RAM Active Media PLC Re Contract with Land Securities (3532M)

TIDMRAM

RNS Number : 3532M

RAM Active Media PLC

17 September 2012

RAM Active Media PLC

17 September 2012

RAM ACTIVE MEDIA PLC

("RAM" or the "Company")

Contract Win

RAM, the investor in Digital out of Home ('DOOH') media, communications and Intellectual Property, announces advertising sales, content production and screen estate management contract win for its subsidiary, RAM Vision Limited ("RAM Vision") with property owners Land Securities, the UK's largest commercial property Company.

RAM Vision will source and install large format Iconic landscape video screens in six of Land Securities UK shopping mall portfolio. They are White Rose in Leeds, Galleria in Hatfield, Bridges in Sunderland, 02 Finchley Road London, Gunwharf Quays in Portsmouth and The Centre in Livingston. RAM Vision is to manage a five year contract for broadcasting advertising sales, scheduling content and screen management at all six named malls. These additional mall sites account for an annual increased footfall on the RAM Vision broadcast estate in excess of 71 million.

Following the successful installation of these contracts, RAM Vision will initiate a plan in its offering to roll out Iconic large format video screens across the Land Securities mall and retail portfolio. RAM Vision will be working closely with both the commercial team at Land Securities head office in the Strand, London, and the individual management teams at each site location under contract.

RAM Vision operates digital out of home (DOOH) media advertising sales and content provision and is the largest landscape screen broadcaster in shopping malls within the UK. The Iconic portfolio is now extended to 29 screens nationwide in major retail destination venues. The contract win is also forecasted to deliver a significant percentage increase to RAM Vision bottom line contribution and enhances the aggregate annual footfall in excess of 670 million.

Land Securities is the UK's largest commercial property owner with approximately 20.6m sq ft of retail accommodation and currently has a portfolio in this sector of 24 shopping centres and 19 retail locations.

RAM CEO Richard Prosser comments:

"The contract win by RAM Vision with Land Securities is a significant enhancement to the Company's fast emerging growth in Iconic digital screens in key retail and leisure locations. It is the intent of both parties to have fully installed and screens live in time for the important fourth retail trading quarter. The 71m additional footfall to the RAM Vision estate is a further statement to outdoor digital advertising market of the company's strategy to enlarge its Iconic screen network and deliver on its pipeline of future contract wins with other major UK Land and Property owner estates. This is a further commercial demonstration of RAM Vision's UK Iconic and Walkway screen network growth within this important and active sector."

For further information please call:

RAM Active Media plc

Richard Prosser 0207 518 4303

Libertas Capital Corporate Finance Limited

Sandy Jamieson/Thilo Hoffman 0207 569 9650

This information is provided by RNS

The company news service from the London Stock Exchange

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