Trading & AGM Statement

RNS Number:8127B
InTechnology PLC
10 August 2004

10 August 2004



                                  InTechnology Plc

                                   Trading Update



Following its Annual General Meeting today in Harrogate, InTechnology plc issued
the following update.


The robust levels of trading in Specialist Distribution experienced in the
second half of the Company's financial year have continued into the first
quarter of 2004/5 in line with expectations.  Managed Services is also
performing in line with expectations and the Board expects this division to
break even after depreciation in the second half of the year.


Specialist Distribution


Strong demand for both storage and security hardware and software has
contributed to a healthy performance from this division and results which are
materially better than the equivalent period in 2003.  Key developments in the
quarter include the launch of HP Openview software, the encouraging sales
performance from Network Appliance solutions and InTechnology's growing UK
market share in sales of Nokia and Check Point security products has grown,
reflecting the success of Allasso's integration.


Managed Services


Sales of managed services continues entirely in line with expectations and the
Directors expect this division to break even after depreciation during the
second half of the year.  Notable developments in the quarter have been EMC's
choice of InTechnology's storage-enabled national data network to support their
sales of data-replication solutions.


InTechnology has also partnered with the London Metropolitan Network ("LMN") to
offer data back-up services to the LMN's customer base of approximately 250
academic institutions around London and the south east.  InTechnology has
completed a successful pilot with three London colleges and LMN now wish to make
the InTechnology service available to all its member institutions in the autumn.


Chief Executive, Charles Cameron commented, "I am very encouraged by this
healthy start to our fiscal year.  We are performing in line with expectations
and materially better than the same period a year ago".




For further information:

InTechnology plc                                     020 7786 3400
Charles Cameron

Financial Dynamics                                   020 7831 3113
James Melville-Ross / Juliet Clarke





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