Aeorema Communications Plc New York Office & Digital Events Platform (8194Y)
September 14 2020 - 2:00AM
UK Regulatory
TIDMAEO
RNS Number : 8194Y
Aeorema Communications Plc
14 September 2020
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Aeorema Communications plc / Index: AIM / Epic: AEO / Sector:
Media
14 September 2020
Aeorema Communications plc ('Aeorema' , the ' Company' , or the
' Group')
Opening of New York Office &
Launch of Digital Events Platform
Aeorema Communications plc, the AIM-traded live events agency,
is pleased to announce the commencement of a physical presence in
North America with the opening of an office in New York. The office
will represent the second office for Cheerful TwentyFirst, the
Company's events business, and will increase the work force to 24
strong globally.
The opening of an office in New York is a strategic decision by
the Board of Aeorema signifying a dedicated approach to supporting
the growing needs and requests of the Company's clients in the
United States, as well as internationally, as a result of an
increase in potential business in the region.
In addition to the expansion into the United States, the Company
has completed the development of its own virtual events platform,
which has been branded KIT. As an increasing focus and demand from
clients is on live digital and hybrid events, it is important for
the Company to have its own platform from which to deliver digital,
interactive events for its clients. KIT is a software platform that
hosts streaming, broadcasts and online content experiences. The
platform provides a wide range of interactive features for
presenters and viewers to connect remotely, such as Q&A, live
chat, live polls, sponsor pages and video features. KIT will be an
essential tool as Aeorema continues to deliver briefs for its
existing and new client base.
Steve Quah, Chief Executive Officer, commented ; "We are excited
to be taking a historical step in Aeorema's development. Our
experience to date has shown that US clients are enthusiastic about
British creativity and production and as such New York is the first
phase of our committed approach to supporting our US-based and
global clients. The New York office opens as a direct result of
increasing work in the US, and will allow us to better service
those clients with on-the-ground support and within a complementary
time zone.
"The event landscape has been transformed in the last six months
and the Board feels it makes strategic and commercial sense to have
a localised, in-market solution for a growing number of US
clients.
"We also see this as a strategic business move to support our
current US client base ahead of Brexit, allowing our customers to
benefit from in-market billing and direct USD-EURO transactions, a
move that secures our position as a global partner to our customers
that operate in multiple markets. The level of firm interest from
companies in the US that we have already seen is expected to cover
the costs of opening the office in the first year of operation.
"Finally, the completion of the development of KIT to coincide
with the US office opening has been a tremendous effort by the team
involved and we look forward to its use on both sides of the
Atlantic."
**ENDS**
For further information visit www.aeorema.com or contact:
Mike Hale Aeorema Communications Tel: +44 (0) 20 7291
plc 0444
John Depasquale / Liz Allenby Capital Limited Tel: +44 (0)20 3328
Kirchner (Corporate (Nominated Adviser and 5656
Finance) Broker)
Kelly Gardiner (Sales)
Catherine Leftley St Brides Partners Ltd Tel: +44 (0) 20 7236
1177
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