RNS Number:5984H
Network Technology PLC
20 January 2005


20 January 2005

Network Technology PLC


In November 1999, Network Technology PLC ("Network Technology") announced that
its subsidiary, Ringdale UK Limited, had come out of administration and had
entered into a CVA.

Further to a meeting of the members and creditors of Ringdale UK Limited in the
High Court on 7 January 2005, Network Technology is pleased to announce that
Ringdale UK Limited is no longer in CVA.

Klaus Bollmann, Chief Executive of Network Technology commented: "We are very
pleased that agreement has been with the creditors of Ringdale UK Limited.
Ringdale is one of our principal subsidiaries which has supplied and marketed
our network connectivity products for more than 25 years. Interest in Ringdale's
new product ranges has been growing and new partnerships have been formed over
the last year. This lifting of the CVA will allow Ringdale to progress its
product range and further develop in a more certain business environment."

For further information:

Lulu Bridges
Tavistock Communications Ltd
Tel: 020 7920 3150



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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