What a fall! Previously well above 50p on the hope that their screens would revolutionise advertising....but whilst it looks a good product it requires careful manufacture and the investment has dropped away, it seems ( DYOR!).
However, it's surprising there is no-one interested (here), since Displays (if they become popular) will result in large sales - however, there is an alternative (leaving aside LED which is a bit grainy - although that could change if an led assembly was made to address the "large-screen" market). I don't know the name sadly, but it is being made in the US by someone like Ricoh - not an enormous player, but large enough...sorry don't know what their technology is either......(oops).
My fear with SCT is that the punters have got themselves excited too soon....if fresh funding is needed it will have to be at a discount to the recent 35p-ish....so I guess they'll go about 25p.....and consequently (uunless Directors chip-in) the Market price will follow for a while.
The funding is needed to make a faster manufacturing machine....the technology appears to be OK and they have some displays out on trial....can't say I was over-impressed, but maybe at 25p, it might be a buying opportunity. At recent c.70p I was wary and whilst it is nice to support technology, it can hurt and this has been demonstrated although somewhat unexpected even by a cynic like me!
. If there is a snag it's two: this new technology could eclipse SCT on size -- - since SCT is fixed as a multiple of 15" "laptop" screens, this is a worry as consumers demand larger screens and once the market moves-on SCT could find sourcing expensive...although now that is a distant issue only. Being fixed as a multiple of 15" is fine.....but if the "new tech" screen was just 10% bigger it would beat SCT into a cocked-hat for "attention" and SCT still has a feint "tiling" effect to master. (DYOR, it may be 16").
I don't hold for the reasons stated, but I might at the right price...it's easy to pay too much...I usually do!

September 2007
SCREEN TECHNOLOGY UNVEILS 200" ITRANS SUPER SCREEN

The latest development in the unique ITrans Modular technology is an impressive 200 diagonal screen.

Built using 24 ITrans Modules this screen shows the true flexibility of ITrans technology, not only when it comes to size but also in terms of brightness, resolution and close up viewing quality.

The 200 screen works like any other ITrans system it is viewable in sunlight, it has full video quality and can be used for a variety of applications this is the beauty of ITrans.

ITrans Modular technology works by using a 34 diagonal cube made from 4 ITrans tiles which can then be stacked together to make displays in a variety of sizes and shapes (vertical or horizontal). ITrans also offers in excess of ten times the resolution of the comparably priced 6mm LED alternative.

The Company takes great pride in what is a milestone for the displays industry, a breakthrough for size, brightness and resolution combination and needs to be seen to be truly appreciated.

CEO of Screen Technology, Tom Jarman, comments, We are thrilled to have created a genuine and compelling world first in large displays, which has made a real impact on the industry today.

Never before has a screen which is sunlight readable, viewable near or far and available in such large, or small, sizes been available. We see a huge market for this breakthrough technology, especially as all industries continue to demand more from digital signage.

The screen has been showcased to leading industry players in display hardware, advertising, key end users, analysts and investors, with a very positive response. The Company is currently signing up partners, at both OEM and distribution level and has further demonstrations and open days arranged.

To see ITrans Modular technology for yourself please contact the sales team at Screen Technology for a demonstration.

http://www.screentechnology.com/ITransSuperScreen.php

Level 2 is positive at 2 v 1 with just LAND still on the 2.50 pence offer. All trades delayed in reporting by 2 hours. A few buys have come through again building from yesterday at prices of 2.33-2.50 pence.

2.25-2.75 pence, up on the offer. Level 2 is still positive at 2 v 1. IMO bottom has happened and should see some rises in coming days. Delayed buys should come through in 2 hours!

2.50-2.75 pence, L2 is 1 v 1, up on the bid.

Level 2 has improved and is 2 v 1 now. WINS joined KBC on the bid. Fair few delayed buys should be coming in 2 hours!

Good size buy for 200,000 shares has come through at 2.33 pence from two hours ago. That's what moved LAND to move up to the 2.75 pence offer.

Someone on iii has stated that one can only buy 5,000 shares online now. Very interesting that and could hint at a large acquirer at these prices.

Good volume today. L2 closed positive at 2 v 1. May see good rises in the coming days IMO.

The Venture Capital firm MTI Partners look set to be in for the long haul (they've mentioned the 2012 Olympics in August 2005 which is a few years away yet) and should provide additional funding through to the year end and the company should be able to support itself next year with strong sales intended as announced. They have backed the company so far with millions at the 50-60 pence prices and holding just under a 50% stake. The below comment was from MTI Partners when the AIM Admission happened in August 2005.

Ernie Richardson, Chief Executive of MTI Partners, said :

"MTI is delighted to be able to continue to support Screen Technology. The
Company is one of a number of investments in our portfolio with the potential
to offer exceptional returns. The markets for high performance displays are
immense, with endless opportunities such as the 2012 Olympics on the horizon.
ITrans(R) has the potential to make a very substantial impact. This funding
provides the resources to scale up production to meet that demand and produce a
very exciting growth company. We congratulate the Screen Technology team on
their achievement in bringing this compelling technology to market."

