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ISD Imagesound

5.00
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Imagesound LSE:ISD London Ordinary Share GB0002632569 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

AGM Statement

17/05/2007 8:00am

UK Regulatory


RNS Number:7164W
Imagesound PLC
17 May 2007


17 May 2007
                                 Imagesound plc

                             AGM Trading Statement

Imagesound plc (AIM: ISD.L), the UK's leading listed supplier of in-store music,
radio and TV services to the branded retail and leisure sectors, is holding its
Annual General Meeting today at 11.00 a.m. at Venture Way, Dunston Technology
Park, Chesterfield. Chairman, Derek Mapp, will make the following statement
about current trading:

"I am pleased to report that trading during the first four months of the year
has been in line with management expectations.

"We have continued to make good progress within our core business. Trading
highlights include the successful roll-out of a new satellite platform across
the 180-store Wickes estate, as an upgrade to the three year contract renewed
last year. We have renewed our contract with Superdrug, a major Imagesound
client, which involves the roll-out of a new audio platform across the existing
740 stores supplied, as well as to an additional 200 stores which are being
converted to Superdrug outlets from Savers. We have also won a new contract with
Bon Marche, providing in-store radio to 350 stores across the UK.

In addition to progress in the UK, we are continuing to build our international
distribution network, and have signed distribution agreements with partners in
Portugal, Dubai and Greece in the year to date. These partners were attracted to
our advanced client profiling software, management system and players. This new
channel has added 66 new international subscribers so far.

"We are making progress in the lucrative young persons bar sector, through the
introduction of interactive audiovisual players, which we distribute under
license in the UK, alongside our proprietary DJ interface. We have now completed
the first major roll out to the 70-strong Slug & Lettuce chain.

"MusicStyling, the leading provider of bespoke music content to the luxury
hotel, spa and resort industry worldwide, acquired by the Company in May 2006,
has continued to perform well, and ahead of last year. New wins include the Four
Seasons and Radisson chains, and further roll outs across the Marriott estate,
where we now supply around 200 Marriott hotels. Building on the international
strength of MusicStyling, we are in the process of opening a new office in
Vancouver, to cover the important American hotel market.

"We have entered 2007 in good shape, and are confident that we can continue to
make progress in the coming year."


                                     -Ends-

For further information:

Imagesound plc
Derek Mapp, Executive Chairman                            Tel: 01246 572 990

Hogarth Partnership
James Longfield/Georgina Briscoe/Sarah Richardson         Tel: 020 7357 9477


Notes to Editors

Imagesound is the UK's leading listed supplier of in-store music, radio and TV
services. It provides music and messaging services to over 45 leading branded
retail and leisure chains reaching over 13,000 subscriber outlets.

Customers include Superdrug, Yates, B&Q, Kwik Save, Foot Locker, Carphone
Warehouse, McDonald's, Subway, Halifax, Next, Focus, Holiday Inn, River Island,
O'Neill's, Fitness First, Pizza Express, Hyatt, Starwood and JJB.

Imagesound is listed on the AIM market of the London Stock Exchange (ISD.L)


                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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