Petro Matad Share News (MATD)

Banking software firm Intelligent Environments said trading in the current year to date has been robust. The group said it has experienced strong demand from new and existing customers to launch platforms to attract and retain retail deposits online."Our strategy to develop a long term recurring revenue base has been very successful to date with customers increasingly signing up to a transactional based revenue model and this gives me confidence that 2009 will be another year of sustainable progress," said the group.A stronger sterling sent NAV at southern Europe leisure resort developer Dolphin Capital before and after deferred income tax liabilities to at 280p and 252p respectively, representing a decrease of 5% compared to 294p and 265p at end December. Pro-forma figures NAV following the Aristo Developers put option arrangement were 232p and 210p on a similar basis.Indian film maker Eros International has announced a record breaking India box office performance for of its first Marathi release "Me Shivaji Raje Bhosale Bol Toi". "Me Shivaji Raje Bhosale Bol Toi," which was released on 3 April 2009, has achieved a worldwide box office of over $4m which has surpassed all previous Marati language film releases, Eros said. LPA Group, which manufactures lighting, power and electronic systems, said output for the first half is down by 8.5% compared to a year ago due to the recession.While increased project activity is expected to offset any additional weakness in routine orders in the second half, output is still expected to be down for the year as a whole, the firm said.Mobile phone users in Argentina will now be able to access music, jokes and relationship advice through their handsets after content retailer Mobile Streams launched its first SMS subscription services in the South American country.Origo Resource Partners has lost almost $11m (£6.6m) on investments in six unlisted companies, although that's down to just two of them.The fair value of its stakes at the end of 2008 was put at $58.9m (£36m) versus a cost of $69.7m (£42.6m). It had net assets of $79.7m (£48.7m).Nigel Taylor has also announced his intention to step down as chairman of the China and India focused investment firm at the AGM to make way for Charles Wilkinson.Mongolian oil explorer Petro Matad is planning to drill up to three wells in the 2009 drill season, all likely to be on the Davsan Tolgoi prospect.The firm, which saw losses grow from $4.4m to $6.3m in 2008, said the mean unrisked prospective resources at Matad Block XX in the east of Mongolia totals 638 million barrels and the mean risked prospective resources 112 million barrels.Pentagon Protection has won a contract to supply portable x-ray equipment and other counter terrorist devices to a UK government department worth about £235,000. "As predicted, we are seeing an increase in demand for this type of advanced detection equipment," said John Wyatt, technical director of SDS Group, Pentagon's security division.Recycling and waste container maker Straight has bagged a deal to provide kitchen caddy food waste containers to more than 150,000 households in Hertfordshire for about £150,000. It's hoped this will encourage people to separate food waste for doorstep collection and composting.Construction services firm Interior Services said during the three months to 31 May 2009, it has secured around £40m worth of new work.Pharmaceutical firm Futura Medical said it has started the year to date well and is pleased with progress across its portfolio of product opportunities.Miner Sylvania Resources said it has increased its takeover offer for all the ordinary shares in Great Australian Resources. It will now offer 1 Sylvania share for every 12 Great Australian Resources shares. A month ago, it had offered 1 Sylvania Share for every 18 Great Australian Resources Shares.Medical device development company Aortech has won a deal to supply headers and lead insulation to an emerging neurostimulation company in the US. The non-excusive licensing deal includes $0.25m in combined up-front and milestone payments. The first product for commercial use is expected to roll off the production line in the latter part of 2010.Trading in oil and gas minnow Caspian Minerals has been suspended, pending publication of details of the acquisition of sizeable interests in onshore Russian oil and gas companies. Given that the cost of these acquisitions is substantially larger than the company's current stock market value, the PLUS market will be treating the deal as a reverse takeover.