Last checked at 25 Sep 2012 07:00
25 September 2012
ZOO DIGITAL GROUP PLC
("ZOO" or "the Group")
AGM STATEMENT
At ZOO's Annual General Meeting to be held later today, Roger Jeynes, Chairman, will make the following statement:
"At the time of our final results announced in July of this year, we stated that the Company had returned to profitability in the second half of the year, and I am pleased to confirm that this has continued through the start of the new financial year.
"Our most dominant market, the filmed entertainment industry, appears to have reached a certain level of stability after a prolonged period of turbulence, which has led to improved levels of throughput to ZOO.
"At the same time, we continue to develop existing and new products to meet our clients' needs and target new sources of income, as can be evidenced through the recent introduction of ZOOsubs, our software as a service subtitling tool.
"We continue to view the current year with optimism, although we must remain cautious given the unpredictability of markets in the current economic environment."
A short presentation on the Company's capabilities will be given by Stuart Green, CEO of ZOO, during the AGM. A copy of the presentation will be available on the Company's website (www.zoodigital.com) subsequent to the meeting.
- Ends -
For further enquiries please contact:
ZOO Digital Group plc | 0114 241 3700 |
Stuart Green - Chief Executive Officer |
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Helen Gilder - Group Finance Director
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FinnCap | 020 7600 1658 |
Marc Young / Henrik Persson (corporate finance) Tom Jenkins / Joanna Weaving (corporate broking)
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Newgate Threadneedle | 020 7653 9850 |
Josh Royston / Terry Garrett / Hilary Millar |
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Notes to Editors
About ZOO Digital Group plc
ZOO Digital Group plc provides software and related services that support the authoring, re-purposing and distribution of creative media. ZOO's products form an integrated suite of web-based and desktop applications for audio/visual content and printed materials, adapting these media for different languages, formats and delivery mechanisms.
By centralising editorial and approval processes via secure web-based platforms, ZOO's proprietary patented software helps customers to increase their speed of production, reduce costs and protect their brand integrity. ZOO's services enable quicker and more cost effective processes across a wide range of applications and formats, including packaging, printed materials, DVD, Blu-ray Disc, video on demand, electronic sell-through, broadcast, music and electronic books.
The Group's largest customers include major Hollywood studios, for which the production, marketing and distribution of titles in numerous formats across many geographies and languages has previously been a lengthy, costly and largely manual process. Increasingly the Group's software is benefiting a variety of companies across sectors where the development of media products, printing, packaging and marketing involves complex processes in multiple countries and languages, particularly where brand integrity is of core importance.