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Pursuit Dynamics - A British success story in the making? (PDX)     

Andy - 31 Aug 2003 11:58

Prlhead8.GIF

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.

pdxsonic.JPG

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.

pdx03.JPG

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

chart.asp?symb=uk%3Apdx&compidx=aaaaa%3A



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.

Andy - 01 Jan 2005 02:06 - 400 of 1003

Oakapples,

Well done!

To be honest I've been looking forward to 2005 as I think this will be PDX's year.

The Coca Cola deal started this recent uptrend, just imagine what a few sizeable deals will do!

Happy New Year to all PDXers!

legend290782 - 02 Jan 2005 11:40 - 401 of 1003

Happy New Year to all... Being the cautious individual that i am, i sold out the other day... purely and simply because i have made a fantastic return as I am sure many of you have... and I have another stock to put my money in that should do very well (i hope!!!) ;-)

I am sorry to leave you all but I may buy back if they drop back... but hopefully not for you long term committed guys that have stuck through this thick and thin.

This company is a very good company and the share is potentially moonbound.

Any readers on this bb, don't be put off by me selling - I sold out of asos at 14 and 40p!! and dart group at 1.80!!!

Andy - 02 Jan 2005 12:38 - 402 of 1003

legend,

It's not a profit until it's in the bank, so well done!

They may well retrace, as nothing goes up in a straight line, but not sure how far, because there is potentially lots of news in the pipeline IMHO, and results are just round the corner.

Personally I think that Firemist has the potential of a company maker in it's own right, and it has already been demostrated in a simulated aircraft fire at Cambridge Airport, and performed very well.

As human safety is paramount, PDX have a potential winner on their hands here. I can vouch for the firemist after having been soaked by it in their factory! The main benefit, apart from the excellent fire dousing performance, is the minute amount of water used in order to do it. VERY useful in aircraft, where space and weight are limited, as well as for the local fire brigade, whose tenders could be smaller and lighter, or they could use the existing tenders in fewer numbers!

Then we have the drink processing unit installed at Coca Cola, which COULD be installed at all their 450 sites worldwide if it performs to expectations.

Then we have food processing, which I believe will bear fruit soon, due to the fantastic performance of the unit installed in Nottinghamshire.

I wish you well in your new investment, but if I would still keep an eye open for PDX!

mikeran - 02 Jan 2005 12:42 - 403 of 1003

Andy,
Dont forget the launch of the 25 version on 12 Jan. and the official handover to Investec as housebrokers on Jan.14th. still lots of potential.

Andy - 02 Jan 2005 14:13 - 404 of 1003

mikeran,

Totally agree, I feel Q1 2005 will be an exciting time for PDX.

The word seems to be spreading!

here's a snippet from The Telegraph;

"Dealers attempted to guess which stocks would be tipped by the media in the new year. Some speculated that Pursuit Dynamics, a developer of steam-based fluids technology, could benefit from positive press. The shares rose 7 to an all-time high of 227p."

Full article : http://money.telegraph.co.uk/money/main.jhtml?xml=/money/2005/01/01/cxmktrep01.xml

legend290782 - 02 Jan 2005 16:19 - 405 of 1003

Don't worry Andy, I will be watching this one like a hawk!!!

mikeran - 04 Jan 2005 12:30 - 406 of 1003

Have just spoken with PDX Launch of PDX 25 is on 12th Jan. It is a closed launch ie Press/ and Investec will be involved in the launch. Closed means no Public. Results expected early FEb. Date of AGM TBN. all concerned ie Shareholders etc. will find out dates at the same time.

Andy - 05 Jan 2005 13:35 - 407 of 1003

Mike,

Thanks for the update, shame the public aren't being admitted, but I guess the guys with the large cheque books are more imoportant!

Bit of a retarcement last couple of says, maybe MM's trying to shake out a few before the launch?

After all, they MAY announce an order on launch date, that wouldn't surpise me at all.

