Mediazest Regulatory News (MDZ)

14 Mar 2011 09:16

14 March 2011 MediaZest Plc Business Win

MediaZest Plc (MediaZest or "the Group"; AIM: MDZ), the creative digital out-of-home advertising company and audio-visual integrator, announces a significant contract win.

Touch Vision Limited, a wholly-owned subsidiary, has secured a contract for the value of some £300,000 for the supply and installation of audio-visual equipment to a large UK University, under the terms of an existing tender contract. The orders will be fulfilled during the first quarter of the Group's new financial year which begins 1 April 2011.

Geoff Robertson, CEO of MediaZest, commented:

"We are very encouraged by this significant business win and look forward to delivering a high quality project. Despite the uncertainty currently surrounding the impact of budget cuts on the whole education sector, it remains a meaningful part of our business."

Notes to Editors:About MediaZest

MediaZest is a creative media agency that specialises in providing innovative out-of-home marketing solutions to leading brand owners and media agencies. The group supplies an integrated service from content creation and system design to installation, technical support and maintenance. MediaZest has its headquarters in London, whilst Touch Vision, its design and engineering division, is based in Farnham in Surrey. Its customer base includes Adidas, Boots, Chivas, Diesel, L'Oreal, Motorola, Nintendo, Nokia, O2, Shell and Vodafone. MediaZest was admitted to London's AIM market in February 2005. For more information, please visit www.mediazest.com.

Enquiries:MediaZest plc 020 7724 5680 Geoff Robertson, Chief Executive Officer Northland Capital Partners LimitedNominated AdviserStuart Lane, Rod Venables 020 7492 4750Hybridan LLPBrokerClaire Noyce 020 7947 4350