INA Inova

RNS Number:8529Z                                    
Inova Holding PLC
09 July 2007



FOR IMMEDIATE RELEASE                                               9 July 2007

                              Inova Holding plc

                          PLACING TO RAISE Euro450,000



Inova Holding plc ("Inova" or "the Company") announces that it has today placed
a total of 3,600,000 new ordinary shares to a number of investors, including
Chief Executive Josef Kreidl, at Euro0.125 each to raise a total of Euro450,000.


As part of the placing, Josef Kreidl has bought 2,000,000 new shares, increasing
the total held by him and his family to 11,551,475 shares or 27.08 per cent of
the total shares in issue after the placing.


The new shares will be admitted to trading on AIM on Friday 13 July 2007.

END



Contacts

Rod Hoare, Chairman                           Tel: +44 (771) 4223452
Josef Kreidl, Chief Executive                 Tel: +49 (0) 8341 916265

Bankside Consultants                          Tel: +44 (0) 20 7367 8888
Simon Bloomfield or Steve Liebmann

Daniel Stewart and Company plc                Tel: +44 (0) 20 7776 6550
Alastair Cade



Background note

Established in 1997, Inova is involved in the electronics sector, in two
distinct areas, the first being the design and  manufacture of high-end and
modular embedded computers and the second being in multimedia, where Inova
designs and  manufactures infotainment systems for public transport. From this
base it has also developed an expanding Passenger  Infotainment business which
provides information and entertainment systems on public transport including
trains, trams  and buses. These systems are able to provide a single solution
for real time entertainment and news alongside passenger  information, on-board
monitoring of systems and CCTV. The business uses Inova's core embedded
computers and technology  as the basis of its system.

Inova is based in Germany with headquarters for Inova Computers GmbH (the
embedded computer business) in Kaufbeuren,  Bavaria, and Inova Multimedia (the
on-board Passenger Infotainment business) in Hildesheim, near Hannover. The
Group  also has offices in Austria, the USA, Switzerland, the UK and France.

The Group has established an international customer base with increasing sales
across both its Embedded Computing and  Passenger Infotainment business
segments.




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

END
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