XL TechGroup company TyraTech announces maiden Interim Results

26 September 2007

XL TechGroup, Inc. (AIM: XLT), the systematic architect and builder of an ongoing stream of high value new companies, advises that XL TechGroup company, TyraTech Inc. (AIM: TYR) (“TyraTech”), the pioneer of safer, effective and natural pesticide products, has today announced its maiden Interim Results for the six months to 30 June 2007.

In the first half of 2007, TyraTech's achievements have included:

• a successful IPO on AIM which raised gross proceeds of £25 million
• good progress in the development of TyraTech's own products, as well as those being developed by its strategic partners, which include Syngenta, Scott's Miracle-Gro and Kraft Foods
• receiving the first milestone in its partnership with Syngenta for the development of the lead all-natural active ingredient product for professional pest control operators
• Scott's Miracle-Gro made an option payment to negotiate an expanded relationship with TyraTech
• development of a new product area - “Natures Natural”, a fully sustainable horticultural and garden product that is intended to replace peat in growth or potting soil mixtures, which could generate revenue in the next few months

For full details of TyraTech's Interim Results, and for further information on the company, see www.tyratech.com.

Dr John Scott, CEO of XL TechGroup, commented on TyraTech's Interim Results:  "Since coming to AIM earlier this year, I am pleased to report that TyraTech has continued to make strong progress.  The Syngenta milestone payment is just the first in a series of key partner milestones that are expected to be met over the coming months, while TyraTech's technology platform has the ability to produce a number of new products.  We are committed and supportive shareholders, and I am confident that TyraTech will become an increasingly valuable asset in the XL TechGroup portfolio.”

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