Issue of Equity

Immersion Technologies Intl PLC
30 April 2008



30 April 2008


                    Immersion Technologies International plc
                  ('Immersion Technologies' or the 'Company')

                              Issue of Securities


Immersion Technologies International plc (AIM: ITI) announces that the Board has
today granted a total of 17,550,000 options to directors, former directors, key
employees and consultants of the Company.

The 17,550,000 options have an exercise price of 1.54 pence, have a vesting
period of 12 months and are exercisable on or before 30 April 2018 (the 'New
Options').

Of the 17,550,000 New Options, the following New Options have been granted to
directors of the Company:

David Lenigas                        2,500,000
Vincent Fodera                       2,500,000
Sandy Barblett                       1,250,000
Kiran Mozaria                          750,000
Total                                7,000,000


As a result of the grant of the New Options, the existing 12,750,000 options in
issue with an exercise price of 12.5 pence (the 'Existing Options'), which are
held by directors, former directors and employees of the Company, have been
cancelled.

The Board decided to replace the Existing Options for the New Options as a
result of the absence of incentive value at the old exercise price.

In addition, the Board has agreed to issue 649,350 new ordinary shares to
Vincent Fodera and a further 974,025 new ordinary shares to former directors.
The reason for this new share issue is in lieu of cash payments otherwise owed
to these parties.

These new ordinary shares have an issue price of 1.54 pence, being the Company's
volume weighted average share price over the last 30 days and rank parri passu
with the Company's existing ordinary shares of 0.7p each in issue.  Immersion
Technologies has made application for admission to trading on AIM of the
1,623,375 new ordinary shares and trading in the new ordinary shares is expected
to commence on 6 May 2008.

Following the issue of new ordinary shares and New Options, the directors of
Immersion Technologies hold the following:


Director                     Number of   Percentage of       Number of Vesting date     Exercise  Expiry date
                       Ordinary Shares  issued capital         Options                     price
David Lenigas                        -               -       2,500,000     1/5/2009        1.54p    30/4/2018
Vincent Fodera               2,787,384           1.22%       2,500,000     1/5/2009        1.54p    30/4/2018
Sandy Barblett                 600,000           0.26%       1,250,000     1/5/2009        1.54p    30/4/2018
Kiran Mozaria                  711,428           0.31%         750,000     1/5/2009        1.54p    30/4/2018



As a result of the issue of New Options and the cancellation of 12,750,000
Existing Options, the total number of options on issue by the Company is as
follows (which includes the New Options issued to directors, as set out in the
above table):


Number of options                             Vesting date        Exercise price           Expiry date
17,550,000                                        1/5/2009                 1.54p             30/4/2018



In accordance with the FSA's Disclosure and Transparency Rules, Immersion
Technologies would like to notify the market of the following:


-  As a result of the allotment of 1,623,375 new ordinary shares, the
   Company's share capital consists of 228,224,634 ordinary shares with voting
   rights. The Company holds no shares in treasury.

-  Therefore, the total number of voting rights in the Company is 228,224,634.


The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in the Company under the FSA's
Disclosure and Transparency Rules.


                                     -End-



For further enquiries:

Immersion Technologies International plc
  Vincent Fodera                                                        Tel: [phone]

Pelham Public Relations
  Archie Berens                                                         Tel: [phone] /
                                                                             [phone]

St. Helens Capital - Nominated Broker
  Ruari McGirr / Sebastian Wykeham                                      Tel: [phone]

Nabarro Wells & Co. Limited - Nominated Adviser
  Hugh Oram                                                             Tel: [phone]





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