Update

Immediate Release: February 6, 2003      

                                  SOPHEON PLC                                  

                                  ('Sopheon')                                  

                                    UPDATE                                     

Sopheon plc advises the market that is not aware of any corporate actions which
could be the cause of the recent movement in its share price. While very
encouraged by the rise, Sopheon emphasises that it has limited recent corporate
activities to matters outstanding from 2003 divestments, and to supporting its
balance sheet position. Key examples are ongoing negotiations over earnouts and
asset transfer values with the purchaser of the group's Information Management
business, negotiation and conclusion of a €10m equity line facility with GEM
Global Yield Fund Limited, and the recent placing of 3,600,000 shares for gross
proceeds of £828,000.

The board remains committed to delivering Sopheon's long-term business
objectives and is encouraged by the positive effect on the business of the
significant corporate activity undertaken over the last 12 months. Management
is focused on building on the positive developments of the final quarter of
2003, in a market in which the investment climate and the quality of sales
pipeline activity continue to show real signs of improvement over previous
periods.

The company intends to release its 2003 preliminary results around the end of
March, and will make further announcements when a date is confirmed.

For further information contact:

Barry Mence, Chairman   Sopheon plc                  Tel : + 44 (0) 1483 685   
                                                     735                       
Arif Karimjee, CFO                                                             
                                                                               
Adam Reynolds           Hansard Communications       Tel : + 44 (0) 207 245    
                                                     1100                      
Andrew Tan                                                                     
                                                     + 44 (0) 7957 203 685     
                                                                               
Barbara Jansen          Citigate First Financial     Tel : + 31 (0) 205 754 010

About Sopheon

Sopheon (LSE: SPE) is an international provider of software and services that
help organizations improve the business impact of product development. The
Sopheon Accolade® product development system automates gate- or phase-based
product development processes and provides strategic decision support that
allows companies to improve innovation, cut product development spending waste
and shorten time to market. Sopheon's Monitor software operates as a 'reading
robot' that automatically reviews, filters, analyzes and pushes relevant
content to healthcare and engineering professionals to enable effective
compliance with protocols, standards and regulations. Sopheon is listed on the
AIM Market of the London Stock Exchange and on the Euronext in the Netherlands.
For more information, please visit www.sopheon.com.