ADE Addleisure

    RNS Number : 3211F
  ADDleisure PLC
  08 October 2008
   

    ADDleisure Plc / Epic: ADE.L / Index: AIM / Sector: Leisure
    8 October 2008
    ADDleisure Plc ('ADDleisure' or 'the Company')
    Acquires Leading Leisure Management Software Provider

    Further to the announcement of 23 September 2008, ADDleisure Plc, the AIM traded company formed to develop products and services in the
health and wellness sector, has successfully acquired ClubRunner (Europe) Limited ('ClubRunner'), a leading leisure management software
provider, through its 50.2% owned intelligent booking software subsidiary Digital Plantation Ltd ('Digital').  The acquisition of ClubRunner
is to be satisfied by the allotment and issue of 102 ordinary shares in Digital ('Digital Shares'), representing 24.9% of Digital's enlarged
issued share capital, and a cash payment of �500,000, with further payments of up to �916,000 in cash which is subject to certain
performance criteria.  

    ClubRunner, which was established in 1995 by Stefan Drummond, is a specialist in health club management software and had an unaudited
turnover of �1,397,000 and a loss before tax of �3,000 for the year ended 30 April 2008.  At that time ClubRunner had net assets of
�369,000. ClubRunner provides IT solutions across the leisure industry, in particular the hotel, health & fitness, play and golf markets,
with existing high profile clients such as Livingwell Hilton Hotels, Gambado, Ramada Jarvis and PlayGolf. ClubRunner's offering complements
Digital's range of proprietary intelligent booking software that specialises in the day and destination Spa markets. The Board see that the
considerable synergies, which exist between the two companies, will strengthen Digital's ability to attract major new corporate clients both
in the UK and internationally. The combination of innovative software, an established trading record and existing international clients
brought together in this merger, has already resulted in agreements and negotiations with potential new clients such as JJB Mifit. 

    ADDleisure Plc Chief Executive David Turner said, "This acquisition is an important development in the Company's growth strategy and
strengthens Digital's position as a leading provider of intelligent booking software targeting the leisure industry. ClubRunner brings with
it a highly respected operating track record, a blue chip client list and a substantial recurring income, factors which will strengthen
Digital's offering and increase its ability to gain new business. We are also pleased to welcome Stefan Drummond to the Board of Digital,
and appreciate that his considerable experience and innovative approach in developing new IT solutions will be invaluable in growing
Digital."

    Digital Plantation Ltd will continue to be consolidated in the ADDleisure Plc accounts. 

    ** E N D S **

    For further information visit www.addleisure.com or contact:
 Mike Mills        ADDleisure Plc                 Tel: 020 7449 1000
 Mark Percy        Seymour Pierce                 Tel: 020 7107 8000
 Susie Callear     St Brides Media & Finance Ltd  Tel: 020 7236 1177

    Notes
    ADDleisure Plc, 29% owned by BUPA, was formed to develop products and services in the leisure and wellness sectors, helping to meet the
growing demand for innovative new health and fitness solutions.   Its key products/services include:

    *     Movers and Shapers Limited (50/50 with BUPA)  - a groundbreaking retail concept for health and fitness services utilising Fitbug
and Power Plate technology
    *     Fitbug Limited (50/50 with BUPA) - developers of an online personal health and well-being coach, which has secured major contracts
with corporate clients such as BP and private medical insurance company PruHealth
    *     Digital Plantation Limited (50.2% interest) - developers of Ez-Systems, intelligent booking software, used in a range of sectors
both in the UK and internationally

    The Company has a highly experienced management team including Allan Fisher, founder and former CEO of Holmes Place plc; David Turner,
founder and former director of LA Fitness plc; Michael Warshaw, former owner and Chairman of Molton Brown; and David Cummin, founder and
former director of Membertrack Limited, a leading club membership software provider.




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