ARGOGROUP REPORTS SALES AND REVENUE SUCCESS FOR Q1

Argogroup, the market and technology leaders for quality management of wireless data services, are delighted to conclude 2002 with a solid quarter. Four out of the five Operators in the UK now use Monitor Master, a quality management software platform, to ensure that end-users enjoy the best possible experience when accessing wireless data services.

Argogroup, the market and technology leaders for quality management of wireless data services, are delighted to conclude 2002 with a solid quarter. Four out of the five Operators in the UK now use Monitor Master, a quality management software platform, to ensure that end-users enjoy the best possible experience when accessing wireless data services.

We have seen solid revenue growth and strong increases in net income and market share -- Virgin Mobile became our 10th Operator customer at the end of 2002. Argogroup have enjoyed a fantastic year and we are looking forward to continuing this success in 2003." David Frodsham, CEO, Argogroup.

Monitor Master first came on to the market in December 2001 and has gained considerable traction during the year. This is reflected in the revenue increase of 331.25% over the course of FY02 with Q1 of FY03 showing a further increase of 139% on Q4 02. Argogroup enters 2003 with a strong sales pipeline which includes a number of Europes leading Operators.

Operators across Europe, and as far-flung as Australia, have implemented the quality management solution -- placing Argogroup in a market leadership position despite the challenges of the Telecoms market. Argogroups vision is that end-users of wireless data services enjoy the best quality of experience possible. Monitor Master enables Operators to achieve that objective. The business benefits of using Monitor Master include:
·lower development and testing costs -- automated testing takes a fraction of the time it would manually,
·increased wireless data services revenues -- end-users can use services on all devices, and will use them for longer sessions,
·assurance that services will work consistently over time and that any problems are detected early.

Daniel Appelquist, Development Manager, Vodafone UK Content Services said, After an exhaustive search for a solution to our multiple-handset testing, we selected Argogroup's Monitor Master. Monitor Master provided the most comprehensive solution, backed by deep industry expertise and credibility. Argogroup has also been responsive to our needs, as a customer, for customisations and support."

We are confident that MMS will not be the marketing disaster that WAP was, picture messaging is being pushed heavily by the Operators, but, in this case, the technology and the quality assurance solutions are in place to ensure it will be a success," said Paul Nerger, VP Sales & Marketing, Argogroup. We are gaining traction in the market place with our solution and this is illustrated by quarter-on-quarter growth."