Captive Audience Display Solutions Clinches Major Middle East/European Narrowcast TV Deal
14 7월 2008 - 3:00PM
UK Regulatory
Captive Audience Display Solutions Clinches Major Middle East / European Narrowcast TV Deal.
Dublin 2008, Captive Audience Display Solutions plc successfully listed on the Plus Market in London on 4th July. The
stated strategy is to rapidly expand the core business overseas into the Middle East and the United States which is
progressing satisfactorily.
Today, further to an agreement with the largest Oil refining, distribution and retail networks in Saudi Arabia to roll
out the CAds narrowcast TV network on forecourts across the Middle East and North Africa, CAds is in the final stages in
the preparation of a detailed rollout plan which is expected to be agreed in the next 6 weeks. The rollout is
anticipated to commence shortly thereafter. The initial network rollout plan will generate an audience of approx 10m
viewers per month rising to 100m viewers as the network expands. Initially, the rollout will be on forecourts in the
Kingdom of Saudi Arabia. Thereafter, up to 10 countries will be added to the network which will ultimately create a very
significant Pan Continental Digital signage network with up to 3 billion viewers per year.
Commenting on this announcement "Liam McGrattan, Chairman of Captive Audience Solutions said "this is a major step
forward in the internationalisation of your company, and will generate substantial revenues in the short term".
The directors of CAds accept responsibility for this announcement.
For further information on Captive Audience Display Solutions please contact,
Liam McGrattan / Brian McDonnell, Captive Audience Display Solutions plc,
T: 01-8230510 M: 087 2745427 / 087 238 3419
Captive Audience Display Solutions plc
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