iPoint-media plc (“iPoint-media”)

iPoint-media makes offer for All New Video plc (“ANV”)

iPoint-media and ANV operate within the same segment of the 3G services market and have been working together on a number of projects for mutual clients. The directors of both iPoint-media and ANV believe that there is a synergy between iPoint-media and ANV's offering, and that the enlarged group will provide a better value proposition to customers than separate offerings by each company.

The offer being made is 8 iPoint-media shares for every 63 ANV shares held. This offer represents a discount of approximately 10 per cent. to the closing price of 1p per ANV share on December 19, 2006, the last dealing day prior to the date of this announcement.

Muki Geller, Chief Executive of iPoint-media commented:

"This is an attractive opportunity for ANV and fits within its stated strategy of combining its business with another player engaged in the sector, with the intention of significantly accelerating its growth rate and improving its operating mass. The enlarged group would combine iPoint-media's successful platform with ANV's hosting capability while generating economies of scale for both businesses and benefits for both sets of shareholders."

David Atkins, Chief Executive of ANV commented:

"Given the slower than anticipated take-up of 3G and video-related services in the telecom sector world-wide, ANV’s directors have concluded that the offer from iPoint-media, which enables the shareholders of ANV to have a continuing equity interest in the enlarged group, while safeguarding the employment rights of ANV's experienced workforce, is the best option to promote the future success of the company."