26th Jul 2006 07:01
Delling Group PLC26 July 2006 For Release 7.00 am 26 July 2006 DELLING GROUP PLC (DLG.L) The AIM-listed marketing services group New Contract Win "Delling wins £ 2.0 million contract with Expert, the Nordic consumer electrical goods retailer" & "Roll out of screens and graphical material" Delling Group PLC ("Delling" or "the Company"), the AIM-listed marketing supportservices company, has entered into a two year £1.0 million per annum contractwith Expert Invest AB ("Expert") for the implementation of graphic and motionmedia, in addition to screen installations, in Expert's recently acquired'Power' shopping chain. The contract follows on from the success of the motionmedia pilot project that Delling announced on 25th April 2006. Power has 30 large stores in Sweden and sells a wide range of consumerelectrical products. The Expert group, one of the largest retailers inScandinavia, has approximately 950 shops in the region and in the Baltic's. Work on the contract begins immediately and is expected to be at full monthlyvolume by the end of August 2006. There is a 3 month notice opt out clause inthe contract for Expert, which Delling does not anticipate being exercised.Pleasingly, the contract has been designed as a framework agreement to allow theexpansion of Delling's services into Expert's approximately 300 other shops inSweden. If this potential is exploited the contract volume would besubstantially higher than the volume relating to the Power shops. The screen and motion media part of the contract is based on Delling Group's"turn key" concept that includes all elements from planning to installation aswell as management of the systems and production of content for the screens Geir Lolleng, CEO of Delling Group commented: "As the recent announcements of May 30th and June 1st 2006 demonstrate, DellingGroup has an excellent pipeline of prospects with existing as well as newcustomers. I believe that the rate in which these are converting into contractsis increasing predominantly because our outsourced offering is increasinglybeing appreciated and understood by the market. "I am delighted by this, our first significant screen contract and I amconfident that sales in this area will continue to grow. I believe that ourcustomers place high value on their ability to keep ultimate control over thismedia channel and the Delling model of management and installation is thereforebeing well received". ENDS For further information please contact: Contact:Delling Group PlcGeir Lolleng, Chief Executive Officer Tel: +46 7652 76024 Adventis Financial PRTarquin Edwards Tel: 020 7034 4758 / 07879 458 364 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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