Rivington Street Software Acquisition

The Board of ANS Group, a leading UK Technology Solutions group, is delighted to announce that it has acquired the entire issued share capital of Rivington Street Software Ltd ("RSS"), the London-based specialist bespoke website development agency from Rivington Street Holdings Ltd.

The consideration was satisfied by the transfer of 1,000,000 ordinary shares of ANS Group's holding in SMARTiD. RSS has developed a number of software systems which it owns and supplies to primarily membership organisations such as professional and chartered bodies, trades unions and trade associations, it also provides tailor made products for the corporate market. To the year ended 31 August 2006 RSS turned over GBP436,314 and made a loss before tax of GBP100,029. The loss can be attributed to non-recurring activities and in the opinion of the Directors of ANS Group the company will be earnings enhancing within 12 months.

The transfer by ANS Group of 1,000,000 of its shares in SMARTiD to Rivington Street Holdings Ltd. equates to an interest of 10% in SMARTiD prior to completion of a fundraising. The fundraising is being carried out in conjunction with SMARTiD's proposed Admission to PLUS which is being advised on by *Lion Capital Corporation. Following this transfer of these shares, ANS Group will hold 3,900,000 shares in SMARTiD, representing 39% of the company's current issued share capital (pre-Admission).

Further to the announcement on 23 March 2007, ANS Group confirms that SMARTiD's fundraising prior to the flotation is progressing well. The Board looks forward to updating shareholders in due course.

Scott Fletcher, Chairman of ANS Group, commented:
"We are delighted with the acquisition of RSS. RSS brings a new customer base and a team of developers which will enhance our skills around microsoft technologies. It also gives our customers a larger ANS Group presence in the city of london, where a good proportion of our work stems from. Furthermore, we gain a number of recurring contracts which will further increase our contracted revenues going forward. We welcome RSS's staff and customers to the ANS Group." "We are delighted with the acquisition of RSS. RSS brings a new customer base and a team of developers which will enhance our skills around microsoft technologies. It also gives our customers a larger ANS Group presence in the city of london, where a good proportion of our work stems from. Furthermore, we gain a number of recurring contracts which will further increase our contracted revenues going forward. We welcome RSS's staff and customers to the ANS Group."