Business
License Deals Update
License Deals Update.
About this update from Zoo Digital Group Plc
[{"type":"text","content":"\n Zoo Digital Group PLC\n07 April 2006\n\n\n7 April 2006\n\n ZOO DIGITAL GROUP PLC\n ('ZOO' or 'the Group')\n\n ZOO Signs New Software Licensing Agreements\n\nZOOtech Ltd ('ZOOtech') the interactive DVD technology pioneer and subsidiary of\nZOO, today announced it has signed a number of licensing deals for its unique\nDVD authoring technology DVD-EXTRA. The deals are across multiple territories\nand see the continued roll-out of the technology to developers and publishers\nlooking to produce highly interactive DVD titles. ZOO expects to generate around\n£1.5million in revenues from licensing and royalties in this market sector in\nthis financial year.\n\nIn North America new agreements with Scholastic Media, Brighter Minds Media and\nEndless Games for products that use ZOO's technology for new interactive DVDs\nwill produce a broad range of new titles based on popular television, film and\nbook properties. In Europe further licenses have been agreed with Vivid\nImaginations Ltd, Big Red Frog, Silenn and Compedia. ZOOtech has also signed its\nfirst developer and publisher contracts in Italy with Cinehollywood -\ndemonstrating the continued expansion and growth in the market for interactive\nDVDs across multiple territories. These additions contribute to a robust\npublishing schedule for 2006 and 2007 across a number of DVD game categories.\n\nStuart Green, CEO of ZOO, said;\n\n'ZOO is very pleased to be working with these new partners to create a diverse\nrange of products using the DVD-Video platform to create truly interactive\nexperiences that children, families and gamers will enjoy. The Board believes\nthat the prospects for the development of its range of unique DVD software tools\nremain sound and are encouraged by the continuing commercial opportunities\npresented. We are committed to reducing the technology barriers so that\npublishers have the greatest possible freedom to bring their visions of\ninteractive entertainment to the DVD market. DVD-EXTRA STUDIO users can automate\nmany formerly manual processes, such as the generation of assets and links.\nThese types of efficiencies simply cannot be replicated using other tools.'\n\n - ends -\n\nEnquiries:\n\nStuart Green \nCEO, ZOO Digital Group plc \n0114 241 3700 \n\nJames Chandler/Lana Pugh\nWeber Shandwick Square Mile\n07771 787098/ 020 7067 0747\n\nAlasdair Robinson...