Gores Technology Group, LLC Announces That Its Anker Unit Has Gone Public
December 23, 2004
Company Floats Shares on the Alternative Investments Market of the London Stock Exchange

Los Angeles, CA - December 23, 2004 -- Gores Technology Group, LLC ("Gores") today announced that its affiliate Anker Holdings, LLC has sold a majority of its stake in Anker B.V. ("Anker"), a company it acquired in February 2003 , and that Anker has had its shares admitted to trading on the Alternative Investments Market ("AIM") of London Stock Exchange plc. The shares commenced trading on December 23, 2004. Gores and other existing stakeholders continue to hold just under 50% of the shares of Anker upon completion of the transaction.

"The floatation is strategically significant to both Anker and Gores," said Alec E. Gores, chairman and founder of Gores Technology Group. "For Gores, it demonstrates our continued commitment to Anker and our ability to initiate and successfully complete a transaction in the European equity market. For Anker, it provides access to the capital markets necessary to aggressively pursue future growth opportunities."

Anker, a European provider of end to end Electronic Point of Sale ("EPOS") payment solutions to the retail and hospitality markets, sells integrated EPOS solutions including software, hardware, professional services and software and hardware maintenance. Anker is one of Western Europe's leading EPOS software suppliers and leading EPOS hardware providers.

John Foulkes Chief Executive Officer of Anker, said, "This is an exciting opportunity for Anker. We feel we are well placed to capitalise on the improved market conditions in the retail and hospitality sectors. Our extensive investment in OSCAR, coupled with ongoing market penetration as one of Western Europe's leading EPOS solutions providers, gives us confidence for the future."

Based in Bolton, Anker has a diverse customer base spread across five main sub-sectors. These sub-sectors are food retail, general merchandise, specialty retail, hospitality and leisure and ferry and cruise. Customers include: Servex, a Dutch railway retail and hospitality provider; Harrods a UK retailer, encompassing over 850 POS terminals in one site and Schlecker, one of Europe's largest drug store chains with approximately 13,300 stores and 26,000 POS terminals. Anker has 1250 staff, over 2000 customers and operates in 11 European countries. In 2003, Anker reported turnover of €170.9 million and restated EBITDA of €13.6 million after adjusting for discontinued operations, exceptional/restructuring and management charges.

Collins Stewart Limited is acting as both Nominated Adviser and Broker to Anker.

About Gores Technology Group, LLC

Gores Technology Group, LLC ("Gores") is a private investment firm focused on the technology and telecommunications sectors. Since 1987, Gores has amassed an enviable track record of successful investments within these sectors. The firm combines the seasoned M & A team of a traditional financial buyer with the operational expertise and detailed due diligence capabilities of a strategic buyer. Gores has a long standing record of creating sustainable value in its portfolio companies by focusing on customers and employees, supporting management with operational expertise and providing the capital required for growth. Headquartered in Los Angeles, California, Gores maintains offices in Boulder, Colorado; New York, New York; London, United Kingdom; and Zürich, Switzerland. For additional information, please visit www.gores.com.

About Anker

Anker is a pan-European EPoS solutions provider with sales operations in eleven countries. The Group has three operating regions, Europe Central, Europe West and Scandinavia. In addition, Anker also have distributors in a further 33 countries across Europe, Africa and the Middle East. These regions are supported by the central development of core software, hardware, manufacturing and marketing. Anker's structure allows the Group to operate either on a local country basis, or on a Europe-wide basis, depending on an individual retailer's needs. Anker also provides pan-European software support. For more information on Anker go to anker-systems.com.

For additional information, please contact:

Frank Stefanik
Gores Technology Group
310.209.3010

Mike Sitrick
Terry Fahn
Sitrick and Company
310.788.2850