Contract Win

Angle PLC 13 July 2004 For Immediate Release 13 July 2004 ANGLE plc CONTRACT WIN ANGLE plc, the venture management and consulting company specialising in the commercialisation of technology, is pleased to announce that ANGLE Technology has been successful in securing the recently tendered three-year contract through the Mansfield District Council and its strategic partners, Nottinghamshire County Council and the East Midlands Development Agency (emda) to manage the prestigious mansfield i-centre. The i-centre is North Nottinghamshire's only dedicated technology and knowledge-based incubation environment. Housing up to thirty high-growth businesses the i-centre provides high quality office and manufacturing space, meeting and conference areas plus on-site catering and child care facilities. Under the new contract, which is worth in excess of £300,000, ANGLE will provide operational management for the i-centre and will deliver business services and business support for the innovation-lead companies housed within the building. Commenting on the contract win, Nottinghamshire County Council's economic development portfolio holder and chairman of the i-centre's management committee Councillor Chris Winterton, said: 'We have been highly satisfied with ANGLE's performance as the management company since opening the i-centre and we are delighted to award this follow-on contract to the business.' ANGLE's Chief Executive, Andrew Newland said: 'We are delighted to have won this important contract, which provides a leading position for our Ventures activity in the East Midlands.' For further information, please contact: ANGLE plc 01483 295830 Andrew Newland, Chief Executive Dawson Buck, Deputy Chief Executive Buchanan Communications 020 7466 5000 Richard Darby, Suzanne Brocks Notes to Editors: Founded in 1994, ANGLE Technology is an international venture management and consultancy company focussing on the commercialisation of technology and the development of technology based industry. ANGLE creates, develops and advises technology businesses for its clients and on its own behalf. This information is provided by RNS The company news service from the London Stock Exchange

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