🕐14.12.10 - 10:27 Uhr

Tangibal Group Plc announces the successful placement of a convertible loan to f
inance the expansion of its Media network



Tangibal Group Plc announces the successful placement of a convertible loan to finance the expansion of its Media network Tuesday, 14rd of December 2010, Tangibal Group Plc is pleased to announce the successful placement of a convertible loan over 250.000 EUR with the investment firm Venatus Interactive Plc an investment business that specialises in developing emerging interactive gaming technologies and media.

The loan has a maturity of three years and bears an interest rate of 8% per annum.

Tangibal Media, a subsidiary of Tangibal Group Plc will use the proceeds to install new systems for example the Interactive six sheet totems, which can be seen at www.youtube.com/tangibal.

The companies’ brokers PNRS GmBH successfully negotiated the loan.

Dominic Berger, Managing Director of Tangibal Media Ltd said “This is the second financing for Tangibal in the last six weeks the conclusion of which will allow the Group to grow its media networks in the UK and across Europe.

Interest in our media technologies is growing internationally and this latest investment will allow us to commence our expansion plans.

The UK network is developing well with Christmas campaigns with Paramount Pictures and Renault booked and the outlook for 2011 is developing in line with expectations.

The company has further interested potential investors for the future development of the Group.

We will keep our shareholders informed of new developments.” Mr Pfeiffenberger, Managing Director of Venatus Interactive Plc said “We are extremely excited about getting involved with the Tangibal Group as we share the same opinion as Mr.

Berger of the visionary quality of Tangibal’s products.” -ENDS About Tangibal: Formed in 2008, Tangibal Group Plc has established itself as a vision leader in interactive media and experiential advertising.

Our goal is to deliver solutions that entertain, inform and motivate.

See www.tangibal.com for more information About Venatus Interactive Plc: Venatus Interactive PLC was founded in 2010 with the purpose of investing and taking part in the enormously exciting, high growth interactive technology and social gaming industry, through direct investment in up and coming companies identified and selected by our team as potential new stars on the interactive gaming scene, and its ancilliary industries as well as investment in current established gaming companies with a proven track record of excellent returns.

See www.venatusinteractive.co.uk for further information. Disclaimer: The information in this press release constitutes "forward-looking information".

Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors.

There can be no assurance that such statements will prove accurate.

Results and future events could differ materially from those anticipated in such statements.

Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements".

Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
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