MOU signed with Argus Global

MediaZest Plc                                 

               ("MediaZest", the "Company" or "Group"; AIM: MDZ)               

              MOU with Argus Global (Biometric Technologies Ltd)               

MediaZest, the creative audio visual company, is pleased to announce a new
working relationship with Argus Global (Biometric Technologies Ltd) ("Argus").

The two companies have signed a Memorandum of Understanding with intent to work
closely together in order to develop and promote value-add solutions created
using the Cognitec FaceVacs Videoscan platform in order to showcase the
capabilities of modern face recognition software, particularly in the retail
space.

The agreement has an initial term of 2 years during which time the companies
expect to develop together unique solutions to facilitate audience measurement
and value added data analysis products.

Geoff Robertson, CEO of MediaZest said "The Company is delighted to enter into
this agreement and believe that the solutions we will develop together with
Argus will give both companies a unique edge within the face recognition and
audience measurement market. In particular we believe it will allow MediaZest
to more accurately measure the success of its client work and add value in
understanding return on investment. Ultimately it will enable us to develop and
deploy better and more innovative solutions to our customers."

Enquiries:

Geoff Robertson
Chief Executive Officer
MediaZest Plc 020 7724 5680

Gavin Burnell / Edward Hutton
Nominated Adviser
Northland Capital Partners Limited 020 7796 8800

Claire Noyce / William Lynne
Broker
Hybridan LLP 020 7947 4350 / 4361

Notes to Editors:

About MediaZest

MediaZest is a creative media agency 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

About Argus Global

Argus Global provides intelligent, secure, trusted solutions delivered with the
power of biometrics. The systems we create, streamline business processes
through the unique and secure identification of people, and are used in a
diverse range of business sectors.

Established in 1997, Argus Global is respected as a key integrator and
innovator in the biometric space. With head quarters in Australia and offices
in the UK servicing EMEA, we have international reach, and are experienced in
implementing projects for clients around the world. www.argus-global.co.uk