RNS Number:7559Z
Innovision Research&Technology PLC
09 August 2002



                      INNOVISION RESEARCH & TECHNOLOGY PLC

                      Signing of new development contract

Innovision Research and Technology ("Innovision R&T"), the electronics
technology solutions provider, announces the signing of a significant new
development contract with one of the leading European manufacturers of
telecommunications equipment for Datalabel, its radio frequency identification
("RFID") tag solution.

This new development agreement is the first DatalabelTM project in the telecoms
arena and represents a significant step in introducing Innovision R&T's RFID tag
solutions into another major market sector. The application, which is
confidential, could ultimately involve the deployment of many millions of tags
per annum.

As with all of the current Datalabel consumer projects, the combination of
security and increased functionality at an incredibly low unit cost, provides a
compelling case for the incorporation of RFID technology into a wide variety of
new and existing products.

Marc Borrett, Managing Director of Innovision R&T, comments:

"I am pleased to announce this latest contract win, which follows the four new
contracts with market leaders we announced in June, and precedes the anticipated
conversion of our two teaming agreements in the logistics and transport sectors
into full licenses.  All these projects continue to progress well and we have a
number of exciting new opportunities emerging.

"Enquiries for our technology remain at record levels, reinforcing our belief
that we remain the lowest cost, custom-design, RFID solution provider, in the
market place. I look forward to further significant commercial progress over the
coming months."



                                                                   9 August 2002



ENQUIRIES:

Innovision Research & Technology plc                   Tel: 0118 936 6311
Marc Borrett, Managing Director



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

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