The Company note that on 24 December 2005, it will have been six months since
the release of the announcement detailing the suspension of its ordinary shares
from trading pending publication of an admission document describing, inter
alia, the acquisitions of Bioloop Mobile Wireless Plc ("Bioloop") a wholly owned
subsidiary of HLT Limited; and Mobile Automated Payments (Singapore) Pty ("MAP")
a wholly owned subsidiary of Mobile Automated Payments Pty Ltd ("the
Acquisitions").
The Company is still in discussions relating to the Acquisitions but given the
Company's ordinary shares will have been suspended from trading for six months,
in accordance with the AIM Rules, the Company's ordinary shares will now be
cancelled from trading on AIM on 28 December 2005. The directors of Tom Hoskins
are still pursuing the Acquisitions and should they be completed, the directors
will apply for admission of the Company's ordinary shares to trading on AIM.