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19 Jun 2009 07:00
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For ImmediateΒ Release |
19 JuneΒ 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,Β as well as the global,Β media & entertainment sector continues to grow.Β DQE expects its own business toΒ continue to benefit fromΒ the available opportunities. The outlookΒ forΒ DQE is as follows:
DQEΒ hasΒ aΒ strong order bookΒ visibility.
Β FY 2010Β isΒ expected to be another year of continued growth driven byΒ DQE's technology and global partnership capabilities.
TheΒ NewΒ Media, IP andΒ Licensing divisionsΒ are expected to contribute a greater share of revenueΒ due toΒ theΒ development ofΒ ourΒ own IntellectualΒ PropertyΒ and through various licensing and distribution agreements worldwide.
The Company is pleased to announce that it expects to meet market profit expectations.
Contact:Β
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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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ReligareΒ Hichens, Harrison Plc Vineeta Manchanda |
Tel : +44 20 7382 4662 |
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Blomfield Corporate Finance Limited (a 100% subsidiary ofΒ ReligareΒ 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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