Acquisition

Volvere PLC
29 March 2006


Acquisition

Volvere PLC
29 March 2006

Volvere plc ('Volvere' or 'the Company', or 'the Group')

Acquisition

Volvere, the turnaround investment company, announces today that it has acquired 
the business and assets of Sira Environmental Certification Ltd. ('Sira Environmental'), 
as well as some of the business and assets of Sira Technology Ltd.(the 'Meerkat' business).

Sira Environmental

Sira Environmental provides monitoring and conformity assessment solutions to the 
environmental monitoring community in the specific areas of water quality and emissions 
monitoring. In addition Sira Environmental operate the MCERTS program for the 
Environment Agency ('EA') - certifying people and products as conforming to certain 
EA technical standards.

This business is complementary to our existing certification business which certifies 
equipment and people that operate in explosive or hazardous environments.

The unit employs six people and is based in Chislehurst, Kent.

Meerkat

This business is developing products for the Police service and the Home Office and 
other defence clients. The principal product, 'Meerkat' is software that takes electronic 
images in any format, and then digitizes and catalogues them. Video streams can 
then be locked together and viewed simultaneously in real time.  The user can make 
comprehensive notes and comments, which are automatically attached to the relevant 
frame on the video and stored in a central database for further interrogation. 
Although this product is under development, prototype versions are already being 
sold to, and used by, certain clients.

The unit being acquired by Volvere employs four people and is based in Chislehurst, Kent.

Terms

The consideration payable for the business and assets of Sira Environmental and 
Meerkat is £30,000 in cash. The fair value of the assets acquired is £80,000.

We expect that the combined businesses will generate turnover of £0.5m and approximately 
break even in the first year of ownership.

Jonathan Lander, Chief Executive of Volvere, said:

'I am very pleased to welcome the new employees to the Group. These acquisitions fit 
well with our existing businesses and offer above-average growth potential at no, or 
minimal, cost.'

For further information, please contact:
Volvere plc                                     [phone]
Jonathan Lander, Chief Executive Officer

Weber Shandwick Square Mile                     [phone]
Terry Garrett / Nick Dibden

About Volvere

Volvere was floated on AIM in December 2002 as an activist investor both in undervalued 
companies and also in companies that offer the possibility of a turnaround. Its executive 
directors are the executives of the venture capital and advisory firm Dawnay Day Lander Ltd. 
Its non-executive directors are Lord Kalms, Neil Ashley and David Buchler.

Website: www.volvere.co.uk





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