Final Results

DAT Group PLC
04 April 2005


Strictly embargoed until: 0702h, 4 April 2005



DAT Group plc ('DAT or 'the Company'),a leading developer and licenser of mobile 
device management software announces maiden results  following admission to AIM

              Preliminary Results for the Year to 31 December 2004

Summary

   •Development of Tabella with Dangaard Telecom to provide the latest in
    mobile e-mail
   •Purchase of Synchronica Software GmbH enhancing the reach and
    capabilities of DMP and accelerating Tabella
   •Successful Placing and Admission to AIM raising £6 million
   •Completion of strategic transition from IT consulting to software
    development, supply and licensing
   •Continued development of the DAT Mobility Platform ('DMP')
   •Substantial growth of the Enterprise Solutions business as interest from
    System Integrators and Value Add Resellers expands


Commenting on the results announcement David Hayes, Chief Executive of DAT Group
said: 'DAT Group has made a good start to life as a publicly traded company. We
have begun to exploit for shareholders the drivers for growth set out in the AIM
Admission document - the software development skills that resulted in the DAT
Mobility Platform (DMP), our intimate knowledge of the mobile device industry
and the expansion in the addressable market for our products.'

He further added, 'Our priorities for the next twelve months are to grow our
existing business while increasing the resources, human and financial, behind
Tabella. We have many opportunities to pursue arising from the heightened
profile of DAT Group and the increasing international reputation of our
products. We believe that we are in good shape for the future - an enhanced
product offering, a growing and dedicated workforce and a strong and
entrepreneurial management team.'



For further information please visit www.datgroup.com or contact:

David Hayes, CEO                     Simon Hudson/Clemmie Carr
DAT Group plc                        Tavistock Communications
Tel: [phone]                Tel: [phone]




                                 DAT Group PLC

              Preliminary Results for the Year to 31 December 2004


Chairman's Statement

Introduction

During 2004 the Company completed the transition that has been in progress over
the last few years, from an IT consulting business to a developer and licenser
of software products targeted at the very fast growing mobile device sector.
This successful change in focus was planned and executed using the contacts and
expertise gained from the former IT consulting activities. The development of
the key components of the new product offering has meant, during this transition
period, deliberately foregoing short term revenues, profitability and cash flow.
In order to demonstrate the suitability and applicability of the proprietary DAT
Mobility Platform (DMP) software product range, the acquisition of key sales
contracts with major players was vital. Significant progress was made during the
year in winning contracts and implementing products for a number of major
customers, particularly in the USA. These contract wins are in an industry that
generally has significant lead times for scoping and agreeing new projects.

In December 2004 the Company raised £6 million from a placing of new shares upon
admission to trading on AIM.

The time and commitment required from the senior management team to achieve the
placing and AIM admission at the end of 2004 and the development of the Tabella
project has resulted in a slower than planned start to 2005. However,
substantial progress has been made since, including now the development of the
Tabella product offering, recently announced as a joint venture with Dangaard
Telecom.

In addition, DAT Group announced today the acquisition of Synchronica Software
GmbH ('Synchronica'). The technology that the Company has acquired through this
acquisition will significantly accelerate the development and reach of the
Tabella offering and broaden the DMP technology platform. In its simplest
version, Tabella (using the recently acquired SyncML technology) will be aimed
at the millions of users of mid range devices who have no way of backing up
their contacts. It will also help DAT to address an even larger market for
active data synchronisation and device management for large mobile phone
operators.


Results

Turnover for the year to 31 December 2004 was £2.4 million (2003: £3.0 million
for the nine months to 31 December). The investment required to develop, market
and support the new DMP products resulted in an increased loss for the year of
£2.0 million (2003: loss of £1.1 million for the nine months to 31 December).
Loss per share was 14.7p (2003: loss of 8.8p for the nine months to 31
December).

Cash balances at 31 December 2004 were £5.5 million.

Given the current stage of the Company's development and its ongoing investment
requirements, the Directors are not recommending a dividend in respect of the
year under review.


Business progress

In February 2005, in a milestone agreement for DAT Group, the Company announced,
subject to contract, a new joint-venture with Dangaard Telecom, Europe's largest
distributor in the telecommunications industry, to develop, market and sell a
new mobile e-mail solution - Tabella. Tabella is specifically designed to meet
the growing market demand for managed mobile messaging, initially using the
Windows Mobile operating system.

DAT set out its plans for growth in the prospectus accompanying the placing and
admission to AIM in December 2004. Foremost among these plans was the continued
development of DMP so that it can manage, and be compatible with, as many
devices and management standards as possible.

To this end, the Company announced today the acquisition of Berlin based
Synchronica, a privately held software business that has developed and owns
proprietary software for the synchronization and management of devices using an
industry standard called SyncML. At the same time DAT has bought out certain
third party rights to Synchronica's software products.


Management

In order for DAT to realise its full potential, the Directors believe that the
Company must recruit new technical people and new business managers, in the
United States in particular. Jesse Grindeland, President of the Americas for DAT
Group is making good progress in turning plans for that region into commercial
reality.


