Divestment of Subsidiary

Sopheon PLC
18 August 2003


Embargoed 0700 hours, 18th August 2003



                                  SOPHEON PLC

                   Divestment of German subsidiary completed


Sopheon plc ('Sopheon'), the international provider of software and services
that improve the financial return from innovation and product development
investments, announces that it has concluded the reorganization of its German
subsidiary.


In line with the previously announced strategy, the software and services
divisions of the German company have been spun-off to form independent, locally
owned units which will continue to promote and support Accolade, Sopheon's
flagship software solution for managing product development. These units retain
a close relationship with the rest of the Sopheon group, underpinning the
indirect channel strategy the board has identified for the German market.


The remaining business of Sopheon GmbH comprises Information Management (IM)
activities, and accordingly the company has been sold for nominal proceeds to
private German investors focused on the IM market, consistent with the sale of
our US based IM business to FIND/SVP of New York. This transaction completed on
15 August. The effect on the completion date of the reorganisation and
divestment, on Sopheon's consolidated net assets, is expected to be neutral.


Sopheon's Chairman, Barry Mence said:

'We remain convinced of the high potential of the German market for our
products, and are excited by the level of commitment and value our new channel
partners are bringing to the promotion of Accolade.'



For further information contact:

Barry Mence, Chairman   Sopheon plc               Tel :   + 44 (0) 1483 883 000
Arif Karimjee, CFO

Adam Reynolds           Hansard Communications    Tel :   + 44 (0) 207 245 1100
Andrew Tan                                                + 44 (0) 7957 203 685

Barbara Jansen          Citigate First            Tel :   + 31 (0) 205 754 010
                        Financial                 


About Sopheon

Sopheon (LSE:SPE) is an international provider of software tools, experts and
content that help organizations improve the business impact of product
development. Sopheon enables clients to achieve higher, faster return on
innovation and product development investments through technology and
human-based decision support. The company's products and services include its
flagship Accolade(R) product development system which incorporates knowledge
network (formerly Organik(R)) expertise-sharing technology, and Monitor software
for compliance management. Sopheon is listed on the AIM market of the London
Stock Exchange and on the Euronext in the Netherlands. For more information,
please visit www.sopheon.com.


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