Comeleon PLC
23 July 2001
EMBARGOED UNTIL : 7.00 am 23 JULY 2001
COMELEON PLC
£0.5 MILLION MICHAEL SCHUMACHER MOBILE PHONE COVER ORDER
AND GLOBAL APPROVAL FROM SIEMENS
The Directors of comeleon plc, the imaging technology company, are pleased to
announce that they have secured their first significant order since joining
AIM in December 2000, and secured global approval from Siemens mobile phones.
The Company has secured a £500,000 order for mobile phone covers featuring the
formula one champion, Michael Schumacher. The order has been placed by Manpus
Mouldings and MNC Tele.com, their exclusive German distributor, for Nokia
phone covers. Delivery of the order, over an 18 month period, starts this
week.
The Directors believe such an order demonstrates the high quality of the
comeleon process and is an early indicator of how positively the market views
the Company's technology.
Since obtaining the full OK license agreement with Nokia for Europe, Middle
East and Africa, comeleon is pleased to confirm that it has now secured
similar status with Siemens globally. comeleon was the first company to gain
full approval by the Siemens mobile phone division. This is an important
milestone in advance of the anticipated launch later this year of a new range
of mobile phones by Siemens.
Production levels have increased with operations increasing from two to three
shifts, in order to meet greater demand.
Roy Stanley, Chief Executive said:
'I am extremely pleased by our progress to date. The Schumacher order is our
biggest so far and shows the increasing potential for our process in the
market place. The recognition of our expertise by Siemens is a very important
vote of confidence. We continue to build a solid platform from which to
achieve our planned growth. I look forward to reporting on further progress in
due course.'
- Ends -
For further information:
Roy Stanley, Chief Executive
comeleon plc 01207 523301
Alex Clarkson
Brewin Dolphin Securities Ltd 0161 214 5547
Lisa Baderoon / Tim Anderson
Buchanan Communications 020 7466 5000
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