Eckoh sells Connection Makers

Eckoh PLC
17 December 2007


17 December 2007



 Eckoh sells the remaining trade and assets of its Connection Makers subsidiary
                                   for £1.75m


Eckoh plc, the UK's largest provider of hosted speech recognition services,
today announces the sale of the remaining trade and assets of its Connection
Makers division. The sale has been agreed with Antiphony Limited  for a cash
consideration of £1.75m of which £600,000 will be paid immediately following the
effective completion date of January 1st, 2008, with a further £1.15m being paid
in equal monthly cash instalments over the following 24 months.

The trade and assets sold comprised a series of chat services advertised in the
media and accessed by phone or through the internet. These services generated
£1.7m of revenue in the six months to 30th September 2007 (and £2.3m in the six
months to 30th September 2006). The services generated £0.7m of gross profit in
the six months to 30th September 2007 (and £0.8m in the six months to 30th
September 2006). After direct expenses, £0.4m of profit   was contributed to the
central overhead of the Group in the six months to 30th September 2007 (and
£0.4m in the six months to 30th September 2006). Whilst there will be a short
term impact on Group profitability following the disposal, the cash
consideration will be applied in strengthening the balance sheet of the
remaining business and assisting the management in growing the core Speech
Solutions division.

Antiphony Limited is a subsidiary of AMV Holding Limited, which specialises in
providing mobile content and branded services to both consumers and businesses.
AMV Holding Limited was recently recognised as the 4th fastest growing UK
technology company in the 2007 Sunday Times Microsoft Tech Track.

Following the agreement for the sale of the TV division announced on October
1st, 2007, the sale to Antiphony Limited is the final step in the strategy of
disposing of the Connection Makers division so as to allow Eckoh to further
reposition and focus its business on the high margin Speech Solutions sector.


For further enquiries, please contact:

Eckoh plc
Nik Philpot, Chief Executive Officer                  Tel: [phone]
Adam Moloney, Group Finance Director
Jim Hennigan, Executive Director
www.eckoh.com

Corfin Communications
Harry Chathli / Neil Thapar / Ben Hunt                Tel: [phone]

Seymour Pierce
Jonathan Wright / Parimal Kumar                       Tel: [phone]





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