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http://www.investegate.co.uk/Article.aspx?id=201012030917313291X MCB Finance GroupPLC Director/PDMR Shareholding RNS Number : 3291X MCB Finance Group PLC 03 December 2010 The Company has been notified that Rami Ryhänen, the Company's Chief Executive Officer, and Henry Nilert, the Company's Chief Financial Officer, yesterday bought 100,000 Ordinary Shares and 600,000 Ordinary Shares in the Company respectively at an average price of 9.19 pence per Ordinary Share. The beneficial interests of Mr Ryhänen and Mr Nilert are as follows following the share purchases described above. Director Number % Rami Ryhänen (*) 178,664 1.03 Henry Nilert (**) 1,211,952 6.97 * 78,664 held through Solotel Oy ** 558,619 held through Birch Holding Limited The Company was also notified yesterday that on 1 December 2010 Berenberg Balkan Baltikum sold 1,465,506 Ordinary Shares in the Company and therefore no longer has a notifiable interest in the Company.
http://www.investegate.co.uk/Article.aspx?id=201012030700123105X Ceramic Fuel Cells to sell up to 200 power and heating units to German energy company EWE. Ceramic Fuel Cells will generate revenue of up to 4.9 million Euros from the order over two years.
About ITN ITN is a leading producer of New Media, enabling audiences to stay in touch with news events wherever they are. The ITN website is the country's most successful commercial news site and provides content and services to third party platforms including interactive digital television. ITN was the first news organization in the world to deliver its own news service on WAP enabled mobile phones and it also supplies news on PDAs (personal digital assistants) and high speed ADSL (broadband) services. About GEO Interactive Media Group Ltd. Headquartered in Israel, GEO Interactive Media Group Ltd. is the leading provider of streaming video solutions over Wireless and IP networks. The company's patented Emblaze technology enables encoding and playback of live and on-demand video messages and content on any platform: PCs, PDAs, video cell phones, and TV. Founded in 1994, GEO is the only company in the world able to deliver an integrated commercial end-to-end solution for streaming video over 2G, 2.5G and 3G networks. From video servers to video chips, GEO's Emblaze technology offers a complete solution for ISPs, content providers, wireless carriers, and handset manufacturers. GEO's North American headquarters are located in New York City. Representative offices are maintained in London, Los Angeles, Seoul, and Tokyo. For more information about GEO and its Emblaze wireless solution, visit www.emblaze.com.
I have been trying to find out some information about this patent infringement case. There is certainly a lot of evidence out there showing that Emblaze were the inventers. It's even reported in a New York Business Wire report from 2000, so I wonder when we will know what's happening; http://www.highbeam.com/doc/1G1-68150855.html Business Editors/High-Tech Writers NEW YORK--(BUSINESS WIRE)--Dec. 18, 2000 GEO Interactive Media Group (LSE:GIM) today announced that it has entered into an agreement to conduct trials with the United Kingdom's leading news provider, ITN. Under the agreement announced today, ITN will stream its video reports to handheld wireless devices via MPEG-4 compliant clips -- using GEO's Emblaze(TM) Wireless technology. Further, ITN will provide live video feeds, as well as video-on-demand headlines, to customers chosen by GEO to participate in the trials. ITN is the UK's leading commercial news and information provider across all media platforms. The flagship website, www.itn.co.uk, is known for the quality of its coverage and its innovative use of multimedia in providing breaking news and analysis to the latest new media platforms, from digital television to wireless devices. Emblaze is a worldwide-patented technology that enables delivery of streaming media over Cellular, Telecom and IP networks. Emblaze uses advanced compression algorithms, fully compliant with MPEG-4, to create an IP-adapted media that can be played-back over mobile networks of any bandwidth to various hand-held devices and cellular handsets. Emblaze addresses all major platforms and is capable of delivering video over virtually any bandwidth -- ranging from as low as 9.6 Kbps for cellular phones up to 1.2 Mbps of xDSL lines, cable modems or broadband satellite transmissions. Commenting on today's agreement, Garron Baines, Managing Director, ITN New Media said, "ITN is pleased to be at the forefront of an exciting new development in the presentation of our news content to the increasingly significant mobile market. ITN's branded content is available across the full range of new media platforms which include mobile and interactive video-on-demand services." Eli Reifman, Chief Executive Officer of GEO Interactive Media Group Ltd, commented, "We are very excited to begin working with ITN and we believe that this relationship will result in a significant advance in the way news is delivered to people everywhere in a wireless world. We aim to demonstrate that GEO's integrated approach from servers to chips offers complete solutions for the entire range of commercial operations to content providers."
