OxLoc Board Change

10th August 2005

OxLoc today announced changes to its Board of Directors so as to support the Company’s rapid commercial progress of its novel, battery-powered asset tracking technology. As of 1 st August 2005, Daniel Burnett, currently a non-executive director will become Non Executive Chairman of OxLoc.

OxLoc Ltd

At the same time the company is pleased to announce the appointment of Dr Trevor Nicholls as a Non Executive Director.

Daniel will take over as interim Chairman from Rupert Dent who has stepped down to pursue his other growing business ventures and has been Chairman of the company since the formation of OxLoc as a spin out from Oxford University in 2001. Daniel has been a non-executive director of OxLoc since March 2004.

Trevor has over 20 year’s experience of building international businesses and has recently returned from the USA where he was Chief Commercial Officer for Affymetrix Inc. Prior to this from 1997 to 2002 he was CEO of Oxagen Ltd, another spin out from Oxford University. His experience and knowledge of early stage companies and their successful growth will be of major importance to the strategic direction and success of OxLoc.

“Rupert has played an important and significant part in the company, as we established our position in the fast growing market for location based services. I wish to thank him for his leadership of the Board over the last four years and we wish him well with his own new business venture” said Daniel Burnett

“OxLoc are positioned to capture a niche part of the rapidly growing Asset Tracking and Management market with GPS battery powered solutions with a 3 year operating life. Our products are now attracting sales and enquiries on a global basis and we are starting to build a global network of resellers” Commented Keith Dobson, CEO of OxLoc. “By strengthening the Board with Trevor’s commercial experience, we will be in a very strong position to manage the challenges arising from a fast growing company in new global markets”

Trevor Nicholls reported “I am delighted to be joining OxLoc at such an exciting time. I believe there are significant market opportunities from both existing and new customers and also with partners in the Oxloc Partnership Programme. OxLoc products will bring new possibilities and solutions to this growing business sector and I look forward to helping the company through a period of exciting and continuous growth.”

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