Acquisition

RNS Number:8106B
TripleArc PLC
30 September 2002



Embargoed until 1000                       30 September 2002

                        TripleArc Plc

                 TripleArc Acquires ControlP


TripleArc Plc ("TripleArc") is pleased to announce  that  on
28  September  2002  it  acquired the  business  and  assets
(including   certain   intellectual  property   rights)   of
ControlP,  the  print  e-procurement division  of  Documedia
Solutions   Plc,   through   its  wholly-owned   subsidiary,
TripleArc   UK   Limited.    The   acquisition   strengthens
TripleArc's  position  as a leading provider  of  e-commerce
procurement solutions for the printing sector.

The  initial consideration for the acquisition was #145,000,
satisfied  by  #100,000 in cash and  the  issue  of  313,589
Ordinary  Shares,  valued  at #45,000.   A  minimum  further
#105,000  in deferred cash consideration is payable  over  3
years.  This deferred consideration amounts to a minimum  of
#35,000  per year for 3 years, which may be increased  to  a
maximum  of #55,000 per year based on sales of the  ControlP
products.   TripleArc  is  funding  the  cash  element  from
internal resources. The intellectual property being acquired
includes  an  application for a patent  over  which  30%  of
future  revenue  will  be shared for 5 years  following  its
grant.

ControlP  develops  and markets web-based print  procurement
solutions  for  buyers and print management companies.   Its
primary  products  are edit2print and iPMS  (internet  print
management   system)  which  are  highly  complementary   to
TripleArc's   existing   portfolio  of   print   procurement
solutions.

JT   Wong,  Director  and  Co-Founder  of  TripleArc,  said,
"ContolP is a perfect fit for TripleArc.  It is the  Group's
first strategic acquisition since floating on AIM last  year
and it will significantly boost our market position."

ControlP  will  be  integrated into  TripleArc's  technology
division   to   bring   together  the   industry's   leading
procurement  technology  within one  company.   As  well  as
benefiting  from  a  broader  technology  base,  which   the
enlarged  Group can offer to an expanded customer base,  the
integration of the two teams will enhance the overall skills
base to address customer requirements.

edit2print  is  an advanced print ordering  system  allowing
users  to edit, proof and order marketing collateral online.
The  system allows users without design experience to upload
files  and vary graphics and text at will themselves.   iPMS
is a workflow management tool for ordering print that allows
print  buyers and print managers to increase the  efficiency
in  their  ordering  process.  In  addition,  ControlP  also
markets ePrint, a solution aimed at small printers.   ePrint
is  an  'off  the shelf' solution that allows a  printer  to
rapidly  set  up  a  customised e-commerce  site  for  their
customers without the need for development expertise.

Jason   Cromack,  Chief  Operations  Officer,  added,   "The
addition of ControlP's technology and staff ensures that the
enlarged  Group has the best solutions in the market  place,
with  the best team to support them. TripleArc will continue
to support ControlP's existing customers and will make every
effort to ensure that the transition causes no disruption to
their  services.  We are extremely pleased  to  have  Daniel
Emerson, who has been running ControlP, working with  us  to
make the integration run smoothly.

"Whilst  the general economic climate in recent  months  has
resulted  in a slower adoption of e-commerce solutions  than
previously  expected, the Board believes that  the  printing
industry will increasingly embrace these technologies.   The
benefits  we are delivering will ultimately mean that  there
will be winners in this sector, and TripleArc intends to  be
leading them."



For further information please contact:

TripleArc Plc                                020 7258 6290
JT Wong, Director

Weber Shandwick Fleet Financial              020 7950 2800
Terry Garrett/ Nick Dibden






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