Major Orders

Comeleon PLC 03 September 2002 For Immediate Release 3 September 2002 COMELEON PLC ('the Company') MAJOR ORDERS - £1 MILLION INCLUDING FIRST FOR 3D IMAGE BOX comeleon plc, the imaging technology company, announces that it has won contracts worth £1 million from Listawood Limited ('the Listawood Contract'), the largest manufacturer of mouse mats in the UK, serving the corporate gift market across Europe. The contracts include the first distribution licence for comeleon's 3D ImageBox under a 12 month exclusive agreement and an 18 month agreement to supply imaged corporate mice in the UK and Europe. In June, comeleon raised £4.2 million to fund the completion of the development of the Image Box, support its commercialisation and to finance other business opportunities. Less than three months later, Listawood has bought the first machines for distribution across Europe. Installed in shops, individuals will be able to have computer mice customised with images of their choice in just a few minutes. Additionally, Listawood has ordered computer mice to be imaged at comeleon in Newcastle for the corporate gift market. As part of the contract, Listawood has acquired the exclusive license to supply the corporate gifts market with comeleon imaged mice in Europe. In the last quarter, the changeover of several major mobile phone models, which extends the range of products that is available to the company's activity of facia decoration, has affected the usual product cycle, leading to reduced orders for obsolete fascia types, and a more restricted supply of components for new models. Management now expects that sales for the full year will be in excess of £4m, excluding any benefit in the current year from the Listawood Contract. During this period the Group carefully managed both cash and costs to ensure that management are confident of achieving market expectations for the loss for the year and that the company will have both cash and significant headroom at the year end to continue to grow the business rapidly. Roy Stanley, Chief Executive, comeleon, said: '£1 million customers are always very welcome. In this case, Listawood is also kick-starting the launch of the 3D Image Box, a product which we believe has enormous potential to become a part of the high street like chocolate machines, photo booths and cash machines.' Contacts: Roy Stanley, Chief Executive Officer Tel No: 01207 523 333 Tim Robinson, Finance Director comeleon plc www.comeleon-ir.co.uk Tim Anderson Lisa Baderoon Tel No: 0207 466 5000 Buchanan Communications Limited www.buchanan.uk.com This information is provided by RNS The company news service from the London Stock Exchange
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