MAIS.L Regulatory News (MAIS)

22 August 2013

blur (Group) Plc

("blur Group" or the "Company")

blur Group shows accelerated global growth of s-commerce

This week, blur Group, the company that is reinventing commerce at blurgroup.com, has passed more significant milestones on its platform as the rate of s-commerce adoption increases. In the last year alone 1,500 projects have started, bringing the total to over 2,500 and the total value of these projects has increased to over $42m.

Recent projects on the Exchange have shown the increasing demand for higher-value projects to be delivered using s-commerce. These include a $500,000 design and technology project for developing an online community, a $750,000 marketing project for a property development group and a $750,000 streaming video application for a media company. Larger enterprise customers include a major baby food manufacturer and a global healthcare company, further establishing blur's applicability for all sizes of business and enhancing the appeal for service providers to switch to using s-commerce for new business.

'It took us nearly four years to reach 1,000 projects. The fact that we have now reached 2,500 less than a year later shows an ever increasing, global appetite for s-commerce', said blur Group CEO Philip Letts. 'We always knew that the business would become global very quickly. Our 30,000 service providers come from across 141 different countries, meaning that our customers have the opportunity to work with anyone across the globe and our rapidly growing affiliate program provides more scalable growth in new regions.'

Lewis Owens, Strategic Market Development Manager Owen Mumford, commented: 'We adopted the s-commerce platform over the past year and have never looked back. We have used it for four very different projects. Each time it's been a simple process and provided beneficial results.'

Milestones reached:

● 2,500 projects started on the Exchange. Just one year since announcing it had passed 1,000 projects, the project counter has now passed 2,500.

● The total project value has now passed $42m. Currently total project value is $42,138,439 which means $21,892,212 received in total project value in 2013.

● Over 30,000 expert service providers, from 141 different countries.

● blur Group's partner program now has over 200 affiliates from 36 countries.

-ENDS-

For further information please contact:

About blur (Group) plc at blurgroup.com

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. Approaching 35,000 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 projects per month were submitted. Now, nearly 150 projects start on the exchange each month. Customers include Danone, Broadridge, Coral, Exceed, HCA, Momentive, Red Commerce, the Financial Times, Berlitz, Butlins, GE Healthcare and Tyco. Over the same time, average project value has grown from approximately $1,500 in 2010 to $22,943 in Q2 2013.

Today, nearly 2,500 projects have been submitted with a combined value of over $42 million. These have come from the US, UK, Europe, Africa and Asia with close to 30,000 expert service providers on eight exchanges responding to them.