Re New Technology Incubator

Brainspark PLC
13 September 2000


                    BRAINSPARK PLC ANNOUNCES ITS INTENTION                    
                      TO SET UP NEW TECHNOLOGY INCUBATOR                     

Brainspark plc, the incubator business focused on germinating and
developing Internet-related and technology businesses today announced
that it will establish a second Incubator in Cambridge, dedicated to
creating and growing technology companies focused on internet and
mobile phone applications and infrastructure. Key elements of this
Incubator will be strong investor partnerships to share in the set-up
costs, attract a good flow of investment opportunities and provide
for subsequent funding rounds Discussions are already well advanced
with several candidates. Additionally agreement in principle has
already been reached with more than one property partner on the right
facilities to attract high technology and growth businesses.

Recruitment is underway to build up the Brainspark team to be based
in Cambridge, which will comprise a small group of the very best from
the research and business communities.

Stewart Dodd, Brainspark's CEO stated:

'In less than one year in our first Incubator, located in
Clerkenwell, London, we have kick-started 16 businesses whose primary
focus is on e-commerce applications of internet and mobile
technology. We now intend to build on this success and create similar
growth in the enabling technologies themselves. Cambridge is becoming
a real centre for creation of high technology companies and we expect
to attract ideas from right across the UK and possibly further
afield.


Enquiries:

Brainspark               (020 7843 6600)
Stewart Dodd
David Hart

Citigate Dewe Rogerson   (020 7638 9571)
Martin Jackson
Charles Vivian