InfoPod secures investment from Mulverhill Associates
Investment will help company to expand portfolio of more than 50 display units in key residential and commercial tower buildings in Dubai.
InfoPod, the trading name of Henry Kite Limited, a leading provider of commercial and residential in-building advertising solutions, is pleased to announce an investment by Mulverhill Associates. Mulverhill will take a minority shareholding in InfoPod and Jonathan Hall, Managing Director of Mulverhill, will join the board of InfoPod.
InfoPod currently offers exclusive advertising space across its portfolio of over 50 display units in key residential and commercial tower buildings in Dubai, providing exposure to a captive audience in excess of 30,000 viewers. Each InfoPod can display flyers, brochures, leaflets and other marketing materials.
Caroline Jones, CEO and founder of InfoPod, said, "The investment by Mulverhill will enable InfoPod to accelerate its growth plans and we target to have a presence in over 200 buildings by the end of 2014. InfoPod offers an advertising platform that is physically present in high density building towers and is vastly more effective than random flyer and brochure distribution."
Jonathan Hall, Managing Director of Mulverhill Associates, said, "The advertising and media market in the UAE and GCC continues to develop rapidly and InfoPod is creating products and services that offer focused, effective and cost-efficient exposure to a growing base of captive consumers. Having a single InfoPod located in a heavy traffic area offers dramatically higher customer response levels in addition to reducing building waste and improving security for building managers."
Please visit www.myinfopod.comfor furter information or contact Caroline Jones, CEO, InfoPod on +971 55 231 9216.