Voyage IT Subsidiary Acquire

VoyagerIT.Com PLC 24 January 2001 Voyager IT.com plc - FINDSTAR SUBSIDIARY ACQUIRES UK LICENCEE OF PANDA ANTIVIRUS SOFTWARE The Board of Voyager IT.com plc, is pleased to announce that today its wholly-owned subsidiary Findstar Ltd has acquired PANDA Software (UK) Limited, ('PSM') which has a 5 year exclusive licence agreement for the sale of all PANDA software products for the UK, with PANDA Spain, the world-wide licensor for the PANDA Antivirus software product. The acquisition will add substantially to the gross margin falling to the Findstar Group's account. Findstar owns PANDA Antivirus Software Limited, which holds a UK Distribution Agreement for the PANDA Antivirus product. The consideration for the acquisition is £298,000, of which Findstar is paying £231,000 in cash, plus 1.5million Voyager IT.com shares for 100 per cent of the equity of PSM. PSM's PANDA Antivirus application precludes the loss of information on PC through Bugs or other unauthorised data. Unaudited accounts of PSM for the period to 31st December 2000 show retained losses of £646,000, gross assets of £41,000, and negative net assets of £596,000. Enquiries: Voyager IT.com plc 01480 413 330 Stephen Dean, Chairman Peter Holmes, Finance Director Mobile: 07879 412772 Seymour Pierce Limited 020 7648 8700 Sarah Wharry Boswell City Financial PR Limited 020 7583 2001 Glenda Boswell Mobile 07768 235 735 Rodney Johnson

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