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30 September 2003

Interim Results for the six months ended 30 June 2003

Cyprotex PLC, a drug discovery and technology information company, today reports its Interim Results for the six month period ended 30 June 2003.

Highlights
  • revenue of £368,804 a 12% increase over the same six-month period in 2002
  • reduced operating loss of £1.08 million, compared to a loss of £1.46 million in the same six-month period of 2002
  • received blue chip validation via 13 revenue generating contracts with, amongst others, Roche, Astra Zeneca and Avidex
  • significant business discussions underway with 19 major global pharmaceutical companies
  • appointment of Robert Morrisson Atwater as Chairman and Chief Executive Officer

Commenting on the Results, Robert Morrisson Atwater, Chairman & Chief Executive of Cyprotex PLC, said:

"I have joined Cyprotex at an exciting time. The Group has developed leading edge technology and put in place a high quality team of scientists, modellers and business developers, who have delivered promptly and effectively to all customers. I look forward to working with the team, building on the platform created and helping to deliver new business opportunities in the coming months."

News Contact:

Robert Morrisson Atwater, Chairman & CEO
+44 1625 505 152
ir@cyprotex.com
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