CTP.L Regulatory News (CTP)

Castleton Technology Plc

 ("Castleton" or "the Group")

New product offering

Castleton, the software and managed services provider to the public and not for profit sector, is pleased to announce that its partner company, 365 Agile Limited ("365 Agile"), has acquired Ciseco, known as Wireless Things. Documotive Limited, one ofthe leading software suppliers to the social housing sector, acquired by Castleton in November 2014, is the exclusive reseller of the 365 Agile Solutions package.

As the exclusive reseller to the social housing sector, the Group is now able to offer a complete 365 Agile and Internet Of Things ("IOT") solution to its customer base, a unique proposition in the sector.

The deal brings together Wireless Things' secure two-way communication protocol that allows communication between smart devices and 365 Agile's secure Tablet & Smart Phone software to create an end-to-end IOT solution.

The combined technology puts the Group in a powerful position to deliver a range of shrink-wrapped IOT solutions including environmental monitoring, measurement of consumption of utilities and the ability to interface with any electrically controlled device. The Group currently resells 365 Agile to more than 80 UK Social Housing customers and Wireless Things has over 50 million hours of run-time of its devices in the field.

Ian Smith, CEO of Castleton, commented:

"The ability to offer our customers an increasingly broad product set demonstrates our commitment to providing the social housing sector with a one-stop solution for its software and technology requirements. IOT capability brings an exciting range of potential applications to our market place that we look forward to showcasing."

Contacts:

Castleton Technology PLC

Ian Smith, CEO

+44 20 7965 8149

MXC Capital Advisory LLP

Marc Young

+44 20 7965 8149

finnCap Limited (Nominated adviser and broker)

Charlotte Stranner

+44 20 7220 0500