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  Press Release

NEOPRODUCTS ACQUIRES UK KIOSK COMPANY LGC ASSOCIATES

Leading kiosk manufacturer, NeoProducts has announced this week it has acquired one of the UK's longest established kiosk developers, LGC Associates, for an undisclosed sum. LGC, established since 1985, pioneered the kiosk market in the UK and across Europe providing custom design and standard products for public access solutions to many sectors including retailers, governments and businesses. It has provided diverse kiosk solutions in many markets including ticketing, travel, healthcare, training, POS and POI (point of sale and point of information), etc. The acquisition includes all staff and LGC's kiosk development and sales operations at Godalming, Surrey, England. The company will initially be known as Neo-LGC during the transition phase, and will continue operations from its current base.

NeoProducts, originally founded in Australia in 1987, has established a reputation as the leading kiosk supplier to government worldwide. The company is now one of the primary kiosk suppliers internationally with its range of fully engineered touchscreen terminals and has recently established its own manufacturing facility in the UK. The company was recently successful in winning the largest European kiosk project to-date to supply over 9000 kiosks to UK Jobcentres.

Mike Smith, NeoProducts' Managing director said: "I am delighted to have concluded this deal. With the resources of LGC Associates now on board, we have significantly strengthened our team in the UK and our position in the European market. LGC's team have built a fine reputation for developing many diverse kiosk solutions that are effective tools in today's market and this will provide NeoProducts with a considerable advantage in European markets."

Peter Lowe, who formed LGC in 1985, will continue with the merged company as principal consultant.

"The combined strengths of Neo's extensive engineering capability and high level production capacity, coupled with LGC's considerable design and marketing expertise will be a formidable resource." said Peter Lowe. He continued: "As a group, we can apply the combined experience gained from sales of around 30,000 touchscreen terminals and the ability to produce more than 100 highly engineered terminals per day."

NeoProducts now has substantial production, sales and support facilities in both UK and Australia, as well as distributors worldwide. Last year, the company was awarded the Frost & Sullivan "Best Customer Focus Award" in its annual report on the world kiosk market. ISO 9001 accredited, the company serves a wide range of clients from a variety of industries including government - both national and local - telecommunications, retail, leisure and entertainment, travel and ticketing and financial.

For more information, please contact: Mike Smith, NeoProducts (UK) Ltd, 69 Melchett Road, Kings Norton Business Centre, Kings Norton, Birmingham, B30 3HP, UK. Tel: +44 (0) 121 486 4310, Fax: +44 (0) 121 486 4334. Email: msmith@neoproducts.co.uk Web site: www.neoproducts.co.uk

Press enquiries to: Neil Marshall or Tim Jennings, Marshall Jennings PR Limited, Wyvols Court, Swallowfield, Reading, Berkshire, RG7 1WY, UK. Tel: +44 (0) 118 988 0288, Fax: +44 (0) 118 988 0388. e-mail: neil.marshall@mjpr.com or tim.jennings@mjpr.com Web site: www.mjpr.com



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