Press Release

05/27/2010

Need for Value Pervades Education 2010 Conference Against a Background of Spending Cuts

LG Electronics: “committed to helping education do more for less”

 

Slough, 27 May 2010 – LG Electronics Business Solutions (LG) hit the right note throughout its presentation at Education 2010, emphasising how schools can benefit from radical cost savings by installing its Network Monitor solution rather than conventional PCs. Speaker, Barrie Guy, general manager, LG Business Solutions, described to an audience mainly made up of teachers, head teachers and other education specialists, how the solution typically halves capital costs and saves annual energy costs by up to 80%.

 

The conference took place at the Queen Elizabeth II Centre, London just as the new coalition parliament was being opened by the Queen over the road at the Palace of Westminster. Consequently, the thoughts of delegates were very much on spending cuts, the need for greater frugality, the closure of BECTA and threat of further budget reductions.

 

“In the conference’s opening speech, Dale Basset, a senior researcher at Reform said he predicted that businesses would need to help education even more in the future. LG is committed to doing just this – particularly at this crucial time when diminishing budgets need solutions which do more for less, without compromising quality,” said Barrie Guy, general manager, LG Business Solutions.

 

Guy introduced Martin Moore of Waltham Forest College, London who told a familiar tale of his college’s need to curb rising utility bills, renew ageing hardware and electrical circuits but still raise standards and access to ICT. This was despite increasing class sizes, security problems and restrictive budgets, he explained.

 

He described how his new LG solution, “ticks every box on every policy paper including the green agenda” and in three or four years time he would be saving around 90% of current budgets or the equivalent.

 

The LG Network Monitor solution works by sharing the processing power of one single host PC among multiple users. This multi-user network enables up to 11 users, each with their own monitor keyboard and mouse – to share a single PC tower. Teachers can monitor the work of every pupil, interacting with individuals by using instant messenger without disturbing the entire class.

 

Longer term view needed

 

At the morning panel question and answer session, Barrie Guy was asked his view on the closure of BECTA, the government agency for technology in learning. He said that he believed it was beneficial to take a longer term view of the procurement of ICT, taking into account total cost of ownership, support and maintenance. “By partnering directly with vendors such as LG, schools and other educational establishments can better plan for the long-term, considering return on investment, depreciation of hardware, replacement and the increasingly important issue of disposal according to WEEE guidelines,” he said.

 

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About LG Electronics, Inc.

LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing more than 84,000 people working in 115 operations including 84 subsidiaries around the world. With 2008 global sales of $44.7 billion, LG comprises of five business units – Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning and Business Solutions. LG is one of the world’s leading producers of flat panel TVs, audio and video products, mobile handsets, air conditioners and washing machines. LG has signed a long-term agreement to become both A Global Partner of Formula 1™ and A Technology Partner of Formula 1™. As part of this top-level association, LG acquires exclusive designations and marketing rights as the official consumer electronics, mobile phone and data processor of this global sporting event. For more information, please visit www.lge.com.


About LG Electronics Business Solutions Company

The LG Electronics Business Solutions Company is a leading business-to-business (B2B) infotainment company, developing a broad range of top-class digital devices and solutions including LCD monitors, commercial displays, car infotainment and security systems. LG anticipates future business trends and provides unique devices and services that offer smart and reliable solutions to meet the needs of business partners and customers.

 

For further information please contact:

 

LG Electronics

Sarah Brambley

sbrambley@lge.com

+44 (0) 1753 491 628

 

The Whiteoaks Consultancy

Sian Glennane   

siang@whiteoaks.co.uk

+44 (0) 1252 727313

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