Trading Statement

Amino Technologies PLC
25 October 2006



FOR IMMEDIATE RELEASE                                         25 October 2006



                             AMINO TECHNOLOGIES PLC
                                        
                                  TRADING UPDATE
                             BOARD RE-ORGANISATION
                            PROPOSED SHARE BUY-BACK

Amino Technologies plc ('Amino' or the 'Group'; stock code: AMO), the Cambridge
based broadband network software and systems company, provides an update on
trading for the year to 30 November 2006 and a reorganisation of its Board.
Also, a share buy-back proposal is being considered.

TRADING UPDATE

The results for the year to 30 November 2006 were expected to be biased strongly
towards the second half year when volume shipments of Amino's new MPEG-4 SD
(standard definition) and MPEG-4 HD (high definition) products were scheduled to
begin. Demand for and shipments of the Group's MPEG-2 IPTV set-top boxes have
exceeded expectations. However, industry-wide issues already reported by a
number of other leading participants in the IPTV market relating to the MPEG-4
technologies have delayed the uptake of these products and, in turn, have
delayed Amino's ability to sell and deliver these new products during the latter
part of the current financial year. As a result MPEG-4 product shipments to date
have been restricted to 'trial' volumes.

Amino has received orders for and expects to deliver 410,000 units this year,
30% higher than in the previous year and close to the total number of units
shipped in the previous three years. As the sales mix now excludes the higher
priced MPEG-4 products, the overall average selling price and gross profit per
unit will be lower than expected. Accordingly, the results for the full year are
now expected to be revenues of approximately £25 million (FY2005: £23.5 million)
and a loss before tax in the region of £1.5 million (FY2005: profit of £0.06
million).

Although disappointed by the current position, the Group has established a
market leading position, evidenced by having shipped more than 900,000 IPTV
set-top boxes by the end of the current year since its first volume shipments
began in December 2003. The Group continues to benefit from a strong balance
sheet and cash position.

The introduction and volume deployment of MPEG-4 set-top boxes is dependent upon
the availability, affordability and integration of a completely new set of
technologies including semiconductor chips, conditional access, middleware and
internet browser software. Whilst the Group has launched three new MPEG-4
products in the year, delays in the availability of semiconductor chips and the
the associated chip manufacturer's driver software has had a 'knock-on' effect
on the integration of key IPTV software technologies.

The Group is confident that it will be able to maintain its market leading
position as the market transitions from MPEG-2 into MPEG-4. Independent market
forecasts continue to point to substantial growth for IPTV, albeit generally
later than previously expected, reflecting in part the need for convergence
between the internet capacity required and bandwidth availability for the
delivery of HD IPTV. The directors believe that the MPEG-2 market will continue
to be significant for the foreseeable future. The Group is also well placed to
take a leading role in the emerging Internet TV market.

PROPOSED SHARE BUY-BACK

Amino is investigating obtaining the necessary legal and regulatory approvals to
undertake a share buy-back programme. Should such approval be obtained, a
proposal will be put to shareholders at the forthcoming AGM.

BOARD RE-ORGANISATION

Having become established firmly within the IPTV technology market, the
composition of the Board is being reviewed in order to create a structure to
take the Group into its next phase of development. Grant Masom (non-executive
Chairman), Nick Kuenssberg (non-executive director) and David Gammon
(non-executive director) will leave Amino's Board towards the end of January
2007 or earlier, allowing time for an orderly transition. The Group will use
this period to seek a new non-executive Chairman and a further non-executive
director.

Amino is pleased to announce today the appointment of Mr. Olivier Patrick Hopkes 
as a non-executive Director with immediate effect.

Olivier, aged 34, has broad experience as a corporate financier and as an
investment professional. He is Head of Investments at CLS Holdings Plc ('CLS')
and is an executive director of CLS Capital Partners Limited. In addition,
Olivier serves as a non-executive board member for a number of media and
technology companies in which CLS has invested. Prior to joining CLS, Olivier
was with JPMorgan Investment Banking in London and MeesPierson Corporate Finance
& Capital Markets in Amsterdam.

In addition to the above, Mr. Hopkes is currently a director of Tweedwind (Two)
Limited, Tweedwind (Three) Limited, Tenison Technology EDA Limited, Lunarworks
Holdings AB (Sweden) and Mobilaris AB (Sweden). In the past five years he has
been a director of Keronite International Limited, Keronite plc and Repeatit AB
(Sweden). No further disclosure is required under Paragraph (g) to Schedule Two
of the AIM Rules with respect to Mr. Hopkes.

About Amino

Amino Technologies plc (www.aminocom.com) designs and supplies Electronic
systems, software and consultancy for IPTV (telco triple-play applications),
on-demand video and in-home multimedia distribution delivered through three
operating divisions.

Amino Communications supplies the AmiNET(TM) series of high performance IPTV
set-top boxes and gateways for development in the telecommunications, broadcast
and hospitality markets. Generally, AmiNET products are supplied with the
IntAct(TM) IPTV software stack for customer premises solutions to OEMs enabling
them to supply IPTV set-top boxes and gateways for larger scale deployments and
the hospitality sector.

Amino is partnered with world-leading companies in systems integration,
middleware, conditional access, semi-conductor, head-end systems and browser
technologies.


CONTACTS

Amino Technologies:                                              01954-234100
Grant Masom, Chairman                                        www.aminocom.com
Bob Giddy, Chief Executive
Stuart Darling, Finance Director

Bankside:                                                       020-7367-8888
Steve Liebmann or Simon Bloomfield




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