Tavistock Regulatory News (TAVI)

12 Jan 2006 07:00

Bright Things plc12 January 2006 January 12th 2006 Bright Things plc Trading Update Bright Things plc, the creator of Bubble, the pre-school interactive gamesconsole and associated software, announces that in excess of 28,000 Bubblehardware units were shipped into the sales channel by Bandai in the period to 31December 2005. As a result the company expects to make a loss before tax in therange £4.5M - £5.0M for the year ended 31 March 2006. As previously announced Bandai, distributor of Bubble, have now ordered a totalof 112,000 units, 86,000 of which shipped to their warehouse by 31 December2005. The remaining 26,000 are due to arrive from China in the first quarter of2006. As is normal for products and brands in this category, sales can take time tobuild, typically rising each year after launch. As previously stated themajority of the units ordered by Bandai are expected to be sold in 2006. Six games are now available for Bubble, including titles based on 'actual TVfootage' from Thomas & Friends, Noddy and The Tweenies. Further games arescheduled for launch in Spring 2006, based on 'actual TV footage' from Bob theBuilder, Postman Pat, Angelina Ballerina and Pingu. Ends For further information please contact: Bright Things PLC 0870 351 7770Dominic Wheatley, CEOAdy Moores, CFOMatthew Tims, Publishing Director Giles Croot / Mark Antelme, Brunswick 020 7404 5959 This information is provided by RNS The company news service from the London Stock Exchange