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Pnu Power DC100 Data Centre Installation Co-operative Financial Services will be installing the first three Pnu Power DC100 units to protect the IT facilities at the Pyramid Building in Stockport. Energetix Group plc, (AIM: EGX), which develops and commercialises alternative and efficient energy products,, is pleased to announce that its subsidiary Energetix Pnu Power Limited ("the Company") has today entered into a agreement with Co-operative Financial Services ("CFS") to supply three of their DC100 compressed air batteries as part of their live power backup system. This system will provide backup power to the data centre in the prestigious Cooperative Pyramid building in Stockport UK. As part of the terms of supply of this system CFS has agreed that the Company can use this installation for marketing; it will also provide a high profile demonstration site for the Pnu Power data centre solution which is both highly reliable and reduces energy costs and CO2 emissions. DC100's flexible backup time, high efficiency and low maintenance are key benefits of the design. Internal estimates by the Company suggest that a typical 2MW Data Centre could save more than £1.75 million of electricity over its 20 year life by installing the Pnu Power DC100 solution rather than a typical rotary system, and also reduce total CO2 emissions by over 90% over that period. To date, the Pnu Power product range has been sold in to the telecommunications and grid switching markets with systems in the 2 to 20kW range. This installation at the Pyramid Building will increase the product range up to 300 kW and will be the first system deployed in the higher powered data centre market. Research has shown that the IT industry is responsible for around 2% of the world's carbon emissions and data centres are the fastest growing part of that footprint. In addition the industry is now highly focused on implementing solutions that will reduce energy expenses and carbon emissions associated with data centre operations. It is predicted that, the investment in greener data centres will experience rapid growth over the next five years, increasing from $7.5 billion in global revenue to $41.4 billion by 2015, representing 28% of the total data centre market.

http://www.investegate.co.uk/Article.aspx?id=201106030700127929H

John Wall, Chairman of Proton Power, commented: "Proton Power is pleased to report a positive year in which turnover increased by 237% to £718,000. We have seen a general shift in the attitude of automotive manufacturers and governments which are increasingly recognising the importance of supporting the growth of a hydrogen infrastructure. During the year, Proton Power has been working closely with our partners and has received funding from them to help develop the most efficient roadmap for delivering battery and fuel cell solutions to the German electric mobility market.

Financial Results Proton Power Systems plc (AIM:PPS), the designer, developer and producer of fuel cells and fuel cell electric hybrid systems, today announces its Preliminary Results for the year ended 31 December 2010. Highlights: · Turnover increased by 273% to £718,000 (2009: £193,000) · Secured €6,480,000 of new funding from convertible loans (2009: £3,930,000) · Loss: £3,018,000 (2009 Loss: £4,888,000) · Convertible loan facility was extended to €7.56 million of which €6.34 million has been drawn down · Successful trial results of fuel cell range extender, developed with Smith Electric Vehicles ("SEV") · Awarded grant funding worth €9.2 million from the National Innovation Programme ("NIP") · Triple Hybrid Bus with Skoda Electric in the Czech Republic upgraded with new system based on the latest PM200 stack fuel cell stack

http://www.investegate.co.uk/Article.aspx?id=201106030700127953H

2011 Exploration Update Uranium Resources plc, the AIM listed uranium exploration company, is pleased to announce that it has commenced its 2011 drilling programme at its flagship Mtonya project in southern Tanzania. The discovery-focussed drilling programme for Mtonya has been designed after extensive analysis of the results from the 2010 campaign and will cover areas with known surface mineralisation, as well as testing the areas with strong blind mineralisation potential. The Mtonya programme will comprise 21 holes for a total of 6,850m ranging in depth between 300m and 350m and covering an area 2km by 4km. This programme will target the most favourable strata for roll front mineralisation identified in the course of the 2010 drilling, with its objective being to: 1. intercept the mineralised roll-front and determine the extent and tenor of uraniferous mineralisation; and 2. test the mineralised beds along strike and establish the geometry of mineralisation.

http://www.investegate.co.uk/Article.aspx?id=201106030700127946H

Luis da Silva, Chief Executive of Afferro, commented: ""These results are highly encouraging and it is exciting to note that Nkout East exhibits similar geological and mineralisation characteristics to the adjacent Nkout Centre anomaly. The project continues at pace having more than doubled drilling since the maiden resource statement in February with an additional four rigs expected within three months."

Afferro Mining Inc. ("Afferro" or the "Company"), the TSX-V / AIM (AFF) listed exploration and development company with iron ore projects in Cameroon and Liberia, is pleased to announce an update on its Nkout project in southern Cameroon. Highlights · High grade intercepts warrant additional drilling to evaluate potential direct shipping ore ("DSO") · Two weathered banded iron formation ("BIF") units well defined in 2.4km of strike · 500 million tonne exploration target previously set at Nkout East · Updated mineral resource statement for Nkout project expected this month

http://www.investegate.co.uk/Article.aspx?id=201106030700137973H

Alan Aubrey, Chief Executive of IP Group, said: "A number of the Group's portfolio businesses have made excellent recent progress towards achieving key commercial milestones. This proposed equity raise will enable the Group to maintain or increase stakes in these post-seed opportunities whilst also increasing its overall rate of investment. Strengthening the balance sheet in this way provides the Group with greater flexibility to lead investment rounds whilst decreasing its reliance on external capital, thereby ensuring that we are able to maintain significant minority stakes in the most promising opportunities. We remain confident that our strategy will generate significant long-term returns for shareholders".

