McDermott was handed an improved contract on Wednesday in recognition of the job he has done at the Madejski and is confident of bringing further success to the Royals.
He said: "I`ve been in charge for 14 or 15 months now which is quite a long time by Championship standards these days.
"It`s gone quickly and a lot has happened in that time.
"We have reached two FA Cup quarter finals - unfortunately we haven`t reached a semi-final but we can look to do that next year.
"We have got nine games left this season and there is still everything to play for."
Source: PA
