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theprior 18 Feb 2015

New contract With BBC Worldwide, to provide subtitling, etc.Company changer? ?TP

marab 12 Jan 2015

Copy of ADVFN post CyprusSteve 12 Jan'15 - 16:18 - 494 of 494 Hi guys,I copy below an email received from the Company today in response to a few queries I had sent them . I asked for permission to post the reply on the bulletin boards, and they were quite happy for me to do so,Please see exact copy below :"Dear MrThank you for your emails and for your interest in the company.As you know, much of ZOO’s business comes from major Hollywood studios. We have dealt with several of these studios for many years and provide several different types of technology and service to them. Many of our offerings help the studios to efficiently and accurately transfer their content to be able to monetise it in different languages and in different formats. Our most recent offering of subtitling has been extremely well received and has been a major area of growth. This, in line with most of our offerings, is our provision of services backed by unique technology created by our software engineering team. We believe that the technology we create puts us in an advantageous position compared to the majority of vendors who perform most tasks manually thereby leading to more inaccuracy, longer time to market and much less efficiency.There are many investor presentations on our website [link] which should hopefully help you .You are correct that Herald invested recently in a loan note which converts at 48p which is a considerable premium over the current share price. Herald are a well-respected fund management company who have been investors in ZOO for many years. They have a very good understanding of the company so presumably hold a good level of confidence to make that investment at such a premium.If you have any other questions or require any further information please do not hesitate to get in touch.Yours sincerelyInvestor Relations | ZOO "

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