New Contract Wins

MediaZest Plc ("MediaZest", the "Company" or "Group"; AIM: MDZ) New contract wins MediaZest, the creative digital out-of-home advertising company, is pleased to announce several new contract wins. As previously indicated, the Board has pursued a policy this year of increasing its investment in the sales team and in particular the development of new business in the Corporate sector. The Company is therefore pleased to announce its first major win in this sector for several years with a substantial summer project for a City of London based private equity company In addition, trading in this period within the Education sector has been encouraging, with several wins including a large teaching rooms project for a university in London. The Company is also pleased to announce the extension of its appointment under the Inter-regional AV Equipment Agreement, as announced in November 2010, originally for 3 years. This agreement has been extended, under the same terms for a further year to 1 November 2014. The Company was delighted to be invited to work with Samsung further during July 2013 on their inaugural Retail Hospitality Summit, which brought together senior industry decision makers, analysts and opinion formers to discuss the future of technology in those sectors. The event showcased Samsung's latest technology for the retail and hospitality sectors first hand through a series of specially designed and themed experience zones. These zones incorporated some third party solutions including several from MediaZest, along with bespoke content also provided by the MediaZest team. Combined revenues from these new contract wins is expected to be in excess of £200,000 in the current financial year. Retail and event based work continues to be the Group's primary market, and the Board is pleased to announce the opening of its new London based showroom, which is expected to assist in driving revenues by giving the Company a means to demonstrate its unique technology offering. Geoff Robertson, MediaZest CEO commented: "The Company has delivered a strong performance over the last few months and we are delighted to announce the above mentioned new business wins on top of the substantial pipeline already closed for Financial Year 2014. Opportunities and invitations to pitch continue to increase and we expect the new demonstration suite and our continuing and increased investment in the sales team to reap additional rewards as the year develops." 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 out-of-home 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 D

Companies

MediaZest (MDZ)
UK 100

Latest directors dealings