19th Jun 2009 07:00
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For Immediate Release |
19 June 2009 |
DQ Entertainment plc ("DQE")
Update
DQ Entertainment PLC ("DQE" or "the Company") (AIM: DQE), the animation, gaming and entertainment company, announces that in view of the ongoing audit of its accounts, the results of the Company for the year ended 31 March 2009 will be released around the end of July 2009.
Outlook:
The Indian, as well as the global, media & entertainment sector continues to grow. DQE expects its own business to continue to benefit from the available opportunities. The outlook for DQE is as follows:
DQE has a strong order book visibility.
FY 2010 is expected to be another year of continued growth driven by DQE's technology and global partnership capabilities.
The New Media, IP and Licensing divisions are expected to contribute a greater share of revenue due to the development of our own Intellectual Property and through various licensing and distribution agreements worldwide.
The Company is pleased to announce that it expects to meet market profit expectations.
Contact:
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DQ Entertainment Plc Tapaas Chakravarti, Chairman & CEO Niranjan Prasad, VP Finance & Corporate Affairs |
Tel: +91 40 235 53726 |
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Religare Hichens, Harrison Plc Vineeta Manchanda |
Tel : +44 20 7382 4662 |
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Blomfield Corporate Finance Limited (a 100% subsidiary of Religare Hichens, Harrison Plc) Alan MacKenzie Peter Trevelyan-Clark Derek Crowhurst |
Tel : +44 20 7489 4500 |
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Buchanan Communications Mark Edwards Jeremy Garcia Miranda Higham |
Tel: +44 20 7466 5000 |
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