Change of Name of Adviser

29 October 2012



TyraTech, Inc.

Change of Name of Adviser

TyraTech, Inc. (the "Company") announces that following the completion of the merger between Nplus1 Brewin LLP and Singer Capital Markets Limited, the name of the Company's Nominated Adviser and Joint Broker has changed to Nplus1 Singer Advisory LLP ("N+1 Singer") with immediate effect.

For further information, please contact:

TyraTech Inc.

Alan Reade, Executive Chairman Tel: +1 919 415 4310

Peter Jerome, Chief Financial Officer Tel: +1 919 415 4280

N+1 Singer, Nominated Adviser & Joint Broker

Aubrey Powell Tel: 020 3205 7500

Alex Wright

First Columbus LLP, Joint BrokerChris Crawford Tel: +44 20 3002 2070