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Small caps round-up: Blinkx, Motive Television, Noventa

Fri, 18th Feb 2011 07:58

Video search engine specialist blinkx said its technology is slated to be available soon through the applications (apps) library of Boxee, the company that produces a box that finds shows and films on the internet and streams them to a television set.The blinkx app for Boxee gives users the ability to search across blinkx's index of more than 35 million hours of video on the web.Digital TV technology company Motive Television said Central European Media Enterprises is to extend its evaluation of Motive's "TV Anytime, Anywhere" technologies following a pilot test programme in Prague.Noventa, the supplier of tantalum concentrate to the consumer electronics industry, has completed the construction of its new interim comminution (crushing) circuit (ICC) ahead of schedule.Subject to testing and commissioning, the ICC should enable an increase in production of tantalum concentrate from its current annual rate of 50,000 lbs to a minimum of 200,000 lbs contained tantalum per annum by the middle of March 2011, bringing the company closer to cash flow break-even.Losses widened at fuel cell developer Ceramic Fuel Cells in the half year to December 31 as revenues fell on the back of reduced "one-off" sales. Pre-tax losses were $8.39m for the six months, slightly higher than the $8.34m deficit seen over the same period the previous year. Revenues fell to $927,000 from $1.47m.The company said that previous revenues, most of which was earned from utility partners in Germany, France and Britain, has been "one-off" in nature. In contrast, in the latest half year revenues were mostly from actual product sales.Profits for the full year are expected to be significantly ahead of market expectations at pipe and tubing specialist Tricorn . The company said trading in the second half of its financial year has remained strong, with demand from the Energy and Transport sectors especially vibrant.Trading in the second half remains challenging for Triad Group due to the uncertainty in macro economic conditions and the resulting impact on consumer spending. The company, which provides IT consultancy and solutions to private and public sector organisations, said cash management remains the board's top priority, and the company has taken significant cost reduction measures to align the cost base with anticipated levels of business.
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