Further issue of equity

VIPERA PLC

("VIPERA" or "THE COMPANY")

Further issue of equity

Programme has now raised £1.7M

Total voting rights

Further to the announcement of the subscription to raise £1 million made on 17 February 2014, the Company has agreed to issue and allot a further 1,229,999 new Ordinary shares on the same terms, that is at 6p per share. This raises £73,800 before expenses. This issue and allotment is made to subscribers who had formerly committed to invest but had not completed all the necessary formalities by the 14 February 2014.

These new ordinary shares have now been allotted. Application will be made for such shares, which will rank pari passu with all existing ordinary shares to be admitted to trading on AIM, which is expected to be effective on 5 March 2014.

This now completes a programme which has raised a total of £1.7M alongside the acquisition of AC&D Srl in December 2013 to raise additional working capital for the Group to take advantage of the increasing opportunities for the Company in the European market and investing in additional senior sales staff, as well as to strengthen its balance sheet. In addition, as announced at that time, shareholders who had lent £563,000 to the company elected to convert those loans into equity, bringing the total strengthening of the balance sheet to over £2M.

Commenting on these transactions, Vipera Chief Executive Officer Marco Casartelli said: "There has been substantial demand from investors but we have now closed the programme which has been executed in December 2013 and February 2014 and the Board now has no current plans to allot further shares."

The issue of the Subscription shares does not give rise to any change in the holdings of the Directors of Vipera which are:

Ordinary shares:

† including family holdings †† including Neby & Jahrmann Srl

Warrants and Options:

† including family holdings †† including Neby & Jahrmann Srl

Following this issue of shares, the holdings of the Significant Shareholders (as defined under the AIM Rules for Companies) in the enlarged share capital of the Company, as far as the Company is aware, will be unchanged at

Total Voting Rights

For the purposes of the Financial Services Authority's Disclosure and Transparency Rules, the total number of Ordinary Shares in issue following the transactions announced today will be 190,632,837 with each Ordinary Share holding one voting right. There are no Ordinary Shares held in treasury.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure and Transparency Rules.

There are now 8,269,932 warrants and 8,020,000 options outstanding, representing 8.6% of the issued capital.

-Ends-

Notes to Editors

Vipera provides software and services to banks and financial institutions, primarily through its Motif platform, to enable mobile access to personal financial services. Additionally Vipera's software enables Government and corporate entities to allow their services and consumer transactions to take place on mobile platforms. All products within the Motif suite share market leading security models, a consumer friendly interface and support for different devices and languages.

Vipera's headquarters are in Milan and it listed on the London Stock Exchange (AIM: VIP.L). For further information, please visit www.vipera.com .