FIPP
30 September 2010

Frontier IP Group Plc
("Frontier", "the Group" or "the Company")

Preliminary Announcement of results for the year ended 30 June 2010

Frontier IP Group plc is focused on the commercialisation of university IP

Key Points

• Encouraging progress over the year:
• • Successful launch of two dedicated venture funds to invest in spin-out opportunities from Robert Gordon University and the University of Dundee
  • Equity received in three spin-out companies from university partnerships - two from the University of Dundee and one from Robert Gordon University
  • In active discussions with potential new university partners
• Revenue from services of £142,000*
• Loss before tax of £326,000*
• Loss per share of 0.07p*
• Net assets per share as at 30 June 2010 of 0.48p*
• Cash balances as at 30 June 2010 of £330,000*
• Team to be strengthened by appointment of two new board directors to support growth plans
• Positive growth prospects

* prior year comparatives are not provided above since the Group was not formed until May 2009 when the Company acquired Frontier IP Limited by way of a reverse takeover.

Neil Crabb, Chairman, said:

"We have made encouraging progress during the past year, both with the launch of dedicated funds for our university partners and with the growth of our equity portfolio. Since the start of the new financial year, we have continued to build on this position, with the ongoing development of the pipeline of spin-outs with both university partners and the potential for other IP commercialisation funds.

The Group is also well placed to benefit from the opportunities to secure additional university partners. As research institutions across the UK seek to capitalise on their intellectual property, we are seeing growing demand for our services and we are in active discussions with a number of institutions. We remain very positive about growth prospects for the business."

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Download complete Preliminary Announcement of Results for the year ended 30 September 2010 here

Enquiries

Frontier IP Group plc
Neil Crabb, Chairman
T: 0131 220 9491

Biddicks
Katie Tzouliadis / Sophie Lane
T: 020 7448 1000

Arbuthnot Securities Limited
Tom Griffiths/Ed Groome
T: 020 7012 2000

Company website: www.frontierip.co.uk

ENDS