Business
AGM Statement
AGM Statement.
About this update from Caledonian Holdings Plc.
[{"type":"text","content":"\n RNS Number : 8587Y Deal Group Media PLC 11 July 2008 \n \n\n\n\n\n\n\nPress Release\n\n\n 11 July 2008\n\n\n\n\n\n\nDeal Group Media plc\n\n('DGM' or 'the Group')\n\n\nAGM Statement\n\n\nDeal Group Media plc (AIM: DGM), an independent online marketing group, will hold its Annual General Meeting at 10:00am today at the 19 Cavendish Square, London W1A 2AW. \n\nAt the meeting Adrian Moss, CEO, will provide the following trading update:\n\n'The Group's strategy is to continue its focus on the Asia-Pacific region, including Australia, where for Asia Pacific in particular, the state of evolution for Internet advertising is significantly lower than in the UK and Europe. \n\nCurrently Asian advertisers do not allocate as high a proportion of their total advertising budget to Internet compared to elsewhere whilst consumer adoption is high and growing. High growth rates in online advertising spend are expected as advertisers align their Internet spend to consumer media consumption. \n\nThe levels of genuine competition are similarly low. There are few suppliers currently that can offer advertisers the width of services, technologies, experience and expertise that we offer. \n\nDelivering a demonstrable return on investment for clients is at the core of the Groups offering and this type of advertising is less susceptible to macro economic downturns, which actually strengthen advertisers focus of getting value for money and only increases the relevancy of our offering.\n\nOperationally we are making solid progress and from our Singapore base the holding company continues to support our three business units DGM, AKTIV and Deploy with DGM still delivering by far the majority of our results to date.\n\nSolutions offered by DGM are either single or multiple routes to clients target audience. Search engine marketing, affiliate marketing and banner advertising are the dominant strategies.\n\nDGM's current delivery is dominated by Australia who continues to enjoy a dominant market position, recently winning the inaugural Australian Internet Advertising Bureau ('IAB') award for search engine marketing. The DGM Singapore and India operations are progressing well with India showing month on month growth, now making a consistently p...