Trading Statement

RNS Number:0779T
Eleksen Group PLC
16 March 2007


                               Eleksen Group plc

                          ("Eleksen" or the "Company")

                               Trading Statement



March 16 2007


Eleksen Group plc, which makes smart fabrics products used to control electronic
devices such as smartphones and MP3 players, today gives a trading update to the
market.

Following the company's recent commercial arrangements with major brands such as
Microsoft and Apple and current discussions with a number of other brands, the
Board remains confident that there are substantial opportunities for its
technology.

Management accounts for the year ended December 31, 2006, which are currently
undergoing audit review, indicate that revenues for the year are likely to be
around #3.5 million, closely in line with current market expectations and some
two and a half times greater than the #1.3 million reported for 2005.

Looking forward, however, the timing of converting opportunities to revenue
remains difficult to forecast.  The Board's present best estimates suggest that
forecasts of sales for 2007, whilst substantially above that achieved in 2006,
are materially less than current market forecasts. However, expectations are
that the level of marketing and product support costs going forward will be
lower, thereby reducing the impact of the lower revenue on pre-tax operating
figures.

The Company will report results for the year to December 31, 2006, on April 18
2007 and provide further guidance at that stage.


ENDS



For further information, please contact


Eleksen                                 08700 72 72 72
Robin Shephard, Chief Executive
Ted Bechman, Chief Financial Officer

Cubitt Consulting                       020 7367 5100
Michael Henman


About Eleksen

Eleksen's core technology, ElekTex(R), enables fabric to be programmed, creating
touch sensitive controls for a wide range of electronic devices.

Eleksen's initial focus is on wearables, such as soft MP3 controllers integrated
into outdoor jackets, rucksacks and suits; and on soft, fabric keyboards for
smartphones and PDAs. A wide range of other applications may exist including
solutions for the toy, industrial, military, automotive and healthcare markets.


Further information on the Group is available at www.eleksen.com






                      This information is provided by RNS
            The company news service from the London Stock Exchange

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