PRICE 3.75-4.25 PENCE.

Publication Date:May 14 2007

MediaZest

Internal changes allow for capitalisation of product suite

* Provides technical and creative digital media solutions
* Well positioned to take advantage of changes in advertising market
* Acquisition of Touch Vision broadens the customer base
* Share price overshadowed by misconception that they are dependant on the advertising revenue cycle.
http://www.equitydevelopment.co.uk/from-sponsor/mediazest/413

Mediazest Half-yearly Report

MediaZest Plc

Interim results for the six months ended 30 June 2007

CHAIRMAN'S STATEMENT

Introduction

The results for MediaZest Plc ("MediaZest", the "Company", and collectively with the Subsidiary Companies, the "Group") reflect the six-month period to 30 June 2007. They incorporate the results of its subsidiaries, all of which are wholly owned.

Results for the Period

Turnover for the period was 1,806,000 (2006 - 1,325,000) and the Group made a loss for the period, after taxation, of 223,000 (2006 - 447,000) after finance costs of 3,000 (2006 - 2,000) and having paid administrative expenses of 1,003,000 (2006 - 955,000). The basic and fully diluted loss per share was 1 pence (2005 - 2 pence). The Group had cash in hand of 251,000 (2006 - 963,000) at the period end.

Overview

The Group has made considerable progress in revenue generation during the period in both operational subsidiaries, MediaZest Ventures Limited ("MediaZest Ventures") and Touch Vision Limited ("Touch Vision"). Revenues in the Group grew by 36% versus the comparative period, reflecting increased interest in the products and services we offer and the developing digital out-of-home advertising market. The programme of cost containment measures begun in 2006 has given the business a more tenable cost base going forward and the full effect of these changes is expected to be felt during the second half of 2007.

Despite these positive developments, the Group recorded a loss in the period of 223,000, albeit half that of the comparative period in 2006. The largest proportion of these losses was incurred during a difficult start to the year in January and February.

MediaZest Ventures

In order to increase our revenue we pursued a new marketing strategy during the period, which has been successful in generating business from new clients.

These continue to be, predominantly, advertising agencies, media agencies and brand owners looking for both creative and innovative ways to increase sales or reinforce branding messages.

Our efforts have been aided by increasing acceptance of the use of digital media in out-of-home advertising. Industry intelligence puts the number of out-of-home screens capable of carrying advertising at over 120,000 in the UK alone. Although the Group does not currently operate such national media networks, it is indicative of the growing interest in the services that we offer.

During the first half of 2007 we undertook projects for blue chip companies such as Mizuno, Sony, Famous Grouse and 20th Century Fox, amongst others.

Repeat business with clients such as Chivas has also been encouraging.

Touch Vision

The improvement in Touch Vision results since we took ownership in 2005 has continued. This has been due, largely, to the reforms made to loss making areas, the winning of new contracts and an increasing volume of business being passed through from other Group companies.

In addition to the three-year framework agreement for the provision of sales, installation, and maintenance of audiovisual equipment to London South Bank University and London Metropolitan University, won last year, we have been appointed as one of four audiovisual installation suppliers to another large university for a four year period with effect from 1 August 2007. Furthermore, we have recently won our first piece of business under this tender agreement, which will be completed by the end of September 2007. Other significant wins have allowed our Education department to continue to grow and we have spent considerable time honing our high quality offering in this area, with encouraging results. Since the majority of work for these organizations occurs during holiday-periods, this work has proven counter-cyclical to our retail business and hence reduces our operational risk.

As the Christmas period approaches, orders across our retail clients have increased. We were pleased to have been involved in the HMV Store of the Future project, which has recently opened to much media interest. As well as providing audio-visual design, integration and installation services to this project, we have also supplied content management to a range of passive and interactive screens. The Company continues to provide maintenance services to all HMV UK stores. In the first half of 2007, we completed a range of exciting new audio-visual installations for a shopping centre in the North West of England, which included the deployment of Panasonic's 103" Plasma Screen for the first time in a UK retail environment and the implementation of a wide range of content management solutions.

In the Corporate sector, the Company completed two significant orders - providing audiovisual solutions for the new UK headquarters of both Electronic Arts, a major international computer games manufacturer, and Dunnhumby, a leading database manager and analytical services provider.

