NAPS Napster Group Plc

    Embargoed Release: 07:00hrs Monday 4th August 2008

                               iPoint-media plc                                

                          ("iPoint" or "the Company")                          

                                Trading Update                                 

iPoint (AIM: IPNT) announces a trading update for the six months ended 30 June
2008. Over the period, the Company has been involved with one of the world's
leading vendors to the telecoms market in major tenders, which in some cases
are in the final phase after undergoing trials. However, slippage has occurred
as a result of the major telecommunications companies taking longer to commit
funds to prospective 3G video calling related projects. Accordingly, contracts
which the Company expected to be signed in the first half of the year have not
yet been signed. As a result, the Company expects to report an unaudited loss
for the six months ended 30 June 2008 of approximately �0.75 million.

The results for the full year to 31 December 2008 are largely dependent on
contracts that are expected to be signed in the second half of the year,
particularly the fourth quarter. Given the results for the six months ended 30
June 2008 and the current trend of longer lead times for projects to be
concluded and contracts to be signed, the Directors consider that the revenue
for the year ending 31 December 2008 will be below market expectations.

The effect of this expected shortfall in revenue and the continuing strength of
the shekel, which is the currency in which most of the costs of the Company are
incurred, is expected to result in a larger loss before taxation for the year
ending 31 December 2008 than market expectations, although the Directors expect
that the Company will be profitable in the fourth quarter of the year ending 31
December 2008.

Muki Geller, chief executive officer of iPoint-media, commented:

"It is disappointing that due to reasons out of our control, we are seeing
longer lead times for new deals than we had previously expected and that this
will impact our results for the year. In the current economic climate, this
trend is not surprising, however, we remain focused and are pleased with
progress to date. The continued interest from major telecoms players evidences
the attraction of leading products such as our `Vitrage' video calling
platform."

                                    -Ends-                                     

ENQUIRIES:

iPoint-media plc                                                                                                                          
Muki Geller                                                +(0) 972 544 450 667
Gerald Raingold                                            +44 (0) 7798 915511                
                                                                               
John East & Partners Limited                               
                                                                               
David Worlidge                                             +44 (0) 20 7628 2200                 
Bidhi Bhoma                                                                    
                                                                               
St Helen's Capital plc
                                                                                                                   
Ruari McGirr                                               +44 (0) 20 7628 5582
Mark Anwyl                                                                     
                                                                               
Hansard Group                                              

Vikki Krause                                               +44 (0) 20 7245 1100                 



END

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