RNS Number:5342W
Horizon Technology Group PLC
14 May 2007

           Horizon Technology Group plc ("Horizon" or the "Company")

                               Holding in Company


Horizon has today received a notification dated 9 May 2007 from Quinn Direct
Insurance Limited ("Quinn Direct") stating that Quinn Direct has decreased its
notifiable interest in the Company and it now holds 4,100,410 ordinary shares in
the Company, which represents 4.98% of the current issued share capital of the
Company.


Contact:

Horizon
John Connolly

00 353 1 620 4900




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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