Outlook

The growing demand for digital out-of-home media coupled with our improved positioning and awareness of our services in the marketplace gives us grounds for optimism in the future. The second half of 2007 has begun with the Group's strongest ever quarter and in addition to a wide range of work in the education sector we have a good order book going forward with a number of well known blue-chip clients.

The impact of the rationalisation programme that was begun in 2006, is anticipated to be fully realised in the second half of 2007, with cost benefits occurring, primarily, in salary and administrative costs. Although headcount has increased, we have recruited more chargeable engineering resource whilst reducing non-revenue producing staff costs resulting in a net saving in salaries and employment overhead.

As part of our revised strategy in the market, we have begun developing closer ties with traditional Point-of-Sale suppliers as we believe that the future of in-store Point-of-Sale lies in the amalgamation of our technology with more traditional methods; the common ground being creativity in the crafting and delivery of the message.

Lance O'Neill Chairman 17 September 2007

1 YEAR CHART

Somebody else also mentions the cash problems on iii.

"Most of the assets consist of Goodwill.As the co is loss making it is difficult to put any value to this.The company has net assets,at interim other than this of about 627000 & net current assets of around 528000,perhaps under 400000 now.At current rate of losses it will need to raise additional funds shortly.Fully valued I would suggest unless it pulls something out of the bag,so far all it has managed is losses"

Not without doing a capital re-organisation trader6. With increased turnover in the half-yearly report I would expect a good full year figure for turnover. IMO the loss wasn't huge at 223K due to a difficult couple of months at the beginning of 2007. They've already said about the healthy order book and the second half of the year is the strongest for the company. I think could trade there way to profitability. They've won alot of business from the likes of HMV, 20th Century Fox, and EA Sports in recent weeks.

You seem to be ignoring the major issue of cash here, the company looks to be
running out of money and will have to raise more funds soon, even if the company
was to reach profitability it does not change the cash position.

I rate these at best a hold but in reality it's a sell unless they can raise funds.

You only seem to have got yourself thinking about a cash issue which should just be fine without thinking of how busy the company is at this moment in time. Also, the possiblity of other coroporate activity espcially when the turnover is nearly going to be 4 million if not more for the full year and the major shareholders interest at way above current prices. The new CEO recently topped up his holding. But that counts for nothing, doesn't it. High Risk High Reward stock like SCT which was handsomely rewarded from 2.30 pence to 5 pence last week. Now there a cash issue was apparent as the company stated!

MediaZest set to amaze and confuse




MEDIAZEST WILL be showcasing a number of stunning projects at this year's In-Store Show, including holograms, moving floors, and whispering furniture.

"The firm specialises in innovative, impactful and effective technologies that that enhance spaces, attract customers and reinforce brand identities in memorable and unique ways," says a spokesman for the company.

Visitors will be wowed by a replica of the successful C&A lingerie project, which features a holographic projection of models, and by the Interactive Floor which moves, ripples and flips over as the customer walks over it, stopping them in their tracks.

Magic
The Whispering Window, which creates a speaker from everyday objects such as glass furniture or boardroom tables will have customers searching the stand for a magic speaker.

And they will be further confused by the Directional Sound - a narrow beam of sound targeted at specific listeners.



Also on display will be the Digital Logo, which makes your logo come alive with video content on a screen cut to your logo shape, and Directional Sound Screens to show projections and digital content in all their glory.

3M will also be joining MediaZest at the In-Store Show, to showcase its Digital Signage and Touch Screen offerings.

http://instore.creativemessage.com/Newsletter.aspx?s=0814ec58-3605-4900-852d-79bbdea2ec47&l=2&n=1&i=1&c=0&a=15&o=0

The IN-STORE Show: 20-22 May 2008 Earls Court 2......well atleast they are thinking ahead as well.

http://www.instoreshow.co.uk/

It would be fair to say that you are just a day-trader Active, i dont know why you
are posting all these clips to promote the long term prospects of this company when you have no intentions of holding this stock more than a few weeks.
I base my thoughts after reading a few threads on this bb where you have posted
more or less exactly the same only to sell very quickly (Sct and Bgt)

errmmm I've been accumulating in BGT since July. SCT - I held for 3 weeks and the price rose by 115% and reach my target price that I continued talking about. So do I be an idiot and not cash in my profit. U seem to be at a lost with your deramping! I see fair value in MediaZest at 7.00-7.50 pence so will sell my holding then. If it reaches that target in days/weeks rather than months then so be it!

