AUS Amteus

    Embargoed for release at 7.00 am on 11 January 2007

                                  Amteus plc                                   

                   ("Amteus", the "Company" or the "Group")                    

                      Trading Update and Product Relaunch                      

Amteus, the provider of private and secure IP based business communications
software, announces the following trading update.

Starting in late November 2006, Amteus has repositioned and relaunched both its
product offering and its route to market. Amteus is now concentrating on using
resellers as its route to market. Resellers have the relationship with the
ultimate customer base and have immediately identified customer demand for the
Company's private and secure instant messaging product ("IM"). The introduction
to the market of this redefined business model, which involves changing the
focus of the product offering to major on IM at a competitive price, has had an
immediate and significant impact on sales order levels.

The Company now requires to raise additional working capital and is discussing
with its advisers ways to do so. Meanwhile, Amteus' founder and major
shareholder has agreed to provide financial support to the Company in the
interim period.

Whilst secure and private IM is a part of the Company's total product suite,
which includes presence control, secure sharing and transfer of files and
secure VOIP (including conferencing), the Company has identified an immediate
and substantial demand for Amteus' secure and private IM product. Although
distribution will primarily be through resellers, the Company will retain a
small direct sales force. Over a half of the new customer wins in December were
to resellers who between them have many thousands of customers. The directors
believe that resellers have no other comparable IM products available to them
to sell in this area.

The new business model involves selling a limited number of user licences to
each customer initially, with a clear upgrade path as customers widen their use
of the system within their own businesses.

The new product provides:-

  * All of the benefits of IM together with presence control;
   
  * The elimination of the risk of viruses;
   
  * The elimination of junk messaging ("SPIM");
   
  * The achievement of immediate productivity gains as employees' use of IM can
    be fully controlled and monitored;
   
  * Full compliance - Amteus IM can record all messages for this purpose;
   
A fully web-enabled version of IM has also been developed and is due for launch
shortly.

The directors of Amteus believe that no other IM system provides the same built
in security and compliance advantages at such a competitive price.

Turnover (the majority of which is accounted for by spreading revenues over the
period of the contract) in the year ended 30 September 2006 totalled �37,000,
compared to �23,000 in the 16 month period ended 30 September 2005 and has
continued to increase since the year end.

The directors expect sales volumes to increase significantly in the coming
months and expect the company to reach cash breakeven in late 2007.

Michael Abrahams CBE DL

Chairman

11 January 2007

For enquiries:

Amteus plc 01756 770376

Michael Abrahams (Chairman)

John East & Partners Limited 020 7628 2200

John East/Simon Clements/Johnny Townsend

Rawlings Financial 01756 770376

John Rawlings



END

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