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Monday, 04/25/2005 9:59:08 AM

Monday, April 25, 2005 9:59:08 AM

Post# of 7045
FMDAY News:

(PR NEWSWIRE) Futuremedia Awarded e-Learning Contract by Barclays
Futuremedia Awarded e-Learning Contract by Barclays

BRIGHTON, England, April 25 /PRNewswire-FirstCall/ -- Futuremedia plc
(Nasdaq: FMDAY), a leading European e-learning content and services provider,
today announced the launch of a learning portal for the Barclays Wealth
Academy, building a community of wealth professionals within Barclays Private
Clients division. This division offers a range of financial services to
Barclays high net worth clients, including private banking, estate planning
and stockbroking.
The design and development of the portal, created in partnership with
Barclays, carries a large amount of learning content provided by wealth
experts -- allowing users to tap into existing expertise from within and
outside the Barclays organization. Together with the opportunity for two-way
communication to all of Barclays Private Clients staff, some 7,000 employees,
it provides just-in-time access to knowledge and best practice.
Paul Rudd, Director of the Wealth Academy said, "We are delighted to
announce the launch of this initiative, which will help our wealth managers
provide up-to-date, technically correct advice and excellent client service.
The portal has been implemented at great pace -- in only six weeks, which is a
record for the creation of a sophisticated learning solution within Barclays,
but everything we have done has been validated at senior level by the
business. The quality of the end product is a tribute to the rigorous design
processes that have been employed, and to our close relationship with the team
from Futuremedia. They responded with great professional ability to a complex
and difficult task."
Leonard M. Fertig, CEO of Futuremedia, said, "Our relationship with
Barclays Wealth Academy is proof of Futuremedia's ability to provide advanced
learning solutions for clients who demand answers to complex challenges, at
pace. Working alongside Barclays, we created the Wealth Academy portal in only
six weeks; its launch is the beginning of a number of community based learning
portals we are jointly developing."
About Barclays Wealth Management:
Barclays wealth management business sits within its Private Clients
division, and regards its people as fundamental to business success -- it is
critical they are of the right quality and have the right level of expertise.
This focus on quality has already ensured Private Clients is the leading
branded European affluent bank and the number one retail stockbroker. Barclays
Wealth Academy has been established, with its strapline of "mind enriching",
as a clear demonstration of commitment to developing employees.
About Futuremedia:
Futuremedia is a leading company in the e-Learning market with 20 years
experience in providing technology-based solutions to public and private
sector organizations. Services include: learning consultancy, custom made
learning programs, an extensive library of published courseware titles and
needs analysis and follow up of individual employees.
Futuremedia's customers include Britvic, BT, BUPA, Capita, the UK Crown
Prosecution Service, Channel Four, Daimler Chrysler, GSK, Hilton
International, IDEA, ING Direct, the UK National Health Service, Royal Mail,
Syngenta, Winterthur Life and a growing number of UK local authorities. The
Company is partnered with Fujitsu-Siemens, Microsoft, Thomson NETg and
SkillSoft in delivering its products and solutions.
"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 Information:
Mike Smargiassi, or Corey Kinger, both of Brainerd Communicators, Inc., +1-212-9
6-6667, or ir@futuremedia.co.uk, for Futuremedia plc

WebSite:
http://www.futuremedia.co.uk
*** end of story ***


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