Direct Line Regulatory News (DLG)

13 Dec 2006 07:00

Delling Group PLC12 December 2006 For Release 7:00 am 13 December 2006 DELLING GROUP PLC (DLG.L) The AIM-listed marketing support services group Contract Gain "Scandinavian retailer Expert adds revenues of approx £3.6 million p.a." "New mobile marketing contract" Delling Group PLC ("Delling"), the only listed marketing support services groupon AIM whose principal assets are in Scandinavia, announces that it has agreed anew contract with Expert Invest AB ("Expert") in which Delling will be responsible during 2007 for the production and delivery of all graphical material toExpert's 300 shops in Sweden. This new contract is in addition to the roll outand development of the previously announced two year contract with Expert forthe implementation of graphic and motion media and screen installations inExpert's recently acquired 'Power' shopping chain. Delling anticipates that revenues from this new contract, when added to thepreviously announced improved expected revenues from Expert (announced 04/10/06), should result in Delling receiving revenues from Expert in the region of£3.6 million per annum. With the contribution from the first Expert deal onlytaking effect from August 2006, this new contract should represent a significantincrease to Delling's expected organic growth in 2007/2008. Delling is also pleased to confirm that other contracts announced in 2006continue to develop according to expectations. On a separate matter, as previously announced, Delling considers that mobilemarketing is an increasingly important area of its services and its now workingon securing services from firms with advanced and accepted technology with aview to generating an income stream from them as quickly as possible. To thisend, an agreement has been signed with Mobtopia AS which provides Delling withthe rights to offer Mobtopia's technology under Delling's own brand name toDelling's customers in Scandinavia. Discussions are now being held with a numberof Delling's customers about such projects. Commenting, Geir Lolleng, Chief Executive of Delling, said: "The development of a number of smaller, but still significant contracts,especially in the exhibition arena, make 2007 the first full year that Dellingcan really benefit from the effects of economies of scale. We are also pleased about the prospect of starting to generate income in the mobile marketing areafrom January 2007, an area from which we are expecting a strong growth in thecoming years." ENDS For further information please contact: Contact: Delling Group PlcGeir Lolleng Tel: + 46 765276024 www.dellinggroup.com---------------------- Adventis Financial PRTarquin Edwards/Peter Binns Tel: 020 7034 4758/020 7034 4760 Notes to Editors Delling Group is a leading supplier of marketing support services for marketingand communication departments throughout The Nordic countries. Delling manages all fields of graphic support in many different forms andformats including trade fairs, exhibitions and interactive digital solutions forthe web, mobile telephone marketing solutions, motion media for flat screens,plasma or LCD. It also supplies IT solutions which support and increase the efficiency of bothmarketing and information departments. However, its major strength is that theGroup can deliver complete turnkey solutions, tailor-made for its customers'every need. Delling also offers outsourcing solutions that can substantiallysave costs and improve efficiency. The Group's major activities are today concentrated in the Norwegian and Swedishmarkets, however, it is quickly expanding into other Nordic areas, as well ashaving customers and production facilities in Eastern Europe. It also has wellrespected suppliers as far a field as China and Thailand. Delling Group has today 100 employees. It is rapidly developing its organisationby focusing on supplying its customers with the quality they demand, deliveredon time at the right price. Central to its philosophy lies the fact that itscustomers will obtain greater effects and efficiency for every pound they investin marketing and information. The Group has strong growth, both through furtherdevelopment of existing clients and establishment of many new relationships,together with acquiring companies that enhance and further develop our businessconcept. Delling's goal is within the course of the next two years, through bothsatisfied customers and recommendations, to be the largest and most profitablecompany in the field of marketing support services within the Nordic countries,and a significant player within Eastern Europe. In October 2004 it was the firstScandinavian business to be listed on AIM, the London Stock Exchange'sinternational market for smaller growing companies. This has given Delling theaccess it needs to capital funds needed to maintain and strengthen the furtherdevelopment of the Group. This information is provided by RNS The company news service from the London Stock Exchange