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PLASMON PLC TO DEMONSTRATE UDO DRIVES AT COMDEX

Plasmon announced today that it plans the first demonstration of working prototypes of its new 30GB Ultra Density Optical (UDO) drives and media at Comdex, the world's largest IT trade show, being held in Las Vegas, USA from 18th to 21st November 2002. Plasmon's UDO development programme continues on plan and UDO is well positioned to be the leading technology for future professional optical storage solutions.

Nigel Street, Plasmon CEO, said

"The demonstration of our prototype UDO drives and media is a major milestone in the development of this exciting new product. Interest in UDO technology is already growing rapidly and we expect this to accelerate following the successful demonstration of our product at the IT industry`s major trade show".