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.

Sorry OA, i want pdx to fly too. It is a good company although I don't hold.

As always time will tell.

Legend

Thanks legend - nice move up this morning and now have a habit of rebounding from 184 ish rather than the previous 160 ish - I remain confident about this product and that the company have been working in the right direction setting up different sections etc. Imagine what would happen (world wide) if the "Fire fighting " appliance took off.

Totally agree, massive prospects. Would be a good story if it took off. As always time will tell.

Have you seen that da. ??!! They are now 4.30 odd!!

Regards

Legend

legend - I was having a really good day overall. Why did you go and spoil it with news of DA. - I had no idea. Sold them on 11 Jan at 170.37p having cleared a 12% profit. Isn`t it all fun !!!! S h one t.
Best regards

OA

If my sources are correct, 9 will be on the cards soon!!!!! They finished up 78 at 5.05!!! so quite a good day overall.

Rather than holding the stock, I have them on 25 per point!!! If it gets to 6-6.50 I think I will close out totally of the position. I took slight profits yesterday.... Wish I had kept my initial 10k amout bought at 1.40 odd.

Sorry to be a doom merchant.. you made a return, thats the main thing.

Have a look CLOSELY at AN. (Alternative Networks) - again like da. a recent floatation... think it could well follow a similar pattern.

As always time will tell.

Keep Smiling

Legend

Well confirmation that progress is being made.

RT to "step down" once a suitable replacement has been found, I wonder why?

Augurs well for a good 2006 IMHO.
-----------------------------------------------------------------------------

Pursuit Dynamics sees 1st Sonic system sales soon
AFX


LONDON (AFX) - Pursuit Dynamics PLC said it expects to announce the first sales of the Sonic system shortly.

In a statement given at today's AGM, CEO John Heathcote said formal rollout of the Sonic 25, a fully integrated, skid-mounted system capable of processing liquid foods, is expected to take place in the United States later this year, probably in the autumn.

Chairman Ron Trenter also announced at today's AGM that he intends to step down from the board once a suitable replacement had been appointed.

Heathcote said the rollout of the Sonic 25 in January 2005 and the signing of distributors in Spain and France in February, in addition to existing UK distributors, have given the group the sales platform needed to impact the food processing market.

Following successful live fire trials in Sweden at the end of 2004, the group also said it is actively seeking to license its FireMist fire suppression system to a significant global partner during 2005 in order to access the fixed and mobile fire suppression markets.

In addition, the US Department of Defense's Naval Research Laboratory in Washington has invited the company to trial the FireMist system aboard ex-USS Shadwell in Mobile Bay, Alabama, this summer.

Heathcote said the company is also working to meet demand for staff. It is incorporating Pursuit Dynamics in Delaware. It is also in discussion with a number of distributors in the United States and expects to have a North American-wide sales, distribution and support system in place during 2005.

newsdesk@afxnews.com

Not Jh but Ron Trenter Andy... I hope for investors sakes that promises will be delivered.

Well you may only get one shot at it, but to get the opportunity to demonstrate the Firemist to the US defense dept. is a big one if successful. Also and I quote " We have
also recently installed the first PDX evaluation circuit with a customer in the
United States."
Well as someone said on the other side just hoping that may be Coke US LOL

legend,

Cheers, oops! post corrected!

Is something brewing?

Mines a large scotch

Glad to see someone is still upright (for now at least!. I was beginning to think everyone had keeled over in shock at the sp flying!

Up they go... well done all holders for having some cahonies!!!

Hope it continues...

I am told that Investec have issued some lengthy doc. on PDX obviously a positive note, and I dont have a copy. But believe there are some comments on iii board.

mikeran,

for a 24P rise, on no news, (not yet at least), it must have been some document!

Certainly must Andrew!!! I am not a holder but would sure as hell like to know who that customer in the us is that pdx is testing on.... anyone for coke??!!

I am watching with interest...

Independent 17/03

Pursuit Dynamics is another "blue sky" stock, which offers investors untold riches if it can put into practice its technology. Its shares jumped 24p to 211p as Investec Securities urged clients to pile into group. The broker described it as "one of the most tantalising investment opportunities that we have come across in recent years".

The company says it has a unique brand of technology for the food and drinks industry and Investec believes that if the company is able to deliver on its promises its shares will, in the broker's words, "be worth considerably more than their current valuation".

The next 12 months are crucial for Pursuit. After more than fours years of research and development, the group's first commercial product was launched in January. Investec hopes Pursuitwill announce the first commercial orders within the next quarter or two

Times 17/03

Pursuit Dynamics put on 24p to 211p as Investec Securities said the licensing vehicle may be worth 419p, citing the promise of first commercial orders within the next six months.

mikeran,

Held up well amidst a sea of red today!

Mention in today's shares mag, p37. Interesting suggestion that contract news may be imminent, according to an Investment Manager at Wilson King, who is quoted as saying:

"The companys expertise has caught
the attention of potential customers. Contract
negotiations can be time-consuming but it
looks as if there could be some news in
pipeline. The shares have also benefited from
the appointment of a new broker, Investec
Securities, which has communicated the story
to investors well. Hold."