Outlook

Notwithstanding the slower than planned start to the year the pace of activity
has stepped up considerably. DAT Group has developed a coherent product strategy
and has seen the commercial endorsement of its technology through the Tabella
agreement with Dangaard Telecom. The Company has enhanced its operational
capability through the acquisition of Synchronica and this acquisition will
accelerate the market penetration of Tabella following its launch. This will be
DAT's first product that has mass market appeal to end-users and is potentially
very significant for the Group.

The above developments have put the Group in a position to pursue its aim of
becoming an industry leading provider of software for mobile device management.

Finally, the Directors wish to thank the many pre-IPO shareholders for their
loyal support over the last six years, in particular during the early part of
2004 when they provided further capital (approximately £3 million) to fund the
Company whilst certain key contracts were being negotiated.


John Gunn
Chairman



Chief Executive's Review

DAT Group has made a good start to life as a publicly traded company. We have
begun to exploit for shareholders the drivers for growth set out in the AIM
Admission document - the software development skills that resulted in the DAT
Mobility Platform (DMP), our intimate knowledge of the mobile device industry
and the expansion in the addressable market for our products.

In addition, we have identified a new revenue stream from the establishment of a
new e-mail solution joint venture - Tabella, with Dangaard Telecom, that has the
potential to increase DAT Group's future revenues and profits substantially.

The proposed integration of our recent acquisition, Synchronica, will help us
broaden DMP's compatibility across the existing customer range (and bring new
ones) and it will significantly enlarge the addressable device market for
Tabella. Incorporation of this technology into the Tabella offering means a wide
range of non-Windows based converged devices will now also be able to take
advantage of the product. Without this particular acquisition we had planned to
be in the same position sometime toward the end of 2005 or early 2006.


DMP

Significant progress has been made in the development of DAT Group's core
technology to enhance its compatibility with emerging technologies including 3G
devices. Our strategic positioning of DMP as the overall core architecture of
our products enables the easy integration of current and future technology
acquisitions which broaden both reach and depth.

We believe that DMP will soon be in a position to meet substantially all the
requirements of any global operator by offering support for proprietary device
management as well as standards based device management. This will allow DAT to
respond with confidence to the increasing number of device management requests
for tenders that are being released by mobile operators and enterprises. With
the Synchronica acquisition DMP has seen the important addition of support for
OMA DM (Open Mobile Alliance, an industry association), device management and
device synchronisation standards. In addition, DMP will also be able to
accommodate the OMA FOTA (Firmware Over the Air) standard that will enable
over-the-air upgrades of device firmware. DMP will continue to be the foundation
on which all our solutions are designed and built, giving our customers a
consistent long term product roadmap.


Enterprise solutions

DAT's Enterprise business is growing. Demand from companies, professional
service suppliers and organisations for the configuration and management
services we can provide is building. As the device management market is gaining
pace, new market opportunities are appearing. One that is particularly exciting
involves leveraging off existing relationships that System Integrators and Value
Add Resellers (VARs) have with enterprises. System Integraters are interested in
acquiring DAT software to install as their own delivery platforms to provide
device management for their customers as a service. In addition the VAR
community are motivated to include DAT software as a core component in solution
sales to their business customers. Through flexible arrangements with channel
partners, DAT is moving towards being able to address business communities with
a wide range of numbers of devices within their businesses.

The interest from System Integrators and VARs extends to both the USA and UK
markets and a number of key pilot studies are currently being planned.


ROM Builder

The suite of products within DMP known as ROM Builder is a source of increasing
sales to device manufacturers and distributors. Negotiations are in progress to
license a major mobile device distributor to start using ROM Builder for the
configuration of a range of their distributed devices.


Tabella

Tabella was a milestone agreement for us. Three versions of Tabella are in
developments that have been carefully designed to match the requirements of the
consumer, prosumer and small to medium sized businesses.

Tabella makes it easy for users to get the best out of their phones. In its
simplest version Tabella is aimed at the millions of users of mid range devices
who have no way of backing up their contacts. This version uses our recently
acquired SyncML technology to synchronise over-the-air contacts and calendars
items to our servers. In addition it effortlessly sets up the user's phone to
receive email as well. This will be DAT's first product that has mass market
appeal to end-users and is potentially very significant for the Group.

Tabella Mobile Personal Edition and Business Editions incorporate comprehensive
personal information management features and includes leading edge device
control that is essential for business phones. This means that as well as having
email, calendar and contact information, there will also be facilities to manage
individual or groups of devices from a Tabella web portal. This portal will
allow easy setup of email accounts, and incorporate premium rate features such
as to uploading backgrounds or ring tones and has inherent security features
such as the ability to send a signal to lost phones that locks them, preventing
unauthorised use.

The Tabella service combines our device management software with Dangaard
Telecom's highly efficient logistics and distribution capabilities. Dangaard has
a well established supply chain originating from its close relationships with
device manufacturers through to retailers, thus providing Tabella with multiple
channels to market.


