History

Documedia is a Reverse takeover of Tangent Communications.

The deal looks like history repeating itself. Michael Green and his brother David started in the print business before building Carlton Communications into a media powerhouse. Green believes the combined business will offer more output variants than any other. "I'm not aware of any company in the UK that has more diversified services," he stated -- The combined groups clients will include companies such as WPP, J Sainsbury and Citroen. It is forecast to generate underlying profits of 700,000 on sales of 8.5 million in 2005, and it expects to generate double-digit percentage growth from the expanding market for digital direct marketing.

Personalised messaging is the growth sector of the advertising industry at the moment it is mostly direct mail but it will be SMS, imaging, moving pictures on mobiles. This is a business with huge growth potential, Mr Green said.
Nick Green added: Technology allows us to tailor direct marketing in a very personal way. We dont just send people an ad about holidays, we can tell if they like family holidays in France during summer, and send them something extremely specific to that taste.
Industry Trends and Technology.

Good announcement from TNG this morning...
Should do wonders for the SP and give it the kick start it needs to go north ! (imho)



Date: 13 July 2007
On behalf of: Tangent Communications PLC ('Tangent' or the 'Company')
Embargoed until: 0700hrs



Tangent Communications plc

AGM Statement





Tangent Communications plc, the direct marketing business, announces that at the
Company's Annual General Meeting, to be held at 10am today, Piers Caldecote,
Chairman of Tangent, will make the following statement:



'I am delighted to report that there has been an excellent start to the new
financial year. Newly acquired Ravensworth has delivered an above budget
performance every month since acquisition. Sales have increased by 23% against
the same period last year (April - June) and currently Ravensworth has 2,994
live customers using its system to generate orders, which represents an increase
of 28% over the previous year.



'Tangent Marketing Services, via its online Toolkit platform, has delivered a
70% increase in ordered volume above the same period last year. Tangent Labs has
signed a Master Agreement with SAP, and is now creating applications which
integrate directly with SAP's own installations of SAP software.

'Each of our five key performance indicators (turnover, operating profit,
operating margin, operating cash and earnings per share) are running ahead of
our expectations and the Board is confident about performance for the remainder
of the year.

,