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Knowledge Technology (ARC)

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Tuesday 25 November, 2003

Knowledge Technology

AGM Statement

Knowledge Technology Solutions PLC
25 November 2003

RNS Release

25 November 2003

                   AGM statement and sales performance update

Knowledge Technology Solutions plc ('KTS'), the real-time data technology
company, will hold its annual general meeting at 1.00pm today at which Gavin
Casey, chairman, provides the following update on the Group's sales performance
and outlines other current developments.

Gavin Casey says:

'As your newly-appointed chairman, I am pleased to report that the business is
developing in line with our strategy, which is to build our market position as a
high-quality provider of live market data services to national and international
financial services professionals. We are continuing to capitalise on the
advantages inherent in our proprietary technology, which when coupled with our
customer-led service, has enabled us to continue to grow market share in the
first quarter.

'Since we reported our full-year results on the 15th October, QuoteTerminal, our
UK-specific live financial information system, has won new enterprise-wide
contracts (contracts with more than 25 terminal licences) and has received an
encouraging number of new business enquiries. As a result of new orders,
contracted annualised managed service revenues have risen by 21% since then.

'In additional to building market share for QuoteTerminal service,
MarketTerminalTM, our significantly broader international product, is now ready
for beta testing with a select number of global financial services
organisations, the target market for this service. We are optimistic about its
prospects when it launches next year.

'The Group's cash position remains strong with a net cash balance of
approximately £1.2 million at 30 October.'

Dr Marc Pinter-Krainer, CEO                  Neil Boom/Jenny Leahy
Knowledge Technology Solutions PLC           Gresham PR Ltd.
020 8795 2700                                020 7404 9000

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