Zoo Digital Group PLC
09 May 2005
Embargoed until 0700 on Monday 9 May 2005
ZOO DIGITAL GROUP PLC
('ZOO' or 'the Group')
UPDATE ON 'DVD-EXTRA' LICENSING
ZOOtech Ltd ('ZOOtech'), the DVD technology division of ZOO Digital Publishing
plc, today announces an update on licensing agreements for its interactive DVD
authoring software DVD-EXTRA. In total the Group has signed agreements with
seven organisations in the last few weeks all of which will generate revenues on
a royalty stream model based on the number of units sold. Details of the license
agreements are as follows:
Contender Entertainment (UK)
Contender Entertainment will produce and market two new products based on the
'Test the Nation' quiz show. The first product will be released for Christmas
2005. DVD-Extra will be used to create both titles.
National Geographic (North America)
National Geographic will use DVD-Extra to produce a series of reference products
under a new multi-product agreement, titles are due to become available later
this year in the North American market.
Smoking Gun Entertainment Group plc (UK)
Smoking Gun, develops and publishes interactive DVD football quiz games.
Following the success of its Manchester United Interactive DVD, which used
DVD-Extra, it has extended its license with ZOO in order to produce further
club-branded interactive DVDs and other football related quiz games. Smoking Gun
plans to publish around 15 titles over the next twelve months.
bEqual (North America)
bEqual has used DVD-Extra to produce 'Madagascar Animal Trivia Game DVD' an
interactive DVD game based on the forthcoming Dreamworks movie due to be
released on 5 May 2005. The game will be available initially for the North
American market.
Two Way TV (UK)
Two Way TV is an interactive television company with its own games channel and a
portfolio of well known branded games. The Company will use ZOO's technology to
add interactive DVD's as part of its offering and initially plans to develop two
titles this year.
Oasis DVD (Australia)
Oasis is an Australian DVD design and production company principally focused on
the areas of film distribution and corporate marketing. Oasis will use DVD-EXTRA
for the creation of an educational product for the North American Market.
OUAT Entertainment (France)
OUAT, a French interactive products developer, in partnership with Universal
Pictures, will publish five new interactive DVD titles using the DVD-EXTRA
technology. In 2004, more than 280,000 DVD-games were sold by Universal in
France.
Ian Stewart, Chief Executive of ZOO Digital Group plc, commented:
'These deals show that the use of our technology is building momentum in terms
of the number and diversity of titles being produced with ZOO's technology. The
deals also show the increasingly international nature of our license agreements
and the global appeal of a product that is compatible with DVD production
processes around the world. The forward royalty streams that these and the many
other titles in production are what will drive this business forward. This is a
very good start to our new financial year.'
- 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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