Business update
October 17 2007 - 11:22AM
RNS Non-Regulatory
Zyzygy PLC
17 October 2007
Zyzygy plc ("Zyzygy" or "the Company")
Business update
17 October 2007
The Company announced on 26 September 2007 that it had delayed the IPO of its
investee company MarineTrack pending a decision in respect of certain contract
negotiations. Whilst the outcome of these negotiations remains ongoing, Zyzygy
has decided to proceed with the flotation of Marine Track with admission to AIM
expected to take place by the end of 2007.
The Company is also pleased to announce that another investee company, NiceTech
Limited, continues to make good progress with its Tronji contract and remains on
schedule to complete the game for Spring 2008, to coincide with the broadcast
launch of Tronji on CBBC. NiceTech will be presenting Tronji at BAFTA's "Working
With Games" conference on 23 October 2007. Further information may be obtained
on NiceTech's website, www.nicetech.co.uk .
For further information, please contact:
Zyzygy plc
Duncan Lipscombe, Chairman
07775 681648
Grant Thornton Corporate Finance
Philip Secrett/Colin Aaronson
020 7383 5100
This information is provided by RNS
The company news service from the London Stock Exchange
END
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