14th Aug 2013 07:00
MEDIAZEST PLC - New Contract WinsMEDIAZEST PLC - New Contract Wins
PR Newswire
London, August 13
MediaZest Plc ("MediaZest", the "Company" or "Group"; AIM: MDZ) New contract wins MediaZest, the creative digital out-of-home advertising company, is pleased toannounce several new contract wins. As previously indicated, the Board has pursued a policy this year of increasingits investment in the sales team and in particular the development of newbusiness in the Corporate sector. The Company is therefore pleased to announceits first major win in this sector for several years with a substantial summerproject for a City of London based private equity company In addition, trading in this period within the Education sector has beenencouraging, with several wins including a large teaching rooms project for auniversity in London. The Company is also pleased to announce the extension ofits appointment under the Inter-regional AV Equipment Agreement, as announcedin November 2010, originally for 3 years. This agreement has been extended,under the same terms for a further year to 1 November 2014. The Company was delighted to be invited to work with Samsung further duringJuly 2013 on their inaugural Retail Hospitality Summit, which brought togethersenior industry decision makers, analysts and opinion formers to discuss thefuture of technology in those sectors. The event showcased Samsung's latesttechnology for the retail and hospitality sectors first hand through a seriesof specially designed and themed experience zones. These zones incorporatedsome third party solutions including several from MediaZest, along with bespokecontent also provided by the MediaZest team. Combined revenues from these new contract wins is expected to be in excess of£200,000 in the current financial year. Retail and event based work continues to be the Group's primary market, and theBoard is pleased to announce the opening of its new London based showroom,which is expected to assist in driving revenues by giving the Company a meansto demonstrate its unique technology offering. Geoff Robertson, MediaZest CEO commented: "The Company has delivered a strongperformance over the last few months and we are delighted to announce the abovementioned new business wins on top of the substantial pipeline already closedfor Financial Year 2014. Opportunities and invitations to pitch continue toincrease and we expect the new demonstration suite and our continuing andincreased investment in the sales team to reap additional rewards as the yeardevelops." Enquiries: Geoff RobertsonChief Executive OfficerMediaZest Plc 020 7724 5680 Gavin Burnell / Edward HuttonNominated AdviserNorthland Capital Partners Limited 020 7796 8800 Claire Noyce / William LynneBrokerHybridan LLP 020 7947 4350 / 4361 Notes to Editors: About MediaZest MediaZest is a creative media agency that specialises in providing innovativeout-of-home marketing solutions to leading retailers, brand owners andcorporations, but also works in the public sector in both the NHS and Educationmarkets. The Group supplies an integrated service from content creation andsystem design to installation, technical support and maintenance. MediaZest wasadmitted to the London Stock Exchange's AIM market in February 2005. For moreinformation, please visit www.mediazest.com
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