Acquisition

IS Solutions PLC
23 March 2006

IS Solutions plc



Acquisition



The Board of IS Solutions ('ISL') is pleased to announce the acquisition of
Candric Limited ('Candric') for a total consideration of £200,000, to be
satisfied by the transfer of 373,692 ordinary shares in IS Solutions (currently
held as Treasury shares) at a price of 13.38 pence per ordinary share and cash
of £150,000



Candric is an IT services business based in Windsor undertaking both onsite and
offsite support contracts. At acquisition, the founders / vendors of the
business will retire and the remaining 12 employees will relocate to the IS
Solutions offices in Sunbury on Thames. In the year ended 31 August 2005,
Candric had revenues of £681,000, reported a pre-tax loss of £11,000 and had
gross assets of £137,000.



The Board of ISL believes that the acquisition will be earnings enhancing in the
year to 31 December 2006 following the cost savings which are expected to arise
from the relocation of staff and retirement of the vendors.



Following the transfer of Treasury shares as part of the consideration for the
transaction, a further 426,308 Treasury shares remain in issue alongside
24,366,882 ordinary shares of 2 pence each.






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