Contract Win

Angle PLC 20 July 2005 For Immediate Release 20 July 2005 ANGLE plc Wins Contract With The BioBusiness Alliance of Minnesota ANGLE plc, the venture management and consulting company specialising in the commercialisation of technology and the development of technology-based industry is pleased to announce that its US Consulting and Management division has won a contract with The BioBusiness Alliance of Minnesota, worth $200,000, to conduct a comprehensive assessment of the state's biobusiness capabilities. The BioBusiness Alliance of Minnesota is an industry-driven, business development organisation of representatives from established and emerging Minnesota companies, universities and government. It is devoted to building the bioscience industry, retaining and creating jobs and economic growth, and positioning Minnesota as a global leader in biobusiness. The Minnesota biobusiness industry includes many World-class businesses and institutions such Medtronic, 3M and the Mayo Clinic. The information from the six month assessment, which will conclude in the fourth quarter of 2005, will benchmark Minnesota against other countries and states. The outcome of the process will identify the State's strengths and development needs, and provide recommendations to target specific areas of biobusiness in which Minnesota can compete as a global leader. These recommendations will reflect the convergence of technologies, products, and markets that exist in the State, and identify Minnesota's opportunity areas for growth. ANGLE established a Minnesota office in August 2004 in recognition of the significant business potential it believes exists in this State. ANGLE was chosen following a rigorous national and international selection process. ANGLE was selected for their significant experience both in conducting assessments in the U.S. and internationally, and for their consulting expertise in the technology industry. Dr. Gary P. Evans, CEO of ANGLE's US Operations, said: 'We are delighted that ANGLE has been selected to deliver this innovative, industry-driven assessment of Minnesota's biobusiness capabilities. We look forward to working with the BioBusiness Alliance team to take the first step in the long-term planning and development of a biobusiness strategy for Minnesota.' Andrew Newland, Chief Executive of ANGLE plc, said: 'This contract is a great example of ANGLE's continuing expansion within the United States. The Minnesota region is a prosperous biobusiness arena and this contract will position ANGLE alongside some of the biggest names in the market. We expect that Minnesota will emerge as a further key platform for our Ventures business in the US.' - ENDS - For further information ANGLE plc Andrew Newland, Chief Executive Tel: +44(0)1483 295830 Lisa Smith, Principal Executive, US Operations Tel: +1 301 524 5654 Buchanan Communications Tel: +44 (0)20 7466 5000 Richard Darby, Suzanne Brocks, James Strong Notes to Editors Founded in 1994, ANGLE is an international venture management and consulting 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. This includes extensive expertise in the commercialization of technology, new company formation, investment and corporate finance, Research Park and incubator development and management, and delivery of economic development programs. ANGLE operates from offices in the UK, the US and the Middle East. 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

Companies

Angle (AGL)
UK 100

Latest directors dealings