Year-end trading update

Amino Technologies PLC
28 November 2005




FOR IMMEDIATE RELEASE                                        28 November 2005


                             AMINO TECHNOLOGIES PLC
                                        
                            YEAR END TRADING UPDATE


Amino Technologies plc ('Amino'; stock code : AMO), the Cambridge based
broadband network software and systems company, presents an update on trading
for the year ending 30 November 2005.

The Board is pleased with the strong progress being made. At the time of the
half year results announcement in July 2005, we stated clearly that the results
for the current year would be biased heavily towards the end of the year and
noted the relative immaturity of the IPTV market with the associated challenges
in terms of forecasting.

Revenues for the year to 30 November 2005 are expected to be around £24m (£13.8m
for the period ended 30 November 2004), with unit shipments of around 315,000
units (174,000 for the year to 30 November 2004). Accordingly, revenue in H2,
2005 is expected to be double that for H1, 2005 and more than the total revenue
for the previous year. Profit before tax for the year is expected to be in a
range of £1.0m to £1.5m, having reported a loss of £0.9m for H1, 2005 and a
pre-tax profit of £0.3m for 2004. During H2, new order intake has been running
at an annualised rate of £38m, enabling Amino to start the new financial year
with a healthy backlog. Unit pricing and margins continue to be robust and in
line with our expectations. Net cash at the year end is expected to be £14m.

Our licensing business model is beginning to gain traction. In a separate
statement today, we have announced a major licensing contract with AS Intercom
Ltd. for the manufacture and distribution of Amino IPTV set top boxes within the
Russian Federation, Kazakhstan and the Ukraine. The contract for this licensing
deal has been signed and, on the current assumptions for revenue recognition for
2005 and 2006, will contribute significantly to the expected results for 2005.
Other potential licensing negotiations are progressing well.

Amino's key business metrics are maintaining a strong upwards momentum. As at 31
October 2005, 55 customers have taken over 1,000 units (35 at the half year), of
which 14 have taken over 10,000 units (11 at the half year); and a further 124
customers are in system trials or small-scale roll-out phase (98 at the half
year). These and other customer adoption metrics show a three-fold improvement
over the past 12 months. The customer base is spread across all geographies,
ranging in size from regional operators ('Tier 2 and 3') to large national
telcos ('Tier 1'). In the short term, and as previously indicated, the costs of
supporting this broader customer base has had a downward effect on near-term
profits. The Board believes that this investment will be fully validated both by
the growth potential represented by our many and geographically diverse sales
opportunities and by the risk-diversification that this spread provides.

We note that many well known market participants have reported delays in their
IPTV developments. While highlighting these effects on our own business in
previous announcements, the benefits of Amino's IntActTM software technology and
our commitment to customer support have helped our many customers to negotiate
these challenges successfully. Against this background, we are pleased to be
able to report strong growth at such an early stage in market evolution.

Over the past 3 years, Amino has established itself as a market leader in the
growing IPTV market. In H2, 2005, Amino has:

   • been named top worldwide supplier of IP set-top boxes by US technology
     analyst organisation, ABI research;

   • begun shipments of the AmiNET 124, the world's first single chip MPEG-4
     (H.264) IPTV set-top box;

   • been selected for the first High Definition IPTV deployment in the US;
     and

   • expanded our key supplier agreements by adding a further 3 major tier 1
     Systems Integrators: Lucent, Nortel and Unisys.


We note an increased level of M&A activity within the IPTV sector and are
encouraged by the support this gives to predictions of substantial market growth
and opportunity. Given our market positioning, and strong customer and partner
relationships, we see such developments as representing positive opportunities
for Amino.

Looking forward, the market continues to show strong growth throughout the world
- but with the unpredictability which is characteristic of an early stage
market. We continue to be confident of sustaining the growth in revenue and
shipments seen in our business over the past three years. Amino believes that
the interests of both shareholders and the Group will be served best by ensuring
that investment in new products, technologies, commercial partner relationships
and customer trials should be sustained at the level required to consolidate its
positioning and market leadership. Whilst this investment may reduce near-term
profitability, Amino is well placed to benefit from the many opportunities as
the market matures.


About Amino

Amino (www.aminocom.com) is a designer and supplier of electronic systems,
software and consultancy, specialising in applications for on-demand video, IPTV
(telco triple-play applications) and in-home multimedia distribution. Amino's
IntActTM client-side system software provides users with the twin benefits of
low cost deployment and rapid time-to-market. The key to these benefits is a
software stack with a wide selection of pre-integrated third-party components.

Amino's own range of small, low cost, high functionality set-top boxes and
gateways incorporating its IntActTM software is designed for consumer
applications in telecommunications and broadcast markets, as well as on-demand
systems for hotels and hospitality markets, healthcare, retail and education.
Amino also provides systems consultancy and partners with world-leading
companies in content aggregation, middleware, conditional access and head-end
systems.



CONTACTS

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

Bankside:
Steve Liebmann or Susan Scott                    020-7367-8883 or 07802-888159





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