PELHAM SLOANE HONORED WITH CES INNOVATIONS AWARD

All in One PC to be displayed at CES Innovations Booth

SOUTHPORT, CT - December 15, 2003 - Pelham Sloane Ltd. announced that its patented, flagship product, the PS 1500 all -in -one desktop personal computer, is an Innovations 2004 Design and Engineering Showcase winner in the Computer Hardware category at the 2004 Consumer Electronics Show (CES) to be held in January 2004 at the Las Vegas Convention Center in Las Vegas, Nevada.


"We are pleased to be honored, particularly since this is our debut at CES", said John Jensen, Chairman and Founder of Pelham Sloane. "CES provides a tremendous opportunity for Pelham Sloane to communicate to thousands of potential customers and partners as well as to analysts and journalists. This award will highlight the PS1500's distinguishing features and benefits."

The PS 1500 is being recognized for its innovative engineering and design. Ideal for locations where space is at a premium, the entire computer is integrated behind a flat -panel monitor and measures only 2 ¾" in depth. The efficient, small footprint fits into most spaces. Notwithstanding its small footprint, the PS1500 delivers maximum speed and memory for virtually any business or consumer purpose. Users have the choice of three processors - Intel® PentiumÒ 4 2.4GHz, Intel® CeleronÒ 1.8GHz, or VIA 1.0 C3Ô - with up to 1GB RAM and 120GB of hard disk storage. The PS1500 offers a wide range of options including, but not limited to, a touch screen, a wireless keyboard and mouse, internal wireless 802.11 b and g networking and a TV card. The PS 1500 can be built to order and can be mounted easily on a wall or an arm - providing flexibility and space efficiency. It is available with either the MicrosoftÒ WindowsÒ XP Professional or Home operating systems.

The Pelham Sloane PS 1500 will be showcased at the CES 2004 in the Innovations 2004 Silver Exhibits Booth #70311, at the Innovations Design and Engineering Tabletop Showcase, at the Tech Girl display in the Grand Lobby of the Las Vegas Convention Center and at Pelham Sloane's booth in the upper level of the South Tower (LVCC SO 3&4) Booth #23302F.

Pelham Sloane's products are available through its website http://www.pelhamsloane.com. The PS1500 is offered in several configurations starting at $1600. Privately held, Pelham Sloane is based in London, England; its U.S. headquarters is in Southport, Connecticut.


About Pelham Sloane
Pelham Sloane designs, manufactures and markets space -saving and energy efficient all -in -one personal computers. Their PS 1500 desktop PC utilizes a patented design that allows the computer to be integrated behind a flat -panel monitor. This innovation creates significant space and energy efficiency. Pelham Sloane computers combine flexibility, power and speed and provide the ultimate experience in desktop computing. For more information, call 203 -259 -4357 or visit http://www.pelhamsloane.com.

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NOTE TO EDITORS / REPORTERS: To arrange an interview at CES with John Jensen, Chairman and Founder of Pelham Sloane, please contact David Parmet of the Austin Lawrence Group at 203 -391 -3009 or at 914 -400 -4120 during the show.


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