LONDON (Alliance News) - Elektron Technology PLC Wednesday said it has launched a new 4000 series range of Bulgin Buccaneer power connectors, and it has been advised that the UK Intellectual Property Office plans to award a patent for the locking mechanism developed for its Bulgin Buccaneer 6000 series.
"The launch of the 4000 series further increases Bulgin's accessible market and builds on the recent success of the 6000 and 7000 series - demonstrating the group's commitment to investment in this key brand. The first Bulgin related patent to be granted for decades is an important milestone - demonstrating the success of investment in technical resources to enable continued Bulgin revenue growth," said Chief Executive Officer John Wilson in a statement.
Shares in Elektron Technology were untraded Wednesday at 6.65 pence.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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