RNS Number:8464K
Belgravium Technologies PLC
08 May 2003



FOR IMMEDIATE RELEASE
                                                                      8 MAY 2003


                            BELGRAVIUM TECHNOLOGIES PLC
                                     (AIM)

                                 AGM STATEMENT


Belgravium Technologies PLC ("the Company"), the real time data capture group,
announces that at the Annual General Meeting held today, all resolutions were
duly passed.

Following the formal proceedings, Chairman, John Kembery commented:

"The cautious trading conditions which affected turnover in the second half of
2002 have continued throughout the first quarter of 2003.   There are now early
signs of returning optimism and enquiries are very high.  Medium term sales
forecasts have improved and there will be significant Atlanta sales in both
Europe and the UK during the first half of 2003.


"The addition of the Atlanta to our already highly regarded product range makes
us confident of the longer term future for the Company.  However market
conditions are still difficult and therefore we expect that this will result in
a stronger second half of the current financial year."


                                      ENDS



For further information please contact:

John Kembery
Belgravium Technologies Plc                         07770 731021


Maxine Barnes
Barnes and Walters Ltd                              0207430 1600
                                                    07860 489571



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