Contract Win & Trading Update

Timestrip PLC
13 August 2007



                    Timestrip plc (the 'Company') (AIM: TIME)
                                        
                  Significant Contract Win and Trading Update
                                        
    The Company is a developer and manufacturer of unique label technologies.

The Company is delighted to announce that it has signed a three year rolling
contract to supply the unique Timestrip technology to one of North America's
leading consumer product companies.

The deal, estimated to be worth a minimum of US$3million in revenues to the
Company over the first three years, involves the integration of the Timestrip
into a market leading product that is currently used in millions of homes across
the world. However, it is currently subject to confidentiality restrictions
relating to the details of the product and the identity of the customer.

This revenue estimate is based only on sales in North America, but the
opportunity exists for significant additional revenues in the event that the
technology is adopted by the customer on identical products that they currently
sell worldwide.

This contract, which was referred to in the Company's recent preliminary
results, is the first of several significant deals which are expected to be
signed during the course of 2007.

Sales cycles across large global multinationals are lengthy and it now seems
likely that the timing of these deals is such that they are not likely to
contribute materially to revenues in 2007. Accordingly, whilst the Company
expects the revenue for the year to be above those of 2006, it now expects them
to be lower than current market expectations for 2007. However, the deals
involve the integration of technology into established products lines and will
therefore have a recurring revenue impact into the longer term.

The Company is pleased to report that it is experiencing unprecedented levels of
new enquiries especially across the food and pharmaceutical sectors, which in
turn is generating a strong sales pipeline.

Interim results are expected towards the end of September at which time
Shareholders will be provided with an update on the Company's continued
progress.


Enquiries:

Paul Freedman/Reuben Isbitsky, Joint CEOs, Timestrip plc     01462 440 700

Shane Dolan, Biddicks                                        020 7448 1000

Fergus Marcroft, Evolution Securities                        020 7071 4300



                      This information is provided by RNS
            The company news service from the London Stock Exchange