Acquisitions

IFX Power PLC
25 June 2001


                        IFX Power plc
                   ('IFX' or the 'Group')


  IFX Power plc acquires the business and certain assets of
       Powerspec Electronics, Inc. for US $3.5 million


IFX  today  announces that it has acquired the business  and
certain assets of Powerspec Electronics, Inc. ('Powerspec'),
a  private US company, for a total consideration of US  $3.5
million (approximately £2.5 million).

Powerspec is based in Northern California and provides value
added  power  supply solutions to the electronics  industry.
Value  added  power solutions are modified standard  devices
that  can  be  more  easily integrated into  the  customer's
system.     Modifications  can  involve   providing   wiring
harnesses,   thermal  management,  custom   enclosures   and
ensuring  Electro  Magnetic Compatibility.   This  aids  the
design-in  process  saving the customer time  and  therefore
money.  Powerspec operates in the mid-tier of the market.

The  acquired  business and assets will be  integrated  into
ForeSight  Electronics, Inc., a wholly owned  subsidiary  of
IFX.

The  total  consideration for the  acquisition  is  US  $3.5
million  (approximately  £2.5  million)  in  cash.   IFX  is
acquiring  Powerspec's  stock, capital  equipment,  customer
base,  and order backlog, taking on their key employees  and
rights  to  use the Powerspec name.  For the year  ended  31
March  2000, Powerspec had unaudited operating profit of  US
$0.7   million  (approximately  £0.5  million).  The  assets
acquired are expected to have fair value of approximately US
$0.9 million (approximately £0.6 million).

The  Directors of IFX believe that the key reasons  for  and
benefits of the acquisition are:

* Further   penetration  of  the   important   northern
  Californian market;
* Enhancement  of  the value added side  of  ForeSight's
  business; and
* Increased  critical  mass  to  improve  leverage  with
  suppliers.

Chairman Ed Kramar commented 'Today's acquisition is another
step for us in building the leading position in the mid-tier
of  the  power  supplies  market.  Powerspec's  value  added
business will fit neatly into the ForeSight organisation and
gives  us  further  critical mass in the important  Northern
California market'.

IFX also announces today that, on 21 June 2001, it completed
the  acquisition of the entire issued share capital of  Knud
Kamuk  ApS  ('Knud Kamuk') for cash consideration of  Danish
Krone  5.6  million  (approximately £460,000).   Knud  Kamuk
distributes power supply products throughout Denmark and had
revenues  of  Danish Krone 13.4 million (approximately  £1.1
million)  and operating profit of Danish Krone  1.0  million
(approximately  £80,000) for the year ended  30  June  2000.
The  net assets acquired are expected to have fair value  of
approximately   Danish  Krone  3.5  million   (approximately
£290,000).  The Directors believe that this acquisition,  in
conjunction with the Group's newly opened sales  offices  in
Norway  and  Sweden, will give the Group  good  presence  to
cover the Nordic market.


Enquiries:

IFX Power plc                                0118 976 5087
                                          www.ifxpower.com
Larry Tracey, Chief Executive Officer
James Peters, European Managing Director
Duncan Penny, Finance Director

Square  Mile BSMG Worldwide                  020 7601 1000
Kevin Smith or Sally Lewis

Notes to Editors:

IFX  Power  plc  provides  power  supply  solutions  to  the
electronics industry and operates predominantly  within  the
high  technology sector of the market.  IFX's power supplies
regulate   and  distribute  electrical  power  for   various
subsystems  and components within electronic equipment.  IFX
Power  was formed by the combination of International  Power
Sources,  Inc., ForeSight Electronics, Inc. and XP  PLC,  in
July 2000.  IFX subsequently floated on the Official List of
the UK Listing Authority in July 2000.