RNS Number:9460Z
InTechnology PLC
21 June 2004

21 June 2004





              InTechnology plc strengthens security offering with

              acquisition of Netstore's security training business



InTechnology plc ("InTechnology"), Europe's leading provider of data storage,
security and network solutions and managed services, announces that it has
acquired the NetConnect Training business ("NetConnect Training") from Netstore
plc ("Netstore") for a cash consideration of #900,000 plus a further #100,000 of
deferred cash consideration conditional upon performance over the next 12
months.



NetConnect Training is the UK's leading independent supplier of accredited
network security training on behalf of major vendors such as Check Point, Nokia,
ISS and Clearswift.  In the financial year to 31 March 2004, NetConnect Training
recorded revenues of #1.5 million.



Commenting on the acquisition, Charles Cameron, CEO of InTechnology said:



"InTechnology has always offered training as part of the value provided to its
partners and their customers, but typically on an ad-hoc basis.  The acquisition
of NetConnect Training will bring resource, relationships and a reputation
around which we can formalise and grow InTechnology's training revenues across
specialist distribution and utilise better the extensive storage and security
expertise within our professional services division.  The acquisition is
expected to be earnings enhancing in the first full year of ownership." (1)



Neil Lloyd, CEO of Netstore said:



"Over the last two years we have worked hard on disposing non-core elements of
our business. This disposal represents the final part of our programme. All our
business is now core. I am pleased that we have been able to demonstrate that we
can rapidly integrate acquisitions and dispose of parts not core to our
business. We are also pleased to have found a good home for the training
business at InTechnology."


For further information:



InTechnology plc                                      020 7786 3400

Charles Cameron



Netstore                                              0870 300 6600

Neil Lloyd, CEO of Netstore



Financial Dynamics                                    020 7831 3113

James Melville-Ross

Juliet Clarke






Note 1: The statement should not be interpreted to mean that future earnings per
share of InTechnology following the acquisition of NetConnect Training will
necessarily match or exceed historical earnings per share of InTechnology.



Note to editors:



About InTechnology plc



InTechnology plc, an AIM listed company with an annual turnover of Euro350m
employing 500 people, specialises in the design and distribution of data
storage, data management and data security solutions.



Representing the world's leading hardware and software vendors, our Storage
Solutions division is widely acknowledged as a centre of excellence and
expertise in the area of data storage and data management, delivering over
Euro1.5billion of data storage solutions in the UK and continental Europe.



InTechnology Managed Services manages over 2 petabytes of data across a
comprehensive range of IT infrastructure services, including Managed Data
Recovery, Network and Data Centres, helping our customers to reduce IT costs,
increase efficiency and, critically, ensure business continuity under any
circumstances.



InTechnology's network security division, Allasso, is Europe's leading
distributor of IT Security products, including specialist software for
firewalls, intrusion detection, virus scanning and other security products.



InTechnology Enterprise Software offers stand-alone solutions through a
dedicated team of experts trained in business-critical enterprise software.



Working in close partnership with leading corporate resellers and systems
integrators, we deliver all products and services through an extensive network
of offices in France, Germany, Italy, Netherlands, Portugal, Spain, Switzerland
and the UK.







                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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