http://www.digitalsignagetoday.com/article.php?id=20399

Investors to gather for out-of-home media conference

• 13 Aug 2008

NEW YORK — Strategy Institute has announced that the third-annual
"Digital Out-of-Home Media Investor Conference" is taking place on
Oct. 7-8, 2008 in New York City.

With 28 OOH transactions in 2007 worth $1.3 billion in deal value and
more than $100 million in private equity deals in the first five
months of 2008, the pace of M&A and financing continues unabated. With
media giants like CBS Outernet and NBC Everywhere becoming a major
force, many pundits believe increased industry consolidation is on the
way for 2009.

"Rapid growth, industry maturity and major changes in the dynamic
digital display sector are opening new opportunities for investors,
network operators and technology drivers," said Lyle Bunn, principal
and strategy architect for BUNN Co. "This is the one event where
everyone with investment and funding interest gathers."

Opportunities in Asia and the Middle East have also resulted in large
deals. Warburg Pincus, a global private-equity firm recently invested
roughly $69 million in Laqshya Media, giving it a 15 percent stake in
the company. Laqshya, a leading OOH media advertising company, along
with DSN Global and Waygate Capital, will provide insights on
investment activities in India at the conference.

Speakers from the following companies have been confirmed: Neo
Advertising Group (Switzerland), Frost & Sullivan, InfoTrends, Goldman
Sachs, Wachovia Capital Markets, Morgan Stanley, CBS Outernet, NBC
Everywhere, Alerion Partners, Outdoor Services, MediaVest USA, Avenue
A Razorfish, BUNN Co., OVAB, Arbitron Out-of-Home, Alliance Financing
Group Inc., Laqshya Media (India), DSN Global (India), Waygate Capital
(India), Foundry Group, Redpoint Ventures, Parthenon Capital, Halyard
Capital, Arena Media Networks, Channel M, Adcentricity, Petsky
Prunier, Montgomery & Co., Organic, Tital Digital Worldwide and
Respario.

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