MEDIAZEST PLC

Regulatory Filings • Jan 15, 2014

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MEDIAZEST PLC - MOU signed with Argus Global

PR Newswire

London, January 14

                             MediaZest Plc               ("MediaZest", the "Company" or "Group"; AIM: MDZ)              MOU with Argus Global (Biometric Technologies Ltd)MediaZest, the creative audio visual company, is pleased to announce a newworking relationship with Argus Global (Biometric Technologies Ltd) ("Argus").The two companies have signed a Memorandum of Understanding with intent to workclosely together in order to develop and promote value-add solutions createdusing the Cognitec FaceVacs Videoscan platform in order to showcase thecapabilities of modern face recognition software, particularly in the retailspace.The agreement has an initial term of 2 years during which time the companiesexpect to develop together unique solutions to facilitate audience measurementand value added data analysis products.Geoff Robertson, CEO of MediaZest said "The Company is delighted to enter intothis agreement and believe that the solutions we will develop together withArgus will give both companies a unique edge within the face recognition andaudience measurement market. In particular we believe it will allow MediaZestto more accurately measure the success of its client work and add value inunderstanding return on investment. Ultimately it will enable us to develop anddeploy better and more innovative solutions to our customers."Enquiries:Geoff RobertsonChief Executive OfficerMediaZest Plc 020 7724 5680Gavin Burnell / Edward HuttonNominated AdviserNorthland Capital Partners Limited 020 7796 8800Claire Noyce / William LynneBrokerHybridan LLP 020 7947 4350 / 4361Notes to Editors:About MediaZestMediaZest is a creative media agency that specialises in providing innovativemarketing solutions to leading retailers, brand owners and corporations, butalso works in the public sector in both the NHS and Education markets. TheGroup supplies an integrated service from content creation and system design toinstallation, technical support and maintenance. MediaZest was admitted to theLondon Stock Exchange's AIM market in February 2005. For more information,please visit www.mediazest.comAbout Argus GlobalArgus Global provides intelligent, secure, trusted solutions delivered with thepower of biometrics. The systems we create, streamline business processesthrough the unique and secure identification of people, and are used in adiverse range of business sectors.Established in 1997, Argus Global is respected as a key integrator andinnovator in the biometric space. With head quarters in Australia and officesin the UK servicing EMEA, we have international reach, and are experienced inimplementing projects for clients around the world. www.argus-global.co.uk