Yes, the train to Exeter and Torquay on Platform 11 is 2 minutes late. I'm guessing from the gaps between place names that the new tech is something that uncovers the names of stations already on the board - there's room for Newton Abbott between Exeter and Torquay, and for Bridgend and Neath for the Welsh train.
... in which case, it'll be rather like the departures boards that used to exist at Waterloo and Victoria.
There's a picture of the Victoria one as it existed in 1933 at
http://www.ltmcollection.org/images/webmax/r3/i0000fr3.jpg, but it's not sufficiently-detailed to see how it works.
(and it's the train
from Torquay and Exeter)