Re Partnership Agreement

Comeleon PLC 10 April 2002 FOR IMMEDIATE RELEASE 10TH APRIL 2002 COMELEON PLC ('comeleon') PHILIPS UNVEILED AS PARTNER -entry into electronic goods market place- comeleon plc, the imaging company, announced on 14th February 2002 its first substantial order as a component supplier to a global consumer goods company. At that time for commercial reasons, the customer had requested anonymity until the product's launch. comeleon is therefore delighted to now be able to disclose that Philips DAP B.V Drachten, Philips Domestic Appliances and Personal Care, 'Philips' as its first global consumer goods partner. The terms and conditions comeleon has signed a twelve-month exclusive agreement with Philips as its ' imaging partner' on men's electric shavers. The agreement provides a guaranteed minimun order estimated to be worth I420,000. It is forecast that Philips will have pre-sold substantially more than this prior to launching the product this month. Roy Stanley, Chief Executive, comeleon, said: ' Philips are undoubtedly one of the biggest names in the industry. It is therefore testament to the superior quality of our process for imaging plastic components, that they have chosen comeleon as its partner for this new and exciting range. This is undoubtedly a significant development for comeleon in as much as it has gives us entry into the lucrative electronics goods market place and importantly illustrates the substantial market opportunities available to comeleon. Contacts: Roy Stanley, Chief Executive Officer Tim Robinson, Finance Director Comeleon plc Tel No: 01207 693301 www.comeleon-ir.co.uk Tim Anderson/Lisa Baderoon Buchanan Communications Limited Tel No: 020 7466 5000 www.buchanan.uk.com This information is provided by RNS The company news service from the London Stock Exchange
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