396

Peterhouse Corporate Finance                                               
Jon Levinson                                                                  020 7469 0935

Northland Capital Partners (Broker)       
Tim Metcalfe                                                                    020 7796 8800

Leander (Financial PR)                                                
Christian Taylor-Wilkinson                                                 07795 168157

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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