Issue of Equity

Crimson Tide PLC
01 May 2008


Crimson Tide Plc ('Crimson Tide' or the 'Company')


Issue of Equity


1 May 2008


On 8 December 2006, the Company announced that it had completed the acquisition
of Intelligent Data Limited ('Intelligent Data'), a company providing mobile
data solutions and other software solutions, which was funded by the issue of 4
million ordinary shares and £120,000 from a new loan facility with HSBC.


At this time it was agreed that additional new ordinary shares of Crimson Tide
with a market value of £60,000 would be issued to the vendors on 30 April 2008
provided that Intelligent Data's sales for the year ending 31 December 2007
exceeded €1,000,000, the shares to be issued at the average closing mid-market
price for the 5 business days prior to 30 April 2008 (being 1.875p per share).


Crimson Tide is pleased to announce that this sales target has been met and as a
result application has today been made for the admission of 3,200,000 new
ordinary shares to trading on AIM with admission expected to occur on 8 May
2008.


Following the issue of these ordinary shares, the Company will have 318,965,953
ordinary shares in issue.


The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company.


Enquiries:

Crimson Tide Plc                                       01892 542 444

Barrie Whipp, Executive Chairman


W.H. Ireland Limited                                   0121 265 6330

Katy Birkin


                     This information is provided by RNS
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