Synchronica

Synchronica's SyncML device synchronisation products mean that Tabella will
shortly be able to support all OMA compatible devices as well as those using
Windows Mobile. Based in Berlin, Synchronica's products are already in the
market today. Combined with DAT's existing DMP products, we will be able to
supply the configuration and management systems that manufacturers, distributors
and operators need today. The Synchronica acquisition also brings an OMA
compliant FOTA server capable of performing hardware updates to devices already
deployed in the field with subscribers, allowing those devices to be updated
with essential fixes without being returned to a service centre.

The acquisition of Synchronica is of great significance to DAT and the mobile
device synchronisation and management community. DAT now has an exceptionally
broad and comprehensive reach into device manufacturers, mobile operators and
consumers for push email, device synchronisation, device management, and device
firmware updates, which exceeds our current competitors' offerings.


People

The Company now has representation on both the East and West coasts of America
in addition to its head office in East Sussex and Synchronica's base in Berlin.
The exciting potential being created for DAT Group is a result of the hard work
and enthusiasm of everyone in the Company. All staff can be proud of their
contributions and on behalf of the Board I thank all of them for their efforts.

Prospects

Our priorities for the next twelve months are to grow our existing business
while increasing the resources, human and financial, behind Tabella. We have
many opportunities to pursue arising from the heightened profile of DAT Group
and the increasing international reputation of our products. We have a business
model - product based license revenues, sales and royalties - that we believe
will deliver value to shareholders over the medium term. We plan to add further
upside to the Company through the periodic acquisition of small, cutting edge
businesses in complementary markets, which have been carefully identified. We
believe that we are in good shape for the future - an enhanced product offering,
a growing and dedicated workforce and a strong and entrepreneurial management
team.


David Hayes
Chief Executive



DAT Group plc

Summarised Consolidated Profit and Loss Account for the year ended 31 December
2004

                                             Note          Year   Nine months
                                                          ended         ended
                                                    31 Dec 2004   31 Dec 2003
                                                         £ '000        £ '000
Group turnover                                            2,424         2,962
                                                        -----------------------
Total operating loss                                     (2,271)       (1,067)
Net interest payable                                       (105)          (78)
                                                        -----------------------
Loss on ordinary activities before taxation              (2,376)       (1,145)
Tax on loss on ordinary activities              1           406             -
                                                        -----------------------
Loss for the year                                        (1,970)       (1,145)
                                                        =======================
Basic and diluted loss per ordinary share       2         (14.7)p        (8.8)p
                                                        =======================
Dividends per share                                           -             -
                                                        =======================


Summarised Consolidated Balance Sheet at 31 December 2004

                                                           2004          2003
                                                         £ '000        £ '000
Fixed assets
Tangible assets                                             108            80
                                                         ----------------------
Current assets
Stocks and work in progress                                  29            56
Debtors                                                     663           916
Cash at bank and in hand                                  5,512            42
                                                         ----------------------
                                                          6,204         1,014
Creditors: Amounts falling due within one year           (1,203)       (2,044)
                                                         ----------------------
Net current assets/(liabilities)                          5,001        (1,030)
                                                         ----------------------
Total assets less current liabilities                     5,109          (950)
Creditors: Amounts falling due after more than one year     (16)          (82)
                                                         ----------------------
                                                          5,093        (1,032)
                                                         ======================
Capital and reserves                                      5,093        (1,032)
                                                         ======================


Summarised Consolidated Cash Flow Statement for the year ended 31 December 2004

                                                           Year   Nine months
                                                          ended         ended
                                                    31 Dec 2004   31 Dec 2003
                                                         £ '000        £ '000
Net cash outflow from operating activities               (1,726)         (708)
                                                         ----------------------
Returns on investments and servicing of finance            (119)          (78)
UK corporation tax received                                 410             -
Capital expenditure and financial investment                (41)           (7)
                                                         ----------------------
Cash flow before financing                               (1,476)         (793)
Financing                                                 6,970         1,195
                                                         ----------------------
Increase in cash                                          5,494           402
                                                         ======================



DAT Group plc

Notes to the Preliminary Statement

1. Taxation
 
                                                      12 Months      9 Months
                                                        to 31st       to 31st
                                                        Dec '04       Dec '03
                                                          £'000         £'000
Current taxation
Overseas Corporation tax                                     (4)            -
Research and development tax credit                         410             -
                                                        -----------------------
Current taxation                                            406             -
                                                        =======================


2. Loss per share
The loss per ordinary share has been calculated based on the weighted average
number of ordinary shares in issue during the year.

                                                      12 Months      9 Months
                                                        to 31st       to 31st
                                                        Dec '04       Dec '03
Loss for the financial period                       £(1,970,000)  £(1,145,000)
                                                  =============================
Weighted average number of ordinary shares           13,375,672    12,997,562
                                                  =============================
Basic and diluted loss per ordinary share                 (14.7)p        (8.8)p
                                                  =============================


3. Preliminary statement

This preliminary statement was approved by the Board on 1 April 2005. It is not
the company's statutory accounts. The statutory accounts for the year ended 31
December 2004 have been delivered to the Registrar of Companies and received an
audit report which was unqualified and did not contain statements under s237(2)
or (3) of the Companies Act 1985.





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