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GEARHOUSE BROADCAST ANNOUNCES AQUISITION OF OSB AUSTRALIA


28th October, 2010


Gearhouse Broadcast Pty Limited (GHB), a leading provider of live outside broadcast services in Australia today announces its acquisition of the trade and assets of On Site Broadcasting Pty Limited and Broadcast Rentals Pty Limited, both part of the Prime Media Group Ltd group of companies.

The combined entity will serve some of the largest broadcasters and leading production companies in Australia - all of whom will benefit from GHB bringing three new High Definition OB trucks into the fleet alongside substantial investment in the very latest supporting technology including 3D and tapeless workflow to ensure that the technology base of the company is second to none in Australia. Such investment will enable the enlarged company to offer one of the largest and most modern fleets in the country with individual facilities to suit everything from the largest production requirements to smaller scale economy focused solutions.

Graham Elliot, newly appointed CEO of the enlarged group said "the combination of the two highly regarded teams at GHB and OSB together with a substantial investment program will enable the enlarged business to offer unrivalled expertise and technology solutions to our customers."

Background

Gearhouse broadcast Pty Ltd ("GHB") is owned by Gravity Media Group a global provider of facilities to the outside broadcast industry, headquartered in the UK. GHB provides facilities and crew for a diverse range of Australian productions including the Australian Open Tennis, the Melbourne Cup, AFL, Drag Racing, Music concerts such as Pink, INXS, Christina Aguilera, Red Bull Air Racing, Top Gear, and a host of reality programs.

OSB, formerly a wholly owned business of Prime provides outside broadcast services primarily to Fox Sports in respect of the A League and the Super 15 competitions as well as studio facilities. Highly respected Companies such as Broadcast Rentals and Zero 1 Zero were acquired by OSB throughout their growth period with talented staff and expertise remaining in the business to this day.

JF (Jean-Francois) Curtes
Sales
Gearhouse Broadcast LLC
Tel :+ 1 818 955 9449
Fax:+ 1 818 955 9779
Cell:+ 1 818 943 2933

www.gearhousebroadcast.com

Delhi - Doha - London - Los Angeles - Melbourne - Mumbai - Sydney
A Gravity Media Group Company www.gravitymedia.co.uk



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