Acquisition

RNS Number:0620D
Advance Visual Communications PLC
3 May 2001



        3 May 2001

                          Advance Visual Communications plc

                           acquires Click Online in Berlin

                                  Highlights

  * Advance Visual Communications plc continues European expansion through
    acquisition of res profitable Berlin-based Internet consultancy, Click
    Online
  * Click Online's unaudited accounts for year ended 31st December 2000
    indicate turnover of GBP 275,000 and profits of GBP 33,000.
  * Acquisition to be initially satisfied by the issue of six million new
    Ordinary shares of Advance. At Advance's Wednesday's closing price of 3.5p
    per share, it represents a multiple of 0.76 of Click Online's trailing 12
    months sales.
  * Additional issue of two Million Ordinary shares of Advance to be made if
    Click Online exceeds sales targets of GBP 600,000 within the first 9
    months post acquisition.
  * Acquisition Acquisition provides entry into fast growing lucrative
    German market. Advance Visual Communications is now present in Europe's
    three largest technology services markets: UK, France and Germany as well
    as Switzerland
  * Synergies support Ggroup's pioneering centralised production structure
  * Advance Visual Communications plc now operates from four sales locations
    and two production centres offering Europe wide reach.


        Advance Visual Communications plc, ("Advance" or the "Company"), the
        AIM listed Internet Professional Services (IPS) provider, announces
        today that it has purchased Berlin based Click Online in an all paper
        transaction.

        Click Online has been acquired for GBP 210,000 to be satisfied by way
        of issue ofby way of the issue of 6,000,000 new Ordinary shares at
        Wednesday's closing price of 3.5 p per new share. In addition, there
        is a deferred consideration of 2,000,000 new Ordinary shares if sales
        exceed GBP 600,000 within the first 9 months post acquisition. If the
        target is met and based on Wednesday's closing price of 3.5 p for
        Advance's shares, the total acquisition consideration of eight million
        shares would translate into a maximum multiple of 0.47 times of the
        required nine month's sales.

        Advance's distinctive operational structure is designed to offer
        operational efficiencies and higher margins through centralised
        production facilities and localised sales offices. This highly
        scaleable operational structure fits with Click Online's model of
        outsourcing production. Integration will be efficient and redundancy
        free as previously outsourced production work will now be handled by
        Advance's strong Internet and wireless production centre in Sophia
        Antipolis, South of France.

        Massoud Amiri, Chief Executive, Advance Visual Communications, said:
        "We are pleased to welcome the Click Online team to Advance. They open
        the lucrative German market to us. Their focus on internet consulting
        and sales is a perfect compliment with our strong centralised
        production capability. Click Online bring us new blue chip clients
        such as Alba and Scout 24 while enabling us to accelerate the growth
        of our customer base. We are also delighted to be in Berlin, one of
        Europe's fastest growing cities which is becoming the centre of German
        government and business. This is another step forward in the
        implementation of the pan European Buy and Build strategy which we
        presented to the market at floatation.."

                                       - ends -



        About Click Online
        www.click-online.de

        Click Online is an Internet Professional Services business founded in
        1998. It has six multi-lingual consultants and account managers with a
        strong blue chip client base which includes Alba AG and Scout 24.
        Click Online also brings some impressive wireless technology skills,
        an area which is seeing increasing demand in Germany. Unaudited
        accounts for the fiscal year ended 31st December 2000 show the company
        made a profit of GBP 33,000 based on a turnover of GBP 275,000.

        About Advance

        www.advancevisual.com

        Advance Visual Communications plc was admitted to the Alternative
        Investment Market (AIM) part of the London Stock Exchange in November
        2000 and trades under the stock symbol ACV. It aims to create a
        leading pan-European Internet Professional Services (IPS) company
        through a combination of acquisition and organic growth and currently
        has operations across the UK, Switzerland and France. Advance
        specialises in three core areas; eProcesses, eServices and eMarketing,
        through which it helps companies harness the Internet to enhance
        margins and bring their businesses closer to their customers,
        suppliers and channels. Advance also provides a complete range of
        Multimedia and Digital Video solutions.

        For further information:

        Massoud Amiri, Chief Executive

        Advance Visual Communications plc                  0207 830 9741

        David Rydell/Billy Clegg

        Bell Pottinger Financial                           0207 353 9203