Fidelity Systems PLC

Trading Statement & New Appointments


Fidelity Systems PLC                                      24th January 2008

                      Trading Statement & New Appointments

Since our last trading statement I am pleased to be able to announce three
further University EPoS (electronic point of sale) installations valued at
around GBP40,000 which took place over the Christmas period. These were at the
Universities of Nottingham, Lincoln and Coventry. The Coventry site in
particular broke new ground for us following the installation of fingerprint
recognition readers for the staff to log on to the EPoS touch screens. All
three installs where completed on time for the start of the spring semester.

To start the New Year I am also pleased to be able to announce a new contract
worth in excess of GBP100,000 to supply a chain of 54 South Yorkshire pharmacy
stores with new EPoS hardware and software. The client currently uses
Fidelity's back office EPoS software and this latest contract is for PC based
touch screens running Fidelity's G-PoS software. The roll out has already begun
and the contract is due to be finished by the end of February. Running
alongside this is a contract to supply another pharmacy chain with the same
system. The second client, based in the West Midlands currently has 24 stores
of which around ten have so far had the Fidelity system installed. Since its
launch in 2006, over two thousand copies of our G-PoS software have been sold
worldwide for use with retail and hospitality EPoS touch screens.

NEW MANAGING DIRECTOR APPOINTED FOR NORTHAMPTON SUBSIDIARY

I am pleased to announce the appointment of Warren Ferguson as the new Managing
Director of ACRFidelity, our Northampton based subsidiary. This will take
effect from 1st February 2008 following the retirement of Allan Baxter, the
current Managing Director. Warren has been in the EPoS industry for over ten
years and brings with him a wealth of experience in our vertical market. I
should like to take this opportunity to thank Allan Baxter for his hard work
and effort during his time as MD and wish him well with his retirement.

NATIONAL UNIVERSITY ACCOUNT MANAGER APPOINTED

Fidelity currently supply and support over fifty universities with our various
hardware and software products and are currently striving to increase this
number. I am pleased therefore to announce the appointment of Barry Halstead
into the newly created roll of National University Account Manager. Barry
brings to Fidelity many years of University experience due to his previous
position as Commercial Services Manager at Leeds Metropolitan University.
Supervising both the retail and hospitality operations at Leeds Met, Barry has
extensive working knowledge of Fidelity's software plus many personal contacts
with other Universities.

CHANGE OF AUDITORS

In line with company policy we have changed auditors after five years from
Smailes Goldie Chartered Accountants to Sadofsky's Chartered Accountants. I
should like to thank Smailes Goldie for their assistance and professionalism
over this period.

CHANGE OF COMPANY SECRETARY

Chris Burton, our company secretary since the start has regrettably decided to
leave the legal profession and has resigned as company secretary of Fidelity
Systems plc. Chris has been invaluable to us over the years and will be sadly
missed. We have appointed Paul Plaxton, also of Gosschalks Solicitors to be our
new Company Secretary. We wish Chris the very best of luck for the future and
welcome Paul to his new role.

NEW PRODUCTS UNDER DEVELOPMENT

The majority of Fidelity's software is aimed at the retail, hospitality and
leisure centre markets. We are currently working on another product aimed at a
wider market based on RFID technology (Radio Frequency Identification). This
has not been a speculative exercise as we have been led by existing client
requests and have many potential orders waiting. I look forward to bringing
further news within the next few months.

The Directors of Fidelity Systems PLC accept responsibility for this
announcement.