ANV All New Video

RNS Number:3994A
All New Video PLC
24 March 2006



24th March 2006

                        Trading Update All New Video Plc

All New Video Plc (ANV) has developed one of the largest mobile value added (3G)
infrastructure networks in Europe, allowing mobile content providers and network
operators to promote and develop their content over 3G mobile, IP and ISDN
connections.

The business consists of new 3G related services and more traditional video
conferencing services.

The high degree of resilience and quality demanded by our customers who include
Orange and the recent projects for broadcasters and media companies have meant
that ANV has built an infrastructure and capacity capable of addressing the
growing demand for 3G services.
ANV's relationship with Orange continues to go from strength to strength with
more sophisticated network enhancements and services being implemented in the UK
.
The re-signing of the Video Call Termination contract with Orange for a further
two years has led to discussions with other France Telecom mobile businesses
which are in varying stages of development.
This investment and the slower than expected growth in content driven traffic
over our managed services has led the company to change its business model to a
fixed subscription model and revenue sharing for future improved traffic volumes
rather than just rely upon a revenue sharing model with clients.

ANV has signed a number of contracts with network operators and content
providers which include the mobile operator Orange and the morning breakfast
television company GMTV.

As a result of the investment that it is making, the company is not currently
profitable. The company has taken action to reduce costs and preserve cash
reserves; the current cash position is #219,000.

Outlook

The company continues to work on a number of exciting projects and the pipeline
is growing with some encouraging deals in negotiation. The Board has been
disappointed with the growth and uptake of services but has taken the necessary
short term action to enable the company to convert the pipeline of prospects
into sales.


                                    - ENDS -

For further information please contact:

David Atkins
All New Video plc
+44 (0) 870 240 1482
marie.johnston@allnewvideo.com

Tim Blythe/Savita Tulsiani
Beattie Communications
020 7053 6000
Tim.Blythe@beattiegroup.com / Savita.Tulsiani@beattiegroup.com


Notes for Editors:

About All New Video
     
*    Set up in 2002 by David Atkins, All New Video, based in Newbury, Berkshire 
     is the first Wireless Application Service Provider to offer live multi
     party 3G video to PC calling. The applications for this technology are wide 
     and varied. Within the broadcast industry this includes video blogging, 
     increased journalistic coverage and interactive video streaming. In other 
     industries it is equally applicable for security (police, ambulance), 
     video-dating services, chat rooms, and enterprise conferencing.
*    All New Video has one of the largest video port facilities in the World.
     This in addition to previous experience of providing services to the 
     broadcast industry has led to their services being used on a number of well 
     known television programs.
*    David Atkins (CEO) previously founded VideoWeb, which over two years grew
     to be Europe's largest independent videoconferencing service provider.


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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