Chairman's Statement

APPLIED TECHNOLOGY MONITORING PLC                       

                              ("ATM" OR "COMPANY)                              

                             CHAIRMAN'S STATEMENT                              

                             for the period ended                              
                              31st December 2007                               

There follows the audited consolidated results for the nine month period from
1st April 2007 to 31st December 2007. These show a loss of £ 302,000 after
taxation, on turnover of £ 352,000. Gross margins during the period ran at 53%.

This report is the result of a change in your Company's financial year end and
is brought about by the strategic review of the sales and marketing
performance, referred to in my last statement. The discussions with an
established, integrated solutions' provider over the last six months have
confirmed that opportunities do exist for sales' growth in return for
above-average gross margins. The discussions continue with the objective of
formalising a relationship that will achieve the optimum results for both
parties; if successful, shareholders and the market will be informed at the
earliest opportunity.

In addition to thanking all shareholders for their on-going support I would
like to thank the present Directors and the staff for their efforts. I look
forward to communicating with you again shortly, as soon as a date can be set
for the AGM.

Martin Trussler, Chairman

28th July 2008