16 July 2010 – possible offer

Although the company has recommended a 141p cash offer from the Indian company IMImobile Europe, another party has entered the fray suggesting a possible offer at 150p or more.  However, with considerable uncertainties attached to the latest approach, which is only a possible and not an actual offer, the board continue to recommend the original approach.  However, it seems that investors in the company have little to lose by AWAITING DEVELOPMENTS.