Launch of US Ventures

Angle PLC 18 January 2005 For Immediate Release 18 January 2005 ANGLE plc Launch of US Ventures and Appointment of Managing Director ANGLE plc is pleased to announce the launch of its US Ventures business, building on the success of the Consulting and Management business in the United States. US Ventures will be headed by industry veteran Robert Kornblum, who has been appointed as Managing Director with immediate effect. Kornblum will lead the Ventures team in the United States, based out of the company's Tyson's Corner, Virginia office. He will focus on building successful companies by identifying and commercialising university and corporate intellectual property. Robert Kornblum has over 10 years of strategy and finance experience building and advising early-stage technology companies. He previously held senior business development and strategy roles at Manugistics Group, Inc. (NASDAQ: MANU), a large Maryland-based enterprise software company. Before joining Manugistics, he was a Principal at Austin Ventures, one of the largest technology venture capital firms in the US where he led investments in early-stage software and services companies. Robert Kornblum also has experience with Robertson, Stephens & Company in San Francisco and Tribune Ventures in Chicago. He was awarded a Kauffman Fellowship from the Kauffman Foundation, holds an MBA from the Kellogg School of Management (Northwestern University), and a BA from Dartmouth College. Commenting on the appointment, Gary Evans, ANGLE's Chief Executive of US operations said: 'We are delighted with Rob's appointment. His combination of venture capital and operating experience, and a very strong VC network, make him the ideal person to drive our Venture expansion in the US.' Robert Kornblum added: 'I am extremely excited about the opportunity for ANGLE Technology Ventures and the space in which we play. There is quite a gap between lab research and a company that most VCs will fund. ANGLE Technology Ventures will fill that gap.' Enquiries: ANGLE plc 01483 295830 Andrew Newland, Chief Executive Dawson Buck, Deputy Chief Executive Buchanan Communications 020 7466 5000 Richard Darby, Suzanne Brocks Notes to Editors Founded in 1994, ANGLE is an international venture management and consulting company focusing on the commercialisation of technology and the development of technology-based industry. ANGLE creates, develops and advises technology businesses on its own behalf and for its clients. ANGLE is listed on AIM (AGL.L); further information can be found on www.ANGLEplc.com This information is provided by RNS The company news service from the London Stock Exchange