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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.

gordon geko - 18 Jan 2006 09:43 - 761 of 1003

price looking fragile my money is fall toward 160p any negative news flow will
wipe that level out without massive sales improvement it will fail as many good ideas do

i have big short at 185p if you need to know

Confidant - 01 Feb 2006 10:56 - 762 of 1003

nice to see your making money gg. But more director buying suggests these uys know the real value of the Tyco deal, know that food achine orders are coming through.

Nothing says to me that this company is going down for any sustained period of time on CURRENT fundamentals or even the likely change of future newsflow

gordon geko - 07 Feb 2006 09:52 - 763 of 1003

said the price was fragile

Confidant - 07 Feb 2006 10:33 - 764 of 1003

....and more director buying on 3rd

Oakapples142 - 28 Jul 2006 10:02 - 765 of 1003

This BB has been very quiet but to-days news may be the start of something big.
My first and only 10 bagger could well be back up to 260p by Christmas

Andy - 29 Jul 2006 09:49 - 766 of 1003

Oakapples,

Looking at the chart, it looks on the verge of a potential breakout from the long term downtrend, IMO.

Andy - 29 Jul 2006 09:52 - 767 of 1003

Come on Oak, spread the good news, don't keep it to yourself!



Pursuit Dynamics PLC
28 July 2006


For immediate release, 28 July 2006



PURSUIT DYNAMICS plc

('Pursuit Dynamics' or 'the Company')

TYCO FIRE SUPPRESSION LICENCE UPDATE


Pursuit Dynamics, the developer and licenser of the innovative and patented PDX
(R) technology, which has applications across a broad range of industries, is
pleased to announce that its global exclusive licensee for its PDX FireMist(R)
fire suppression technology, Tyco Fire & Building Products ('Tyco') has provided
an update on progress.


Tyco has informed Pursuit Dynamics that it has met all of the initial milestones
specified in its licensing agreement with the Company. These include:


o Mechanical Property Testing. The primary objective of this task was to
review the configuration of the discharge nozzle to determine the ability to
apply standard spray nozzle mechanical tests to the device and this was
successfully accomplished.

o Component Acquisition. A complete, dedicated data acquisition system
capable of monitoring all nozzle input parameters (pressures, flowrates, and
temperatures) as well as a very large number of output parameters was procured,
assembled, and calibrated and successfully and accurately captured all of the
parameters desired.

o Target Hazards/Applications. A preliminary review of water mist
application categories and approval standards was undertaken and initial target
markets identified. The selected markets are characterized by strong growth
conditions, favorable environments for the deployment of new technology and
clearly identified unmet fire protection needs

o Target Customers. Two to three potential beta sites/applications have
been identified, and discussions intended to clarify functional and performance
requirements are ongoing. There has been significant interest in the technology
but initial commercialisation activities will be limited to those that represent
the fastest route to market combined with the greatest likelihood for similar
applications.


In addition, and outside the scope of the initial milestones, intermediate scale
testing by Tyco has been ongoing to develop empirical models relating nozzle
input parameters to fire suppression/extinguishing potential. This critical
activity will greatly facilitate the application of the technology to the
broadest number of applications.


Commenting on the update, John Heathcote, Pursuit Dynamics' Chief Executive,
said, 'Tyco's delivery of its initial milestone development obligations gives us
confidence that it is on track to meet subsequent milestones. We are delighted
that they are approaching the goal of commercialisation with as much enthusiasm
as we have and that our objective to get our technology to market as rapidly as
possible is shared. All of us at Pursuit Dynamics are looking forward to
continuing to work closely with Tyco.'


For further information on Pursuit Dynamics, please visit

www.pursuitdynamics.com
or contact:

John Heathcote, CEO Simon Hudson, Rachel Drysdale,
Gary Pyle, CFO Paul Dulieu
Pursuit Dynamics plc Tavistock Communications
Tel: +44 (0)1480 422050 +44 20 7920 3150 or 07966 477256



ABOUT PURSUIT DYNAMICS

Pursuit Dynamics plc owns, and is developing, a patented platform technology
with the potential to revolutionise manufacturing techniques across numerous
industries. The core technology is based on a gas driven, supersonic shockwave
that produces a controllable mixing, heating and flow rate. Pursuit Dynamics
operates as a research and development and licensing company and has already
proved the application of its system in the food industry.


Its PDX(R) Sonic fluid processing product, which is a highly efficient system
for use in the manufacture of prepared foods and soft drinks, was launched in
January 2005 and has been licensed to a number of leading industry players in
the EU, USA and Central America.


Other potential industry applications under development include applications for
waste treatment, brewing, pharmaceuticals, personal healthcare, on-line turbine
washing and oil and gas.


