MediaZest Plc - Further £500,000 in new orders secured
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part
of
(“MediaZest”, the “Company”, or the “Group”)
Further £500,000 in new orders secured
Existing clients continue to roll-out digital signage across multiple sites
Initial project win for digital currency screens “proof of concept”
Projects undertaken for existing clients include a further roll-out of new digital signage across eight
The new client project win is an initial three month “proof of concept” contract to install digital currency screens and content management software across a number of
As a result of these wins, the Company remains on track to deliver year-on-year organic revenue growth and continues to target a return to profitability. The substantial increase in recent project wins has also significantly improved cash generation in the second half of MediaZest’s financial year.
“We are also delighted to be working with new clients as they begin their journey with digital signage. The Group’s vast experience and ability to fulfil all elements of a project from content creation plus design and build services, through to installation and then ongoing support and maintenance across the
“The contracts announced today demonstrate the Group’s ability to successfully convert its pipeline into revenue-generating deals with long term substantial growth opportunities. We remain encouraged by recent progress and our ability to continue to build value in the business.”
For further information please contact:
MediaZest Plc www.mediazest.comGeoff Robertson , Chief Executive Officer via Walbrook PRSP Angel Corporate Finance LLP (Nomad) Tel: +44 (0)20 3470 0470David Hignell /Adam Cowl Hybridan LLP (Corporate Broker) Tel: +44 (0)20 3764 2341Claire Noyce Walbrook PR (Media & Investor Relations) Tel: +44 (0)20 7933 8780 or mediazest@walbrookpr.comPaul McManus /Charlotte Edgar / Mob: +44 (0)7980 541 893 / +44 (0)7884 664 686 /Alice Woodings +44 (0)7407 804 654
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