Axiomlab to Invest in Science Enterprise Centre Projects Manchester Science Enterprise Centre (MSEC) has launched a pilot scheme with funders Axiomlab PLC, to invest in new high-tech businesses coming out of the region’s universities. A fund of up to £150,000 will be available, which is expected to invest initially in three or four projects. This opportunity will also be open to the University of Liverpool who have recently become part of MSEC. Manchester Science Enterprise Centre is especially involved in the development of ideas by students particularly those involved in the unique Master of Enterprise programme that is currently offered in the science and engineering departments of the four Greater Manchester universities. Axiomlab will also then look at supplying the next round of funding to take the ventures forward as successful technology-based regional businesses. Professor David Auckland, Director of MSEC, commented; “ Start-up capital is urgently needed in the academic sector in order to take good ideas to the next stage of development and Axiomlab has an established track record of funding early stage spin outs in this arena. This new fund highlights their belief in the quality of the opportunities available.” Fred Mendelsohn, Managing Director of Axiomlab plc commented; “ UK universities produce world class research but often find it difficult to turn these ideas into great businesses. The funding package we have developed with MSEC will provide the essential support for this type of technology transfer.” Notes to Editors Manchester Science Enterprise Centre is a partnership between UMIST and The University of Manchester working with Manchester metropolitan University and The University of Salford. The Centre has been awarded £1.5 million from the second round of the Government’s Science Enterprise Challenge in order to expand and incorporate The University of Liverpool as a partner in the Centre. The expanded Centre will be better placed to develop joint initiatives in collaborative areas, such as research, teaching, business creation and overall marketing. It will also bring a regional focus to academic enterprise and will work alongside the North West Development Agency and other organisations to create more opportunities for wealth creation in the region. Listed on Aim, Axiomlab plc provides capital and support to early stage businesses that hold intellectual property with strong commercialising potential. Axiomlab adopts a very hands-on approach to their investments, helping them in key areas such as strategic advice, senior hires (executive and non-executive) and sales support. For Further Information Contact Lynn Sheppard, Marketing Manager, Manchester Science Enterprise Centre, Fairbairn Building, UMIST, PO Box 88, Manchester M60 1QD, United Kingdom Tel: 0161 955 8486 Fax: 0161 955 8488 Fred Mendelsohn, Axiomlab plc Tel: 0161 906 3390 John West, Tavistock Communications Tel: 020 7600 2288

SEARCH PRESS RELEASES | NEWS | ALL ARCHIVES February 2005 Axiomlab Buyback January 2005 Axiomlab Buyback - Questions and Answers Proposed Buyback Documentation Sale of Techtran Group to IP2IPO Suspension of Matched Bargain Trading of Axiomlab Shares JP Jenkins Shareholder Dividend October 2004 Notice of Annual General Meeting - 24 November 2004 Shareholder Update - October 2004 July 2004 Techtran raises £2M with IP2IPO in Strategic Investment June 2004 £2M boost for university work March 2004 Shareholder Update - March 2004 February 2004 Axiomlab appointed to manage new £4.5m fund January 2004 Annual Report and Accounts November 2003 Blue Diamond 'cleans-up' following acquisition October 2003 Fund is sowing the seeds of success. September 2003 Axiomlab plc Return of Cash and Delisting August 2003 Hardware/Software Co-Design in the SoC Era Result of EGM: Return of Cash Proposals Approved by Shareholders July 2003 Proposed Return of Value - Documentation June 2003 Proposed Return of Capital to Shareholders - Update May 2003 Proposed Return of Value to Shareholders April 2003 Specialist Lab Software Company Raises Development Capital Jointly From VCs And Private Investors March 2003 Netlet Secures £175,000 Of Investment From Rotch Group Ulster peace talks chairman Mitchell accepts role at university firm February 2003 Resignation of Non-Executive Directors January 2003 Energetix Group and Battelle form Energetix Micropower Axiomlab plc Interim Results for the Six Months to 31 October 2002 Pioneer Leeds spins off knowledge transfer to private sector December 2002 University to team up with Axiomlab University set to reap rewards Leeds Outsources Technology Transfer University of Leeds Outsources its Intellectual Property Commercialisation to Axiomlab Plc Career Opportunities – Experienced Fund Manager Career Opportunity - Chief Executive Career Opportunities – Life Sciences November 2002 Career Opportunities - Non-Executive Directors ITM Communications placed into administration Early success for Get Real’s new channel sales strategy October 2002 Unipol announce partnership with Netlet to create most advance student housing technology Tech tonic Image Metrics a finalist in the Nabarro Nathanson Technology Industry Awards 2002 Axiomlab to Invest in Science Enterprise Centre Projects September 2002 Design tool converts Verilog descriptions into C Tenison EDA reviewed in John Cooley's EDA Industry report easyCar gears up for low-cost expansion with PROACTIS Energetix forms new subsidiary August 2002 Get Real Systems Bucks