Acquisition

RNS Number:4563Z
VI Group PLC
02 July 2007


RNS News

2 July 2007

                                  VI Group plc

                    Acquisition of Camtek North America Inc.


VI Group plc (AIM: VIG), a leading supplier of CAD/CAM software to the mould and
die sector, has acquired the assets of Camtek North America Inc. ("CNAI") for
#56,000.

Camtek North America Inc. distributes and supports the products of Camtek Ltd, a
software developer VI Group acquired in November 2006. It reported pre-tax
profits of #29,000 on revenues of #391,000 in the 12 months to December 2006
from the distribution and support of Camtek's PEPS branded software. PEPS is a
suite of specialist engineering software with built-in CAD drawing tools for the
design of geometrical models. It is used extensively in a number of production
technologies including laser cutting, wire Electrical Discharge Machining (EDM)
and Computer Numerically Controlled (CNC) turning and milling machines.

Founded in 2004 by Alan Weeks to support the growing North American user base of
Camtek's PEPS CAD/CAM applications, CNAI has developed a strong focus on the
complex Wire EDM machining market, and has established partnerships with some of
North America's largest machine tool suppliers.

CNAI has also built an enviable user base which now includes such household
names as Harley Davidson, GE Aircraft Engines, Hutchinson Technology, Smith &
Wesson, Gillette, Xerox and Trumpf served from its offices in Atlanta, Chicago
and Detroit.


Don Babbs, Chief Executive of VI, says:

"This acquisition boosts our presence in North America adding further
distribution on the East Coast and the Mid West, as well as complementing our
existing presence in the heart of the automotive sector in Michigan. Coming on
the back of our acquisition of Camtek Ltd at the end of 2006, the CNAI
acquisition gives us increased distribution in one of the world's major markets
as well as close working partnerships with some of the most advanced machine
tools companies."


Alan Weeks, President of CNAI, comments:

"We are very pleased to be a part of a company which shares our strong
commitment to customer service. By joining VI Group, we can offer a broader
range of products across a much wider number of market sectors."



For further information, please contact:

VI Group plc                                       Tel: [phone]
Don Babbs, Chief Executive
Julie Randall, Finance Director

Gresham PR                                         Tel: [phone]
Neil Boom

Blue Oar Securities                                Tel: [phone]
Mike Coe









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