WARNING Please note I have not verified the information contained in this thread so PLEASE DO YOUR OWN RESEARCH

Spectrum Interactive plc is pleased to announce a new exclusive 3 year agreement to supply WiFi services to 86 Greene King hotels and pubs across the UK..11 Jan 08.

Spectrum are transforming from a payphone operation to a interactive one, although the better located payphones (approx. 5,000) will remain profitable for several years to come.

Recently they have secured long term contracts to 2011 with BAA & 2012/13 with Birmingham International for interactive services and also with Travel Lodge for Wi-fi until 2014. Furthermore they have changed strategy from one-off revenue on Wi-fi to reccurring revenue.

They are rapidly removing loss making payphones,1500 have already been removed with more to follow. Also they are divesting from loss making Germany, and indeed have written off 4.7m in last accounts relating to that.

Capex went up from 0.9m first half to 2m second half, so interactive is growing very fast.....forecast is for 700,000 profit and 2p eps, for 2008, but the brokers have not been very accurate in the past! However this time round Spectrum have anounced at thier AGM that trading is above expectations in the first four months, which gives some hope that the forecast will be met or indeed beaten.

More recently Spectrum have won a contract for Digital Services with BAA and cleverly they have 'installed' their casino offering in the airports, with notable advertising giving free access to those who play, the Spectrum Casino site links suggest they may get 30 pounds for each sign up, just 50,000 customers would be 1.5m revenue, (one would think mostly profit) split between BAA and Spectrum, not forgeting the advertising revenue, which is another bonus. Spectrum will also have 40,000 rooms on Wi-fi soon too for the casino offering, which could be even more lucrative.

Furthermore Spectrum have recently tied up a pub/hotel chain with Wi-fi until 2011, It will be hoped that more of these will follow the exclusive contract with Greene King.

When performing as they should, Spectrum should be making 10% of turnover on the bottom line, hence 20m turnover should make 2m GBP pre-tax for this 4m market cap. (In 2005 Spectrum acheived 2.4m profit on 16m turnover then having circa 1m interest to pay, 600k more than now)

Update from their AGM statement 26th November

"I am pleased to report that trading in the first four months of the 2007-8 financial year has been above market expectations."

"The outlook for the remainder of the financial year is encouraging. As the dependency on payphone income further reduces we expect income from interactive services to become predominant and this consistently growing business is demonstrating healthy gross margins and profitability."

Spectrum launches new WiFi & Blackberry printing service for hotels

Spectrum launches new WiFi & Blackberry printing service for hotels


This week Spectrum Interactive formally announces PrintSpectrum, a WiFi & Blackberry printing service, at the Hotelypia show, Excel Centre.

This new to the UK service, enables a hotel manager to provide fully managed and controlled, secure printing services to WiFi, Blackberry and other email device users. The service utilises a hotel's existing (internet connected) PC & printer, and Spectrum supplied software.

Each hotel is given its own PrintSpectrum web URL and email address, and guests simply forward (or upload to the website) their email or documents that need printing. The resulting prints are securely stored until the guest provides a PIN, and only then can the staff access & print the request. The hotel can offer PrintSpectrum services, as a free service or charge locally for each print.

Alternatively the PrintSpectrum website can charge the guest online, enabling the hotel to provide a paid for service, without needing to handle cash payments.

Daniel Gray, Head of Marketing & Product for Spectrum said "This is an exciting new development for WiFi site owners, including hotels, travel locations, cafes & corporate offices. The service is not dependent on the local operator of the WiFi service, and in fact (for Blackberry printing) the site doesn't even need to have WiFi working!"

"PrintSpectrum is sold to the site on an annual licence, and is independent of any other Spectrum service. The service has been exceptionally well received, and we are working on a number of further developments to offer integrated printing into other Spectrum products and services."

"All hotels are now aware of the importance of providing WiFi for laptop users. However hotel staff & their IT managers have for a while been struggling with handling requests for guest printing. Now we have a secure, virus proof, and fully managed solution, thats quick to install, and easy to use!"

http://www.spectruminteractive.co.uk/press/detail.php?recordID=120

For more information on PrintSpectrum visit www.PrintSpectrum.co.uk Or contact the Spectrum Sales Team via the Web Form http://www.spectruminteractive.co.uk/contact/sales-report.php

About Spectrum Interactive plc Spectrum provides internet desks, WiFi (hotspots & fully cabled solutions), payphones and other related services to customers across the UK & Germany. The company is a market leader in the provision of public internet desks in the UK with a total of 1,900 units in service (many of these at 25 UK airports that Spectrum operate at) and, with the recently announced agreement with Travelodge, Spectrum currently operates around 900 WiFi hotspots, mostly in hotels & airports. Spectrum also owns and manages around 7,500 payphones.

Spectrum's customers are spread across a wide range of market sectors encompassing locations as diverse as airports, military camps, universities, hotels, hospitals and other key travel locations, and its millions of regular end users benefit from a high quality, affordable and reliable services.

www.spectruminteractive.co.uk

26th-February-2008

PRESS RELEASE

Travelodge WiFi now sold online, with the room!

No image No image
The Travelodge website now offers guests the opportunity to purchase WiFi time, at the same time as booking their hotel room.

Spectrum Interactive plc (the exclusive provider of WiFi services at UK Travelodge sites) and Travelodge have worked closely on integration work to enable Spectrum's WiFiSpectrum vouchers to be sold online through the Travelodge website. The development prompts the guest to add additional purchases including WiFi vouchers during the online booking process. Once bought, it makes the connection process easier on the day of the stay, and guests still have the option to pay by credit card on the day if they wish.

Daniel Gray, Spectrum's Head of Marketing & Product said, "We're excited by this development, and have successfully integrated with one of the UK's busiest websites. We believe this adds choice for the hotel guest, and we have already seen a notable percentage of total purchases being sold via the Travelodge website. This innovation will help further improve the awareness of WiFiSpectrum availability across the Travelodge estate, and we expect it to increase overall Travelodge WiFi revenues."

Distressed seller with Winterfloods ?

They are 5.25p offer when all the other mm's are 5-7p

Yep, 550k dumped at 4.5p with Wins and they are selling it on for 5.15p for
a nice turn, now if nothing is wrong with the company which is always the
risk side of it assuming the seller just needed the money then there's a 10-20%
possible gain on the table if wins can clear the remaining 400k because there
was 150k of buys after that trade including my small buy, kept it small because
i wanted to see the size of that sale first, we shall see.

LIAR

Nice acquisition today.

This actually looks very cheap now.

They are quite profitable albeit they have been dropping in touch times but
they do generate cash and debt has been dropping well.

Only reason no movement and will remain no movement until wins sell that
remaining 400k of the large sale on Friday.

Easily get back above 7p when it does, that 5.25p looks great value to me
and the next offer remains 7p on L2.