RNS Number:2799K
Sagentia Group AG
19 December 2007


                               Sagentia Group AG


Sagentia Group AG ('Sagentia'), the international technology consulting and
venturing organisation, is pleased to announce the sale of its shareholding in
spin-out venture, Intrasonics Limited, to Mainframe Participaties B.V.
('Mainframe Participaties') for an initial cash consideration of �1.46m. Further
payments, up to a maximum of �4.50m, could be received over the coming years
depending on performance.


Intrasonics Ltd ('Intrasonics') is an interactive media services company which
provides a completely new way of directly connecting broadcast media to mobile
networks using data embedded in sound. Intrasonics' patented 'Sound Link and
Sync' system addresses a number of applications including interactive gaming and
advertising.


Martin Frost, CEO of Sagentia Group AG, commented:


"I am pleased that, in Mainframe Participaties, we have found an organisation
capable of quickly building channels to market for the Intrasonics technology,
which has been developed at Sagentia by a team led by Rob Morland, CEO of
Intrasonics. I wish Mainframe Participaties , Rob Morland and the team every
success in the future".


The sale of Intrasonics represents an important milestone in the strategy for
the Group outlined earlier in the year. The strategy over the last 12 months has
focused on returning the consulting business to profitability and growth,
building the technology licensing and product royalty side of the business while
at the same time seeking to trade out of the current venture capital portfolio.
Fee income order intake into the consulting business for 2007 is expected to
exceed �17.7m, more than 10% ahead of 2006 (�15.9m), and the business is now
trading profitability on a quarter by quarter basis.


Enquiries:


Sagentia Group AG

Martin Frost (44) 1223 875200


www.sagentiagroup.com


Hansard Group

Andrew Tan (44) 207 2451100


www.hansardgroup.co.uk


Notes to editors:



Sagentia Group AG


Sagentia Group is a leading international technology consulting and venturing
organisation, with a reputation for successfully commercialising emerging
science and technology. The Group comprises two principal operating companies,
Sagentia and Chord Capital.


Sagentia is one of the world's pre-eminent technology management and product
development companies. For 20 years the business has shown an unwavering
commitment to innovation that has led to the launch of breakthrough products and
services.


Sagentia's facilities include state-of-the-art laboratories and are located in
Europe the USA and Hong Kong.


The Group's venture management activities are managed through its FSA-regulated
fund manager Chord Capital Limited.


Sagentia Group is quoted on the LSE (SGA.L)


Mainframe Participaties B.V.


Mainframe Participaties is an innovative and dynamic Dutch Private Equity house,
with shareholders active in the telecoms, media and Entertainment space.



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

END
DISLKLFFDLBBFBB

Sagentia Grp (LSE:SGA)
Historical Stock Chart
From Dec 2024 to Jan 2025 Click Here for more Sagentia Grp Charts.
Sagentia Grp (LSE:SGA)
Historical Stock Chart
From Jan 2024 to Jan 2025 Click Here for more Sagentia Grp Charts.