Investment in Social Superstore

22 May 2014 Vela Technologies PLC ("Vela" or the "Company") Investment in The Social Superstore Limited ("Social Superstore") Vela Technologies, the investing company focussing on early stage and pre-IPOtechnology investments, is pleased to announce an investment of £100,000 in the£1m series B funding of The Social Superstore Limited, a social commerceplatform which is being built with a view to launch in Q4 2014, initially inthe UK. This funding, which is due for payment on or before 31 July 2014, willbe applied to building the back end of the platform and places a pre-moneyvaluation on The Social Superstore of £3m, giving Vela a 2.5 per cent.interest. The Social Superstore aims to allow consumers to blend and monetise their ownsocial networks, and provide trusted endorsements to their trusted networks ononline products and services. Vela believes that the social commerce space isone which has the potential to be monetised by consumers across a range ofsectors. For further information: Vela Technologies plcBrent Fitzpatrick, Non-Executive ChairmanAntony Laiker, Director 07802 262443 ZAI Corporate Finance, Nomad 020 7060 2220Peter Trevelyan-Clark/Tim Cofman/Wei Wang Hume Capital Securities plc, Broker 020 3693 1470Jon Belliss Newgate Threadneedle 020 7653 9850Graham Herring/Heather Armstrong