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i-design Group Plc
14 January 2008
IDG.L
i-design group plc
I-DESIGN GROUP PLC
("i-design" or "the Company")
Landmark Contract Win
with
The Royal Bank of Scotland plc
i-design, which has developed and sells a unique ATM advertising solution
enabling ATM owners to run both internal and third party advertising across
their ATMs, is delighted to announce that it has secured a landmark contract
with The Royal Bank of Scotland plc ("RBS" ).
The roll-out of ATM:ad is scheduled to commence in the first quarter of 2008 and
is expected to be completed in the second quarter of 2008. Significantly,
i-design has secured exclusive rights to sell third party advertising on circa
2,500 RBS ATMs located in TESCO UK stores.
This contract represents i-design's largest win to date for its ATM:ad solution.
The Company has already secured contracts with Nationwide Building Society, HSBC
plc and most recently, Alliance & Leicester plc. The addition of RBS, the owner
of the largest number of ATMs in the UK, means that i-design has now sold ATM:ad
software licences representing 14,800 ATMs, being 44% of UK ATMs operated by
financial institutions.
Commenting, Ana Stewart, Chief Executive of i-design said,
"This contract is a landmark one for us and is testimony to the strength of our
advertising solution, ATM:ad. ATM:ad is a platform independent solution, which
means that it can be implemented on any Windows based ATM. In addition, should
ATM owners wish to sell advertising space on their ATMs to third parties, our
highly experienced media sales operation can provide this service."
Enquiries:
i-design group plc Ana Stewart, Chief Executive T: 01382 541 041
Ian Sunter, Finance Director
Biddicks Katie Tzouliadis T: 020 7448 1000
Sophie Lane
Arbuthnot Securities Tom Griffiths T: 020 7012 2000
Alasdair Younie
About i-design group plc
Based in Newport-on-Tay, Scotland, i-design has developed a market leading
advertising solution for ATM network owners, such as retail banks, which enables
them to run third party advertising campaigns across their ATM estates and so
generate new revenues from their ATMs. The solution, which is called 'ATM:ad',
was launched in 2004.
With the operational costs of ATM networks growing and significant consumer
opposition to bank and building society ATM charges, the Directors believe that
network owners are increasingly looking for alternative ways to generate
additional revenues to make their ATMs more profitable. The Company's solution
represents an attractive proposition, particularly since the Directors believe
that it is currently the only ATM advertising solution in the UK which combines
both the software and media sales capability necessary to facilitate third party
advertising across ATM networks.
Customers of i-design include: Nationwide Building Society, HSBC plc, Alliance &
Leicester plc and as announced today, The Royal Bank of Scotland plc.
i-design has secured and managed ATM advertising campaigns for a wide variety of
advertisers including British Airways, Easyjet, Orange, Vodafone, Kwik-Fit,
Nivea, New Look, Orion and the Central Office of Information. The Company joined
AIM in July 2007.
This information is provided by RNS
The company news service from the London Stock Exchange