Mineral & Fin Regulatory News (MAFL)

5 Mar 2007 07:30

Upstream Marketing and Comms Inc.05 March 2007 Upstream Marketing and Communications Inc. New wins maintain solid growth momentum London - March 5th, 2007: AIM-quoted Upstream Marketing and Communications Inc.("Upstream", Stock Code UPS.L), the Asia-focused communications and marketingagency, has further strengthened its growing regional presence with a series ofkey projects for major clients including investment bank JP Morgan in Singaporeand media group ESPN, organiser of China's first extreme sports event. The new successes follow a strong start to the year, when Upstream announcedmore than a dozen key client projects. The continuing momentum underscores Upstream's strategy of growth throughacquisition to position itself early in Asia's booming corporate communicationsmarket. Several of the new client projects have been won by Upstream's recentAustralian acquisition, Sydney-based Macro Consulting. Upstream Chief Executive David Ketchum said: "Our business developmentefforts, investment in senior management, and the recent acquisition inAustralia are all producing results. We have invested in the twin drivers of ourbusiness - people and relationships - and are laying a solid foundation forrapid growth during 2007." Hong Kong-based Upstream has positioned itself to grow by a acquiring anAsia-Pacific network of local agencies and providing them with centralisedfinancial management and strategic development programmes. Earlier this month the group announced a strong start to 2007 with more than adozen new projects in China for clients, including Bayer Levitra, Burger Kingand China Telecom. The latest wins include promotion of the Kia X Games Asia 2007 in May, China'sfirst ever extreme sports event, and of J P Morgan's Corporate Challenge inSingapore, along with an extended project contract from hotel group MandarinOriental. They reflect Upstream's capability to benefit from the regional boom in theyouth, consumer spending and financial services markets. Upstream has offices in Beijing, Hong Kong, Shanghai, Singapore, Sydney, Taipeiand Tokyo, along with its regional and global affiliates. For further information contact: David Ketchum, CEO, Upstream Marketing and Communications Inc: +85 2 2973 0222david@upstreamasia.com Allan Piper, First City Financial Public Relations: +44 20 7436 7486piper@firstcitypr.com This information is provided by RNS The company news service from the London Stock Exchange