Collaboration Agreement

Jetcam International Holdings Ld
22 March 2002

                                                           For Immediate Release

                                                                 22nd March 2002


Radan Computational Limited ('Radan') and JETCAM International Holdings Limited
('JETCAM') announce far reaching collaboration in the UK and elsewhere


Radan, a UK based software developer and provider of CADCAM solutions for the
sheet metal industry and JETCAM, whose shares are dealt on the Alternative
Investment Market of the London Stock Exchange and which is a provider of
similar solutions, announce that they have entered into an agreement for
wide-reaching collaboration.

An immediate consequence of this collaboration is that Radan will take over full
responsibility for selling and supporting JETCAM products in the UK, side by
side with its existing product range.

Radan will also provide the Camtek Pentacut 5-axis and TubeCut laser software
products and eventually extend its sale and support of all the products into the
USA and potentially other geographical markets.

This arrangement will enhance the prospects for a profitable future in the UK
market, although, due to transitional costs, the full benefits will only be
achieved in the next financial year.

'We have, since 1976, been a leading supplier of fabrication solutions in the
UK' said Tony Billett, Managing Director of Radan, 'Our fully integrated CAD and
CAM systems are unique in the industry. However, we recognize that many users
look for a more modular approach to meeting their needs and wish to have the
choice of a variety of systems solutions. We already supply Radan, Inventor and
Solid Works CAD systems in such situations and being able to offer the choice of
JETCAM Expert to meet NC programming requirement in addition to existing Radan
products is a logical extension of our solutions philosophy. JETCAM has built a
significant UK customer base and we shall look to build on this rapidly through
Radan's larger UK sales and support network, allowing us to offer customers the
best range of products available in the industry'.

Ivan Stern, CEO of JETCAM said, 'Traditionally JETCAM has been a technology
provider through third parties with detailed local market knowledge and machine
tool manufacturers and providers to sell and support its products. It is
appropriate therefore, that the UK should once again revert to this status and
we could not have a partner better than Radan for this.  Radan is the largest
developer and supplier of CADCAM systems for the sheet metal niche market
world-wide and we are looking forward also to extending the partnership to
collaborate with Radan in many areas, a long overdue move for two key providers
in what is a very fragmented industry.'



For further information contact:

Tony Billet, MD, Radan Computational Ltd        Tel: [phone]

John Wright, Business Development Director      Tel: [phone]


Radan Computational Limited was established in the UK in 1976 in order to
develop and support CADCAM systems for engineering companies manufacturing a
significant proportion of their product using sheet metal and NC machine tools.
With a current annual turnover of over $10,000,000 the company has sales outlets
in many parts of the world, through wholly or partly owned companies or
distributors.

JETCAM International Holdings Limited, with its two divisions, JETCAM
International and CAMTEK, provides advanced CADCAM software solutions to the
Engineering industry. Products are sold under the trademarks of JETCAM Expert
and PEPS and cover all aspects of Sheet Metal Fabrication, Mill/Turn and Wire
Erosion applications. With an extensive sales network, the company has over
15,000 Software licenses installed in more than 60 countries. JETCAM
International Holdings Limited is quoted on the Alternative Investment Market
(AIM) of The London Stock Exchange under the symbol JTC.


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