ROK Aims for IPO

ROK Entertainment Group, which provides mobile entertainment services
and technologies, has raised $7 million (3.5 million) in new investment from European
institutions, as a prelude to a public flotation of the company later
this year. The investment values ROK Entertainment Group at $70 million.
“We have achieved a great deal in the mobile entertainment space over
the past few years and have grown the company to some 150 staff
worldwide – all through private funding says ROK Chairman and CEO,
Jonathan Kendrick. This injection of cash will see us step up yet
another gear in our global deployment of our Mobile TV services and our
other major applications and technologies, before we IPO later this
ROK is a leading company in the development of technologies for the
provision of on-demand Mobile TV streamed over mass-market 2.5G GPRS,
3G and wi-fi. With headquarters in Wolverhampton and offices across the
UK, and in Beijing and Los Angeles, ROK aims to deploy 30
subscription-based Mobile TV services with selected mobile operators
worldwide by the end of 2007.