15th Aug 2006 12:03
WPP Group PLC15 August 2006 FOR IMMEDIATE RELEASE 15 August 2006 WPP GROUP PLC ("WPP") WPP acquires 3.4% stake in online game publisher, WildTangent, Inc., in US WPP announces that it has agreed to acquire 3.4% of the issued share capital ofWildTangent, Inc. ("WildTangent"), an online game publisher with proprietaryin-and-around game advertising capabilities. This initiative will enable clients of WPP companies to tap into WildTangentGame Network, an in-game advertising network that includes hundreds of popularonline and downloadable games from WildTangent's own studios, in addition totitles from top publishers like Sony Pictures Digital, Nickelodeon, The WaltDisney Internet Group and other leading online game developers. Founded in 1998 and based in Redmond, Washington State, WildTangent employs 70people. WildTangent's unaudited revenues for the year ended 30 June 2006 wereUS$14.3 million, with gross assets of US$3 million on the date of investment. This investment continues WPP's strategy of developing its networks in fastgrowing markets and sectors and strengthening its capabilities in digital media. Contact:Feona McEwan WPP+44 (0)20 7408 2204www.wpp.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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