Update

January 5, 2015

The Company's admission to AIM was cancelled on 31 December 2014.

Brian Scholfield, non-executive Chairman, commented:  "The Company had been in discussion with a third party prior to Christmas with a view to undertaking a reverse acquisition. The third party in question was prepared to outline their plans to Conexion with a view to producing a circular. Unfortunately the Company and the third party were unable to reach a binding commitment within the timeframes available to enable the Company to present the matter to shareholders for their consideration."

The Company will keep shareholders updated on developments via the website.

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