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PremiSys Tech. PLC (ASE)

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Monday 05 November, 2001

PremiSys Tech. PLC

Issue of Equity

PremiSys Technologies PLC
5 November 2001

                                                               5 November 2001

                          PREMISYS TECHNOLOGIES PLC

                               ('the Company')

                                  New Issue

The Board of PremiSys Technologies plc announces that the Company has
undertaken to issue 583,333 new ordinary shares of 10 pence each in the
capital of the Company (representing 0.6% of the enlarged share capital) to
Aspect Internet Limited ('Aspect'). The new ordinary shares have been issued,
at an issue price of 12 pence per share, as full and final settlement for
hosting and consulting services provided by Aspect up to 15 June 2001 to the

Application has been made to the London Stock Exchange for the new ordinary
shares to be admitted to trading on AIM. It is expected that the new ordinary
shares will be admitted to trading on AIM on 9 November 2001.


For further information, please contact:
PremiSys Technologies plc

Walter Goldsmith                                          020 7388 4890

Charles Woods
Deloitte & Touche Corporate Finance

Robin Binks                                               020 7936 3000

Richard Collins
The Communications Group

Tom Allison                                               020 7630 1411

The Directors of PremiSys Technologies plc accept responsibility for the
information contained in this announcement. To the best of the knowledge and
belief of the Directors (who have taken all reasonable care to ensure that such
is the case) the information contained in this announcement is in accordance
with the facts and does not omit anything likely to affect the import of such