Another risky one but with a new income stream things are looking up for Sun.
Why they did not perform better last year is anyones guess.
I suppose the big boys have been let down before but this time its different .
Take a look - long term holder.....

Surgical Innovations delivers major industrial order


Surgical Innovations Group plc (AIM: SUN), the designer and manufacturer of innovative surgical devices, is pleased to announce that it has now delivered the 616,000 order to one of its key industrial partners. The order, originally due for completion in December 2009, was delayed as a consequence of third party technical difficulties, which were resolved in March 2010. This is the largest single order the Group has received within its industrial division.

No big deal when you look at the numbers!
The wait continues butthey normally fall back from here!!

Press Release
28 May 2010




Surgical Innovations Group plc


("SI" or "the Group")


Surgical Innovations wins five year contract with Teleflex Medical


Surgical Innovations Group plc (AIM: SUN), the designer and manufacturer of innovative medical devices, is pleased to announce a five year worldwide contract with Teleflex Medical ("Teleflex"), the designer, manufacturer and distributor of medical devices for critical care and surgical applications. The substantial contract is for the production of articulating handles with bespoke laparoscopic instrumentation.



Building upon a previous relationship, Teleflex approached SI to develop new handle technology. The articulating reusable handles have been under development by Teleflex and SI for two years and the unique, flexible nature improves the ergonomics and ease of use for surgeons performing keyhole surgery. SI retains the full intellectual property rights for the devices, subject to the rights of Teleflex to utilise the IP in the sale of the devices pursuant to the Supply Agreement. The initial roll out of the technology will be throughout Europe with the potential for expansion into the US.



Commenting on the agreement, Graham Bowland, Chief Executive Officer of SI, said: "This order represents an important milestone for our OEM business. We have been working successfully with Teleflex for more than 10 years and we are delighted to continue this successful relationship. Our in-house design, prototype and manufacturing facilities allow us to develop new and improved technologies which can be used by Teleflex to provide their surgeons with an innovative, cost effective laparoscopic device. We look forward to continuing our collaboration with Teleflex as we strive to develop new technologies to help surgeons perform less invasive surgeries."



- Ends -

Even the PM has gone to see SUN at work.......

http://www.google.com/hostednews/ukpress/article/ALeqM5j65bbcMYGSUOcAabLYWXgiWfXtYg

Surgical Innovations Group plc
("SI" or "the Group")
FDA Approval for Logi Flex

Surgical Innovations Group plc (AIM:SUN), the designer and manufacturer of
innovative medical devices, is pleased to announce that it is has received
510(k) clearance from the US Food and Drug Administration ("FDA") for its Logi
Flex device.
This clearance permits the use of Logi Flex in the US market for both gastric
band deployment and other associated bariatric procedures.
Logi Flex is a Resposable articulating instrument which combines both reusable
and disposable elements - the insert is single use and the handle is reusable -
to offer surgeons a high quality and cost effective solution.
The device has a sterile insert which allows surgeons to fix gastric bands
around the top of a patient's stomach. It also has a unique slot design which
provides a positive grip on the suture allowing the band to be pulled into
position with the minimum of inconvenience.
It is estimated that 250,000 anti-obesity procedures are performed annually in
the US where obesity affects more than 60 million people, representing the
second largest cause of preventable death.
Graham Bowland, Chief Executive Officer of the Group, said: "We are delighted to
be able to announce this approval which will see the pioneering device now being
sold into the US. The majority of surgical instruments in the US are single
use; however with growing financial constraints being placed on hospital
budgets, procurement managers are continuously looking for cost effective
instrumentation and Logi Flex offers the ideal high quality, cost effective
solution."

All this good news will be reflected in the SP sooner or later!!

Results next Tuesday - I'm not too excited!

They should be good !!

Nar 1, on what do you base your comments ?

Pumben, They are always good

great to see some in depth analysis there....

not that i'm going to add anything more constructive than "am crossing fingers"

Interim Results.

Financial highlights

Revenue increased by 79% to 3.57 million (H1 2009: 1.99 million)

Operating profit increased by 234% to 781,000 (H1 2009: 234,000)

Net cash of 888,000 generated from operating activities

Pre-tax profit increased by 256% to 766,000 (H1 2009: 215,000)

Basic earnings per share of 0.18p (H1 2009: 0.05p)

skinny you forgot cancellation of share premium account with a view to be able to pay dividends in the future - lol

Not bad results

Hmmm - looks like 5p bid may be finally - cleared.

Another reasonable move / volume today. I dug out my original buy details from March 2000 @6.75. I might even break even at some point!

You did better than me, Skinny. I paid 7.25p for my first lot on March 23, 2000. But I've been a steady buyer ever since and my average price is 4.25. I've found that these tend to disappoint around results time. Prelims are due in April. Must make a note to keep a close watch.

According to my old spread sheet, I bought on March 21st. On the same spreadsheet are other gems such as :-Atlantic Caspian @10p, Reflec @4p (although sold in the 30s)
Auther Shaw (are you sure) @between 1p and 15p. Ultrasis @45p and ADVFN @30p.

hey ho!

The sun has got his hat on - highest since 2007 wow..... things are looking up.

RNS Number : 4836Z

Surgical Innovations Group PLC

14 January 2011


For immediate release 14 January 2011

Surgical Innovations Group plc

("SI" or "the Group")

Trading update

Surgical Innovations Group plc (AIM:SUN), the designer and manufacturer of innovative medical devices, today announces an update on trading for the year ended 31 December 2010.

SI continued to trade well in the second half of 2010 and early indications for the full year are that the Group has performed in line with market expectations.

Graham Bowland, Chief Executive Officer, said: "SI made good progress in 2010 with its Resposable(R) products and OEM business, while continuing to grow its own branded products. The Group benefits from a strong underlying business and we are cautiously optimistic going forward with a number of additional larger OEM prospects in the pipeline for the year ending 31 December 2011. However these contracts can take longer to materialise and are not guaranteed. The board will keep shareholders updated. "

Preliminary results for the year to 31 December 2010 are due to be released on Tuesday 19 April 2011.

- Ends -