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Motion Network TV

Motion Network Hires Budd Margolis To Lead Aggressive Commercial Strategy

Paris (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
stock market/media
Motion Network Holding Plc ("MNH") and parent
company of Motion Network TV ("MNTV"), the first 24/7 free movie 
channel in Europe, announces the appointment of Budd Margolis as 
Director of eCommerce and Shopping for the interactive retail 
operations of the Motion Network. The new position combines MNH's 
European vision and network with the ability to provide retail 
services to our growing global audience
Margolis, an American based in London for the past 20 years is an 
acknowledged expert in the field of international TV home shopping.  
He was the former head of eCommerce for British Telecoms openworld 
broadband operation and was with QVC UK as a senior producer in 1993 
& 1994 during the started up period .  He has worked for and advised 
TV Shopping channels in China, India, Russia, USA as well as 
Australia and across Europe. Margolis has also advised web 
operations, broadcasters, major department stores and retailers 
across the globe. His experience includes TV3 the first commercially 
supported Pan Scandinavian TV channel and was one of the first 
producers Sky TV where he worked on the first pan European sports 
channel Eurosport.
Rio Pierre-Yves Dongour Founder and CEO of Motion Network Holding PLC
said "We have been very successful with acquiring film content and 
have greatly expanded our network with many new agreements lately.  
We are thrilled that Budd Margolis, an expert and visionary in the 
area of interactive retail, someone who has real experience and can 
build a considerable commercial operation, has agreed to join our 
team and build our retailing operation."
Margolis commented, "There is a gap in the market that the Motion 
Network group has identified and I fully appreciate the unique 
commercial global opportunity to expand this business line for the 
company.  What attracted me to Motion Network was the management, 
their experience and determination to build a Pan Europe channel that
has global aspirations.
Christophe Kay Kourdouly Co-founder Executive VP Head Of Business 
Development added "The TV Home Shopping and eCommerce areas have 
matured and now command a serious niche with considerable revenues.  
The combination of the two formats is a proven & powerful phenomenon 
and there are additional areas, especially with luxury and branded 
goods, where we can develop and properly exploit via the MNTV 
network.  Adding Budd Margolis to the team makes it possible to 
successfully develop this area of our business."
Margolis has recently consulted TV shopping channel operations in 
Delhi, Moscow, Los Angeles, London and Seoul and has developed 
interactive strategies for the luxury goods market.  He is a 
proponent of the growth of interactive retail and convergence and has
written and spoken on the subject frequently. Margolis said "I am 
confident this new platform will provide retailers with the format to
educate and entertain in order to drive sales and traffic to improve 
their business.  It is a win/win for customers as well who will learn
about quality products they can own and enjoy."
In the UK alone there are some 40 dedicated 24/7 shopping channels 
which range from live to infomercial, travel and price drop/auction 
formats.  Most countries now have shop channels and their web sites 
are especially successful because of the exposure and ability to 
demonstrate and inform viewers.
"What will distinguish our offering is a commitment towards quality 
and our ability to capture the essence of a truly wonderful shopping 
experience." Margolis commented. "You can see there is great demand 
for goods but there is little access. That´s where Motion Network 
Shopping comes in.  We will gain the trust and confidence of our 
audience by respecting them, bringing unique quality products and 
entertaining them. It is not a simple task but when you get it right 
you then control a very powerful distribution channel that provides 
customer delight."
About Motion Network Holding Plc ("MNH")
MNH operates in the sector of communication and provides B2C and B2B 
services in the area of Television, IPTV, Internet, media content 
production and post production, software and retail. MNH operating 
services cover mostly Europe, Far East and the US. MNH's wholly owned
Luxembourg subsidiary Motion Network TV ("MNTV") is the main group 
company that operates as a pan European film and music dedicated TV 
channel. For further information visit 
http://www.motionnetworktv.com.
About Swiss Hawk AG
Swiss Hawk AG is building an alternative asset investment company 
focused on the environmental technology sector. The company pursues 
an aggressive investment policy based on actively investing and 
trading mainly in late stage pre-IPO and IPOs with high-growth 
potential and planned short term exit. Swiss Hawk is listed on the 
Frankfurt Stock Exchange Open Market.
end of announcement                               euro adhoc

Further inquiry note:

Christophe Kourdouly
Telefon: +33 1 72 100 214
E-Mail: christophe@antetimeprod.com

Branche: Media
ISIN: GB00B291K520
WKN: A0M910
Börsen: Börse Frankfurt / Open Market

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