Venatus Interactive Plc
Venatus Interactive PLC: Tangibal Group plc: Results of AGM and update on new media campaigns
Venatus Interactive PLC / Key word(s): Miscellaneous 05.04.2012 / 17:16 --------------------------------------------------------------------- London, U.K, Thursday April 5th, 2012. The Board of Tangibal Group Plc ('Tangibal'), the Frankfurt quoted interactive and experiential media company, and a 13% holding of Venatus Interactive plc, announces that at today's Annual General Meeting all proposed resolutions were duly passed. At the meeting Jonathan Hall, Tangibal's non-executive Chairman made the following statement: 'Tangibal continues to move forward with our strategy of funding and operating interactive media systems in the cinema and digital out of home sectors internationally'. Since the beginning of the year Tangibal Media has continued to attract major international brands to advertise on its innovative Cinema media network including two campaigns for EA Games for their titles Grand Slam Tennis and Mass Effect 3. The Mass Effect 3 campaign was an interactive campaign where people had to vote for their favorite Science Fiction movie with a chance to win free tickets to the screening of the film. This two week campaign in February achieved over 9,000 votes and over 1,200 verified email entries and generated circa EUR 26,000. In March we received campaign confirmation for our interactive digital screens (Hubs) from Microsoft, who have booked the Cinema Foyer screens for two weeks to launch their new Internet Explorer 9 (IE9) alongside the film release of 'The Hunger Games'. This is also an interactive campaign and will generate circa EUR 31,000. The network in Norway continues to deliver positive revenue growth in 2012, with circa EUR68.000 in gross revenues booked and a further EUR90.000 gross revenues to be received over the spring and summer from campaigns confirmed for Pepsi, AXA (insurance) DNB Bank and UIP (the film distributor). The summer outlook looks promising for all of Tangibal's media formats in Cinemas including renewed interest in the company's uPlay technology for on-cinema screen interactive adverts. Dominic Berger CEO comments 'Major international brands like Microsoft and EA Games choosing our interactive media networks to market their products and services further endorses our vision that interactive media is beginning to become a major element of the media mix in out of home advertising.' About Tangibal: Formed in 2008, Tangibal Group Plc has established itself as a vision leader in interactive media and experiential advertising. The Tangibal Group plc counts many large respect companies as their advertising clients; Sony, Nokia, Renault, Porsche, Pizza Hut, Disney, British Gas, o², RoyalCarribean, isklar etc., just to name a few. Our goal is to deliver solutions that entertain, inform and motivate. See www.tangibal.com for more information. About Venatus Interactive Plc: Venatus Interactive PLC was founded in 2010 with the purpose of investing and taking part in the enormously exciting, high growth interactive technology and social gaming industry, through direct investment in up and coming companies identified and selected by our team as potential new stars on the interactive gaming scene, and its ancilliary industries as well as investment in current established gaming companies with a proven track record of excellent returns. See www.venatusinteractive.co.uk for further information. Disclaimer: The information in this press release constitutes 'forward-looking information'. Other than statements of historical fact, all statements are 'Forward-Looking Statements' that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these 'Forward-Looking Statements'. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise. End of Corporate News --------------------------------------------------------------------- 05.04.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 164164 05.04.2012
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