NAQ Nba Quantum

RNS Number:1716S
NBA Quantum PLC
01 March 2007

NBA Quantum PLC ("NBA" or "Company")


1 March 2007


Acquisition update


On 9 December 2005, the Board announced that it had acquired Taylor Rumford
Consulting Limited ("Taylor Rumford").


The sale and purchase agreement provided for two elements of deferred
consideration to be payable on the first and second anniversaries of completion
of the Acquisition, dependent upon future performance. The Directors are pleased
to report that the target pre-tax profit for Taylor Rumford for the first year,
ended 30 June 2006, had been passed and the first tranche of deferred
consideration, amounting to #200,000 is now payable in full.


In line with the sale and purchase agreement, this consideration will be paid as
to #137,500 in cash and #62,500 by the issue of 204,918 new ordinary shares at a
price of 30.5 pence per share. These shares were issued at a Board Meeting on
Monday 26 February 2007.

Application will be made for the new ordinary shares to be admitted to AIM as
soon as practicable.

Following the issue of these shares and their admission to trading on AIM,
the total number of voting rights in NBA Quantum PLC will be 6,745,281.

Enquiries:

NBA Quantum                  Angela McBride                    01483 246554

Brewin Dolphin Securities    Mark Brady                        0845 270 8601











                      This information is provided by RNS
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