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Pin to quick picksDirect Line Regulatory News (DLG)

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Share Price: 200.80
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Change: -2.60 (-1.28%)
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Open: 207.00
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Overseas Contract Gains

26 Apr 2005 07:00

Delling Group PLC26 April 2005 For release 7:00 am 26th April 2005 Delling Group Plc Overseas Contract Gains Delling Group ("Delling Group" or "the Company"), the marketing support servicesgroup, announces that its subsidiary, Butler Systems, which provides turnkeyconcepts for plasma screens in overseas shopping centres, has won a number ofcontract gains in Scandinavia and Eastern Europe, the combined value of which is£800,000. Turnover from these contracts will be realised from May this year andonwards. The first contract is with Sony, the leading supplier of hardware systems,regarding joint sales activities in the Nordic region. Butler Systems has alsowon a high profile project with Telia Sonera, the largest telecommunicationsoperater in the Nordic area, which will entail installing plasma screens anddirect communication between billboards and mobile phones in Stockholm-ArlandaAirport, Sweden. The third contract gain is with the Inflight Group, theinternational operater of shops on airports and ships, providing a turnkeyconcept for their new flagship store at Warsaw Airport as well as a digitalasset management system for their Polish operation. Commenting on the contract gains, Geir Lolleng, Chief Operating Officer ofDelling Group, said: "These contract gains support our business strategy ofstrong growth. Of our four subsidiary businesses: Depicta, Depicta Fame, Azzetsand Butler Systems, the principal drivers of the business in terms of criticalmass, financial contribution and target area for acquisitions have to date beenDepicta and Depicta Fame. I am delighted that Butler Systems, which is at anearlier stage of development than the other subsidiaries, has won thesecontracts. The Butler Systems sales pipeline has increased significantly in thelast three months and I expect further overseas contract gains in this area toevolve later this year. These contract gains follow the acquisition of twobusinesses in Norway announced last week." ENDS For further information please contact: Delling Group Plc Aksel Bratvedt, Chief Executive 020 7010 8210 07766915245Geir Lolleng, Chief Operating Officer 020 7010 8210 +46 708 556 727 Binns & Co PR Ltd Peter Binns 020 7153 1477 07768 392582Hannah Sloane 020 7153 1480 07855 084713 Editors' Notes: Delling Group provides an outsourcing service to the marketing andcommunications departments of small, medium-sized and international corporates.This includes the outsourcing of media production and production management. Itis a UK registered company with most of its business currently in Scandinavia. Delling Group comprises of four subsidiaries: Depicta, Depicta Fame, Azzets andButler Systems. Depicta Fame was acquired in October 2004. The company is the market leader inproduction of in-store advertising material and exhibition material in Norway. Azzets is a specialist provider of proprietary digital asset management softwaresolutions and services concentrated on the content management and marketresource management needs of large international enterprises. Butler Systems is a media IT company offering its own concept for delivering andmanaging content on plasma screens in retail stores, airports and exhibitioncentres. This information is provided by RNS The company news service from the London Stock Exchange
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