Heads of Agreement
December 20 2004 - 2:01AM
UK Regulatory
Embargoed Release: 07:00hrs Monday 20th December 2004
Matrix Communications Group Plc
("the Group")
Acquisition
Matrix Communications Group plc notes recent press speculation and confirms
that it has signed heads of agreement that may or may not lead to the
acquisition of Equip Technology Ltd (Equip). Equip is a profitable distributor
of network security products and is currently Juniper Network's Inc largest
European partner.
The successful completion of this and the possible acquisition of Harrier Group
plc would complete the Group's current acquisition strategy.
-End-
Further Information:
Ian Smith, CEO
Matrix Communications Group Plc: 01342 871 888
Andrew Tan
Hansard Communications Plc: 020 7245 1100
END
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