Statement on JAM
15 März 2007 - 2:06PM
UK Regulatory
RNS Number:0368T
Tinopolis PLC
15 March 2007
15 March 2007
Tinopolis plc ("Tinopolis" or the "Company")
Response to BBC statement on JAM
The Company notes the announcement yesterday by the BBC Trust that it is
suspending its on-line education service, BBC Jam, pending a review. It is not
clear whether the suspension will become permanent or whether the project will
be restructured to appease commercial suppliers of on-line education.
The Company confirms that it currently has a number of contracts with BBC Jam
but that it is too early to say what effect, if any, this suspension will
have on the Company. It is understood that the BBC, recognising the potential
impact of suspension on its own staff as well as suppliers, is considering how
the suspension should be managed. The Company believes that it would be
entitled to compensation in the event that any of its contracts are terminated.
A further announcement will be made in due course.
Enquiries:
Tinopolis Plc.01554 880880
Ron Jones, Executive Chairman
Arwel Rees, Managing Director
This information is provided by RNS
The company news service from the London Stock Exchange
END
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