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Future Integrated (FUR)

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Friday 03 August, 2001

Future Integrated

Potential acquisition

Future Integrated Telephony PLC
3 August 2001

Future Integrated Telephony Plc


Potential acquisition


The Directors have noted certain comments appearing on an internet bulletin
board regarding the possibility that the Company may be subject to a reverse
takeover or merger.


The Directors can confirm that the Company is in discussions with Eurotel
Systems Limited ('Eurotel') that may or may not lead to an offer by the
Company for the acquisition of Eurotel that would constitute a reverse
takeover and would require the approval of shareholders of Future Integrated
Telephony Plc.


The operations of Eurotel are highly complimentary to those of the Company and
the Board of Future Integrated Telephony Plc considers that it is in the
interests of shareholders to continue to pursue this opportunity.


In view of the breach of commercial confidentiality, the Directors have
requested that trading in the Company's shares are suspended pending
clarification of the terms of any such offer and, if appropriate,
consideration by the Company's shareholders.




END

                                                                                
                                                                                
   

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