Pursuit Dynamics plc is a UK based research and development company, which was founded in 2000 to develop and commercialise a revolutionary pumping and propulsion technology. Pursuit Dynamics (symbol: PDX) was listed on the Alternative Investment Market of the London Stock Exchange in May 2001.



PDX 25 Sonic.

The PDX Technology is a steam-based system that has applications in both pumping and marine propulsion. It is cheap to manufacture, extremely robust, contains no moving parts and is virtually impossible to block. Pursuit Dynamics owns 100% of the Intellectual Property Rights that surround the PDX Technology.



Pursuit Dynamics is now working towards the commercialisation of the technology it has developed.





Corporate website : http://www.pursuitdynamics.com/


Pursuit are rumoured to be close to closing their first deals, which may be in the food processing industry.

Durlacher are new advisor .. say worth 1 50 on a DCF basis.

Seems to be a real head of steam building on this one.

dc,Alc,

Didn't like the double top, and if 70p doesn't act as support, I may take some corrective action and sell some to preserve capital. (IF/As soon as they turnaround I'll be back in again).

I know from bitter experience that 2 x 12.50 dealing costs are preferable to a 10p drop in the shareprice!

Shhhhhhhhh!

Andy but you did not sell I trust!

Good weekend coverage and some ...thoughts, shall I say? that this stock is bound for greatness!

Gausie,

I know!

Well what a day!

PDX bounced this morning, and I topped up, so PDX is far and away my largest holding.

You never know, good news could come at any time!

Well the good news came in the rNS yesterday, and PDX have surged through the 100p barrier, now standing at 105p mid.
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RNS Number:3311Q
Pursuit Dynamics PLC
01 October 2003


Pursuit Dynamics plc ("Pursuit" or "the Company") Water Industry Update


Pursuit Dynamics plc announces that trials carried out on its innovative PDX Technology by Sonico Ltd ("Sonico") have been successful. Following the satisfactory completion of the trials programme, and having reached the end of
the exclusivity period, Sonico requested the exclusive licence to utilise the technology for a number of applications within the wastewater industry. However,
Pursuit has received further expressions of interest relating to the use of the PDX Technology in the wastewater industry from other major companies within this sector. Consequently, the Board of Pursuit has rejected the request for an exclusive licence but remains in discussions with Sonico regarding the possible granting of non-exclusive licences for specific applications in the wastewater
industry.


In addition to the confectionery industry agreement that is currently in place, Pursuit is in active discussions with companies involved in the following industries: food, oil, dairy, nuclear decommissioning, brewing, chemicals, paint, pet food and defence.


Pursuit's CEO John Heathcote said: "The Sonico performance evaluation programme has proved the commercial potential of our technology in several wastewater applications. The current high level of interest evident from major
participants, both in the wastewater and other industries, allows us to be selective in the choice of partners who we feel have the capability to maximise the market penetration of the PDX Technology in the time-frame we require from
our licensees."


* * ENDS * *


Contacts:

John Heathcote CEO, Pursuit Tel: 01763 250592
Steve Mahon Comm Director, Pursuit Tel: 01763 250592

David Rae Durlacher Limited Tel: 020 7459 5715
Isabel Crossley St Brides Media & Finance Tel: 020 7242 4477


Notes to Editor:

* Pursuit has developed its PDX technology, which utilizes steam as the sole motive power in an innovative process device that at its simplest can be viewed as a pump with no moving parts that cannot be blocked.

* The PDX technology has many applications in both the industrial processing and marine propulsion markets. Pursuit is currently focused on its steam powered clear bore pumping system (the "PDX system") which can be used
in a wide range of industries including: confectionery; nuclear; oil; personal healthcare; food; paper and pulp; brewing; wastewater; defence; ballast water.

* The Company has invested heavily in its technology and is now actively pursuing the commercialisation of its applications.

* The PDX system replaces several devices in a process; consequently it offers a number of significant advantages, such as simpler processes, lower running costs and virtually no maintenance. Pursuit is pursuing a capital
efficient licensing based model that will enable industry leaders to exploit the PDX technology.

* Pursuit was listed on the AIM Market London Stock Exchange in May 2001.

* For further information, visit: www.pursuitdynamics.com.


This information is provided by RNS
The company news service from the London Stock Exchange
END

MSCUROKROORKORR

i think this will rocket very soon

yes

it rose when the managment eschewed a deal what will it do ( this month) when it does one?

Up 5% already this morning.

my my, you must have been up early ;o)

I'm not a full-time trader yet so I still have to get up before 10 :-)

dclinton,

Nice 15% rise today, and maybe a lot more to come yet!

I feel this story is just beginning...........

but, ..........THE TRAIN HAS DEFINATELY LEFT THE STATION!!!!!!!

Yep, along with GXN could boost me to full time trading :-)

dclinton,

Or retirement!!!

Not sure it's going to do quite that well!

:)

You never know!

PDX is accelerating down the tracks this morning, and glad I topped up again yesterday aftrnoon, already in profit with those, incredible!

GULP! 12% drop as I type.............

jfl - hope you held on.

Recovered faster than an antique chaise longue with laura ashley upholstery.

Pursuit Dynamics PLC
08 October 2003

8 October 2003

Pursuit Dynamics plc (the 'Company')

Additional Listing

Pursuit Dynamics plc announces that 250,000 new ordinary shares of 1p each (the
'New Ordinary Shares') have been issued and allotted following an exercise of
options by Numis Securities Limited pursuant to an option agreement dated 11 May
2001. The New Ordinary Shares were exercised at 50p per share, raising an
additional 125,000 of working capital for the Company.

Application has been made for the New Ordinary Shares, which will rank pari
passu with existing ordinary shares, to be admitted to trading on the AIM Market
of the London Stock Exchange, and admission is expected to take place at 8am on
Tuesday 14th October 2003.


Enquiries:

J Heathcote
CEO - Pursuit Dynamics plc 01763 250592

Gary Pyle
Finance Director - Pursuit Dynamics plc 01763 250592

Anthony Schia
Durlacher Limited 020 7459 5745



This information is provided by RNS
The company news service from the London Stock Exchange