MILESTONE GROUP PLC
("Milestone" or the "Company")
New Contract
AIM quoted Milestone, the provider of digital media solutions and technology, is
pleased to announce today that it has been appointed by Music Monk to design and
develop a new innovative iPhone Application aimed at live music and event goers
around the world.
Music Monk is a global club and music events/venues directory which offers
promotional services and information for music events/venues in real time. The
Music Monk team are a highly experienced group of entertainment industry
professionals with a particular focus within the club and promotion industry.
Having launched some of the biggest music events in the world at clubs including
Pacha, Fabric and Ministry of Sound, the Music Monk team have now brought their
vision of a global clubbing platform to fruition.
Music Monk is focused on providing a solution to delivering key functionality to
every part of the music entertainment sector and in order to help them achieve a
scalable creative platform, Milestone will also be developing a Web application
and advising on other aspects of digital marketing and online/mobile services
for Music Monk.
The Music Monk iPhone App, set for release in April, will be universal and
compatible to run on the iPhone, iPod Touch and iPad.
Deborah White, Chief Executive, Milestone Group Plc, commented:
"Over the last few months we have been working hard to reposition ourselves as a
digital media group. Following the recent launch of the iPad and with over 3
billion downloads from the iPhone App store, now is the perfect time for
Milestone to demonstrate its strength in creating interactive digital solutions
that integrate and exploit all communication platforms.
We feel that our understanding of the relationships between content, technology
and new media, will set us apart from our competitors and provide real value to
our shareholders."
For further information:
Milestone Group Tel: 020 7929 7826
Deborah White, Chief Executive
Strand Hanson Limited Tel: 020 7409 3494
Richard Tulloch / David Altberg
Hybridan LLP Tel: 020 7947 4004
Claire Louise Noyce / Stephen Austin
[HUG#1383340]