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Contract trials

9 May 2005 07:43

MediaZest plc9 May 2005 MediaZest Plc ("MediaZest" or the "Company") Trials of Screen-based Advertising MediaZest, the media solutions company, has been appointed as the exclusivepartner in a trial with Photo-Me International plc ("PMI"), to introducescreen-based display advertising on photo booths. MediaZest is working with innovative screen and technology partners to provide aone-stop shop solution for PMI. If the UK based trial is successful, thecompanies plan to expand across PMI's estate of 21,000 photo booths in hightraffic areas. The screens will broadcast a combination of adverts and localinformation, relevant to the screen's location. Sean Reel, CEO of MediaZest commented that "We are delighted to be have beenselected for such a significant project and to be working with Photo-Me togenerate revenues from their valuable estate of sites". End For further information, please contact: MediaZestSean Reel, Chief Executive 07768 598194 M: CommunicationsNick Fox 020 7153 1540Gemma Knowles 020 7153 1523 Photo-Me International plcBankside Consultants LimitedCharles Ponsonby 020 7444 4166 Notes to Editors: MediaZest listed on AIM in February 2005. It is focused on the in-store mediasector and delivering a one-stop audio, visual, aroma and satellite delivery,content management to clients in the retail, transport, property and corporatesectors. It has an international partnership with Immedia, the in-store radio group runby Bruno Brookes; and the worldwide exclusive licence for Feonics PLC'sWhispering Windows - which allows retailers to turn store windows intoloud-speakers. MediaZest's management is led by non-executive chairman John Lovering, chiefexecutive Sean Reel, a former Boots and IPC executive, and Tony Moore, theco-founder of Moore Clayton & Co, the global private equity solutions business.Management also includes Christopher Theis, the former head of the smallcompanies teams at Hoare Govett and Smith New Court. For further information please visit - www.mediazest.com About Photo-Me International (PMI): PMI is a specialist digital imaging company focused on professional laboratoriesand end-consumer vending solutions. PMI has developed a unique range of digital professional processing laboratories (minilabs and central labs) and a suite of consumer vending digital imaging solutions. With around 27,000 locations worldwide, PMI is also the world's leading operatorof photobooths and kiosks which enable end-consumers to fulfil their instant imaging needs in a convenient and competitively priced fashion. PMI is a constituent of the FTSE-250 index and trades under the ticker PHTM.L.At the closing mid-market share price on Friday 6 May 2005 of xxxp, PMI's market capitalisation stood at ÂŁ371m. On 13 December 2004, PMI announced its results for the half year ended 31 October 2004. These showed an EBITDA of ÂŁ31.2m and a pre-tax profit of ÂŁ18.0m (up an underlying 22.0%) on a turnover of ÂŁ117.7m. This information is provided by RNS The company news service from the London Stock Exchange
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