Business
Contract Win
Contract Win.
About this update from Mediazest Plc
[{"type":"text","content":"\n \nFor Immediate Release\n\n25 November 2010\n\n MediaZest Plc \n\n Contract Win \n\nMediaZest Plc (\"MediaZest\" or \"the Group\"; AIM: MDZ), the creative digital\nout-of-home advertising company and audio-visual (\"AV\") integrator, announces\nthat its wholly owned subsidiary, TouchVision Limited, has been successful in\ntendering for a number of specific Lots under the following Inter-Regional AV\nEquipment Framework Agreement (\"Framework Agreement\").\n\nThe Framework Agreement will run for a term of three years, 2 November 2010 to\n1 November 2013, with provision for an extension of a further year. The\nFramework Agreement covers four purchasing consortia:\n\n * Higher Education Purchasing Consortium, Wales (\"HEPCW\") - comprising 12\n members\n \n * Value Wales - comprises 122 member institutions and includes public sector\n bodies such as Companies House, the DVLA and the Food Standards Agency, as\n well as a number of Educational institutions\n \n * London Universities Purchasing Consortium (\"LUPC\") - comprising 68 full\n member institutions\n \n * Southern Universities Purchasing Consortium (\"SUPC\") - comprising 112\n member institutions\n \nThe Lots which TouchVision has successfully tendered for are as follows:\n\nAV equipment supply only - for HEPCW, Value Wales, LUPC, SUPC. This Lot has an\nestimated annual value of £2million and TouchVision is one of five companies to\nhave been successful in tendering for this Lot.\n\nAV presentation systems, equipment and services (including design, supply and\ninstallation) - for HEPCW, Value Wales and LUPC. The HEPCW and Value Wales\nelement has an estimated annual value of £1million and Touch Vision is one of\neleven companies to have been successful in tendering for this Lot. The LUPC\nelement of this Lot has an estimated annual value of an additional £2.5million\nand TouchVision is one of nine companies to have been successful in tendering\nfor this section of the Lot.\n\nSupply of projector lamps - for all four purchasing consortia. This Lot has an\nestimated annual value of £2million. TouchVision is one of four companies to\nhave been successful in tendering for this Lot.\n\nThe expected total annual spend by the consortia in respect of the Lots to\nwhich TouchVision has been appointed is £7.5million.\n\nGeoff Robertson, CEO of MediaZest, commented:\n\n\"Touch...