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Thursday, 04/14/2005 9:33:07 AM

Thursday, April 14, 2005 9:33:07 AM

Post# of 7045
Rolled the dice on FMDAY yesterday at .38 wish me luck.

(COMTEX) B: Futuremedia Announces Agreement with Dyson Limited to Provide
ome Computing Initiative Tax-Efficient Benefits Packa
B: Futuremedia Announces Agreement with Dyson Limited to Provide Home Computing
nitiative Tax-Efficient Benefits Package ( PRNewswire-FirstCall )

BRIGHTON, England, April 14, 2005 /PRNewswire-FirstCall via COMTEX/ --
Futuremedia plc (Nasdaq: FMDAY), a leading European e-learning content and
services provider, today announced an agreement with Dyson Limited, the creator
of the Dyson Cyclone vacuum cleaner, to provide home computers to all eligible
Dyson employees under the government's Home Computing Initiative (HCI).

The Futuremedia package gives employees the opportunity to lease an
Internet-ready, fully installed PC or the lease of an Apple computer at below
high street prices, typically a saving of 40%, for a period of three years.
Futuremedia expects to launch its first phase of the HCI program to Dyson
employees in April 2005.

Leonard M. Fertig, Chief Executive Officer of Futuremedia, said, "We are
delighted to partner with Dyson, an innovator and leader in its industry, in
providing these benefits to their more than 1,000 employees. Dyson
revolutionized the way people look at vacuum cleaners and is once again
exercising its leadership to its employees though this benefits program. Our
Learning For All(TM) (LFA) service offering has made Futuremedia a pioneer and
leader in the creation of HCI benefits packages and we continue to capitalize on
this position as we expand our client base."

Martin McCourt, Dyson's Chief Executive Officer, said, "This is an incredible
benefit that enables our employees to secure a home computer at a reduced price.
We selected Futuremedia as our partner due to their leadership and innovation in
the HCI field and we are pleased to provide our employees with their benefit
program."

About Dyson:

James Dyson invented and patented the Dyson Dual Cyclone(TM) vacuum cleaner
technology which uses centrifugal force and doesn't lose suction. With its
headquarters in Malmesbury, England, more than a quarter of its workforce are
scientists and engineers, creating better and different products and
technologies in Dyson's Research Design and Development Centre. Dyson has
received numerous awards for technological innovation including the Industrial
Design Prize of America, Chicago Athenaeum Good Design Prize, the European
Design Prize, the Super Good of the Year (Japan), the L'Etoile de l'Observeur du
Design (France) and was cited as one of Time magazine's "coolest inventions of
2003."

About Futuremedia:

Futuremedia plc is a leading provider of value-driven e-learning content and
services to employers and employees. The Company has a proven track record of
developing and providing tailored, fully managed outsourced benefit programs for
large organizations and is a leader in the UK's Home Computing Initiative
Program. Futuremedia's content and services offerings include learning
consultancy, Learning Management Systems, custom made learning programs and an
extensive library of published courseware titles.

Through its Learning For All(TM) (LFA) service offering, the Company is a
pioneer and leader in the creation, development and delivery of employee
benefits programs that fall under the government Home Computing Initiative
(HCI). A fully managed service, Futuremedia can provide employees with access to
an Internet-ready, fully installed home computer with on-line learning content
at a discounted cost through government tax incentives. Futuremedia currently
serves 20 corporations and institutions and over 27,000 enrolled employees
through its HCI initiatives. Futuremedia has also expanded its employee tax
benefits management program to include services offered under the childcare
voucher system and tax-free bicycle initiatives in the UK. Futuremedia Plc
appears on the official supplier listing of the HCI Alliance as a Founder HCI
Alliance Provider Partner. Please see the HCI Alliance website for the listing
criteria: http://www.ukhomecomputing.co.uk.

"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 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 new contracts (including the possibility that contracts may be
terminated or not completed due to factors beyond the Company's control), risks
associated with the Company's ability to develop and successfully market new
services and products (including products and services based on government
tax-benefit programs), 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.

SOURCE Futuremedia plc


CONTACT: Mike Smargiassi or Corey Kinger, Brainerd Communicators, Inc.
+1-212-986-6667,
ir@futuremedia.co.uk, for Futuremedia plc

URL: http://www.prnewswire.com
http://www.ukhomecomputing.co.uk
www.prnewswire.com

Copyright (C) 2005 PR Newswire. All rights reserved.

-0-


KEYWORD: England
INDUSTRY KEYWORD: CPR
EDU
MLM
FIN
HOU

*** end of story ***


Wise

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