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.

Well done with TES - must admit I was tempted but was rather too overloaded with "sport" stocks - I wish I wasn`t so loaded with "medicals" but live in hope !!

I found this on another BB.


http://elive.trafika.co.uk/cgi-bin/news.pl?action=display&id=4329ion=Features

Features - August 2, 2004

New process cuts cooking and cleaning time for sauce production by up to 95 per cent

A novel fluid handling system installed in a food companys pilot plant has reduced cooking time for sauces by up to 95 per cent and clean down time between batches by 80 per cent

Welcome Food Ingredients is leading UK-based manufacturer of prepared sauces and similar products. It has been working with Pursuit Dynamics to assess the efficiency of the PDX fluid handling system (EPE November 2003 p35) for cooking and mixing a variety of sauces and pastes.

As an example of the results from the pilot plant, a 60kg batch of sauce was mixed and cooked in just over three minutes, which compares with around one hour for conventional plant. Over 20 other products have been processed so far, including soups, sauces, stocks, and chutneys.

Alex Sutton, operations director at Welcome Food Ingredients, said: We are very impressed by the speed of the process and with the resulting product. Moreover, it may enable us to create new sauces, pastes and other products that cannot be manufactured commercially using conventional processes. The faster cooking and mixing, together with shorter changeover times, will make a significant difference to our business.

Aside from the faster mixing, heating and cooking, clean-down is also quicker and simpler because the PDX system has no moving parts, only steam injection via a series of nozzles. Cleaning is achieved in around five minutes by passing a cleaning solution through the system and injecting steam, thereby cleaning and sterilising the system and eliminating any risk of product cross-contamination. This easy, thorough cleaning also means that plant managers need not be concerned with the order in which recipes are prepared.

A further benefit of the PDX system is that all of the ingredients can be placed in the vessel together at the start of the process, eliminating the requirement to adhere to carefully timed recipe sheets. Nonetheless, if the recipe should call for it, powders and liquids can be sequentially entrained into the flow through the PDX device.

With no moving parts, the system is highly reliable and requires virtually no maintenance. Thanks to the significantly improved cooking and mixing process, energy consumption is substantially lower than processes relying on conventional technologies. Another advantage of the PDX system is that its small footprint makes it simple to retrofit to existing plant.

While the assessment was performed using a single PDX device with a 25mm bore, recirculating a batch at a rate in the order of 15 000l/hr, the system can readily be scaled up and down and/or converted to a continuous process where volumes demand it.

Stephen Mahon, commercial director at Pursuit Dynamics, was delighted: These results clearly demonstrate the processing efficiency of the system as well as its versatility. PDX is ideal for manufacturers of prepared foods who have to meet ever-tighter turnaround times, and who want a reliable system that is easy to clean.

In addition to the many process advantages of the system, taste and texture of the products also remain uncompromised.

Pursuit Dynamics PLC
03 August 2004


PURSUIT DYNAMICS PLC ('Pursuit' or 'the Company')
MARKETING UPDATE


Pursuit announces that, since June 2004, it has installed a number of pilot
plant and commercial evaluation programmes across a range of sectors throughout
Europe following its increased marketing effort. Ten PDX systems have been
installed in the food, dairy, paper, ice cream, beverage, paint, waste water and
brewing industries in France, Germany, Sweden and the UK. These ongoing pilot
plant and evaluation programmes are expected to result in adoption by the
companies involved if ultimately successful.

In addition, two global systems integrators are currently tendering PDX products
into international customers in the soft drinks industry as a major part of
their process solutions.

Furthermore the Company is currently constructing a dedicated pilot facility at
its headquarters in Royston, Hertfordshire. This plant is expected to reduce the
lead-time to adoption by a number of industries.

Currently Pursuit is recruiting a number of technical sales staff and process
engineers. This increased resource will allow the Company to augment its level
of business to coincide with a major advertising campaign in the food and
beverage industries, which commences in September. The Company is building a
significant inventory position in order to satisfy anticipated customer demand
going forward. The Company's expansion plans are proceeding to budget.

John Heathcote, Pursuit's CEO, commented: 'The past nine months of marketing
have exceeded our initial expectations of interest and demand in our PDX
technology from global companies within the target process industries. The pilot
plant and commercial evaluation programmes represent a major step towards
adoption of the PDX product. This gives us confidence that we will shortly see
the results of our marketing programme.'


* * ENDS * *


For further information contact:

John Heathcote CEO, Pursuit Tel: 01763 250592
Gary Pyle CFO, Pursuit Tel: 01763 250592

Matthew Robinson/
David Rae Durlacher Limited Tel: 020 7459 3600
Hugo de Salis St. Bride's 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: food and beverage; confectionery; paper
and pulp; brewing; wastewater; oil; personal healthcare; 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 listed on the Alternative Investment Market of the 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

Encouraging news which will hopefully halt the drift in SP. Also could be a flurry of contract news in next 3 to 4 months.

Keep your eye on PDX this week!

May be breaking out of the recent range.

I have long had faith in this one having gone in at 40p and as you say have been encouraged by the steady recent climb - one good contract will do it.

I am in with these guys, plenty of potential here me thinks.

Yes loooking good, although I would like to see a bit more volume to confirm the trend, but a nice rise nevertheless.

Good luck to all.

Nice tick up again today!

I reckon much more to come andy, some good press at the weekend. I think these have the potential to be massive, even from here.

legend,

Me too!

I have been to Royston, and seen this stuff working, and it was mighty impressive.

There is real potential here, make no mistake.

dealers saying that the cadburys deal will be announced imminently.

ssanebs,

yes it certainly looks as though something is up!

Volume is higher than average too, normally a good sign, IMHO!

Really ssanebs, I have heard rumours myself, but I don't like counting chickens. If a cadburys deal is announced, where do you see the price going from the news alone??

very difficult to price until you see the actual terms of the licence, and thats if they give the full terms. But they need to strike a major deal, which will show the product works.

up 4% in early trading.

Do we treat the announcement re press comments as negative ?

RNS says in discussions but no contacts awarded yet.

Sharp drop this morning. Anybody know why?

nope but given the high expectations, people flood in when there's chatter of an announcement.. - I think maybe T+10's / CFD's are closing..