Investment in Webscreen Tech.

Interregnum PLC
09 August 2004


9th August 2004

                                INTERREGNUM PLC

                       Investment in Webscreen Technology

Interregnum plc ('Interregnum'), the technology merchant bank, today announces
that it has invested in Webscreen Technology, Inc. ('Webscreen' or 'the
Company'), an IT security company, in return for a minority equity stake. The
total consideration is not disclosed.

Interregnum has invested alongside Mel Morris, a non-executive director of
Interregnum. Mel Morris previously founded uDate, which was sold to USA
Interactive last year, generating an advisory fee of £600,000 for Interregnum.
Other investors have provided additional equity funding, including Saffron Hill
Ventures, which led the Company's initial round of financing and will continue
to serve on its Board.

As part of the agreement, Mel Morris will become Executive Chairman of
Webscreen. Anthony Dunn, former Chief Technology Officer for uDate.com, will
become Chief Executive.

The investment will be used to fund product development and extend Webscreen's
international sales and marketing operations.

Webscreen (www.webscreen-technology.com) is a leading provider of security
solutions that protect large scale web applications from Distributed Denial of
Service Attacks (DDoS) and other Network Integrity threats. The Company's
customers include Channel 4 TV, Comstore and About.com.

In the USA, over $150 million was lost due to denial of service, distributed
denial of service and general network availability problems in 2003 by internet
service providers alone. This is anticipated to grow to circa $245m in 2004.
According to The 2004 Computer Crime and Security Survey conducted by Computer
Security Institute and FBI, the DDoS attacks category emerged as most damaging
in terms of total financial losses, for the first time in five years overtaking
the theft of proprietary information.

Commenting on this investment, Ken Olisa, Chief Executive of Interregnum, said:

'Interregnum's investment in Webscreen reflects our strategy of investing in
high-growth technology companies, particularly in the areas of wireless and
security technology.

'Homeland security has become increasingly important to companies worldwide.
Corporates are actively seeking ways to significantly reduce the cost of attacks
on their websites and IT systems. Webscreen is at the forefront of IT security
applications and is well positioned to benefit from the increasing demand for
such products.'

                                    - Ends -

For further information:

Interregnum                               020 7494 3080
Ken Olisa, CEO

Merlin PR                                 020 7653 6620
Vanessa Maydon
Rebecca Penney



Notes to Editor

• Interregnum plc (www.interregnum.com), the AIM-listed technology
  merchant bank (symbol: ITR), invests and takes principal finance positions
  in technology companies and advises corporates, government, technology
  entrepreneurs, advisors and investors on issues such as corporate finance,
  IP exploitation and commercial due diligence.

• Webscreen Technology Inc (www.webscreen-technology.com) owns Webscreen
  Technology Limited in the UK. Webscreen Technology Inc has developed a
  product that, when deployed at the perimeter of a network, prevents
  downtime, enhances network quality of service, and actively secures the
  network against network-level disruptions (malicious or otherwise) like
  Network Integrity attacks. The product is designed to analyze inbound and
  outbound traffic using its patent-pending heuristic algorithm called CHARM.







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