Activity Update

RNS Number:8278K
Flintstone Technologies PLC
08 May 2003


Embargoed 07:00hrs 08/05/03


                          FLINTSTONE TECHNOLOGIES PLC
                               ('Flintstone")

                                Activity Update


Flintstone is pleased to announce that initial tests of the Ultra Motor have
surpassed all performance, efficiency and power output expectations. The Ultra
Motor is designed for use in light electric vehicles. It is a novel,
regenerative, high torque, high efficiency, direct drive DC motor being
developed by the Ultra Motor Company, in which Flintstone has an 80%
shareholding.


The Ultra Motor has a range of applications from pedelecs, scooters and light
electic vehicles to wheelchairs and chairlifts, and is proving to be a major
breakthrough in a market estimated to be worth $30 billion over the next 5
years.


David Chestnutt, Chairman, commented,


"I regard these tests as the first significant indication of Ultra Motor's
intention to outperform all other commercially available pedelec motors and
light electic vehicle drives. I look forward to reporting further details in due
course."


                                     -Ends-



For further information please contact:

David Chestnutt                             0151 706 0626
Flintstone Technologies plc                 www.flintstoneplc.com/

Justin Martin                               01624 825 472
Ultra Motor Ltd

Andrew Tan/Brig Atkinson                    Tel: [phone]
Hansard Communications

Notes to Editors:-


Flintstone Technologies plc joined the AIM market in June 2002 raising #5.4
million at the same time. The Group brings a number of management skills to its
investments, such as intellectual property verification and transfer, commercial
audits, industrial evaluation, fund raising, human resources and financial
expertise.


Flintstone's investments include:


BioCote: A range of anti- bacterial powder coatings for metal, wood and plastic
surfaces. Flintstone acquired a 40 % interest in this UK based company due to
the inherent synergies that it offered to Flintstone's investment portfolio.


Firestop: A range of non-brominated and halogen free flame-retardants for use
with plastics, textiles, wood and metal.


Hardide: A chemical process for creating super-hard tungsten carbide surfaces on
steels and other surfaces. The process can enhance the life of steel components
by a factor of 10.


Intellikraft: Next generation rechargeable batteries based on nano treatment of
advanced ceramic material.


Keronite: A process for creating hardened surfaces on aluminium, magnesium and
titanium.


Flintstone has sourced four further technologies. Like the existing portfolio,
the companies operate in the surface engineering and speciality chemicals
market.










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

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