AdieH - 05 Jan 2005 13:38 - 408 of 1003

Sitting tight it was to be expected this retracement, i'm happy to be holding until some real news...

sandrew64 - 05 Jan 2005 16:54 - 409 of 1003

Nice big buy at the end of the day(148K).

Andy - 05 Jan 2005 19:12 - 410 of 1003

sandrew64,

If it was a buy, it could have been delayed from earlier, and therefore could possibly be a sell, although I hope not.

Andy - 06 Jan 2005 15:06 - 411 of 1003

Plaudits to Zmar90 on another BB.
--------------------------------------

From today's edition of "Engineer Live" spreading the word amongst engineers:

Materials Handling January 6, 2005 0


Novel technology performs multiple roles in process industry applications

Most production processes rely on a multitude of pumps, mixers and heaters for their fluid handling needs. However, all this can now be carried out in one compact unit. John Heathcote and Mike Todman explain.

The process industry sets high demands on fluid handling systems. Pumping, heating, mixing and the entrainment of additional constituents to a process are traditionally achieved by using different kinds of equipment to perform a single task. However, an innovative new technology has the capability to carry out virtually any combination of these functions within one compact unit.

Known as the PDX system, it has no moving parts, is virtually impossible to block, is silent in operation, self-cleaning and intrinsically safe. Additional benefits of the system include being more energy-efficient than alternative technologies in many applications, and being virtually maintenance-free.

The PDX system is of parallel-bore construction and ideally configured for pipeline installation. It is driven by readily available steam and can be used with almost any process fluid, without the requirements of high pressure or high volume of steam involved.

Steam is injected into a flow via a novel series of annular nozzles, resulting in a transfer of energy to the process fluid. This energy can then be harnessed to control flow rates, mix, secondary entrain (gases, fluids and solids) and allow for heat transfer. These functions enable processing of the most demanding substances, including solids the same diameter as the bore of the system, and highly viscous materials. If required, intensity of the mixing action can be further increased, allowing maceration any soft fluids-based solids.

The PDX system is the result of a 4million development programme by Pursuit Dynamics. The company is confident that it benefit engineers across the process industry, and applications are already underway in a number of sectors food, confectionery, paper and pulp, sewerage and wastewater, brewing, oil, waste handling, and chemicals.

However, the potential of this system is not limited to those highlighted above - according to Pursuit Dynamics it is ideal for any industry that requires the handling of highly viscous, abrasive or chemically aggressive materials.

A wide range of models is available, with differing levels of processing power. A 63mm diameter unit can flow up to 100000litres/hour, and a 25mm diameter will comfortably operate between 2000 and 16000litres/hour.

The ability to provide a solution that can

be adapted to extreme variables is a central feature of the PDX's capability. The amount

of heat added to the flow can be varied from 4 to over 100. It also has the ability to use up to ten additional entrainment ports when multi-mixing or homogenising is required. These entrainment ports can handle solids, gases and fluids.

In addition, the unit does not require pressurisation; this is due to the low-pressure zone within the unit providing the suction necessary for efficient entrainment.

The 25mm system is only 350mm in length and the 47mm and 63mm systems are 460mm in length, allowing further savings over conventional equipment in terms of space.

Adoption drivers

The clear bore of the PDX unit, and the lack of moving parts, allows hard objects to pass straight through without clogging or blocking (whether they are an inherent element of the process or are accidentally present in the form of debris). The durability of this system means that ragging and impeller damage become problems of the past.

With the use of suitable liners or coatings the PDX unit is also impervious to damage from abrasive or aggressive substances. This functionality means that the PDX System is suited to processes that require CIP and SIP.

Individual PDX units can also achieve a considerable suction head, depending on the steam pressure applied, or use of multiple units in a series. The resulting increase in suction capability allows processing of highly viscous liquids, or enables lower viscosity liquids to be pumped to greater heights.

For continuous processes where the direct and indirect costs of downtown can be substantial, reliability of a system becomes a priority. With the absence of moving parts the PDX unit is inherently more reliable than conventional pumps or other process equipment.

