Acquisition

Solid State Supplies PLC 11 August 2005 Solid State Supplies PLC (the 'Group') Acquisition of Wordsworth Technology Limited The Board of Solid State Supplies PLC ('Solid State') is pleased to announce that it has acquired the entire issued share capital of Wordsworth Technology Limited ('Wordsworth') for a consideration of £1.67 million (a further payment may be made based on any increase in value of net assets at completion from the value of the net assets at 31 March 2005) (the 'Acquisition'). The consideration has been financed from the Group's own resources and bank borrowings. Established in 1985, Wordsworth is a systems integrator serving a wide range of customers in its target markets of industrial control systems, aerospace and defence and communications. Wordsworth is regarded as a leading 'one stop shop' supplier, of industry standard computer boards, industrial computer systems and real time software to original equipment manufacturers and value added resellers. In the Board's opinion there is an experienced team at Wordsworth, who are expected to be a valuable addition to the Group following the Acquisition. The Acquisition, which was referred to in outline at the time of the Group's preliminary results announcement on 1 July 2005, furthers the strategy of BOX, BOARD and CHIP solutions. In conjunction with the Group's existing engineering solutions business, Steatite Limited, Wordsworth further enhances the Group's ability to offer the Box and Board element, with the existing core Solid State business providing the Chip solution. The audited accounts of Wordsworth, as at 31 March 2005, show that the company reported profits before tax of £422,240, and profits after tax of £316,560, on turnover of £3.6 million. The net assets of Wordsworth as at 31 March 2005 were £703,451. The Board is pleased to report that the Group's existing businesses are trading satisfactorily and that the interim results for the six months ended 30 September 2005 will be released in December. 11 August 2005 Further enquiries: Gary Marsh Managing Director Solid State Supplies PLC 01892 836 836 Philip Davies Charles Stanley & Co. Limited 020 7739 8200 This information is provided by RNS The company news service from the London Stock Exchange

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Solid State (SOLI)
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