Creation of Gorilla facilities group (6509N)

TIDMBOOM

RNS Number : 6509N

Boomerang Plus PLC

06 September 2011

6 September 2011

Boomerang Plus plc

('Boomerang' or 'the Group')

Creation of Gorilla facilities group

Boomerang Plus plc (AIM: BOOM.L), a profitable media investment group, announces the completion of a restructuring process which will create one of the UK's largest television facilities services businesses.

The restructuring brings together for the first time Boomerang's in-house post production and technical with Mwnci, their TV Post-Production arm that specialised in editing Film and Video for broadcast facilities. The newly created group will be re-branded Gorilla. Gorilla, which will have over 50 staff, will be based in three premises in Cardiff; 20 Cathedral Road, 218 Penarth Road and newly expanded facilities at the Media Centre in Culverhouse Cross, Cardiff.

The newly created group will be provide studios, dubbing, grading, graphics and outside broadcast facilities to programme-makers and producers in addition to increasing its established range of editing services. Bringing together these businesses under the name of Gorilla creates the biggest TV facilities provider in Wales and one of the UK's largest outside of London.

The team at Gorilla have a strong reputation and have helped post-produce such notable television as Bruce Parry's Amazon and Arctic, Grandpa in my Pocket, Time Team and Whites. The enlarged group is better positioned to attract more customers as Producers look for a more comprehensive and efficient television facilities service.

Richard Moss, Managing Director of Gorilla, commented:

"Over the years we've been an industry leader in Post Production and this expansion will enable us to offer an improved facilities package to our existing clients as well as giving us a strong base to attract new work. Having many parts of the production workflow handled by one facility will bring real benefits to producers."

Contacts:

 
 Boomerang Plus plc                       Tel : 029 2055 0550 
 Huw Eurig Davies, Chief Executive 
  Officer 
 Mark Fenwick, Finance Director           Tel: 020 7600 1658 
  finnCap Limited 
  Geoff Nash/ Charlotte Stranner 
  Simon Starr/ Victoria Bates (broking) 
 
 Walbrook PR Ltd                          Tel: +44 (0)20 7933 8780 
 Paul McManus                             paul.mcmanus@walbrookpr.com 
 Paul Cornelius                           paul.cornelius@walbrookpr.com

About Boomerang Plus plc (www.boomerang.co.uk)

Boomerang Plus plc has strategic investments in a number of media businesses including production companies Alfresco, Apollo, Boomerang, Bulb, Fflic, Indus, and Oxford Scientific Films; Facilities companies Mwnci and Zoom; multi-media publisher Boom Extreme Publishing; talent companies Harlequin and Boom Talent; Event company Big Freeze Limited, and Education and corporate production business Media4.

Boomerang Plus's strategy is to continue to acquire and invest in and develop media companies that complement the Group's existing businesses, whilst also achieving strong organic growth.

Mwnci was established in 1999 by three editors as a Cardiff-based TV Post Production Company specialising in editing Film and Video for Broadcast. It quickly expanded and become synonymous with quality and cutting edge expertise. Work for clients include sport, drama, factual and entertainment programmes for BBC, BBC HD, Channel 4, S4C, CBeebies, CBBC, Disney, Animal Planet, Sony/Nissan and Quiksilver.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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