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.

Niels,

No they haven't announced that yet.

AIM stocks are taking a real pounding at the moment, hence today's fall.

Well, SEO is doing nicely :)

and aquilo up 24 odd percent today, oh happy days...

Yet another deal!

No indication of value, but at least the PDX brand is now being sold into the market place, which is probably more important for the longer run.

"30% saving on energy costs" is probably the pertinent feature of the unit, and will hopefully help sell further units within the brewing industry.

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Pursuit Dynamics wins licensing deal with Greene King unit
AFX


LONDON (AFX) - Pursuit Dynamics PLC, which has developed the PDX innovative fluid processing technology, said Greene King PLC unit Greene King Brewing Company Ltd, has licensed a PDX-47 system for installation within the cleaning in place ('CIP') system at its Bury St Edmunds brewery.

Greene King said energy savings of over 30 pct were found with this system compared to their existing CIP system.



newsdesk@afxnews.com

slm/

Morning Andy - great news to wake up to - but why have the punters also not woken up - very low volumns for yet another deal so soon after Campbells Soup

oakapples,

The whole AIM market is soft at the moment, and there's very little volume about in most stocks that I monitor, which is fairly normal for this time of year, "sell in May, buy in September" is the age old saying.

My take is that once again, there is an absence of any financial details to calculate the value of the deal. PDX would obviously say that is commercial confidentiality, and with good reason, but it doesn't help the investor.

Personally, it's good to see a couple of deals go through, and that has to be positive for PDX.

here's the announcement form the PDX website.

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24 May 2005

Greene King Brewing Company Ltd licences a PDX 47


Pursuit Dynamics plc, the developer of the PDX innovative fluid processing technology, is pleased to announce that Greene King Brewing Company Ltd. a wholly owned subsidiary of Greene King plc has licensed a PDX-47 system for installation within the cleaning in place ('CIP') system at its Bury St Edmunds brewery.

Greene King undertook an evaluation of the energy savings that accrue from the PDX system over several weeks. Energy savings in excess of 30% compared to their existing CIP system were demonstrated.

Commenting on the announcement, John Heathcote, Chief Executive of Pursuit, said:

'I am delighted to announce this agreement. The evaluation work conducted by Greene King, and their subsequent adoption of the PDX 47 system, demonstrates the energy saving benefits of the PDX fluid processing technology in a simultaneous heating and pumping role, conducted with no moving parts. This has implications for our PDX technology in a number of other industries. In addition to the successful completion of the CIP application with Greene King, we are also currently evaluating the PDX technology in another major UK brewery for use in the area of wort-boiling and commercial mashing-in trials are planned for later this year.


http://www.pursuitdynamics.com/news-detail.php?id=154

Yes, finally good to see the co announce the deals that were no secret from the market some 5 months ago!!!! Perhaps they were only sampling at the christmas period with these?? who knows??

It would of course be ideal to see the value of the deals and how big the orders are, as always time will tell and these will be in the results.

If for example a coca cola global deal was announced then i think the sp would take off from there.

I'm not a holder but i sure for one will be watching closely.

Well done all holders for sitting with this. Hopefully your patience will be rewarded.

legend,

Well not sure how you know this was known five months ago, I haven't heard about this before today.

And of course, not forgetting, Rooney Anand, the head of Greene King's Brewing Division is a non exec of PDX!

http://www.pursuitdynamics.com/board-members.php

Still, I'm sure he was brought onboard because he can see the potential here, and must have substantial contacts within the brewing industry, so should be good for PDX in the long run IMO.

It was in guardian i think and over bbs.

It was rumoured cadbury's which never materialised.

I personally thought there were no contracts and that someone was ramping up the sp. But slowly and surely the contracts are be announced.

It was probably the non exec director being part of gk that started the rumour who knows.

Totally agree that he will have contacts..

Contacts bring contracts so lets hope they also have someone on board who is a fire officer - that is the area I would like to also see take off.

Oakapples,

They have, Paul Grimwood!

http://www.pursuitdynamics.com/uploads/File/Fire.August.2004.pdf

The problem seems to be this share is fighting Cawkie and until he gets his fat backside off of it it will probably stay low.

is he still short cavman?? i thought he left this a long time ago..

He says that no talk of money on last deal and that he is still very bearish.
The trouble is when he has been sniffing around a stock and shorted it does seem to unsettle it for some time.
Been on the end of 2 of his shorts and lost some of my bloody profits because of him.

Well cavman2 your right its not nice, but every so often he prods in an illiquid stock and gets stung and has to buy the buggers back.

The thing is people follow him and as you know the market is a self fulfilling prophecy - people think it will go down and he makes it go down!!

I think he had a go at my toad not so long ago... look at the recent trading statement and the directors buying shares... hopefully he will have been stung.

Me woodie and goldfinger are the only ones on the board. Come and join us ticker TGP.

I keep watching this... they seem to be going up in the bear market... Hopefully they have more deals in the pipeline.

Looks like we need to be fed a little more good news as too many are taking profits

It seems that way. What do you make of the interims oakapples??

Only had a minute or so to look but that period would have taken Coca Cola into account wouldn`t it ? - if so income seems low - I am hoping that more contracts will quickly follow and particularly Firemist - 65 k sold before the bell - but I am staying

7th June 2005

Pursuit Dynamics plc ('Pursuit' or 'the Group')

Interim results for the six months ended 31 March 2005

Pursuit Dynamics plc, the developer of the PDX innovative fluid processing
technology, today announces its interim results for the six months ended 31
March 2005.

Key Highlights:

* Turnover of 39,612 (108,746 for the six months ended 31 March 2004)

* Loss after tax of 1,278,468

* Cash at 31 March 2005 of 2,061,164

* Launch of the PDX Sonic 25 in January 2005, representing a significant
milestone for the company

* Licenses signed with Campbell Grocery Products Ltd. and Greene King Brewing
Company Ltd.

* Confirmation of technical and commercial advantages of PDX Firemist
technology in live fire trials

Commenting on the results, John Heathcote, Chief Executive, said:

'For some time we have been investing in a number of key areas including R&D,
engineering and sales and marketing resource. This has opened up new
opportunities for the company and we are already seeing an increase in the
scale and breadth of the business. Following the recent launch of the PDX Sonic
25 in January this year, we have had strong interest from a number of companies
drawn from the food and drinks industries, reflecting a strong acceptance of
our technology.'

For additional information, please contact:

Pursuit Dynamics plc +44 1763 250 592

John Heathcote, Chief Executive

Gary Pyle, CFO

Capital MS&L +44 20 7307 5330

Steffan Williams/ Paula Crymble

The full results and report can be found here;

http://moneyam.uk-wire.com/cgi-bin/articles/20050607070000P204C.html