Touchstar Plc Regulatory News (TST)

24 Mar 2006 10:40

Belgravium Technologies PLC24 March 2006 24 March 2006 Belgravium Technologies Plc (BVM:AIM) BELGRAVIUM'S ACQUISTION OF TOUCHSTAR TECHNOLOGIES AWARDED BEST TECHNOLOGY DEAL IN YORKSHIRE Belgravium Technologies Plc ("Belgravium" or "the Group"), leaders in real timedata capture systems, is pleased to announce the Group was last night awarded 'Best Technology Deal' ('the Award') at the 'EN Magazine Deals of the YearAwards' for the Yorkshire and North-East region. EN Magazine, the magazine for Entrepreneurs across the region, presents theseawards to recognise entrepreneurs and dealmakers who have put together the bestcorporate finance deals over the past 12 months. In light of this, Belgraviumwas nominated by corporate advisers, entrepreneurs and readers of the magazinein recognition of the acquisition of 'Touchstar Technologies Limited' ('Touchstar') for a total consideration of £10.75m. Also short listed in the same category as Belgravium were Eurotel Ltd, andGETECH Group Plc. Receiving the award on behalf of the Group was Mark Buttler from KPMG CorporateFinance in Leeds, the Group's Nominated Advisor. Commenting on the award, Belgravium's Chairman John Kembery said: "We are delighted with this Award and pleased that the excellence of this dealhas been so well recognised by the financial community. In this acquisition of Touchstar, the Group has created real opportunities toincrease the depth and breadth of its client offering. The increased criticalmass of the enlarged Group has also created a platform from which the businessis targeting new vertical markets and increasing shareholder value". For further information, please contact: John Kembery Chairman, Belgravium Technologies Plc 01274 718800 Kelly-Ann French Buchanan Communications 07958 972164 01943 883990 This information is provided by RNS The company news service from the London Stock Exchange