AT 50 PENCE PER NEW ORDINARY SHARE IP Group plc (LSE: IPO) ("IP Group" or the "Company" or "Group"), the developer of intellectual property based businesses, is pleased to announce a proposed Placing and Open Offer of 110 million New Ordinary Shares at the Issue Price of 50 pence per New Ordinary Share, raising gross proceeds of £55 million (approximately £53.3 million net of expenses). Numis Securities Limited ("Numis Securities") is acting as sponsor, broker, underwriter and financial adviser. Highlights £55 million (gross) raised in order to: § increase the Group's overall rate of investment into its portfolio; § enable the Group to maintain or increase its stakes through subsequent financing rounds in those post-seed investment opportunities (typically businesses which have received some level of further funding from co-investors external to the Group) which the Board considers to be the most promising; § provide the Group with greater flexibility to lead subsequent investment rounds in existing and future post-seed companies, decreasing its reliance on external capital and allowing it to maintain significant minority equity stakes with a view to increasing returns; and § continue to expand the Group's access to, and provide capital to enable the development of, technology originating from its partner universities or other research intensive institutions (including, where appropriate, through the establishment of new partnerships or other collaborative relationships with such institutions). The Issue Price represents approximately 6 per cent. discount to the closing middle-market price of 53.25 pence per Ordinary Share on 2 June 2011 (being the last business day prior to date of announcement).

http://www.investegate.co.uk/Article.aspx?id=201106030700138098H

Frank Martin, Chief Executive of Hornby, commented, " The business is in great shape. We are delighted that we have secured the worldwide licence for a range of Star Wars Scalextric products. As the films are converted into 3D format by Lucasfilm over the next few years, we anticipate that we will get an encouraging reaction to our new range of speeder bikes and X-wing fighters. We also have high hopes for our products associated with the new Disney/Pixar movie "Cars2" and have also secured the exclusive worldwide Master Toy licence rights to a new children's animated TV series 'Olly the Little White Van' which will soon be launched on ITV. " Our range of London 2012 merchandise is now gathering real momentum. As we approach a year to go to the games, we are seeing a significant increase in sales. We are also benefiting from the increased distribution coverage. " The team is very pleased that our supply chain is now delivering. Our major suppliers are working well and we are confident that they will support our growth ambitions in the UK and our overseas markets. " Looking ahead, Hornby is in an excellent position. This is a very exciting time for us with the imminent launch of new products. The new licence wins have presented us with an outstanding opportunity to appeal to a new generation of hobbyists and represents a major opportunity for us to grow our business and deliver significant value for our shareholders."

HORNBY UNVEILS WORLDWIDE STAR WARS LICENCE AS LONDON 2012 MERCHANDISE SALES GATHER PACE Hornby Plc ("Hornby"), the international hobby products group, has today announced its results for the year ended 31 March 2011. Hornby owns a number of model railway and slot car brands, Airfix models, Humbrol paints and Corgi die cast models. · Turnover for the year down 1% to £63.4 million (2010: £63.9 million) · Net debt £6.1 million (2010: £3.2 million) · Underlying profit before tax* of £4.4 million (2010: £5.7 million) · Reported profit before tax of £4.1 million (2010: £5.2 million) · Statutory basic earnings per share 7.50p (2010: 9.76p) · Total dividend of 5.0p per share (2010: 5.0p) · Sales of London 2012 merchandise accelerating · New licence wins including Star Wars and Disney Pixar's 'Cars 2'

http://www.investegate.co.uk/Article.aspx?id=201106030700107715H

May Gurney, the outsourcer that sees two thirds of its revenues from the public sector, is cautious. The company expects a fall of 10% in revenues this year for its core highways division which represents 40% of its total revenue as the cuts begin to bite. The shares still only yield about 3 per cent and sell on about ten times earnings. Hold for now; up with events, says the Times.

Trifast, which manufactures and distributes industrial fastenings and other components, issued better than expected full-year results. No payout was proposed, but the company hopes to “address” the yield this year. We would wade in now, before the company makes a firmer announcement on the matter, says the Independent.

Cloud computing can cover a range of services, but in general terms, it means putting a client’s data on third party servers with the information accessible through the internet. This takes out the costs of running data centres and much of the IT support for the customer. Iomart believes it has the kit to walk the walk, and yesterday’s full-year results backed that up with a seven-fold rise in pre-tax profits. Iomart’s shares trade on multiples of about 16 times forward earnings, making them well worthwhile given the growth prospects. Buy, says the Independent.

Wolseley was playing a very straight bat yesterday on the potential disposal of three UK builder’s merchants businesses. The story broke at the weekend and was responsible for a 3%-plus rise in the shares when the market opened on Tuesday. The shares have flattened off lately and sell on 12 times next financial year’s earnings. Hold for further signs of recovery, the Times says.