Investment In New Spin-Out

IP2IPO Group PLC
15 June 2005


For immediate release                                               15 June 2005


                                IP2IPO GROUP PLC
                           ('IP2IPO' or 'the Company')

                 Oxford RF Sensors receives funding from IP2IPO

IP2IPO Group plc (AIM: IPO) ('IP2IPO') is pleased to announce that it has
invested £470,000 in return for a 35.9% equity interest in Oxford RF Sensors
Limited ('ORFS'), a spin-out company from the Physics Department at the
University of Oxford.

ORFS has developed novel, highly sensitive, non-contact sensors which can detect
and measure a variety of materials including metals, plastics, gases and
liquids.  The sensors operate across a wide temperature and frequency range and
are highly resilient to dirt, dust and oil contamination.  The technology has
already been delivered to an initial customer's specifications and incorporated
into a product for monitoring turbochargers.

ORFS's underlying science and patented intellectual property has been developed
over many years by Dr John Gregg, a fellow of Magdalen College, Oxford.  Dr
Gregg researches the novel physical properties of nano-scale magnetic systems
and is a world expert on spin electronics.

The formation of ORFS was assisted by Isis Innovation, the technology transfer
company of the University of Oxford, which has licensed key intellectual
property to the company.

Commenting on today's announcement, Dave Norwood, IP2IPO's Chief Executive,
said: 'Oxford RF Sensors represents an incredibly exciting business opportunity.
It is also the first spin-out from the Oxford Physics Department in which
IP2IPO has invested and so marks another very positive development in IP2IPO's
relationship with the University of Oxford and Isis Innovation.'

Ross Walker, Chief Executive of ORFS, said: 'Our highly sensitive and robust
sensors are already attracting a great deal of industry interest. We have
initial customers on board and are in the advanced stages of signing up more.
This round of funding will enable us to increase our engineering resource to
meet their demands and to rapidly expand our business.'

For more information please contact:

IP2IPO
David Norwood, Chief Executive Officer              020 7489 5200

Oxford RF Sensors
Ross Walker, Chief Executive Officer                0780 1371633

Buchanan Communications
Mark Court, Mary-Jane Johnson                       020 7466 5000


Notes for editors

IP2IPO is an intellectual property (IP) company that specialises in
commercialising university technology. The Company was founded in 2001 and
listed on the AIM Market of the London Stock Exchange plc in October 2003.
IP2IPO's first partnership was with the University of Oxford. In return for an
investment of £20 million, IP2IPO has acquired 50 per cent of the University of
Oxford's equity in spin-out companies and technology licenses based on
intellectual property created at the Chemistry Department until 2015. In
November 2003, IP2IPO created a £5 million seed capital fund for investing in
spin-out companies across the University of Oxford, not just those originating
within the Chemistry Department.

In March 2002, IP2IPO entered into a second long-term partnership with the
University of Southampton. Under the terms of this partnership, IP2IPO is
committed to working with the University of Southampton in the identification
and facilitation of spin-out companies from across the University of Southampton
and to investing £5 million in early-stage University of Southampton spin-out
companies over a four year period in return for equity stakes in those
companies. In addition, IP2IPO also received a 20 per cent stake in Southampton
Asset Management Limited, a company that has been formed to hold the
University's equity stakes in its spin-out companies. The partnership has a term
of at least 25 years.

IP2IPO entered into its third long-term partnership in May 2003 with King's
College London. IP2IPO will work with King's College London to help identify and
progress commercialisation opportunities as well as invest £5 million in seed
capital in spin-out companies from King's College London over a five year period
in return for equity stakes in those companies. In addition, IP2IPO will receive
20 per cent of King's College London's equity in spin-out companies and
technology licenses. The partnership has a term of 25 years.

In October 2003, IP2IPO announced a fourth partnership with the Centre for Novel
Agricultural Products ('CNAP'), based at the University of York. CNAP is a
flagship research centre that specialises in plant and microbial gene discovery.
Under the terms of the partnership a new company, Amaethon Limited, has been
created which has the right to commercialise CNAP's IP for 25 years. IP2IPO has
invested £1.15m in Amaethon Limited in return for a 40% equity stake in Amaethon
Limited (the remaining equity being owned by the University of York) and will
also invest in the spin-out companies based on CNAP's IP which Amaethon Limited
creates.

In June 2004, IP2IPO acquired Top Technology Ventures Limited, an investment
adviser to early stage technology funds. This combines IP2IPO's expertise in the
creation of new ventures based on world leading university IP with Top
Technology's focus on making early stage venture capital investments.

In January 2005, IP2IPO acquired Techtran, a company set up in 2002 to
commercialise university intellectual property under a long-term technology
commercialisation contract with the University of Leeds. Under the terms of the
contract Techtran receives a significant (30%) interest in spin-out companies
created and technology licences negotiated, in return for the provision of
technology transfer services to the University.
                                                        
To date, 4 spin-out companies from the IP2IPO portfolio have listed on the AIM
Market of the London Stock Exchange plc: Offshore Hydrocarbon Mapping plc,
Synairgen plc, VASTox plc and Proximagen Neuroscience plc.

For more information please visit www.ip2ipo.com


                      This information is provided by RNS
            The company news service from the London Stock Exchange