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Trading Update

18 Dec 2015 07:00

MEDIAZEST PLC - Trading Update

MEDIAZEST PLC - Trading Update

PR Newswire

London, December 17

MediaZest Plc

("MediaZest", the "Company” or “Group"; AIM: MDZ)

Trading Update

MediaZest, the creative audio-visual company, is pleased to provide shareholders with an update in respect of ongoing and new business.

Since the last update announcement in October 2015, the Group has secured material additional contracts and has completed several significant projects.

In particular, the Company recently completed the second Hyundai Rockar dealership at the Westfield Stratford shopping centre, which has now opened. Operating in the same way as their highly successful dealership at Bluewater, the new showroom features five large scale video walls, each of nine screens, and fourteen interactive touchscreens allowing customers to purchase their chosen car. MediaZest were responsible for system specification, build and installation works including in store audio and content management, with ongoing support and maintenance contracts in place.

The Group is also pleased to announce it has begun working with a new client, Specsavers Limited (“Specsavers”). MediaZest was initially engaged to design, produce and deliver a Smart Store concept for the annual Partners Conference in Birmingham on the 28 November 2015 in collaboration with Specsavers key stakeholders. Following this successful event, the solutions provided have been installed in Head Office.

Phil Pavitt, CIO of Specsavers, said “MediaZest delivered a fantastic and futuristic solution that has really challenged the thinking of our Partners about the use of technology in stores in the future”.

During this quarter we also finished our current works with the Post Office Limited, supplying audiovisual systems for new concept stores. The Company also began working with Kikki.K an Australian/Swedish stationary retailer, on their first two UK stores.

Work continues with Adidas (with mandated projects for an additional 2 UK stores and another 3 in mainland Europe), and with Belstaff, HMV, and Kuoni.

Geoff Robertson, Chief Executive, commented “2015 has ended on a real high note for the Company with a large number of highly innovative and substantial projects all completing successfully. Many of these projects will continue and develop further in 2016 and beyond.

It has been a terrific effort from the whole team during the year and their dedication has been rewarded with our best ever results. We expect to update the market further in January on this progress.”

Enquiries:

Geoff RobertsonChief Executive OfficerMediaZest Plc 0845 207 9378

Edward Hutton / David HignellNominated AdviserNorthland Capital Partners Limited 020 7382 1100

Claire Noyce / William Lynne / Niall PearsonBrokerHybridan LLP 020 3764 2341/ 2343

Notes to Editors:

About MediaZest

MediaZest is a creative media agency and audio visual systems integrator that specialises in providing innovative marketing solutions to leading retailers, brand owners and corporations, but also works in the public sector in both the NHS and Education markets. The Group supplies an integrated service from content creation and system design to installation, technical support and maintenance. MediaZest was admitted to the London Stock Exchange's AIM market in February 2005. For more information, please visit www.mediazest.com

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