IDO Idmos

RNS Number:6056N
IDMoS plc
08 February 2008


For Immediate Release                                          8th February 2008


                           IDMoS plc (the "Company")

IDMoS plc (AIM: IDO) ('IDMoS' or the 'Group'), the specialist in disease
detection and monitoring technology, announces that market take up of its
products has been lower than expected in recent weeks, due in part to limited
commercialisation resources, and as a result the Directors expect the
performance of the business to fall significantly short of the market's current
expectations..

As a result the Company and its advisors have determined not to proceed with the
planned issue of 6.6 million shares to raise approximately �1.54 million net of
expenses as announced on 14th January 2008. Accordingly it is the intention to
withdraw the resolution from its planned extraordinary general meeting scheduled
for 11am today.

The Company is actively exploring other options for financing its working
capital requirements including a potential combination with a profitable,
privately held company with whom it has entered into serious early stage
discussions.

A further announcement will be made in due course.


For further information please contact:
IDMoS plc                                                        01382 598440
John Pool, Executive Chairman
Graham Lay, Chief Executive Officer

Buchanan Communications
Tim Anderson                                              +44 (0)207 466 5000
James Montgomerie                                         +44 (0)131 225 9864



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