.

Active.

"U seen to be at a lost with your deramping"

Actually i prefer the term "posting facts", the company is loss making, it seems to be burning a lot of money and if that trend continues it looks like they will be now
close to burning it all so they need to raise more funds which is more dilution and
new stock under the current market price.
Each time i ask you about funding you avoid the subject.

Lots of positives from last months Interims: the company could do better on the PR front by releasing contract and agreements (new business wins) in RNS's + maybe providing trading updates in between results:

-Turnover 1.80m
-Undertook new projects for blue chip companies such as Mizuno, Sony, Famous Grouse and 20th Century Fox. Repeat business from the lkes of Chivas
-Appointed as one of four audiovisual installation suppliers to a large university for a 4 year period with effect from 1 August 2007. Recently won first piece of business order under this tender agreement
-Orders across retail clients on the increase as christmas approaches
-Involved in the HMV Store of the Future project
-Continues to provide maintenace services to all HMV UK stores
-Completed a range of exciting new audio-visual installations for a shopping centre in the North West of Engand, included the deployment of Panasonic's 103" Plasma Screen
-Completed two significant orders - providing audiovisual solutions for the new UK headquarters of both Electronic Arts, and Dunnhumby.
-Second half of 2007 begun with the company's strongest ever quarter
-Good order book going forward with a number of well-known blue-chip clients

trader6...the company could be making a profit with their strongest every quarter recently and all the new business WINS.


Active [View Active's profile] - 27 Oct 2007 20:18 - 17 of 24 edit this post
"You only seem to have got yourself thinking about a cash issue which should just be fine without thinking of how busy the company is at this moment in time. Also, the possiblity of other coroporate activity espcially when the turnover is nearly going to be 4 million if not more for the full year and the major shareholders interest at way above current prices. The new CEO recently topped up his holding. But that counts for nothing, doesn't it. High Risk High Reward stock like SCT which was handsomely rewarded from 2.30 pence to 5 pence last week. Now there a cash issue was apparent as the company stated!"

Again you completely avoid the question of their cash position and their funding.
Dont you realise that companies that makes profits still burn cash ?

I think i'm wasting my time here, you seem to be just a pump and dumper.

Good luck but i will filter you now as there's no value in trying to have a
reasoned debate.

Good Luck I will filter you too as you are hell bent on not looking at any of the positives from last months Interims.

i see chaucer6 (active)is ramping it here as well as A D V FN

Very good buying volume today which has been lacking before. Nice rise and IMO should see the price rising to around 7.00-7.50 pence which I think is fair value without news. Was at work all day so couldn't get the chance to speak to Geoffrey Robertson but will do so tomorrow. Level 2 closed positive at 2 v 1 and 2 of the market makers have already taken positions on the 5.50 pence offer.

The Client List has been updated to what is was from in August 2007. Could do with announcing new client WINS in RNS's. New Clients:

* Dunnhumby
* Modus Properties
* London South Bank University
* London Metropolitan University

Client list

* Sony Ericsson
* Nintendo
* Microsoft (Xbox and Vista)
* Motorola
* Sony
* Proctor & Gamble
* Shell
* Chivas Regal
* Vodafone
* Mizuno
* Adidas
* Nokia
* Boots
* O2
* Musgraves
* Intel
* Arsenal FC
* Candy & Candy
* Unicredit
* HMV
* C&A
* Estee Lauder
* Dunnhumby
* Modus Properties
* London South Bank University
* London Metropolitan University
* The Co-Operative Group

Had a read of the thread on advfn, it's clearly a pump and dump, any questions
on fundamentals and cash burn just get ignored like they did on here.
I'd be wary of chasing this up because there's a few on there looking to dump
and you can include active for starters.

AUDIO WEBCAST: Mediazest MDZ - Final results and annual report

Click here to listen

Bought some more of these yesterday...a bit of action today,,,it looks encouraging for new contracts to be announced soon (imho)