Acquisition

Invensys PLC
03 May 2007


Acquisition


Invensys plc has announced the signing of a definitive merger agreement to
acquire Cimnet, Inc (OTC BB: CIMK), a Manufacturing Execution System ("MES")
software company based in Pennsylvania, USA.

Under the terms of the agreement, Invensys has agreed to pay US$ 2.43 per share,
equivalent to approximately US$ 24m on a debt/cash free basis. The agreement has
been approved by the Board of Cimnet and the parties anticipate completion of
the transaction within 60 - 90 days.

Completion is subject to certain customary conditions including Cimnet
stockholder approval. Stockholders representing approximately 51% of Cimnet's
outstanding shares have entered into voting agreements to support the merger.


Contacts:

Invensys plc  Steve Devany        tel: +44 (0) 20 7821 3758

Maitland      Emma Burdett        tel: +44 (0) 20 7379 5151
              Suzanne Bartch




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