Ernie Richardson has got a place on the board of Screen Technology. That is good and will ensure that the correct steps are taken to take the company forward.



Developer of large high resolution displays

Screen Technology is a developer of technology for large displays. The companys technology is designed to enable the manufacture of scalable large-screen video displays of a 40-inch diagonal or greater. More specifically, the companys technology is tiled to create a seamless image, is based on low cost LCD panels, and enables bigger continuous display surfaces than any direct view technology.

Ernie Richardson serves as a member of the companys board of directors.

http://www.mtifirms.com/Portfolio_Technology.aspx

August 2007SCREEN TECHNOLOGY's Italian manufacturing partner, Hantarex, has created a world first - a 1.7mm pixel pitch, modular display

THEY SAID THIS COULDNT BE DONE!

This cant be done unless you are using ITrans from Screen Technology. Italian manufacturing partner, Hantarex, has created a world first - a 1.7mm pixel pitch, modular display offering unparalleled resolution, even close up, which is sunlight viewable (including full video) and completely scaleable.



The display pictured is configured at 125" but because it is completely scaleable you can achieve almost any shape or size you like. ITrans offers unparalleled resolution and yet is significantly more competitive than the latest LED equivalent.

Pictured is Tom Jarman (left), CEO of Screen Technology and Giacomo Taffelli, President of Hantarex.

MTI can invest at any stage of a companys growth cycle, and across all geographies. Its typical investment over the life of a portfolio company is 5m/$10m, an amount that is multiplied by our ability to lead a syndicate.

---------------------------------------------------------------------------------

IMO the above is another piece of encouraging news.

http://www.mtifirms.com/ourbusiness.aspx

Also encouraging that Tom Jarman (CEO of SCT) is a senior partner in MTI Partners.

Tom Jarman
Chief Executive Officer

Tom Jarman was appointed as CEO in April 2006. Tom is a Senior Partner at MTI, a leading early stage technology VC, who has been a long time investor in Screen Technology. Tom has been actively involved with Screen Technology as a Non-Executive Director since 2001 and is now dedicated full time to the business as CEO.


Tom qualified as a Chartered Engineer from Oxford and Cambridge Universities, and then spent ten years with Renishaw Metrology where he was responsible for introducing breakthrough optical and electro-mechanical products to world markets. His career has included spells as Development, Sales and Marketing Directors with various international technology businesses. Prior to joining MTI as a Venture Capitalist he was Managing Director of a leading retail technology business where he led substantial growth and returns for its venture capital backers.

Looking good. 2.50-3.00 pence, up on the offer. Level 2 is 2 v 2.

The below has appeared on Screen Technology's website today.

October 2007

HRH the Duke of York viewed an ITrans display recently as part of the opening of Shearlines new manufacturing facility for its subsidiary Hybrid Laser Tech.

Prince Andrew opened the 10,000 sq ft facility on the 26th September, at Screen Technologys main manufacturing partners site, where he viewed a demonstration of ITrans Modular technology as well as learning about how the unique ITrans tile works to provide bright and high resolution screens.

David Littlechild, chairman of Shearline commented, We were very proud to have His Royal Highness open our new facility, especially as he is the Special Representative for International Trade and Investment which gives us great credibility within the manufacturing industry which in turn benefits the reputation of our key customers, such as Screen Technology.

An ITrans Modular display made up of 4 modules (68 diagonally) was presented to HRH Prince Andrew at the facility in Ely, Cambridgeshire along with a demonstration of the tile technology and how an ITrans display fits together.

There was even discussion about the use of ITrans for royal purposes now that would be an unexpected outcome By Royal Appointment!


http://www.screentechnology.com/shearline.php

Decent size buy for 122,188 shares has come through at 2.84 pence from two hours ago. Level 2 is still 2 v 2.

Alot has been happening in the background since the results were announced last month. All of it has been posted here and expecting interest to continue picking up next week. After negative news for most of the year we will hopefully see some positive news on the horizon. It was pretty impressive to do a presentation to the Duke of York.

No lack of effort in getting some significant sales in 2008:

European demonstration tour
Screen Technology is currently demonstrating the capabilities of ITrans to purchasers throughout Europe.

ITrans at ISE 2007, Amsterdam, 30 January - 01 February 2007 (Stand B120)
Screen Technology demonstrated ITrans at the Intergrated Systems Europe Exhibition in Amsterdam from the 30th January to the 01st February 2007.

http://www.screentechnology.com/events_listing.php

Level 2 is still 2 v 2. IMO bottom confirmed at these levels.

After Close Tonight: British Bulls.

BUY-IF

2.7500
0.0000 0.00%

SCT
Screen Technology Group PLC
Daily Commentary

Our system posted a BUY-IF today. The previous SELL recommendation was made on 21.09.2007 (25) days ago, when the stock price was 8.5000. Since then SCT has fallen -67.65% .

A bullish pattern has developed and a BUY-IF alert is issued today.

http://www.britishbulls.com/StockPage.asp?CompanyTicker=SCT&MarketTicker=Industrials&TYP=S