MediaZest Plc
("MediaZest", the "Company” or “Group"; AIM: MDZ)
New business wins
MediaZest, the creative audio-visual company, is pleased to provide shareholders with an update on more new business confirmed for delivery during the financial year 2015/16.
Since the detailed update in April 2015, the group has added further business with many ongoing and several new clients in the new financial year.
Following the Retail Week award win for the Hyundai Rockar Dealership at Bluewater shopping centre, the Group has been able to secure several pieces of additional business with Hyundai with more expected to be confirmed before the end of the calendar year 2015. The Bluewater showroom has also recently been shortlisted for a prestigious Point of Purchase Advertising International (“POPAI”) award.
Since April 2015 the Group has again been working with Adidas. Having previously worked with the company for a small number of short-term promotional campaigns around the 2012 Olympics, the Group is now working with Adidas again on an ongoing basis. This has led to 2 deployments in the UK at high profile sites and one in Germany with another in the UK and one in Belgium to follow in August 2015.
At the last trading update, the Board noted a deployment for one of the UK’s largest retailers which it hoped to give more detail on shortly thereafter. This contract was for delivery of audio visual systems and services for a single concept store for the retailer, which was successfully completed in May 2015. The Group has been asked by the client not to make a detailed announcement regarding this until the retailer has completed their press activities around the project. The Group is currently tendering for three more stores with this retailer, in a highly competitive environment, and will announce further details in due course.
Work with new client Ted Baker continued in the last quarter with the launch of their new store concept, Ted Baker & Moore at Commercial Street in East London. In addition new work has been secured with Chivas Regal, Samsung and Virgin Active in the period.
The combined total revenue value of these projects is in excess of £500,000. With all of these clients we expect to deploy further projects moving forward in respect of ongoing repeat business.
The Group expects to announce full year results for year ended 31 March 2015 before the end of August at which point the Board will give more detail on recent activities and performance.
Enquiries:
Geoff Robertson
Chief Executive Officer
MediaZest Plc |
0845 207 9378 |
Edward Hutton / David Hignell
Nominated Adviser
Northland Capital Partners Limited |
020 7382 1100 |
Claire Noyce / William Lynne / Niall Pearson
Broker
Hybridan LLP |
020 3764 2341/ 2343 |
Notes to Editors:
About MediaZest
MediaZest is a creative media agency and audio visual systems integrator that specialises in providing innovative marketing solutions to leading retailers, brand owners and corporations, but also works in the public sector in both the NHS and Education markets. The Group supplies an integrated service from content creation and system design to installation, technical support and maintenance. MediaZest was admitted to the London Stock Exchange's AIM market in February 2005. For more information, please visit www.mediazest.com
