All New Video small m/cap high growth

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scotty1 - Thu, 29 Dec 05 :

Interims look decent, growth potential looks huge,plenty of projects in the
pipeline and trading up nearly 100% in the 7 month period against 12 month
period to march 31 2005.


Chairman's statement

I am pleased to present the first interim results of All New Video plc since its
reverse takeover under its previous name of Gordian Investments plc by All New
Video Ltd in August this year.

The period under review incorporates the trading results of All New Video plc
for the period from incorporation on 31 January 2005 to 31 October 2005 and the
trading results of All New Video (UK) Limited ("the Trading Subsidiary") and
subsidiaries from the date of reverse takeover on 31 August 2005 to 31 October
2005.

The Company will report its maiden set of preliminary results for the 14 month
period to May 2006. Thereafter, it will report its results for each subsequent
year to 31 May. This reporting calendar aligns the results of the Company with
the periods to which the earn-out arrangements agreed with the vendors of the
Trading Subsidiary relate.

In the period 1 April 2005 to 31 October 2005, revenues of the Trading
Subsidiary were #330,000 (as against #373,000 in the full twelve month period to
31 March 2005).

Each month we continue to see an improvement in performance, with the demand for
our services increasing month on month. I am delighted to report that our
pipeline of transactions is very encouraging, with many exciting and prestigious
projects under negotiation.

The Board believes that growth in a number of markets will be delivered from the
extension of our service portfolio into new related areas of business. There are
currently already over 6.6 million users of 3G mobile phones in Western Europe
alone and it is estimated there will be approximately 90 million 3G subscribers
by the end of 2008. At present a number of the mobile operators only offer video
calling between two parties, whereas the Company offers complimentary services
including Video Blogging, PC to 3G phone video calling and multi party video
conference calling for dating services. The mobile video conferencing market is
forecast to generate worldwide revenues of US$5.4bn by 2008 with approximately
250 million consumers using mobile services and the Directors believe the
Company is well positioned to exploit this.

Furthermore, the mobile operators in the UK have spent over #22.5bn in acquiring
3G licences and in Europe, over #71bn. The Directors believe the Company offers
a compelling proposition for the mobile operators to increase average revenue
per user and to help provide an improved return on investment without the need
for capital expenditure.

Following the release of video shortcode numbers from Vodafone, Orange and 3 in
the last quarter of 2005, the Company introduced a range of services which allow
highlights from television programs to be viewed on 3G mobile telephones. We
were particularly pleased to have supplied the first live 3G video portal
services for television's "X Factor" and "I'm A Celebrity, Get Me Out Of Here".
In 2006 we aim to build on this success in selling these services to additional
television production and broadcasting companies from whom there is already
considerable interest.

I am also pleased to report that we have renegotiated our contract with Orange
for a further two years. The terms of the new contract reflect the fact that
Orange now requires an increase in capacity of over 100% and the extended 2 year
duration is a firm, positive indication of the increased take-up and usage of 3G
video services generally. I believe furthermore that this demonstrates the
reliability of our services and the importance we place on developing
relationships with our clients and the commitment and motivation of the team
behind All New Video.

Our strategy remains to establish leading positions in our focussed areas of
activity, and thereby generate consistent long-term growth.

We look forward to 2006 with confidence as the market for our services continues
to develop at great pace, and we believe we are well positioned to enjoy the
benefits of this rapidly demanding market.

John Hawkins
Chairman
22 December 2005


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