MEDIAZEST PLC - Board Appointments

9 July 2015

MediaZest Plc

("MediaZest", the "Company” or “Group"; AIM: MDZ)

Board Appointments

MediaZest, the creative audio-visual company, announces the following Board changes.

The Board has appointed Andy Last ACA as an Executive Director of MediaZest and as its Finance Director with immediate effect.

Mr Andrew Last (aged 34) joined MediaZest in October 2014. Since then he has played a key role in recent corporate developments as the Company continues to execute its strategy of winning new customer contracts whilst improving the Group’s recurring revenue streams. Prior to MediaZest, Andy worked in practice for a firm of Surrey based Chartered Accountants and specialised in advising a portfolio of small and medium sized UK based businesses.

James Abdool, currently Group Sales Director, will step down from the Board as of 31 August 2015. In the intervening period he will continue to work on current projects and clients. It is intended that Mr Abdool may continue to work with the Group in an ongoing capacity as a consultant and if so the terms of this arrangement would be expected to be agreed towards the end of August.

As a result of both of these changes, Geoff Robertson will remain CEO and assume overall responsibility for the Group sales effort. To supplement the Company’s resources in this area, the Board has appointed a senior new business development executive who will join this month. This role is not expected to be that of a statutory Director but will be a senior level appointment to help drive the business forward.

Commenting on the changes, Geoff Robertson, Chief Executive Officer, said "We are delighted to welcome Andy to the Company’s board. He has been an excellent addition to our team since joining us in October 2014 and we look forward to his contribution at this exciting time for MediaZest.

James joined us at a pivotal time nearly five years ago and has helped us significantly in developing the Company’s sales strategy and client base. He has also helped us to identify and solidify key partner relationships in the period and to drive the company towards the growing recurring revenue streams that we are currently achieving.”  

There are no further disclosures to be made in respect of Andrew Last pursuant to Schedule Two (g) of the AIM Rules.

Enquiries:

Geoff Robertson
Chief Executive Officer
MediaZest Plc                                 0845 207 9378

Edward Hutton / David Hignell
Nominated Adviser
Northland Capital Partners Limited          020 7382 1100

Claire Noyce / William Lynne / Niall Pearson
Broker
Hybridan LLP                                  020 3764 2341/2342/2343

Notes to Editors:

About MediaZest

MediaZest is a creative media agency and audio visual systems integrator that specialises in providing innovative marketing solutions to leading retailers, brand owners and corporations, but also works in the public sector in both the NHS and Education markets. The Group supplies an integrated service from content creation and system design to installation, technical support and maintenance. MediaZest was admitted to the London Stock Exchange's AIM market in February 2005. For more information, please visit www.mediazest.com