Sale IM Business Completed

Sopheon PLC 04 July 2003 Embargoed: 0700hrs 4th July 2003 SOPHEON PLC ('Sopheon') SALE OF US BASED IM BUSINESS COMPLETED Sopheon plc the international provider of software and services that improve the financial return from innovation and product development investments, announces that the sale of its US based Information Management division to FIND/SVP Inc, details of which were announced on 26 June 2003, has now completed. As previously announced, pursuant to the completion Sopheon has issued 388,350 ordinary shares of 5p each to FIND/SVP Inc being $100,000 (£59,880) of Sopheon stock as required by the agreement. The shares are expected to be admitted to trading on AIM on 9 July 2003. Sopheon's Chairman, Barry Mence said: 'We are delighted that the transaction has completed ahead of schedule, allowing us to draw a line under this significant milestone. As announced earlier this week, we have also secured agreement from the holders of our convertible loan stock to extend maturity to June 2005, another major step in our plan for financing the implementation of our strategies and increasing focus on the exceptional opportunity represented by Accolade, Sopheon's flagship software solution for product development. We continue to make good progress on the remaining elements of the plan-the review of our German operations, and driving further growth into our software business. We will continue to update shareholders on our progress.' For further information contact: Barry Mence, Sopheon plc Tel : + 44 (0) 1483 883 000 Chairman Arif Karimjee, CFO Adam Reynolds Hansard Communications Tel : + 44 (0) 207 245 1100 Andrew Tan + 44 (0) 7957 203 685 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 The company news service from the London Stock Exchange

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