Final Results -3-

| Intangible assets                                           |             | 424         |             | 414        | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
|                                                             |             | ________    |             | ________   | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Total non-current assets                                    |             | 428         |             | 423        | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
|                                                             |             |             |             |            | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Current assets                                              |             |             |             |            | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Trade and other receivables                                 | 13          |             | 27          |            | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Tax asset                                                   | 31          |             | 37          |            | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Cash and cash equivalents                                   | 84          |             | 601         |            | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
|                                                             | ________    |             | ________    |            | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Total current assets                                        |             | 128         |             | 665        | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
|                                                             |             | ________    |             | ________   | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
|                                                             |             |             |             |            | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Total assets                                                |             | 556         |             | 1,088      | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
|                                                             |             |             |             |            | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Liabilities                                                 |             |             |             |            | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Current Liabilities                                         |             |             |             |            | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Trade and other payables                                    | (214)       |             | (118)       |            | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Tax liabilities                                             | (12)        |             | (8)         |            | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Accruals                                                    | (282)       |             | (182)       |            | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
|                                                             | ________    |             | ________    |            | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Total liabilities                                           |             | (508)       |             | (308)      | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
|                                                             |             | ________    |             | ________   | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
|                                                             |             |             |             |            | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Total net assets                                            |             | 48          |             | 780        | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
|                                                             |             | ________    |             | ________   | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Capital and reserves attributable to equity shareholders                  |             |             |            | 
+---------------------------------------------------------------------------+-------------+-------------+------------+ 
| Called up share capital - 1p ordinary                       |             | 1,357       |             | 618        | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Called up share capital - 9p deferred                       |             | 2,741       |             | 2,741      | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Share premium account                                       |             | 10,137      |             | 10,170     | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Warrant reserve                                             |             | 443         |             | 267        | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Merger reserve                                              |             | (136)       |             | (136)      | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Share based payment reserve                                 |             | 322         |             | 312        | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Retained deficit                                            |             | (14,816)    |             | (13,192)   | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
|                                                             |             | ________    |             | ________   | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
|                                                             |             |             |             |            | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
| Total equity                                                |             | 48          |             | 780        | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
|                                                             |             | ________    |             | ________   | 
+-------------------------------------------------------------+-------------+-------------+-------------+------------+ 
 
 
Consolidated cash flow statement for the year ended 31 March 2009 
+--------------------------------------------+----------+----------+----------+----------+ 
|                                            |      31 March       |      31 March       | 
+--------------------------------------------+---------------------+---------------------+ 
|                                            |        2009         |        2008         | 
+--------------------------------------------+---------------------+---------------------+ 
|                                            |      GBP'000        |      GBP'000        | 
+--------------------------------------------+---------------------+---------------------+ 
| Cash flows from operating activities       |          |          |          |          | 
+--------------------------------------------+----------+----------+----------+----------+ 
| Loss before tax                            |          | (1,686)  |          |  (984)   | 
+--------------------------------------------+----------+----------+----------+----------+ 
| Share based payments                       |          |   203    |          |    92    | 
+--------------------------------------------+----------+----------+----------+----------+