ParOS Announcements

Paros PLC
30 November 2007

30 November 2007

ParOS plc

("ParOS" or the "Company")

ParOS appointed as External Consultant to a research programme to investigate
the behaviour of Multiple Unmanned Aerial Vehicles

ParOS, the AIM listed advanced control company, announces that Parametric
Optimization Solutions Limited ("POSL"), its UK subsidiary, has been appointed
as an external consultant to a research programme investigating the performance
and dynamic behaviour of Multiple Unmanned Aerial Vehicles.

The research commenced on 29 November 2007 at The Centre for Process Systems
Engineering at Imperial College. Cranfield University and Imperial College will
lead the three year research programme that started on 1 September 2007 funded
by a grant from the Engineering and Physical Sciences Research Council
("EPSRC").

POSL will receive consultancy fees of approximately £58,000 over a period of 36
months for providing professional services. In addition, POSL will receive a fee
of £6,000 for the provision of related software. Of the above revenue ParOS
expects to recognise £10,000 in its current financial year.

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

'This EPSRC funded research keeps ParOS at the forefront of technical
applications of advanced control. Multiple unmanned aerial vehicles have the
potential to enable cost effective, safe, sustainable and environmentally
responsible energy systems for the future'.
For Enquiries:

ParOS
Patrick McHugh, Chairman and CEO Tel: 020 3008 8223

Square1 Consulting Limited
Mike Feltham Tel: 020 7929 5599

Background information on the 'Guaranteed Performance of Dynamic Behaviour of
Multiple Unmanned Aerial Vehicles ("MUAV")' research programme.

Recent technological developments have generated a broad interest in the use of
MUAV. Their underlying potential is recognized by several authorities including
the United States government which is investing over $10 billion between 2002 to
2010 in MUAV. Civil applications involve grid searching for mining, oil
exploration, surveillance and reconnaissance for traffic control, rescue
missions, fire extinction, identifications of hazardous materials, oceanographic
and geological surveys, marine and border inspection. Military applications
entail similar tasks such as target recognition, forward-deployed offensive
missions, information gathering and communications. The main thrust of the '
Guaranteed Performance of Dynamic Behaviour of MAUV' research programme is to
develop a rigorous, analytical framework that determines in detail the number
and characteristics of the vehicles, the interactions between the vehicles and
their embedded guidance and control schemes. This framework will be used to
predict MUAV behaviour in two multi-task mission scenarios and to assess the
resulting performance through simulations and ground vehicle experiments.

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. In October 2007 ParOS was formally granted European Patent EP1399784 for
the use of its parametric Model Predictive Control ("MPC") technology. 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.

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

Background information on the Defence Academy at Cranfield University

Cranfield University's campus at the Defence Academy in Shrivenham is Europe's
largest centre for education and research in defence technology; it has six
departments. The Department of Aerospace, Power and Sensors at Shrivenham is a
broad based aerospace department with groups covering aeromechanics, power and
propulsion (both thermal and electric), control and guidance and sensors.

For further information please visit www.dcmt.cranfield.ac.uk

Background information on Centre for Process Systems Engineering ("CPSE")

The CPSE is a multi-disciplinary research centre involving Imperial College
London and UCL and based in the Imperial College campus. Its research is
relevant to the process industries including the oil and gas, petrochemicals,
pharmaceuticals, and fine chemicals, polymers, food and beverage and consumer
goods sectors.

For further information please visit
www.imperial.ac.uk/centreforprocesssystemsengineering

Ends
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