EL SEGUNDO, California (August 28, 2007) Scope Seven (scopeseven.com), a leading provider of creative and technical services for entertainment and educational video products, today announced that certain of its assets have been acquired by ZOO Digital Group plc, the digital media technology company and parent company of ZOOtech. Scope Seven provides compression and authoring services to video publishers and is affiliated with the Warner Brothers facility, GDMX, which provides digital media production services. Scope Seven’s other customers include 20th Century Fox, New Line Cinema, the BBC, DIRECTV, Hasbro and Mattel. Scope Seven was advised by its investment bankers Hadley Partners, Incorporated (www.hadleypartners.com).
"Acquiring Scope Seven signifies a broad expansion in our offering that is unique within the current market and will enable ZOO to penetrate the market more effectively and to unlock significant revenue potential. By augmenting its current offering, ZOO will be able to deliver directly to studios, rights holders and publishers a proposition and pricing model, based on utilization as opposed to time and materials, unlike any other that is currently available." said Stuart Green, CEO of ZOO Digital Group, plc.
About Scope Seven (www.scopeseven.com)
Scope Seven is a privately held media production and design company providing creative services to the entertainment, toys/games and education industries. Scope Seven has served the entertainment industry from the inception of the DVD format and has created thousands of DVD titles for companies including Warner Home Video, 20th Century Fox, New Line Entertainment, and The BBC. The company is also a member of the Sonic High Definition Authoring Alliance. Scope Seven specializes in designing and producing interactive content for digital video platforms, and has developed a range of interactive games and entertainment products for companies like DIRECTV, Mattel, Leapfrog, Specialty Board Games/b EQUAL, Funrise Toy Corporation and many others.
About ZOO Digital Group plc (www. zoodigitalgroup.com)
ZOO Digital Group plc is a digital media technology company and parent company of ZOOtech (LSE: ZOO). ZOOtech is an innovative technology company with a mission to revolutionize the video production industry through radical process re-engineering, enabling automation of many production processes that currently depend upon manual labor. ZOOtech’s unique approach has resulted in a portfolio of over 60 patents across 23 families in areas that include video post-production, authoring, content protection, regionalization and verification. ZOOtech pioneered DVD-EXTRA technology to enable CD-ROM style interactivity in the DVD-Video format.
About Hadley Partners (www.hadleypartners.com)
Founded in 1999, Hadley Partners provides the highest-quality merger & acquisition advisory, private placement and financial advisory services. We have a world-class team of veteran bankers that bring Wall Street experience to middle-market and emerging growth companies. Our goal is to develop relationships of trust with the leaders of these companies and with investors that pursue investment opportunities in such companies. We provide our services in a fair and flexible manner, and we always put our clients’ interests first. Hadley Partners is a registered broker-dealer, and a member of the Financial Industry Regulatory Authority (formerly the NASD) and the Securities Investor Protection Corporation.
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