Last checked at 8 Dec 2008 07:03
Press Release 8 December 2008
Ten Alps PLC
Ten Alps and BT sign video production deal
Ten Alps Plc ("Ten Alps" or the "Company"), the factual media company, today launches a business-to-business video production service with British Telecom Plc ("BT").
The deal markets Ten Alps' video production services exclusively to the 200,000-plus business customers on the BT Tradespace platform.
Customers can have videos made for use as advertising on their own websites, BT Tradespace and other online directories.
Video production will be marketed online via the BT Tradespace website and by telesales from BT's call centres.
Videos are offered at cost-effective price points ranging from £800 to £5000 and there are a range of exclusive offers available for BT Tradespace members.
The Ten Alps product is provided through its video production subsidiary Twenty First Century Media and the deal opens up a significant new market for the Company.
Commenting on the deal, Adrian Dunleavy, Chief Executive of Ten Alps' communications division said:
"This is a rare thing: a brand new, fast-growing sector in a challenging advertising economy,
We are seeing a significant shift towards the use of video among business customers, particularly as companies seek to differentiate their offering online. With video production systems that can handle scale and deliver national coverage, Ten Alps is well positioned to benefit from this trend.
The BT Tradespace platform is a first class business services and networking opportunity for the U.K.'s small and medium sized business market. We are extremely pleased to be able to work with BT and bring a video production component to the Tradespace offering."
Ivan Croxford, General Manager of BT Tradespace said
"We were impressed by Ten Alps' wealth of knowledge in business and online video and their approach inspires confidence. We believe that working with Ten Alps will help us in our growing commitment to providing quality social media tools to our Tradespace members."
For further information, please contact:
| Ten Alps plc | |
| Alex Connock, CEO | Tel: +44 (0) 20 7878 2311 |
| c/o Moira McManus | |
| www.tenalps.com | |
| Grant Thornton UK LLP, Nominated Adviser | |
| Fiona Owen | Tel: +44 (0) 20 7383 5100 |
| www.grant-thornton.co.uk | |
| Canaccord Adams Limited | |
| Mark Williams / Adria Da Breo Richards | Tel: +44 (0) 20 7050 6500 |
| www.canaccordadams.com | |
| Pelham Public Relations | |
| Alex Walters/ Francesca Tuckett | Tel: +44 (0) 20 3008 5509 |
| www.pelhampr.com |
Notes on Ten Alps
Ten Alps Plc is a factual media company - on TV, online and in print.
As a multi-platform producer, it engages with audiences and customers across all media outlets.
Ten Alps has market-leading positions in all its three key areas of output:
On TV it produces for Dispatches, Panorama and other key factual programmes for Channel 4, the BBC and international broadcasters. One of its companies is preferred supplier for a major five-year government contract to operate the Teachers TV channel.
Online it produces Kent TV, the first fully local authority-funded broadband TV service in the UK, alongside B2B websites and online TV projects, such as Vets TV. It also produces online TV advertising.
In Print it is one of the UK's largest contract and specialist publishers, with a growing portfolio of 740 titles across specialist media sectors including finance, environment, public sector and international trade.
Ten Alps was founded in 1999 by Alex Connock and Bob Geldof.
It has over 550 staff with main offices in London and Manchester, and smaller offices in Edinburgh and Gateshead.
Ten Alps has had seven consecutive years of growth since listing on AIM in 2001, with turnover rising from £2m to £81.4m in the financial year to March 31 2008.
During that period, nineteen acquisitions have been made: in factual TV (including leading producers Brook Lapping, Blakeway and Films of Record), online (video advertising producer Twenty First Century Media, CSR specialists DBDA) and in print (McMillan Scott, Mongoose, Atalink, Camerons, Sovereign - which now have substantial online portfolios). One equity funding has been made since 2001.