RNS Number:5685E
RMR PLC
1 June 2001



RMR plc ("the Company") - Strategic Repositioning

In line with the strategic development of RMR's software platforms,
organisations are now able to use its internally developed software to
disseminate content to their relevant audiences through platforms such as
online events, knowledge management portals and e-learning facilities. All of
these three software platforms can be offered on an Application Service
Provider (ASP) basis.

The Board believes that the ASP model not only offers a broader revenue stream
for the Company but one which is less risky as revenues are not solely derived
from selling advertising space on the Company's own self-commissioned online
conferences.

The Company has now decided to move away from producing its own
self-commissioned events and will instead seek to produce online events in
closer partnership with third parties who already have existing content and
community. The online conferences that are in the process of being organised
to take place between June 2001 and November 2001 will go ahead as scheduled.

As a result of this decision, the Company is scaling back headcount in its
conference research, editorial and sales teams. This is likely to result in a
reduction in its UK staff from 82 employees to around 40 employees. The
Company is now embarking on the relevant consultation process and this is
expected to be completed by early July 2001.

As a result of this repositioning, the Board believes that it will be in a
stronger position to invest further in the Company's work on software product
development.


1 June 2001
Rome Resources (LSE:RMR)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Rome Resources Charts.
Rome Resources (LSE:RMR)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Rome Resources Charts.