AGM Statement

27 Nov 2007 07:01

Cheerful Scout PLC27 November 2007 Cheerful Scout Plc: CLS / Index: AIM / Sector: Media 27th November 2007 CHEERFUL SCOUT PLC ('Cheerful Scout' or 'the Company') AGM STATEMENT Cheerful Scout Plc, the AIM listed multi media group, held its Annual GeneralMeeting yesterday, 26th November and all resolutions were duly passed. Chairman Stuart Appleton made the following statement: "As our recent results highlighted, we have increased our market share in ourDVD production and design division and have won a number of key contracts withinternational companies including BP and BAA. In tandem with theseachievements, we have pinpointed areas within the business that could bestrengthened and are now implementing a number of changes. We are pushing theboundaries of creative innovation, predominantly through our new joint venturefocused on exploring opportunities in the business intelligence market, and arelooking to further widen our offering through organic growth or via acquisition. It is obviously still early days, but our pipeline of potential new businessopportunities is growing and we are encouraged by feedback from existingclients." * * ENDS * * For further information visit www.cheerfulscout.com or contact: Gary Fitzpatrick Cheerful Tel: 020 7291 0444Isabel Crossley St Brides Media Tel: 020 7242 4477Mark Percy Seymour Pierce Ltd Tel: 020 7107 8030 This information is provided by RNS The company news service from the London Stock Exchange