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Knowledge Technology (ARC)

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Friday 29 December, 2006

Knowledge Technology

AGM Statement

Knowledge Technology Solutions PLC
29 December 2006




RNS release


29 December 2006

                         Annual General Meeting Update


At today's Annual General Meeting of Knowledge Technology Solutions PLC ('KTS'
or the 'Company'), the Chief Executive will outline to shareholders the main
developments over the year and discuss current prospects.


Chief Executive's AGM Report


As previously reported in our final results statement released on 4 December, we
introduced a new strategy aimed at building a broader, higher margin revenue
base.


The new strategy maintains the focus on the strength and flexibility of our
technology, but reduces the Company's dependency on revenues derived solely from
market data subscription services.


As part of the diversification, a new area of focus has been the creation of
specific solutions that address the requirements arising from the planned
introduction of the Markets in Financial Instruments Directive, MiFID. As you
may be aware, MiFID is an EU directive aimed at creating transparency throughout
the European Union for market participants dealing in securities and is expected
to become law from 1 November 2007.


Complying with MiFID will require considerable investment from financial
institutions, creating for KTS many revenue earning opportunities where we can
work with partners such as major investment banks and brokers to build solutions
that not only meet MiFID's regulatory requirements, but also potentially lead to
tangible commercial benefits among our target partner base.


Importantly, through participation in MiFID implementation forums over the last
15 months, we believe we have identified separate but equally compelling
opportunities among both the investing side and the securities' sales side of
the target financial institutions, again if successful, significantly broadening
our market beyond its current revenue base.


Again, as part of KTS's strategy to increase market share, we have also
introduced MarketTerminal ON-SITE.  This is a new product that provides global
banks with customised viewing applications that are designed to improve the
interface between a bank's internally originated and derived information and the
external data and prices sourced from a plethora of third party suppliers.


MarketTerminal ON-SITE uses the same proprietary technology platform as
MarketTerminal and integrates seamlessly with the bank's existing
infrastructure. It is being sold on a licence model and aimed at a new market
for KTS - mid-tier users within major international investment banks operating
in the City of London.


We are delighted that the response to MarketTerminal ON-SITE has been very
encouraging because clients have recognised it brings vital new competition to a
market traditionally dominated by just a few large data vendors. Increased
flexibility, seamless integration with existing infrastructures and immediate
cost savings make MarketTerminal ON-SITE a highly attractive proposition for
major investment banks.


A 'proof of concept' phase with one global investment bank has been successfully
completed and we are looking forward to reporting to shareholders key
developments on this and our MiFID solutions.


Looking ahead, we are pleased that our recent financing rounds have been well
supported by new and existing shareholders. We are delighted that they share our
excitement and belief in our new products and strategy, and the strength and
track record of KTS's proprietary technology.  With over £1.8 million in new
funds now secured, we believe we have the financing in place that will enable us
to make 2007 a year which KTS strengthens considerably its position in the live
financial data services market.


Marc Pinter-Krainer, Chief Executive

29 December 2006

Contacts:

Dr Marc Pinter-Krainer                                  Neil Boom

Knowledge Technology Solutions PLC                      Gresham PR Ltd.

020 7256 2300                                           020 7404 9000

Emily Morgan                                            Barrie Newton

Corporate Synergy Plc                                   Corporate Synergy Plc

0117 933 0020                                           01225 424 666


Notes to Editors


About Knowledge Technology Solutions PLC


Knowledge Technology Solutions PLC is an innovative provider of financial market
data application services and the company is listed on AIM, a market operated by
the London Stock Exchange (ticker symbol: KTS).


Utilising its proprietary advanced technologies, KTS focuses on developing and
providing real-time market data services to the financial marketplace by
delivering essential market data and news via more cost-effective communications
channels.


KTS differentiates itself from other leading information providers as its
services are technology driven. They are designed to run on standard PCs and
laptops without the need for any installation of dedicated hardware, software or
infrastructure, as the application runs on the server side on powerful clusters
of highly resilient and secure servers.


Financial professionals can log on to KTS's services by using a standard
Internet connection from any geographical location across fixed and wireless
networks. KTS's 'zero-client' application service requires no client-side
components and upgrades are automatic.  Other benefits include flexibility and
cost savings in support and maintenance using any market data infrastructure.
More than 130 client organisations currently subscribe to KTS's financial
information service KTS MarketTerminal.


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