SMART Technologies grow their market share

SMART Technologies, market leading manufacturer of the SMART Boardä interactive whiteboard have increased their market share significantly by an additional 7%. SMART Technologies now have a 47.4% Market Share, and retain their number one market share ranking (DTC Q1 2004) .

SMART Technologies have continued to grow their market share both quarter-on quarter, and year-on-year. The SMART Board is to be found being used in many sectors of the overall market. However, it was originally designed with the education market in mind, and with Charles Clarke’s commitment to the technology, this quarter has seen significant expansion and growth for the product in this market segment. Appreciating that not all teachers are comfortable with new or complex technologies, SMART designed their boards to be sophisticated in their functionality, but easy to use. The natural application, with familiar tool bars, means that even untrained teachers and pupils are comfortable working with the interactive board. The fact that the SMART Board is the only board to offer dual functionality of both touch and pen broadens the teaching pedagogy.

Wayne Perkins Director of SMART Technologies at Steljes, the UK’s exclusive distributor of the products comments, "as predicted, and expected, the first quarter of 2004 saw very significant growth in the interactive whiteboard market; 58% percent growth for the market is excellent. We are thrilled that even against such a high overall growth rate, we still managed to grow above the market rate, recording growth of some 69%. We take nothing for granted, but we see these results as testament to SMART Technologies outstanding innovation and development of appropriate education sector applications, and the unrivalled and unsurpassed ability of our resellers to unlock the potential of such a compelling product to the user. The first quarter of this year gives us great confidence for the remainder of the year."

For further information please contact:
Rachael Smith
Tel: ++44 01932 829 077
Fax: ++44 01932 827 576

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