Thomson Intermedia PLC
7 February 2001
Thomson Intermedia plc
('Thomson Intermedia' or the 'Group')
Thomson Intermedia is a media and technology company, which specialises in the
provision of media monitoring services which are accessed by or delivered to
corporate subscribers via the internet. The Group was listed on AIM in May
2000 and has since launched a consumer internet portal, www.free2look.co.uk.
Trading Update
Since the Group announced its interim results on 20 September 2000, the Group
has made significant progress in both its consumer internet site Free2Look and
in developing its media monitoring products, ART, DART and Newsmetrics.
Free2look was launched in October 2000 as a consumer Internet site with a B2B
revenue stream. Following a targeted marketing campaign the site has, in a
short space of time, become a popular consumer tool for people wanting to make
best price comparisons on a wide range of products and has impressed both
consumers and retailers with its breadth of data. Over 160,000 products are
currently on the site from over 22,000 companies and this database is updated
daily using new press advertisements.
In just over four months the site has attracted 150,000 unique users and
15,000 registered users.
Following consumer demand and approaches by retailers, the Group has decided
to incorporate an e-commerce function within the site and is set to sign
agreements with major high street retailers. The Group intends to start
selling products on its site in the coming months.
The Group's monitoring ART and DART products continue to perform strongly and
the Group has won some significant new business including a £250,000 a year
monitoring contract for one client which was concluded last week. The Group
has continued to develop Newsmetrics, a new concept in news monitoring, which
also evaluates individual companies' press coverage.
Sarah Jane Thomson, Joint Chief Executive, said:
'Whilst our ART and DART continue to perform strongly, we are exceptionally
encouraged by the strong progress and response on both our Free2look site and
development of our Newsmetrics product. In addition we have successfully
launched our Internet Monitor, with Outdoor and TV monitoring solutions due
for launch in the next six months. We believe we are well placed for the
future.'
7 February 2001
Enquiries:
Thomson Intermedia plc Tel: 020 7549 4343
Sarah Jane Thomson, Joint Chief Executive
College Hill Tel: 020 7457 2020
James Henderson james.henderson@collegehill.com
Chelsea Allen chelsea.allen@collegehill.com
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