Disposal

Sopheon PLC
26 June 2003


Embargoed Release: 0700hrs 26 June 2003


SOPHEON PLC

                                  ('Sopheon')



        DEFINITIVE AGREEMENT SIGNED FOR SALE OF US BASED IM BUSINESS

Sopheon plc the international provider of software and services that improve the
financial return from innovation and product development investments, announces
that it has signed a definitive asset purchase agreement to divest its US based
Information Management division, to FIND/SVP Inc of New York, USA ('FIND').

The gross value of the transaction amounts to just over $5 million, including $3
million in immediate cash consideration and a further $0.4 million in potential
earn-outs. FIND will also assume approximately $2.1 million of net current
liabilities and approximately $0.45 million of tangible fixed assets. As part of
the structure of the transaction, FIND will issue $50,000 of its stock to
Sopheon on completion, and shortly thereafter Sopheon will issue $100,000 of
Sopheon ordinary shares to FIND.  Completion of the transaction is contingent
upon the receipt of certain routine consents and the delivery of certain
ancillary agreements and formalities, and is expected to take place prior to 15
July 2003.

To maintain the differentiation that embedded information management support
brings to its Accolade product development system, Sopheon will continue to
provide and market the divested services through an exclusive outsourcing
arrangement with FIND.

Sopheon's Chairman, Barry Mence said:

'We believe that this transaction will provide significant value to our company
and our shareholders, not only by realising additional finance for the
implementation of our strategies, but also by enabling us to focus better on the
exceptional opportunity represented by Accolade, Sopheon's flagship software
solution for product development. In parallel, we continue to make good progress
on the remaining steps of our previously announced plan - the review of our
German operations, the extension of convertible loan notes, and driving further
growth into our software business. We will update our shareholders on theses
initiatives as developments unfold.'

For further information contact:

Barry Mence, Chairman          Sopheon plc                             Tel :   + 44 (0) 1483 883 000

Arif Karimjee, CFO
Adam Reynolds                  Hansard Communications                  Tel :   + 44 (0) 207 245 1100
                                                                               + 44 (0) 7957 203 685
Andrew Tan
Barbara Jansen                 Citigate First Financial                Tel :   + 31 (0) 205 754 010



About Sopheon

Sopheon (LSE:SPE) is an international provider of software tools, experts and
content that help organizations improve the business impact of product
development. Sopheon enables clients to achieve higher, faster return on
innovation and product development investments through technology and
human-based decision support. The company's products and services include its
flagship Accolade(R) product development system and Knowledge Network (formerly
Organik(R)) expertise-sharing software.  Sopheon is listed on the AIM market of
the London Stock Exchange and on the Euronext in the Netherlands.  For more
information, please visit www.sopheon.com.



About FIND/SVP

FIND/SVP, Inc. (OTCBB: FSVP) is a knowledge services company that offers a full
suite of custom business intelligence, advisory, and consulting solutions to
address clients' critical business issues.  FIND/SVP helps executives enhance
their business performance and profit from opportunities through targeted
research and advisory work, providing its nearly 2,000 member clients with a
competitive business advantage.  Founded in 1969, FIND/SVP is the second largest
member of the global SVP Group, which serves more than 75,000 executives in
11,000 companies worldwide. For more information, please visit www.findsvp.com.


                      This information is provided by RNS
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