Market Downturn with new Channel Strategy for Spend Control Career Opportunities – Chief Executive Axiomlab PLC invests in Braddahead Limited July 2002 Axiomlab PLC - Annual Report and Accounts Tenison Technology wins GBP700,00 investment Axiomlab plc Preliminary results for the year ended 30 April 2002 Tenison Technology New approach to traslation Tenison Technology receives GBP 700,000 Axiomlab plc Invests in Tenison EDA Image Metrics Completes Funding Round Market Movers Image Metrics Raises 4.3 Million Euros Image Metrics raises €4.3m in Series A round Image Metrics Raises £2.9m New Money Career Opportunities - Non-Executive Directors June 2002 Computers get visual - Image Metrics Empiricom partners with the UK medical portal Medify.com Axiomlab earmarks funds for MSEC The Board of Axiomlab announces a change of Broker May 2002 Image Metrics and Baxall Limited launch CCTV channel management software at IFSEC 2002 April 2002 Career Opportunities - Non Executives Directors Career Opportunities - Chief Executive March 2002 Axiomlab invests in iBASE Image Systems Limited nusonline.co.uk and activate.co.uk's email student database tops 500,000 Empiricom - KPMG launches unique insurance group solvency margin calculation software Image Metrics obtains interim funding Image Metrics collects £550k Image Metrics - Internet Infrastructure and Services Axiomlab CSols Steve Edwards, Non-Executive Director of Image-Metrics Wins “Deal of the Year” Award February 2002 Axiomlab up on talk of protege listing Energetix for Aim January 2002 New non-exec role for construction chief - Auctions2business Career Opportunities - Group Finance Director December 2001 Career Opportunities - Chief Executives Career Opportunities - Non Executive Directors Career Opportunities - Energetix Group Ltd November 2001 Partnership targets energy needs Axiomlab invests in Energetix Group Ltd Axiomlab takes Energetix stake Axiomlab backs power innovator – Energetix Axiomlab plc funds Energetix Group Ltd. Axiomlab invests 625,000 stg for 40.23pc stake in Energetix Empiricom launches KAT October 2001 Thermetica September 2001 CSols and Waters Link Up To Make Electronic Record Meagre sales hit Axiomlab The $1m flight of a fledgling August 2001 Axiomlab takes Aim for return on investments Axiomlab shares Axiomlab plc Final Results for the Period ended 30 April 2001 Image Interpretation Company Wows the Crowd July 2001 Axiomlab’s confidence in high-tech startups Change of Advisors to the constituent Advisory Panels Gorman lends weight to new-tech growth sector Dot.coms must dig in Axiomlab gets 33% Get Real stake Axiomlab buys into Get Real dream of a working world without paper. Axiomlab Investment in Get Real Systems Limited Manchester is the UK's real Silicon Valley June 2001 Axiomlab looks to raise £12m May 2001 Axiomlab to raise £12m Axiomlab raises £12m through placing to expand its operations Axiomlab to raise £12m through placing to expand Venture Firm Axiomlab Raises $17.1 Million Second Round Axiomlab Investment in THERMetica Limited Heavyweight investors in Axiomlab placing Axiomlab's £12m growth plan to aid software firms Axiomlab unveils placing to raise £12m Axiomlab moves towards expansion Axiomlab in £12m placing Axiomlab shows its strength with £12m placing Axiomlab proves life in venture capital market Placing of New Ordinary Shares Axiomlab Dumbfounds City doubters Casmir Ltd April 2001 Axiomlab carving a distinctive niche Empiricom completes first funding round Axiomlab buys stake in Empiricom Force Fed March 2001 Steady Start Investment in Empiricom Limited and Results for the 6 Months to 30 November 2000 Axiomlab has invested in Empiricom Interview with Fred Mendelsohn Appointment of CEO to Casmir New dot-com aims to get students in its net A Market Worthy of Study Two Non-Executive Appointments to Netlet Alan Aubrey, New Head of Northern Operations Senior Appointment Glaxo deal for CSols February 2001 Axiomlab invests in CSols Axiomlab expands in Scotland Axiomlab investment in CSols plc Axiomlab aquires stake in CSols January 2001 The Investor Landscape in the (Chinese) New Year Axiomlab's share price rises December 2000 Getting back on line Axiomlab bucks the tech trend Auctions2business launches online Axiomlab invests in Image-metrics Shares look good in Axiomlab Blanket of tense silence covers fever of activity November 2000 Dig the new breed Axiomlab confirms stake in Casmir October 2000 ITM Activate eyes £10m round Casmir selected as 2000 IT Award medallist Axiomlab aquires stake in Casmir Axiomlab leaps 21 per cent Axiomlab and Internet Business Group Invest in Casmir Salford academics benefit from seed capital A look at Axiomlab Casmir Limited selected by The Britist Computer Society as 2000 IT Award Medalist Share watch - Axiomlab September 2000 New Issues Notes Strong debut of Axiomlab plc August 2000 Axiomlab backs web auction site Incubator is red hot Probable floatation of Axiomlab investment Jump in Axiomlab shares Axiomlab expects good news NUS wins in £1bn ITM float Stocks Focus Axiomlab dispels IT doubts Delight as Axiomlab soars on market Axiomlab banking on appetite for internet Axiomlab's first day on AIM Sharewatch, Axiomlab Incubator' looks hot Axiomlab Adds Cash to Coffers Market Movers Cisco's Scottish trailblazer sparks hunt for more Silicon Glen gold July 2000 Axiomlab plc formed Axiomlab hopes for Pounds 5m in Float Ulster Peace Envoy Brings Business Sense to Technology Mitchell To Join Internet Incubator Venture