Agreement Signed to Acquire ReNet

Harrier Group PLC 15 March 2000 Harrier Signs Agreement to Acquire ReNet Reading, Berks - 10 March 2000, Harrier Group plc, a leading integrator of both Internet and network security, and enterprise data management, announced today that it has signed an agreement to purchase ReNet Ltd, an IT consultancy and support services company, for £130,000 payable in cash. ReNet is an IT consultancy and support services company that has developed relationships with a number of manufacturers including Citrix Systems Inc. who provide application server software and services to the enterprise. 'ReNet is a bolt-on acquisition, which is consistent with our overall strategy to acquire partners in the internet and network security markets where we believe there is strong growth,' said Terry Radford, Managing Director of Harrier Group. 'Additionally, the combination of Harrier and ReNet's Citrix expertise will enable us to further develop our managed services.' Radford continued. 'It will also complement the range of products and services already offered by Harrier and strengthen our position as a leader in Internet security and data management.' Company Contact: Sarah Carter Harrier Group plc Tel: 0118 931 9310 Email: sarah.carter@harrier.com Media Contact: Sara Claridge Marylebone Media Relations Tel: 0118 975 5188 Email: sara@marylebone.co.uk
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