In addition to its almost universal applicability to process flow manufacturing
industries, the technology has been adapted to address the very large markets
for fire and explosion suppression. FireMist(R), Pursuit Dynamics' patented
product, the most effective of all commercially available water mist production
and distribution systems, can successfully extinguish Class A and B fires in
building and aircraft simulation fire tests. In December 2005, Pursuit granted
an exclusive global licence for FireMist to Tyco Fire & Building Products, a
division of Tyco International Ltd (NYSE: TYC; BSX: TYC), which is the world
leader in fire suppression.


In July 2005, Pursuit announced the signing of a one year contract with DARPA, a
US governmental defence research agency to use its PDX(R) Basilisk
decontamination system. The system has a number of applications for
disinfection, human and animal healthcare and in the defence industry,
principally in chemical and biological defence applications.


Pursuit Dynamics is headquartered in Huntingdon, UK and has a US office in
Darien, Connecticut. It is quoted on the AIM market of the London Stock Exchange
(ticker: PDX).


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

Confidant - 22 Sep 2006 09:14 - 768 of 1003

little annoucment on the Tyco firemist

1. Share marked up then immediately dumped underlines big istitutional seller remains

2. Overall announcement meaningless with exception of 1 line

"Evaluation of non-steam gaseous propellants has commenced"

Now that could be exciting news

Share price ---zzzzzzzzzzzzzzzzzz ---remains asleep

Goosy - 26 Sep 2006 16:52 - 769 of 1003

Confidiant
Hope youre right and the sp is having a longish nap

My concern is.........
the sp may be comatose and not asleep .......meaning it might never waken up .....and could die on us .......lets hope not

Confidant - 06 Oct 2006 07:46 - 770 of 1003

PDX trading statement worrying?

Now the company is playing up great increase in food sales BUT remember they bought in March a company called BPT Skerman that had a yearly turnover of 2.9m !!

Now they are jumping up and down about 6 months sales -- presumably incl 6 months sales of BPT --- of 1.4m

No mention of how many, if any, pumps they have sold !!

Sure rest of business looks great but is the food business going the way of, dare I say it, SEO?

Confidant - 06 Oct 2006 08:23 - 771 of 1003

down she goes

Now have a look at the level of dealing in PDX ytd and tell me this statement was not known. Stock exchange investigation --- don't make me laugh

Confidant - 06 Oct 2006 15:18 - 772 of 1003

30% of co changes hands today --- still an hour to go !!!!

Ultimate Cynic - 09 Oct 2006 12:01 - 773 of 1003

Picked up 10,000 shares @ 70.9p a share. Keeping an eye on the SP today. If it shows any sign of weakening I'm going to dump them. Simon Cawkwell reckons they have still much further to fall! He is not always right though, so I'm watching and waiting. Anybody else a bit nervous?
UC.

Ultimate Cynic - 10 Oct 2006 12:31 - 774 of 1003

Share falling again, so now closed the deal @ 73.14p for just around 200 profit.
I'm too afraid of trying to catch a falling knife as they say.
If it falls to a new low I shall be in again.
UC.

soul traders - 10 Oct 2006 14:49 - 775 of 1003

Afternoon all.

I don't wish to rain on anyone's parade if they're enjoying themselves with this stock, but after a quick look at the Interims before popping onto this thread and reading the last 14 posts, I have to ask (and Confidant beat me to the quote!), "does this not give the impression of tanking like SEO at the moment?"

Loss for full year likely to be 3 mil; only 10 mil net assets, market cap still an ambitious 37 mil. The only good point in the figures is that they have virtually no debt.

Then there is the outlook: "Sales pipeline of firm orders and outstanding customer-requested quotes currently stands at a multiple of first half turnover, confirming continued growth in line with expectations." This appeared encouraging at first sight, but turns out on reading the recent trading statement to be only 0.6 mil.

I like the company's products in principle, but am wary of too much jam tomorrow (having been rendered fairly cynical by six months of watching SEO). However, this could be a bargain in the making and I will continue to watch and read with interest.

WDIK, PDYOR, etc.

PS - UC, I think you're well advised to be wary of catching a falling knife. It would take solid good news to create a sustained rise in the SP and for my money it wouldn't be worth getting involved before that situation became a reality.

Ultimate Cynic - 11 Oct 2006 10:36 - 776 of 1003

Thanks, Soul Traders for confirming my own opinion at this time. I will stay on the sidelines and watch & wait like yourself. I too like the company's products which are revolutionary to say the least.
Regards, UC.

Oakapples142 - 21 Dec 2006 10:28 - 777 of 1003


Something is stiring this one again - not large buys but plenty of interest for a few days. Is an announcement on the way and what we see is a little perhaps local knowledge

Oakapples142 - 22 Dec 2006 10:40 - 778 of 1003


Just once in a while I try to believe what Newspapers say. Today its the turn of the Daily Express - "Talk of big contract for PDX"

Jumpin - 05 Jan 2007 18:13 - 779 of 1003

no thoughts on the nice moves lately?

Confidant - 08 Jan 2007 08:50 - 780 of 1003

no idea
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