Altitude Group Regulatory News (ALT)

12 Mar 2007 07:01

Dowlis Corporate Solutions plc12 March 2007 Date: 12th March 2007On behalf of: Dowlis Corporate Solutions plc ("the Company")Embargoed until: 0700hrs Dowlis Corporate Solutions plc Change of Adviser Dowlis Corporate Solutions plc, the marketing, information and logisticssolutions business, announces that Daniel Stewart & Company plc has beenappointed as the Company's Nominated Adviser and Broker with immediate effect.Zeus Capital continues to be retained as the Company's Financial Adviser. Enquiries: Dowlis Corporate Solutions plc www.dowlis.comMartin Varley (Chief Executive) 0870 224 6677 Redleaf CommunicationsEmma Kane/Sanna Lehtinen 020 7822 0200 Daniel Stewart & Company plc 020 7776 6550Lindsay Mair Zeus CapitalAlex Clarkson 0161 831 1512 Notes to Editors: • Publication quality photographs are available via Redleaf. • Dowlis has an experienced Board which comprises: Colin Cooke, Chairman, who has 21 years' experience as a public company director; Martin Varley, Chief Executive Officer, who has 17 years' experience in the promotional merchandise industry and has gained an extensive knowledge of the supply and distribution sectors of the market; Barrett Bedrossian, Finance Director, formerly finance director of Exley Publications Ltd prior to which he spent 14 years at a subsidiary of 4imprint PLC; Craig Slater, Non Executive Director, currently a Director of RTS prior to which he was finance director and then Chief Operating Officer of 4imprint PLC; and, Keith Willis, Non Executive Director, who was awarded a lifetime achievement award from PROMOTA in recognition of his 30 years' contribution to the industry. • It is estimated that the annual UK market for promotional merchandise is £1 billion (source: PROMOTA), which comprises approximately 2,000 distributors supported by 600 UK based suppliers of a wide range of products and services. • The Group currently has three primary sales channels: Promotional Products - the Directors believe Dowlis is the second largestdistributor of promotional products in the UK. It sources products from aroundthe World which are then personalised in accordance with the client's brand anddesign guidelines in support of their wider marketing campaigns. In addition,AdProducts.com - are suppliers to independent distributors via an annualcatalogue, exhibition and website. AdProducts.com receives orders fromapproximately 25 per cent of the UK's distributors who access the product whichis personalised with company details using the in house print facility. Information Services - Trade OnlyTM is the leading information resource for theUK promotional product industry. The www.tradeonly.co.uk site contains detailsof over 10,000 products, and is accessed by over 4000 registered users. Inaddition, Trade OnlyTM hold two exhibitions and a roadshow where suppliers meetdistributors to show their latest products. Industry Software- is the leading provider of software by number of users to theUK promotional product Industry. There are three key offerings aimed at therelated markets of Print Management, Office Supplies and Promotional Products,with the software 'sold' on a monthly fee basis. Users benefit from a data feedthat is provided by Trade OnlyTM providing detailed information on products,pricing and supplier details. This information is provided by RNS The company news service from the London Stock Exchange