Interim Results for the period to 31 December 2001

26/03/2002

Knowledge Technology Solutions plc, the data solutions company which provides real-time ktsMarketTerminal for financial professionals, today announced its unaudited results for the six months to 31 December 2001.

Key points

• Completion of ktsMarketTerminal product and launch
• Conservative treatment of technology capital investment with all costs written off as incurred
• Group loss before tax of £100,545, reflecting further investment in research and development within our Cognita business
• Focus on account management and partnership management
• First orders received from first tier customer during start of second half
• Strong pipeline of new business prospects for ktsMarketTerminal confirms importance of focus on this core product and expertise

Chief Executive, Marc Pinter-Krainer said:

"Just over twelve months ago the company set an objective of achieving its first sale of ktsMarketTerminal in 2002. It was with this goal in mind and in order to increase our profile with our customers that the shares were admitted to trading on AIM. With revenues from ktsMarketTerminal now starting as planned, your company has a longer-term strategy to ensure revenue growth will be achieved year on year, and that this growth will be profitable and sustainable over time."