26 September 2016
("MediaZest"or the "Company”; AIM: MDZ)
New business update
MediaZest, the creative digital audio visual company, is pleased to update shareholders with more detail on recent business wins.
The Group is pleased to confirm that the new Rockar project noted in the results announcement of 12 August 2016 relates to audio visual design, build and installation services at their new showroom at Westfield Stratford in collaboration with Jaguar Land Rover.
This follows previous work with Rockar in conjunction with Hyundai, which began in 2014, with a first physical site at Bluewater shopping centre in Kent followed by a second Rockar-branded store in Westfield Stratford – a project for which the Company also completed the audio visual design, build and installation services.
Separate to this, the Company is pleased to announce over £250,000 of new business wins secured since 12 August.
Geoff Robertson, CEO, commented “It is fantastic to work with another prestigious brand alongside Rockar, and we are incredibly proud of the work we have done with them. We are looking forward to completing this new project with Rockar and Jaguar Land Rover.
It has been very pleasing to also confirm the additional new business wins, during what is historically a quiet period due to holidays. In particular, several new service and maintenance support contracts are further helping us to generate material growth in recurring revenues. The combined effect has been continued improvement in results and the Company’s cash position.”
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
Chief Executive Officer
|0845 207 9378|
|Edward Hutton / David Hignell
Northland Capital Partners Limited
|020 3861 6625|
|Claire Noyce / William Lynne / Niall Pearson
|020 3764 2341/ 2342/ 2343|
Notes to Editors:
MediaZest is a creative media agency and audio visual systems integrator that specialises in providing innovative marketing solutions to leading retailers, brand owners and corporations, but also works in the public sector in both the NHS and Education markets. The Group supplies an integrated service from content creation and system design to installation, technical support and maintenance. MediaZest was admitted to the London Stock Exchange's AIM market in February 2005. For more information, please visit www.mediazest.com