Acquisition

i-documentsystems Group PLC
1 September 2003


1 SEPTEMBER 2003

                          i-documentsystems group plc


                            Acquisition of Mandoforms

                  Placing of New and Existing Ordinary Shares


i-documentsystems group plc ('IDOX' or 'the Group'), a provider of e-Government
solutions to Local Authorities, announces that it has entered into a conditional
agreement to acquire the entire issued share capital of the online forms
specialist, NettGain Solutions Ltd, trading as Mandoforms ('Mandoforms'), for a
consideration of approximately £1,500 payable in cash upon completion. In
addition, IDOX will assume certain liabilities of NettGain Solutions Ltd up to a
value of £750,000.

Mandoforms was founded as an e-Commerce consultancy developing sophisticated
Java-based software solutions for online data capture and data processing to
generate fast, simple, safe and secure online forms. Since 2000, Mandoforms has
established a significant presence in the U.K. Local Authority marketplace to
enable the delivery of electronic services by the e-Government deadline of 2005.
Mandoforms core product has gained wide acceptance within the Local Authority
market due to its ease of use and its ability to allow councils to build their
own forms. As at 30 July 2003, Mandoforms has supplied its products and services
to 36 U.K. Local Authorities. In addition, Mandoforms' technology has been
successfully deployed within organisations such as Alliance & Leicester, Bank of
Scotland and GUS and has been used for various tasks including mortgage
applications, market research and business plan production. Mandoforms' audited
accounts for the year to 30 June 2002 show net assets of £336,000, turnover of
£997,000 and a loss before tax of £422,000.

This acquisition provides IDOX with market-leading electronic forms technology
to meet the needs of existing and potential customers. Furthermore, with only
four customers in common, the acquisition presents IDOX with considerable
cross-selling opportunities in respect of its unique e-Government solutions
offering encompassing software, information and managed services. An excellent
team of people at Mandoforms will serve to strengthen the existing IDOX team.

Funding for the transaction has been arranged via a placing of new ordinary
shares. Noble & Company, acting as agent for the Group, has placed a total of
11,500,000 ordinary shares of 1p each on behalf of the Group, raising £1,150,000
before issue expenses, at a price of 10p per share. The proceeds will be used
towards the acquisition of the entire issued share capital of Mandoforms, the
settlement of certain liabilities and to augment the Group's existing working
capital. The new ordinary shares will rank pari passu with the existing ordinary
shares of the Group and represent 7.5% of the enlarged issued share capital of
the Group.

Application has been made for the new ordinary shares to be admitted to the
Alternative Investment Market ('AIM') of the London Stock Exchange plc. It is
expected that dealings in the new ordinary shares will commence on 4 September
2003.

In addition, 7,700,000 existing ordinary shares of 1p each have been placed on
behalf of Lombard Risk Management plc to new institutional investors at a price
of 10p per share. Lombard Risk Management plc will retain a total of 7,190,434
ordinary shares, representing 4.7% of the enlarged issued share capital of the
Group. John Wisbey, Chairman of IDOX, is a director and significant shareholder
of Lombard Risk Management plc. The transaction will be effected on 4 September
2003.

Commenting on the acquisition, Andrew Fraser, IDOX's Chief Executive, said:

'This acquisition is an exciting development for IDOX. Mandoforms has excellent
products, possesses a high-calibre team and an impressive client portfolio which
will help us to accelerate our penetration of the Local Authority market. An
important additional benefit is that both IDOX and Mandoforms will be able to
offer significantly enhanced services to their respective clients. I am also
delighted that our confidence in IDOX's prospects has been endorsed by the
enthusiastic response to this development from existing and new institutional
shareholders.'

                                      -END-


For further information please contact:

Andrew Fraser, CEO, i-documentsystems group plc              020 7427 0660
Tim Bowen, CFO /COO, i-documentsystems group plc             020 7427 0660
Ben Thomson, Noble & Company Limited                         0131 225 9677
Nadja Vetter, Cardew Chancery                                020 7930 0777


Notes to Editors

i-documentsystems

i-documentsystems group plc is a fast-growing information services company,
specialising in the development of products and services for information
management and information/content provision. The Group has three key business
areas - software, information and managed services.

IDOX Software is a sophisticated web-based software package delivering
platform-independent solutions for document management and workflow with proven
content management, records management and knowledge management capabilities.

The group maintains the largest collection of information in the UK on all
aspects of best practice and governance in the public sector. This library is
available to clients through membership of the IDOX Information Service.
Information projects are also undertaken for public sector clients.

The Group has a leading position in putting the Local Government Planning
process online (its first Managed Services solution) and has developed the first
true end-to-end e-Planning solution for Local Authorities and their citizens -
UKPlanning.

Provided separately, or as a joint offering, these areas of expertise allow
i-documentsystems to provide for all the information provision and information
management needs of local government.


                      This information is provided by RNS
            The company news service from the London Stock Exchange