Contract Win

Angle PLC 27 June 2007 For Immediate Release 27 June 2007 ANGLE plc ('ANGLE' or the 'Company') ANGLE Awarded Long-term Management Contract with Innovation Lincolnshire Outreach Programme ANGLE plc (AIM:AGL), the intellectual property and technology commercialisation company, announces that it has secured a new management contract worth £0.9 million over the next 21 months. ANGLE has been appointed to manage the new Innovation Lincolnshire Outreach Programme which is focussed upon improving business growth and performance within the Lincolnshire region. This flagship programme, lasting 21 months, is valued at £1.7 million. £0.9 million is in fees to ANGLE, with the balance being grants to companies and project expenditure. The programme is being established to raise the economic performance and aspirations of Lincolnshire's businesses by providing effective support for innovation and entrepreneurship across the County. ANGLE was awarded the contract on the basis of its experience working in similar business support programmes, both in the UK and internationally, and the techniques which it was able to demonstrate have generated measurable innovation benefits for a range of other SMEs. ANGLE was also able to fulfil a critical requirement of the programme, namely to ensure rapid deployment of a team of professional innovation managers with relevant commercial and technical experience. The project is being launched in June and ANGLE is already working with several of the County's businesses. The aim of the programme is to assist businesses in the County by advising them on key business growth issues including: • ways to become more innovative with their processes; • the conversion of ideas into new products or services; • doing business with suppliers and clients; • identifying new strategies for running businesses. Commenting on the award of this contract, Andrew Newland, Chief Executive of ANGLE, said: 'This represents a major contract win for our management services business and underlines our strategy of focusing on long-term and profitable contracts. In addition to generating new revenue for ANGLE it also clearly illustrates the attraction of our business model for SMEs looking to develop and commercialise their IP. 'We are delighted to have been selected to partner the City of Lincoln Council and Lincolnshire Enterprise in this new project. Our team is looking forward to working with Lincolnshire's businesses to help identify new opportunities and secure business growth through innovation.' Enquiries: ANGLE plc +44 (0)1483 295830 Andrew Newland, Chief Executive Ian Griffiths, Finance Director Buchanan Communications +44 (0)20 7466 5000 Richard Darby, Suzanne Brocks, James Strong Notes to Editors Founded in 1994, ANGLE is an international venture management company focusing on the commercialisation of technology and the development of technology-based industry. ANGLE creates, develops and advises technology businesses on its own behalf and for its clients. ANGLE is listed on AIM (AGL.L); further information can be found on www.ANGLEplc.com This information is provided by RNS The company news service from the London Stock Exchange

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