1,900 briefs passed

News Release

2 May 2013

blur (Group) plc

Latest milestone

1,900 briefs now passed

blur (Group) plc, the technology company that is reinventing commerce at blurgroup.com, today announced that it has passed another significant milestone as it continues to attract new customers wanting services delivered differently.

blur Group has now received over 1,900 briefs for its services including Accounting, Design, Legal, Marketing, Media and Technology from companies on five continents.

The 1,900th brief came from a US Sports consultancy and also marks the 130th brief received in the second quarter of 2013 following a total of 359 in the first quarter.

The total value of briefs submitted since the Exchange launched went past the $25m mark and the numbers of expert service providers also passed 26,000 showing increasing momentum since the launch of blur 3.0.

Philip Letts, CEO blur (Group) plc, said: "We are passing milestones with an increased frequency which works in accordance to our forecasts and business model. blur 3.0 provides the platform for businesses to drive commerce at the speed they want. More businesses are discovering for themselves that s-commerce is the new way to deliver services and rework how commerce can be done - providing benefits for both buyer and seller."

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About blur (Group) plc

blur Group is a technology company reinventing how businesses do commerce at blurgroup.com. Its Global Services Exchange delivers services differently: a new way to buy, manage and pay for core services. Nearly 30,000 businesses in 141 countries have adopted this s-commerce platform and changed the way they work.

blur Group (BLUR) is a public company headquartered in the UK with offices in the US and Europe. It is listed on the London Stock Exchange's AIM market. blur was founded in January 2006 and launched in alpha in 2007 with the full, formal launch of the Global Services Exchange in January 2010. At that time, just over three briefs per month were submitted. Now 100 briefs per month from companies like Broadridge, Coral, eBay, Exceed, HCA, Momentive, Red Commerce, the Financial Times, Berlitz, Butlins, GE Healthcare and Tyco are received. Over the same time, average brief value has grown from approximately $1,500 in 2010 to $10,800 in Q1 2013.

Today, more than 1,900 briefs have been submitted with a combined brief value of over $25 million. These briefs have come from the US, UK, Europe, Africa and Asia with over 26,000 expert service providers on eight exchanges responding to them.