Daniel Corby CEO Fido Magazine signs distribution agreements with d2d
Fido Magazine signs distribution agreements with d2d distribution to roll out letterbox drops of Fido Magazine region by region
[UKPRwire, Mon Dec 04 2006] Daniel Corby, CEO 118 Group Holdings plc has signed a distribution agreement with d2d distribution to letterbox drop Fido Magazine as the roll out continues
Speaking about the announcement, Daniel Corby said “118 Group has experienced rapid growth over the last 12 months and Fido Magazine will be a key growth driver for the coming 12 months. The distribution agreement with d2d distribution will see upto 10,000 copies per town distributed through carefully selected households
The distribution commences 4th December 2006
118 Group Holdings plc now includes Advertising, Directories, Media, Mobile, Publishing and Telecoms and has further product launches planned for the immediate future.
Fido Magazine aims to be the ‘premium’ free to pick up magazine in the local area and includes a strong show business bias to ensure readership
Our mobile business has also signed distribution agreements in place with Vodafone, Orange, o2, 3 and Virgin”
Daniel Corby continued “The group is now starting to think and act like a plc ahead of the planned float and has recently made some high profile appointments including business veteran Richard Allan, the former CEO of Perry Group plc as Chairman, Hugh Craen, the founder and mastermind of Potential Finance Group plc which floated on AIM in 2002. Hugh joins the business as a non executive director, Peter Hill as Group FD, who joins from Dorma Door Controls Limited, Scott Barker as Head of Risk, previously from World Pay and Meta Charge. In addition, Ian McLachlan, the recently retired head of Trading Standards of Hertfordshire, who has become Head of Ethics for the business and will oversee the way the business manages relationships with shareholders, staff, customers and suppliers”
Notes to editors:
118 Group Holdings plc successfully completed pre IPO fund raising exercises in October 2006 ahead of the planned AIM float and is growing ahead of forecasts. Last month the business announced the creation of 300 new jobs in Chelmsford and is recruiting rapidly. A third call centre for Chelmsford is currently at the planning stage following an offer being accepted by landlords for additional space of 17,500 square feet.
You can read more about the business at www.the118group.com
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