Statement re Investment
19 Agosto 2003 - 6:00AM
UK Regulatory
RNS Number:8097O
Eurovestech PLC
19 August 2003
19 August 2003
Eurovestech Plc ('Eurovestech')
Trading Update re Mykindaplace Limited ('MKP')
Eurovestech is pleased to report that MKP, the UK's leading online magazine for
teenage girls, has secured a substantial two year deal with BSkyB (Sky), whereby
MKP will provide content and other commercial services to enable Sky to fully
commercialise their interactive platforms.
MKP has enjoyed strong trading in recent months reaching profitability in June
2003 and is forecasting continuing strong revenue growth.
Eurovestech owns 5.3 per cent. of MKP's fully diluted share capital at a cost of
#433,000.
Richard Bernstein, Chief Executive of Eurovestech commented, "The Sky contract
is important in that it brings significant new revenues streams outside MKP's
established activities. We look forward to MKP's future with confidence."
Further enquiries:
Eurovestech plc
Richard Bernstein
Chief Executive Tel: 020 7491 0770
This information is provided by RNS
The company news service from the London Stock Exchange
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