New US Venture

Angle PLC
29 April 2005


For Immediate Release                                            29 April 2005


                                   ANGLE PLC

                        ESTABLISHMENT OF NEW US VENTURE


ANGLE plc, the venture management and consulting company specialising in the
commercialisation of technology, is pleased to announce the establishment of its
latest US-based venture, currently named ContraSoft.  ANGLE has secured
intellectual property for ContraSoft in the field of computer software testing
developed by a team led by Dr. William Rogers.

Under the new agreement, ANGLE has an option to intellectual property (IP)
developed by Dr. Rogers.  This IP offers the potential to change the approach
used worldwide for software testing, with substantial improvements in
productivity, reduced costs and improved software quality.  The market for
software testing tools was over $1.0 billion in 2004 and is projected to grow at
9.3 per cent. per annum from 2003 to 2008 according to market research firm IDC.

In accordance with ANGLE's Progeny(R) process for creating new ventures, ANGLE's
plan is to undertake the technology commercialisation and product launch
building value in ContraSoft.

Dr. Rogers has been active in many different aspects of the computer industry,
including software development, corporate management, research, and teaching.
Dr. Rogers was previously an Assistant Professor of Electrical and Computer
Engineering with the University of Texas.  He has also taught courses for
businesses including IBM, Motorola, Hewlett Packard, Agilent and AMD.  Dr.
Rogers has had previous commercial success, having owned and run a small company
and managed research and development for a small multinational software company.
He received his Master's and PhD from the University of Illinois at
Urbana-Champaign and his BSE from Tulane University.


ANGLE's Chief Executive Andrew Newland said:



'We are delighted to be working with Dr. Rogers to bring this exciting
technology to market. We believe the software testing market is a substantial,
fast growing market long over due for a new approach.'



Dr. William Rogers commented,



'The ANGLE model of combining management expertise and initial capital was very
attractive to me. I think it is a unique model and will accelerate the
development of the company.'



For further information:


ANGLE plc
Andrew Newland, Chief Executive                              [phone]
Dawson Buck, Deputy Chief Executive

Buchanan Communications                                      [phone]
Richard Darby, Suzanne Brocks, James Strong





Notes to Editors



Founded in 1994, ANGLE is an international venture management and consulting
company focusing on the commercialisation of technology and the development of
technology-based industry. ANGLE creates, develops and advises technology
businesses on its own behalf and for its clients.






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