Holding(s) in Company

    24 December 2007

                                   ParOS plc                                   

                    ("ParOS", "the Company" or "the Group")                    

                              Holding in Company                               

ParOS received notification on 21 December 2007 that on 14 December 2007
Imperial Innovations Group plc sold 5,000,000 Ordinary Shares, equivalent to
1.06 per cent. of the issued share capital of the Company. Imperial Innovations
Group plc continues to hold 21,778,847 Ordinary Shares, equivalent to 4.60 per
cent. of the issued share capital of ParOS.

Patrick McHugh, Chairman and CEO of ParOS plc, said:

`Imperial Innovations supported ParOS through its early stages and spin-out to
become an AIM quoted company. This support continues today as ParOS has an
important Pipeline Agreement with Imperial College which gives preferential
access to relevant technology developed at the College.

Imperial Innovations combines the activities of technology transfer, company
incubation and an early stage venture capital fund. Commercialisation of
technology arises through the establishment of new technology businesses (often
termed spin-outs) and commercial licences to industrial partners. ParOS is a
successful spin-out and this sale of founding shares will enable Imperial
Innovations to bring more companies through the early stages of their
development'.

Enquiries:

Patrick McHugh                                                    020 3008 8223
                                                                               
ParOS plc                                                                      
                                                                               
Simon Clements                                                    020 7628 2200
                                                                               
John East & Partners Limited                                                   
                                                                               
Mike Feltham                                                      020 7929 5599
                                                                               
Sqaure1 Consulting Limited                                                     

Background information on ParOS

ParOS advanced optimisation and control solution technologies have been
developed by a team, led by Chief Technology Officer, Professor Pistikopoulos,
at Imperial College's Centre for Process Systems Engineering, over the last 15
years. ParOS became a spin-out company from Imperial College in January 2002
providing energy saving advanced optimisation and control solutions to
industry. In March 2006 ParOS plc was admitted to trading on AIM with a view to
commercialising its existing technologies and to utilising its intellectual
property pipeline agreement with Imperial College. In October 2007 ParOS was
formally granted European Patent EP1399784 for the use of its parametric Model
Predictive Control ("MPC") technology.

Advanced control, referred to as MPC, is achieved by repeatedly solving
optimisation problems online to determine the best control action, given the
sensor measurements at any given time and a desired target value for these
measurements. Until now providing hardware and software applications to support
MPC has been expensive and time consuming. ParOS technology overcomes these
obstacles using parametric optimisation techniques to determine MPC solutions
offline that run online with low cost process controllers. ParOS' solutions are
currently installed in the Automotive (Active Valve Train and Van
Refrigeration) and the Process (Air Separation Systems) Industries.

For further information please visit www.parostech.com



END
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