TAD Tadpole Tech.

RNS Number:4203D
Tadpole Technology PLC
23 May 2006



                     Tadpole Technology plc ("the Company")

                          Update on Softbank contract

On 9 January 2006, the Company updated shareholders on the status of the
contract between its subsidiary StreamTheory, Inc. and Softbank BB Corporation.
It was reported that Softbank had not paid Stream Theory's September 2005
invoice for $1.2 million and had not placed orders for a further $1.4
million, being the balance due under the terms of the contract.

Following negotiations between the parties, the Company is pleased to announce
that Stream Theory has now received $1.2 million in payment of its September
2005 invoice and that a regular monthly schedule of orders for the balance of
$1.4 million has been agreed, commencing at the end of May 2006.
23 May 2006




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