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In the News

News Release
June 13th, 2000

MediaGold International signs first republishing agreement with IMSI, California

LONDON, England - 13th June 2000 - MediaGold, the premier company for European Business Development, announced today the founding of its republishing division by signing its first European republishing deal, with IMSI developer of Turbo CAD, Floorplan 3D, and other award winning graphics products. Under the IMSI agreement, MediaGold International will manufacture, distribute and support selected IMSI products in Europe, Middle East & South Africa excluding France and Germany.

"We are delighted to enter into our first EMEA republishing agreement as MediaGold International with a publisher of such renowned, award-winning products", said Jo Wood, founder of MediaGold UK and CEO of MediaGold International. "The popularity of IMSI products across many territories, their continuing growth and critical acclaim means that we are extremely confident in their broad retail appeal. Our goal will be to build on this further and put into place a strategy to grow both retail and corporate sectors even further."

She added: "We expect this to be the first of a number of similar agreements across EMEA territories."

Andy Goldstein, Chairman and Founder of the group commented 'The IMSI deal completes our goal to be able to launch a major software publisher in every individual market in Europe within 30 days of finished product. MediaGold will continue to service the excellent network of distribution, and retail partners that IMSI has established over the last six years, and we look forward to bringing many lines from our current publishers into this professional network. MediaGold's ability to think globally and act locally is truly enhanced by the IMSI deal'.

The agreement gives MediaGold International republishing rights to English-Language versions of products such as TurboCAD the award winning computer-aided design software, and Floor Plan 3D Design Suite home design software.

MediaGold International will also be republishing several of IMSI's visual content, business application and PC utility product lines.

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