Contract Win

Angle PLC
06 February 2008


For Immediate Release                                            6 February 2008



                                   ANGLE plc
                           ('ANGLE' or the 'Company')

             ANGLE selected for Long-term Management Contract with
             London Development Agency Knowledge Connect Programme

ANGLE plc (AIM:AGL), the intellectual property and technology commercialisation
company, announces that it has been selected as a preferred bidder for a major
new management contract worth £3.7 million over the next three years.

ANGLE has been selected by the London Development Agency (LDA), subject to
contract, for the delivery of the Knowledge Connect Programme. The Knowledge
Connect Programme aims to increase the level of business research and
development in London by creating new collaborations between business and the
London knowledge base, with a focus on enterprises that have not previously
worked with this sector.

This flagship Programme, a core part of the LDA's Knowledge Transfer Strategy,
will engage with 1,600 businesses and involve ANGLE working intensively with 265
businesses across London. The Programme is being established to raise the
performance and aspirations of London's businesses by providing effective
support for research and development, knowledge transfer and innovation across
the Capital.

ANGLE was selected following a competitive tendering process on the basis of its
experience in delivering similar business support programmes in London, UK wide
and internationally. Additionally ANGLE has developed techniques which, it was
able to demonstrate, have secured successful knowledge transfer from academic
and research institutions and have measurable business benefits for a wide range
of small and medium sized enterprises (SMEs).

Andrew Newland, Chief Executive of ANGLE, said:

'This represents a major success 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 London Development Agency
in this new project. Our team is looking forward to working with London's
businesses to help identify new opportunities and secure business growth through
knowledge transfer and innovation.'

Garth Selvey, Chairman of ANGLE, added:

'This project adds to the strength of our Management services business, which
provides the platform for ANGLE's ongoing operation. As stated in our Interim
Results for the six months ended 31 October 2007 released on 31 January 2008,
the Board believes that several of ANGLE's portfolio companies have the
potential to deliver substantial cash returns for shareholders.'


Enquiries:
ANGLE plc                                              [phone]
Andrew Newland, Chief Executive
Ian Griffiths, Finance Director

Buchanan Communications                                [phone]
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