21.1% Stake Taken in ASP Technology International

NewMedia SPARK PLC 21 March 2000 NewMedia SPARK invests £2,000,000 in ASP Technology International Ltd. NewMedia SPARK plc ('SPARK') announces that it has agreed to invest £2,000,000 for a 21.1 per cent. stake in ASP Technology International Ltd. Key Points * ASP Technology International Ltd. ('ATI') is a fabless semiconductor company designing Integrated Circuit ('IC') devices for the digital image processing market. Applications include computer vision, scanning and sensing. * The Company will use the investment to establish a marketing and sales infrastructure in the USA and expand the market and sales operations in the European Union. * The Company offers unique very high-performance cost- effective programmable ICs and boards into industrial, medical and scientific markets and it will expand its product range into the office equipment digital imaging markets. * The Company is positioning itself to enter - with a proven technology - the emerging consumer markets for Internet appliances and digital interactive television with programmable designs for digital image content creation, delivery and display. * Last summer, the Company's technology was used in the creation of a visualisation workstation with the highest known performance for the US Naval Research Laboratory in Washington, D.C. Commenting on the investment, John Bolitho, Assistant Director of NewMedia Investors, Adviser to SPARK, said: 'We are pleased to have arranged an investment in ATI on behalf of SPARK. Over the past 10 years, the founders have developed a very interesting suite of intellectual property and products in the area of parallel processing. As convergence of telecommunications and computing is driving increased demand for this sort of application, we believe the time is right for this technology to be commercialised.' John Lancaster, CEO and Co-founder of ASP Technology International Ltd., said 'Processing of visual information will be the key to next generation Internet appliances. With this investment the company will provide the market with the enabling technology for such products. We are delighted to be working with SPARK at this exciting stage in our company's growth.' David Lee, formerly of Acorn plc, will be joining the Board as non-executive Chairman. John Bolitho will be joining the Board as a non-executive director representing SPARK. ASP Technology International Ltd. is the 24th investment announced by NewMedia SPARK since its shares began trading on the Alternative Investment Market on 28th October 1999. For further information please contact: Michael Whitaker 0468 555944 NewMedia SPARK plc +20 7851 7777 Lisa Baderoon / Tim Anderson Buchanan Communications +20 7466 5000
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