Captive Audience Display Solutions plc

June 11, 2010 02:00 ET

Captive Audience Display Solutions plc: Agreement With Major Network Based in Lebanon



Captive  Audience  Display  Solutions Plc ("C-Ads") is pleased to announce it has signed an  agreement  with  Coral  Oil
Company Limited to develop a programme to roll out its digital media network across Lebanon   C-Ads,   which provides an
outdoor  digital  media platform for petrol station forecourts, has  through this agreement  the  potential  to  deliver
advertising content to a population of 3.7 million people across Lebanon.

The  agreement  is with Coral Oil Company Limited, a division of Corral Group, the owner and operator of refineries  and
forecourts from Scandinavia to the Middle East.  Coral Oil Company Limited is one of the fastest growing petrol  station
retail group in Lebanon, with prime locations throughout the country.

Liam  McGrattan, Chairman of C-Ads and newly appointed CEO said "We are excited to have this opportunity to partner with
Coral  Oil Company Limited to roll out our state of the art network infrastructure and content management into  Lebanon.
This  is  the  second stage in a wider area Middle Eastern strategy for C-Ads.  In February we signed an agreement  with
NAFT  Services Company to roll our network across the Kingdom of Saudi Arabia.  These agreements have given Cads a  firm
foothold  in  the  lucrative  Middle  Eastern  advertising markets. We intend  to  pursue,  develop  and  exploit  these
opportunities.  This is in keeping with C-Ads Plc strategy to pursue several multiple territory agreements."

Liam  McGrattan,  Lisa  McDonnell and Graham Curtis directors of C-Ads accept responsibility for the  contents  of  this

For further information on Captive Audience Display Solutions please contact,

Liam McGrattan, Captive Audience Display Solutions plc,
T: 01-8230510 M: 087 2745427

Albene Charles Mendy, William Albert Securities ltd
T: 020-3006-3240

Contact Information

  • Captive Audience Display Solutions plc