The Wrld Page

UK New Music Start-Up Receives Dragon's Den Style Business Investment

(PRWeb UK) May 18, 2009 -- OOiZiT.com, one of the UKs latest internet start-ups, has secured a six figure investment from a digital investment group - Zooki Digital. The deal comes after a range of offers from an undisclosed list of investors and is said to have been in negotiations since Nov last year.

OOiZiT.com is a social network dedicated to exposing new UK music artists. Users are able to create their profiles, upload their music, images and videos plus network with likeminded people in their local area. Despite being in public beta, OOiZiT.com (http://www.ooizit.com) have already had great success in helping to launch new music artists - Their first featured artist Alex Blood has recently completed a tour with JayZ and, Ex-Pat NYC based, Mark Ronson.

"Investments of this type are only usually seen on programs like Dragons Den so as you can imagine we're very excited. The investment will now allow us to take the website to the next level, said Thomas Fearn, Director OOiZiT Plc. "We've got some fantastic ideas that will be changing the face of both artist promotion and digital music distribution (http://www.ooizit.com), and we just can't wait to launch our new portal later this year!"

"It's been a lengthy process but it was important that we gained the right level of investment and that we chose the right people/group. We really wanted to work with Zooki as they've got a lot of experience on line, but most importantly they really understood the vision for the company which was a vital part of the decision process."

Scheduled for release later this year, the new OOiZiT.com is said to be introducing a number of innovative new sales and promotional tools designed to help music artists tap into the music industry, without the reliance of A&R representatives spotting them.

The investment comes from a little covered investment group - Zooki Digital (http://www.zookidigital.co.uk). "Not only is the investment planned to change the look, feel and functionality of OOiZiT.com but it will support its aggressive expansion plans within other areas of the new music/digital music (http://www.ooizit.com) arena." explains Zooki Digital's Founder and Director Darren Beale. Darren Beale will also join the company's board of Directors following his vast successes online.

OOiZiT.com has its sights firmly set on becoming a contender with the likes of ReverbNation, MySpace and Facebook. "The music industry is in such a state of flux at the moment and we have the right formula to become a huge player within this evolving market. The experience of the OOiZiT team combined with Zooki will put ooizit.com firmly beside the big players." said Thomas Fearn.

About the Directors

OOiZiT Plc was formed back in 2007 by Thomas Fearn having worked within the digital marketing arena for names such as The Daily Mail. Following the launch of OOiZiT.com in May 2008 Thomas has grown the business to a 12 strong team. Darren Beale has been responsible for a number of multimillion pound successes within extremely competitive markets including gaming, weight loss and digital marketing. Despite both Thomas and Darren being only 27 they have the corporate exposure and business edge which supersedes their years.

Usually success stories and investment deals such as this are only bi-products from the silicon valley; however, their experience and understanding of online, usability and music should prove to be a very exciting venture to watch evolve from the UK over the next few months.

For more information visit: www.ooizit.com or www.zookidigital.com

ENDS

For more information on OOiZiT.com, or to interview Thomas Fearn, OOiZiT.com's founder, please contact:

Eleanor Newman

Email: eleanor.newman@ooizit.com

Tel: 0115 9798437.

Notes to Editors

Ooizit.com is the creation of OOiZiT Plc - a UK Social Media company. The brainchild of founder Thomas Fearn. OOiZiT.com gives music artists, producers, DJ's, promoters and fans the opportunity to meet and connect new music.

With its simple, easy to use registration process and clean cut profiles, OOiZIT.com is a far cry from the mess and HTML complication of other social networking sites. You don't need to be a computer geek to upload profiles; it's free and allows users to easily connect with likeminded people in their local area and across the UK.

Anyone can create a profile, and once signed up users can upload their own music, add video, add images and contact anyone on the site.

As well as providing a platform for all music artists and fans to meet and share new music and videos, each month Ooizit.com selects one of the best music acts and promotes them on the homepage, making it easy for all music lovers to find the best new music in the UK.

###

Comment on "UK New Music Start-Up Receives Dragon's Den Style Business Investment"