AGM Statement

Vislink PLC
31 May 2002


31 May 2002

Vislink plc

Annual General Meeting Statement


Vislink plc ('the Group'), the leading global designer and manufacturer of
microwave transmission equipment for broadcast quality TV and high technology
CCTV systems, held its Annual General Meeting today.

At the AGM, the key points from the update given by the Chief Executive Ian
Scott-Gall to the shareholders present at the meeting were:-


  • The Group has continued to make good progress this year with an order
    intake for the four months to April 2002 of £28.77 million, an increase of
    20.9 per cent. over the first four months of last year (2001 - £23.79
    million).

  • Our US based broadcast division business MRC, has had a good start to the
    year with both orders received and trading ahead of the four months to April
    2001. The US market continues to benefit from the FCC mandated digital roll
    out and MRC is continuing to win significant orders for microwave link
    systems for TV stations. In addition there is increasing interest in our
    digital microwave systems for US broadcasters and mobile public safety
    systems.

  • The UK based Broadcast division businesses are working to complete over
    the next two months, the shipment of the two large UN sponsored contracts
    received late last year. Although the market for microwave TV broadcast
    systems has remained slow in the UK and European markets, the demand from
    customers in both the USA and the UK for satellite communications systems
    has strengthened significantly since last year. This recent growth in orders
    will benefit the second half of this year.

  • Hernis, our Norwegian based video division specialist CCTV systems
    business, has continued to build on its strengths and is trading ahead of
    last year.


In summary,


  • With the strong build up of orders, the Board expects the trend of this
    year's trading to be a first half similar to last year followed by a
    stronger second half.

  • The Board remains confident that the Group's prospects for the year ahead
    are encouraging.


ENDS


For further information on Friday 31 May 2002, please contact:


Ian Scott-Gall                                                    01488 685500

Chief Executive, Vislink plc


James Trumper                                                     01488 685500

Group Finance Director, Vislink plc


Andrew Edwards/Stephen Anstee                                     020 7597 5970

Investec Investment Banking



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