Yoomedia PLC
24 July 2006
YooMedia plc / Ticker: YOO / Index: AIM / Sector: Media
24 July 2006
YooMedia plc ('YooMedia' or the 'Company')
Results of AGM
YooMedia plc, the AIM-traded interactive media and gaming group, held its Annual
General Meeting today and all resolutions were duly passed. At the meeting,
Chairman Michael Sinclair made the following statement:
'As mentioned in the statement released to the market on Friday 21 July, with
new banking facilities in place we remain focused on exploiting our intellectual
property and building a leading interactive media and gaming group.
'In response to a question raised by a shareholder with regards to YooMedia's
exposure to the US internet gaming industry regulations, I can confirm that
YooMedia does not operate any offshore betting or gambling. It operates under a
UK fixed odds bookmakers permit and only permits gaming accounts to be opened
within the UK.'
* * ENDS * *
Contacts:
YooMedia plc
Neil MacDonald, Group Managing Director
Tel: 020 7462 0870
St Brides Media & Finance Ltd
Isabel Crossley
Tel: 020 7242 4477
Notes on YooMedia plc:
YooMedia is one of the fastest growing interactive entertainment companies in
the UK. Essentially, it develops and delivers premium interactive content and
services to households and individuals via TV, the web, telephony and mobile
phones. It has four main divisions:
• YooMedia Dating - manages dating brands including Dateline and
Avenues from over 20 locations throughout the UK. Operates across traditional
media, digital TV, internet and mobile phones.
• YooMedia Gambling & Games - interactive fixed odds, play for fun
casino and poker related games services for digital TV, the web and mobile
phones. Brands include Channel 852, operated on behalf of William Hill, and
Avago, which was established by YooMedia and is now managed on behalf of Gala
Group.
• YooMedia Interactive Services - delivers interactive content
that enhances consumer and audience experiences. Customers include the BBC,
Nestle, Celador, Channel 4, The Cartoon Network, Anheuser Busch, and HR Owen.
• YooMedia Public Sector - provides digital solutions/media
services to leading public sector organisations including the NHS Direct
Interactive TV service, the Learning and Skills Council TV Kickstart service and
a range of local authority TV services.
The Group's experienced management team includes: Chairman, Dr. Michael Sinclair
, who holds a number of directorships in both the UK and the USA having
previously founded Lifetime Corporation; and Managing Director, Neil MacDonald,
whose career spans 11 years in multimedia and interactive sectors plus a further
19 years in the retail industry.
This information is provided by RNS
The company news service from the London Stock Exchange
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