RAM Active Media PLC Stratford Contract
July 20 2012 - 5:02AM
RNS Non-Regulatory
TIDMRAM
RAM Active Media PLC
20 July 2012
RAM Active Media plc
("RAM" or the "Company")
Stratford contract installation completed ahead of schedule.
RAM, the investor in Digital out of Home ('DOOH') media,
communications and Intellectual Property, announces the successful
Iconic screen installation of its capital sale and advertising
sales contract for its subsidiary, RAM Vision Limited ("RAM
Vision") with property owners CEPF Chariot S.a.r.l and asset
manager Catalyst Capital for its Mall, at The Stratford Centre,
Stratford, London.
RAM Vision has sourced and deployed a large format Iconic
landscape video screen in advance of its scheduled installation
date within the Stratford Centre's main central square. The Company
also has a five year contract for broadcasting advertising sales,
scheduling and content. The Stratford Centre has recently benefited
from a strong increase in custom and now accounts for an annual
footfall in excess of 24 million.
The Company's wholly owned subsidiary 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 with an aggregate annual footfall in
excess of 600 million.
RAM Vision Commercial Director, Paul Masterson comments:
"The Stratford Centre installation ahead of schedule
demonstrates RAM Vision's commitment to its contracted Partners,
confirming our long term strategy of Iconic screen estate growth
both in the UK and on an International basis. This screen provides
a wonderful opportunity for advertisers to get involved in this
summer's activity, with its strategic position within a busy retail
location adjacent to the Olympic site. As with all the screens
throughout our network, this is perfectly placed, ensuring constant
visibility with no obstructions to the line of sight. Catalyst
Capital has proved to be a great commercial partner and we look
forward to working with them again on a number of exciting new
projects."
For further information please call:
RAM Active Media plc
Richard Prosser 0207 518 4303
Libertas Capital Corporate Finance Limited
Sandy Jamieson or Thilo Hoffman 0207 569 9650
This information is provided by RNS
The company news service from the London Stock Exchange
END
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