The clear bore also allows unobstructed passage for cleaning or inspection pigs (pipeline inspection gauges), with no dismantling required.

However, one of the biggest attractions of the PDX System is its versatility; not only can it be used to perform many different roles, but single units can also carry out multiple tasks concurrently. There are also clearly illustrated benefits available to users installing new plant or replacing existing devices, related to the systems simplicity.

John Heathcote is CEO of Pursuit Dynamics and Mike Todman is Chief Technical Officer. They can be contacted by email at johnheathcote@pursuitdynamics.com or miketodman@pursuitdynamics.com, tel +44 (0)1763 250 592. Pursuit Dynamics plc is currently looking for partners to licence or adopt this system, which the company can demonstrate at its headquarters in Royston or, with a

portable field unit, anywhere in the UK.

aimtrader - 09 Jan 2005 23:00 - 412 of 1003

I intend to add to my holding in the next few days!!!

Maybe a suprise around AGM time maybe???

cavman2 - 10 Jan 2005 00:01 - 413 of 1003

Lets hope so. It would most pleasing to see them at about 4.

Oakapples142 - 10 Jan 2005 14:30 - 414 of 1003

Any views on the rollout of the PDX Sonic 25 on Wed 12th Jan ? Just bought a few more at 211p

Andy - 10 Jan 2005 23:42 - 415 of 1003

Oakapples,

Well one would like the launch to be accompanied ny an order, we shll see.

ODX have been in their closed period, so maybe we will hear some news soon.

I personally deel the launch of the PDX Sonic 25 will be the catalyst for more interest in the company.

The market cap is close to 100 million, and if that level is breached, will come onto the radar screens of a significant number of large institutions that ignore market caps below this level.

Andy - 11 Jan 2005 15:01 - 416 of 1003

oakapples,

Small rise today.

Don't forget the PDX Sonic 25 launch tomorrow!

Hopefully we will see some decent press comment to accompany the launch, let's hope the new broker does his stuff.

Ted1 - 12 Jan 2005 08:24 - 417 of 1003

Pursuit Dynamics PLC
12 January 2005


Pursuit Dynamics plc ('Pursuit Dynamics' or 'Pursuit')

Product Launch

Pursuit Dynamics, the developer of the revolutionary PDX(R)? fluid processing
technology, will unveil the new PDX Sonic 25 to trade media and investor
audiences today.

The PDX Sonic 25 is a fully integrated, skid-mounted system capable of
processing liquid foods (soups, sauces, jams, fillings etc.) many times faster
and cheaper than alternative systems.

In addition, Pursuit has recently signed its first distribution agreement in the
UK with D.C. Norris & Company (Engineering) Ltd. This non-exclusive agreement
is the first stage of a planned international distribution network, which is
scheduled to be in place during 2005.

Pursuit is expecting to announce its preliminary results for the year ending 30
September 2004 on 7 February, 2005.


For additional information, please contact:

Pursuit Dynamics plc +44 1763 250 592
John Heathcote

Investec + 44 20 7597 5000
Rupert Krefting

Capital MS &L +44 20 7878 3242
Nick Lockwood


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



Oakapples142 - 12 Jan 2005 09:11 - 418 of 1003


Lots of small buys. I had hoped for a bit more of a rush particularly with the added news of involvement with D.C. Norris & Co. Lets hope for good reviews following the PDX Sonic 25 presentation. Any views on why it is to take over 4 months to announce preliminary results? They are not expected to be good so could it be that there will be another substantial contract announcement to coincide !!

EWRobson - 12 Jan 2005 10:06 - 419 of 1003

Having a good look at PDX on recommendation of my friends on SEO. A couple of questions: first, what is the pricing structure; in particular, is there a licensing arrangement as with SEO? Second, has there been a decent write-up in Shares - when or whenabouts?

SEO has just broken through its resistance level - may be last time to but at this level. Cap way behind PDX although they are further down the line.

Eric
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