RNS Number:4582T
Photo-Scan PLC
18 December 2003


 PHOTO-SCAN REACHES AGREEMENT ON SIGNIFICANT PURCHASE AND LEASE-BACK DEAL WITH
                      MAJOR UK MULTI-SITE SERVICE PROVIDER



Photo-Scan plc, the security and surveillance systems specialist, has signed a
Heads of Agreement to enter into a 7 year purchase and lease-back contract worth
#5.3m to modernise the electronic security systems of a major UK multi-site
service provider.



In this first contract of its kind for the security industry, the agreement also
includes the provision of a fully comprehensive maintenance and replacement
service by Photo-Scan throughout the lease period.



The agreement marks a major step forward in the implementation of Photo-Scan's
new business strategy announced earlier in the year. The Company's strategy is
to generate more recurring and visible revenues by securing long-term
partnerships with major clients requiring broader product offerings and making
best use of new technologies.



Peter Hawksworth, chief executive of Photo-Scan plc said:

"This is precisely the type of agreement we have been targeting since
implementing our new business strategy. In this case our client's security and
surveillance systems nationwide will be maintained and modernised to the highest
standards at a certain cost to the client over the life of the contract."



Note to editors

Photo-Scan is a market-leading provider of innovative and customised security
solutions to a broad range of commercial clients. Its advanced-technology
solutions are backed by partnership agreements, financing and service support
packages that are designed to guarantee best value.  These include CCTV, the
provision of access control to areas and buildings, remote monitoring, perimeter
protection, Internet Protocol systems, networking and fibre optic
infrastructures.  Photo-Scan's clients include some of the largest retailers,
property companies, local authorities, transport companies, manufacturers and
financial services companies in the country.


For further information



Peter Hawksworth          John Rudofsky            Barrie Newton

Photo-Scan plc            Helsen Communications    Rowan Dartington

Tel: 01932 898500         Tel: 020 8786 6699       Tel. 0117 9330000


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