REG-MediaZest Plc: New Business Wins

MediazestAnnouncement

30/03/2021 07:05

30 March 2021

MediaZest Plc

("MediaZest", the "Company” or the “Group”; AIM: MDZ)

 New Business Wins

MediaZest (AIM: MDZ), the creative audio-visual company, is pleased to provide
an update on current trading and new business wins ahead of today’s Annual
General Meeting.

Further to the announcement of 11 February 2021, the Company continues to win
additional new project work at an encouraging rate.

Over £250,000 of confirmed additional written orders have been received and
approximately the same amount of further orders on top of these are currently
at the final stage of negotiation. Several additional other projects are at an
advanced stage of discussion with both new and existing clients.

A small proportion of these projects have already been completed, but the
Board expects the majority to be delivered in the second half of the Group’s
current financial year ending 31 September 2021.

Geoff Robertson, CEO, commented: “We have seen a marked increase in new
business opportunities since the beginning of the calendar year and the Board
is pleased with the rate at which these opportunities are being converted into
orders. Although some uncertainty remains, primarily due to the ongoing impact
of Covid-19, the outlook for the second half of the financial year is
promising and we look forward to updating our shareholders further in due
course.”

The information contained within this announcement is deemed to constitute
inside information as stipulated under the UK Market Abuse Regulation. Upon
the publication of this announcement, this inside information is now
considered to be in the public domain.

 Enquiries:                                                                               
 Geoff Robertson Chief Executive Officer MediaZest Plc                     0845 207 9378  
 David Hignell/Adam Cowl Nominated Adviser SP Angel Corporate Finance LLP  020 3470 0470  
 Claire Noyce Broker Hybridan LLP                                          020 3764 2341  
                                                                                          

Notes to Editors:

About MediaZest

MediaZest is a creative audio-visual systems integrator that specialises in
providing innovative marketing solutions to leading retailers, brand owners
and corporations, but also works in the public sector in both the NHS and
Education markets. The Group supplies an integrated service from content
creation and system design to installation, technical support, and
maintenance. MediaZest was admitted to the London Stock Exchange's AIM market
in February 2005. For more information, please visit www.mediazest.com



Copyright (c) 2021 PR Newswire Association,LLC. All Rights Reserved