Acquisition

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/Suzanne Bartch tel: +44 (0) 20 7379 5151