Zoo Digital Group PLC
14 April 2005
Embargoed for 0700 on Thursday 14 April 2005
ZOO DIGITAL GROUP PLC
('ZOO' or 'the Group')
UPDATE ON GAMES PUBLISHING
ZOO Digital Publishing Ltd ('ZDPL'), the games publishing division of ZOO
Digital Group plc, today announced that it has secured the rights to publish a
portfolio of twenty-two games from Destination Software Inc ('DSI'). The deal
brings the total number of games in ZOO's active portfolio to over 60. The deal
is estimated to deliver around £3 million in games sale revenues to ZOO over the
next two years.
In a separate agreement announced today ZOO has extended it relationship with
Universal Pictures and agreed to publish the next version of its popular
football DVD Game 'International Championship Challenge 2'.
DSI Games Portfolio
ZOO has secured the rights to publish twenty-two DSI products over the next two
years. Games featured in the agreement include four new titles for the recently
released Nintendo DS handheld games console as well as six for the established
GameBoy Advance ('GBA') device. Under a separate agreement ZOO have secured the
rights to a series of twelve compilations from DSI for GBA consoles. Each
compilation will include three games on one cartridge. These games will start
shipping from June 2005. In both cases ZOO will pay DSI an advance against a
royalty on sales of the games.
International Championship Challenge 2
Universal Pictures has secured the rights to publish the next version of
Championship Challenge for Interactive DVD, this follows the success of the
first release that Universal also published. The game will be released for this
Christmas 2005. ZOO will be paid a royalty for each unit sold.
Ian Stewart, Chief Executive of ZOO Digital Group plc, commented:
'We are extremely pleased to be able to extend our partnership with DSI which
demonstrates their confidence in our ability to distribute its product . ZOO has
built a solid reputation in the Nintendo hand-held market and we now have the
products to exploit the already successful new Nintendo DS. The games further
underline the quality of our games portfolio and will help the continued growth
of our publishing business.
Universal's confidence in the Interactive DVD market is again confirmed with
them committing to International Championship Challenge 2. We expect to see lots
of further activity on this side of the business in the near future as we secure
more rights.'
- ends -
Enquiries:
Ian Stewart James Chandler/Helen Thomas
CEO, ZOO Digital Group plc Weber Shandwick Square Mile
0114 241 3700 020 7067 0747
John Llewellyn-Lloyd
Noble & Company Limited
020 7763 2200
Notes to Editors:
About ZOO Digital Group PLC
ZOO is divided into two separate divisions; ZOOtech Ltd ('ZOOtech') and ZOO
Digital Publishing Ltd ('ZDP').
ZOOtech Ltd ('ZOOtech')
ZOOtech focuses on R&D and licensing of DVD-EXTRA, the Group's highly original
development software capable of creating complex interactive content for
standard DVD players. The strategy for ZOOtech is simple; to create the industry
standard tool for the production of interactive DVD content and drive revenues
through licensing worldwide in a combination of up front fees and royalties.
ZOO Digital Publishing Ltd ('ZDP')
ZDP focuses on the publishing and distribution of interactive entertainment
products across multiple platforms such as interactive DVD, PS2, Xbox, GBA and
PC.
This information is provided by RNS
The company news service from the London Stock Exchange
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