Investment

VoyagerIT.Com PLC
25 August 2000

       VoyagerIT.com plc ('Voyager' or 'the Company')
                              
         Investment in ThinkDirectMarketing.com Inc.

Voyager  is pleased to announce that it has agreed terms  to
invest  $1  million in ThinkDirectMarketing.com Inc.('TDMI')
for  a  14.3% interest in the share capital of that company,
and to invest a further $4,000,000 in convertible loan notes
as  additional working capital for TDMI in two  tranches  in
October 2000 and January 2001.

Founded  in 1998, TDMI is an online provider of direct  mail
marketing services for small and medium sized businesses  in
the  USA.   TDMI  designs, develops and  distributes  online
products  and  services that automate and streamline  direct
marketing processes, and provides instant access to over 130
million consumers and businesses in North America.

ThinkDirectMarketing.com, Winner of  PC  Computing  Editors'
Pick/  A-List  Award for Best Marketing Information  Product
and  Winner  of  Call Centre CRM Solutions  Editors'  Choice
Award  (Digital  Data Solutions), is a business  information
services  company and marketing company that provides  small
and  medium-size businesses with a total solution for Direct
Marketing  products,  services and education  that  increase
profits and productivity. The products include: Direct  Mail
Wizard;  Geographic,  Demographic  and  Psychographics  list
products;  Customer database Modelling and  Profiling  tools;
Customer  Contact Database hosting; SDK Integration  in  POS
applications; SDK Integration in Call Centre, IVR and  other
directory or CRM applications.

TDMI's  strategic  partner in the United  States  is  Acxiom
(Nasdaq:  ACXM).   Current customer  relationships  include:
Microsoft  -  Integrated  with Office  2000  Small  Business
Edition;  Modern Postcards - over 100,000 inserts  added  to
their  postcard  fulfilment program in  the  current  year;
ShopNow.com  -  Member affinity program; Gazelle  Systems  -
Hospitality marketing partner; United States Postal  Service
(USPS)   -  Shared  content  and  national  seminar  series;
DigitalWork  -OEM  Contract; and eLetter,  and  Hot  Office,
Financial Services Online.

Voyager  has also agreed terms for an option to acquire  the
remaining  issued  share capital of TDMI for  an  additional
consideration   of   US$20  million  (subject   to   certain
performance  criteria  to  be met  by  TDMI  over  the  next
financial  year).   The  option is exercisable  entirely  at
Voyager's discretion and cannot be called upon by TDMI.

Voyager  has  already invested US$500,000 in TDMI  in  March
2000 by way of Convertible Loan Notes.

Following  the failure of a number of high profile business-
to-consumer  ('B2C') internet businesses and the downgrading
of  companies  in that area, Voyager has been reviewing  its
investment  strategy.   The Board has decided  to  liquidate
some  of  its  investments in the B2C area and to  focus  on
investing  in and/or acquiring business-to-business  ('B2B')
IT  and internet companies.  The Board believes there to  be
much   more  opportunity  for  shareholder  growth  in   B2B
businesses  and  is  likely to apply  the  proceeds  of  its
disposals  in B2C interests to this area.  The Company  will
be  announcing  its figures for the year to  30th  September
2000 in the near future and the Directors are confident of a
positive outcome.

As  part  of  their  new  strategy,  subject  to  regulatory
approval,  Voyager  intends  to establish  an  unlisted  ADR
programme  to  enable the Company to be traded  on  the  OTC
market  in the USA.  The Bank of New York has been appointed
a Depository for this facility.


Enquiries:
VoyagerIT.com plc
Stephen Dean                       01480 436 666
Adrian Stecyk                      001 212 509 9500

Boswell City Financial PR Ltd           020 7583 2001
Glenda Boswell           Mobile: [phone]
Rodney Johnson           Mobile: [phone]

Seymour Pierce Ltd                 020 7648 8700
Sarah Wharry
Jeremy Porter