20 November 2002

PLASMON PLC SUCCESSFUL DEMONSTRATION OF UDO DRIVES AT COMDEX

Plasmon today announces the successful demonstration of recording and interchanging data between two 30GB UDO drives at the Las Vegas, Comdex trade show. With the achievement of this major milestone in its UDO development programme, Plasmon remains on schedule to commence commercial UDO production in August 2003.

Wolfgang Schlichting of IDC commented:

"Due to its compelling cost per GB and write once media support, IDC believes UDO will quickly replace 5.25 inch MO technology in professional optical storage solutions".