RNS from 08 October 2007 includes the following:
Oxford Catalysts, the leading catalyst innovator for clean fuels, is pleased to announce that it has entered into a memorandum of understanding (MOU) with a world-leading fast moving consumer goods (FMCG) multinational to explore the use of Oxford Catalysts' proprietary technology for Instant Steam.
Roy Lipski, Chief Executive of Oxford Catalysts said:
We are very excited about our Trigger Steam technology and the potential represented by the process we've embarked upon with this leading global consumer goods giant.
The possible uses of our technology are vast. We're confident that we have found a partner that is
ideally positioned to help us capitalise on its promise in a number of mass-market applications.
The Times Rumour of the Day had this to say today:
There is talk that more cleaning product suppliers and manufacturers are taking an interest in the instant steam products being developed by Oxford Catalysts. The Oxford University spin-off two weeks ago confirmed this pages rumour that it had signed an outline deal with a consumer giant to develop a spray can cleaner.
Theres an informative article at:
http://www.proactiveinvestors.co.uk/articles/art.php?OCG
I bought shares in this yesterday and its already showing a profit! Today the sp moved up 5% to 160-166p. I believe there's good potential here.