Period-End Trading Update

Amino Technologies PLC
10 December 2004



FOR IMMEDIATE RELEASE                                        10 December 2004


                             AMINO TECHNOLOGIES PLC


                            PERIOD-END TRADING UPDATE


Amino Technologies plc ('Amino' or 'the Group'; stock code: AMO), the
Cambridge-based broadband network software and systems company, is issuing its
period-end trading update for the 11-month financial year to 30 November 2004.

   •Since the last trading update on 4 October 2004, sales of Amino's AmiNET
    set-top boxes and software technologies have continued in line with the
    directors' expectations and the key measures of customer adoption of Amino's
    technologies continue to show strong growth.

The Board is pleased with the excellent progress made during Amino's first full
financial period since it began shipping its range of AmiNET set-top-boxes in
October 2003, highlights of which include:

   •Total shipments of AmiNET units for the 11-month period were
    approximately 175,000 (2003: 11,500); and
   •At 30 November 2004, Amino's order book was valued at £8m (2003: £5m). In
    addition, contracts have been received for a further £10.3m (2003: £nil),
    where delivery schedules are to be confirmed.
   •The sale of its first technology licence to a major OEM in the
    hospitality sector;

The rapid pace of growth in the market, and its relative immaturity, continue 
to pose challenges in terms of forecasting the customer and sales mix when
fulfilling demand for AmiNET products where the component lead times are
relatively long. The Board recognises that this introduces short-term
inefficiencies that are expected to reduce as the business matures, sales mix
and shipment volumes become more predictable, and the expanded sales and
engineering support facilities settle down.

It should also be noted that substantially all of the Group's revenues in the
second half of the year were denominated in US dollars. There has been an
adverse effect from the continuing weakness of the dollar against sterling,
offset partly by the significant proportion of Amino's cost of sales which are
also in US$.

Taking these factors into account, Amino expects to report revenues for the
11-month period in line with market expectations of over £13m (2003: £1m) and
satisfactory, although lower than expected, profits (2003: loss of £4.4m).

Looking forward, it is evident that the commercialisation of IPTV (internet
protocol TV) is moving at a faster pace than expected even a short time ago.
Amino has a stream of new products, either already announced or planned for
announcement in the coming months, which will support its strong market
position. Given the substantial backlog outlined above, Amino now expects and
is planning for shipments and revenues for FY 2005 to be considerably higher
than current market expectations.

The Board is pleased with the strong progress made during the financial year
and is confident that Amino is well placed to benefit from this rapidly growing
market.

Preliminary results announcement

Amino expects to announce its preliminary results for the 11 months to 30
November 2004 around the end of January 2005.

Ends


CONTACTS

Amino Technologies:
Grant Masom, Chairman                                             01954-234100
Bob Giddy, Chief Executive                                        01954-234100
Stuart Darling, Finance Director                                  01954-234100
www.aminocom.com

Bankside:
Steve Liebmann/Susan Scott                                       020-7444-4140




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