http://uk.reuters.com/article/idUKLDE6820TT20100903 UPDATE 2-Asseco to buy 51 pct of Israel's Formula Systems Fri Sep 3, 2010 2:29pm BST * To pay up to $145 mln for the stake * Deal to be completed by end of Nov * Asseco shares fell 0.2 pct to 55 zlotys, index up 0.62 pct * Emblaze shares up 15.5 pct at 53.7 p, index up 1.2 pct (Adds further details, Emblaze shares) WARSAW, Sept 3 (Reuters) - Asseco Poland ACPP.WA, Europe's number five software group, agreed to buy a 51 percent stake in Israeli IT firm Formula Systems (FORT.TA) from Emblaze Ltd (EBLZ.L) to expand into new markets, the Polish group said on Friday. The deal, worth up to $145 million, follows Asseco's buying spree locally and around Europe, which it used to more than double sales to nearly $1 billion in two years. Formula Systems provides IT services and proprietary software in several markets, including Israel, Canada, Japan and the United States. Emblaze, which bought its stake in the company in 2006, said it could not turn down an approach at a 43 percent premium to Formula's current market price, despite being satisfied with the company's performance. Shares in Emblaze, an Israeli firm listed in London, were 15.5 percent higher at 53.67 pence ($0.83) by 1254 GMT, having hit an orderbook high of 60 pence earlier. The FTSE All share index was up 1.22 percent. Emblaze said it would report a capital gain of about $35 million on the sale, which it would invest in its business and use to take advantage of opportunities in the market. Asseco said it would finance the deal with its own funds and from an existing credit line. Shares in Asseco fell 0.18 percent to 55 zlotys, while Warsaw's main index .WIG20 was up 0.62 percent. The Polish group has a market capitalisation of 4.3 billion zlotys ($1.5 billion). The company's increasingly diversified nature helped it weather the recent downturn. But concerns it would not deliver on lofty expectations longer term have pushed its shares 12 percent lower this year compared with a 3 percent rise on Warsaw's main index. The deal will be completed after an approval by Emblaze shareholders, who will meet to discuss it before the end of November. (Reporting by Adrian Krajewski and Pawel Bernat in Warsaw and Paul Sandle in London; Editing by Sharon Lindores) ($1=2.879 Zloty) ($1=.6465 Pound)
From "Digital Look" Date: Friday 08 Oct 2010 Israel-based technology company Emblaze’s UK subsidiary has won an appeal against the HMRC. The HMRC had withheld £8.8m of VAT repayments from a former subsidiary of the UK business. Emblaze was awarded costs but the HMRC still has the right to appeal. Emblaze says that after deducting costs and third parties’ share that it will receive net cash of $7m.
http://www.techeye.net/business/emblaze-sues-apple 02 Aug 2010 11:33 | by Mike Magee in Oxford | posted in Business Israeli company Emblaze has acted on the threat it made to Apple back in February this year and has started legal action against the Cupertino Kid. Emblaze owns a number of patents and is taking action against Apple for alleged infringement of US patent 6,389,473. The patent describes methods for real time broadcasting over networks like the internet. The company said it unveiled the patent in a live video streaming broadcast from the White House in Easter 1998. Apple, Emblaze alleges, sells products including HTTP live streaming standard technology that infringe several patents, including tech in the iPhone, the iPod and Quick Time X, part of the Snow Leopard operating system. Soon after Steve Jobs, Apple's CEO, said it would adopt HTTP live streaming standard technology, Emblaze contacted the firm and offered it a licence. But Apple doesn't want to take a licence. The case was filed in the US district court for the southern district of New York on the 28th of July last. Emblaze wants a jury trial and damages. Emblaze threatened Microsoft too in February.
Hardy Oil hails new gas discovery By BFN News | 08:45 AM | Wednesday 03 November, 2010 http://www.investegate.co.uk/InvArticle.aspx?id=158879
Also a small article, at a very big URL; http://tools.morningstar.co.uk/uk/stockreport/default.aspx?tab=3&vw=story&SecurityToken=0P00007Z4S]3]0]E0WWE$$ALL&Id=0P00007Z4S&lang=en-GB&LanguageId=en-GB&CurrencyId=GBP&ClientFund=0&lastPageURL=&IndexOverrideId=&IndexOverrideInvestmentType=&IndexOverrideLocalCategoryBaseCurrency=&story=121128815189020
Found this on http://morningstar.co.uk Regulatory News AbstractDate Type Story 01/11/2010 Corporate Action Issue of equity The company has completed a placing of 2.00m new Ords at a price of 30.0p per share for a total value of £0.60m. Application has been made to the LSE for the new Ords which are expected to be admitted to trading on AIM with effect from 5 November 2010 So if the price hits 60p, all those investors look to double their money on Friday !
Hello, I was just cruzing around the boards and noticed this huge increase in SP, and your question. I'm not in here but thought you might like to kow that an RNS came out today, stating this company's strategy going foward; http://www.investegate.co.uk/article.aspx?id=201011010700103222V Perhaps this has sparked all the interest. Also, since the US stock market has recently opened for the day, and the RNS points to some large US interests, the US may be hoovering up these shares. Kind Regards.
Not sure if this has any bearing on the SP but I came accross this; http://www.manchester.ac.uk/_contentlibrary/_vacancies/furtherparticularsmax10mbpdf,175625,en.pdf This is a job advert (starting on 1st October 2010) by Manchester Uni for a Research Associate to join their Nobel prize winning team who discovered Graphene. Background: Graphene, a single atom-thick graphite sheet, was first experimentally isolated by Dr Novoselov and Prof Geim of the Physics & Astronomy School at Manchester is 2004. The isolation of graphene, and subsequent experimental and theoretical exploration of its properties, has unquestionably been one of the most significant scientific developments of the past decade. We have reached a stage where we have a reasonably clear understanding of the physics of graphene, attention is now turning to the assembly of graphene in devices – exploiting the electronic or chemical properties of graphene. Reading through the "key responsibilities" section, there is the following one liner; "There is also input from the UK division of an industrial manufacturer of carbon-based materials (Morgan Electrical Carbon Ltd)." I have tried in vein to find any UK (or European) commercial manufacturer of Graphene, so I personally find this interesting. I will be keeping an eye on this one.