CODA Coda

CODA plc
27 November 2006


RNS Reach Statement  - To be issued 7:00am


Chippenham, UK - 27th November 2006

CODA and RM sign partnership to supply new generation school financial
management system


     *    Delivers accurate financial data to educational stakeholders

     *    Centrally hosted system helps schools manage data efficiently

     *    Unlocks significant infrastructure savings

CODA plc, the finance systems specialist quoted on the Alternative Investment
Market (AIM; stock code: CODA), today announced that it has signed a partnership
agreement with RM to integrate CODA-Financials as the financial element of its
new generation of enterprise school management systems for primary and secondary
schools.

RM is the leading provider of information and communication technology (ICT)
solutions to schools in the UK and the leading provider of school management
systems in Australia. Worldwide, over 8,000 schools rely on RM systems to
support school business processes and inform school management. The new joint RM
and CODA solution is designed to support rigorous financial management but
implemented in a practical and straightforward way suitable for schools.

Commenting on the partnership, Colin Watson, managing director of RM Education
Management Systems, said: "We were impressed with the power, flexibility and
simplicity of CODA-Financials and believe that our new IntegrisG2 solution is
now unrivalled in the school enterprise systems market. Schools and all their
stakeholders need secure access to vital operational and performance information
and our systems make live data readily available."

Graham Steinsberg, Executive Chairman of CODA plc, added: "We are very pleased
to be partnering with RM.  This takes CODA into an important new area of the
public sector, where we believe this integrated system will be well received."


FOR FURTHER INFORMATION PLEASE CONTACT:

Graham Steinsberg, Executive Chairman             01249 467302

Archie Berens, Pelham                            0207 743 6679


ABOUT CODA

CODA creates, markets and implements a complete range of software systems
designed specifically to meet the needs of Financial Directors and Finance
Departments. These include financial management systems, analysis applications,
and business process management and control software to implement compliance
solutions. Its service oriented architecture also makes CODA software easy for
clients and other vendors to integrate with their business applications.

CODA was founded in 1979, has around 550 employees working from 13 global
locations, and is listed on AIM in London under the ticker "CODA". CODA software
is designed for multi-currency, multi-language, multi-country, multi-company and
multi-site operations, and is used by around 2,600 medium and large
organizations in over 100 countries in a variety of markets and within both
public and commercial sectors.


ABOUT RM

RM is the leading provider of ICT software, services and infrastructure to UK
schools, colleges and universities. Founded in 1973, RM has spent over 30 years
designing transformational solutions for education that are based on the needs
of teachers and learners in the classroom.

RM offers a whole host of education services, from award-winning hardware and
software products to helping schools and LEAs develop long term strategic ICT
plans. RM strives to combine quality with innovation and has won many recent
awards for its products and services, including four 2005 BETT Awards for
educational software products.

For more information, please visit www.rm.com


P221106


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

NRAMGMZMFKFGVZM

Coda (LSE:CODA)
Historical Stock Chart
From Jun 2024 to Jul 2024

Coda (LSE:CODA)
Historical Stock Chart
From Jul 2023 to Jul 2024