Recent news (were no RNS' for this)19 Aug 2010 09:36
RTS Becomes a Qualified Siemens Solution Partner - Automation (https://www.automation.siemens.com/mcms/solution-partner/en/home/Pages/Default.aspx)
01/06/2010
RTS Flexible Systems has entered into a strategic partnership with Siemens Industry Automation. As a certified Siemens Solution Automation Partner, RTS is now able to provide you with tailor-made solutions of outstanding quality
http://www.rts-group.com/news/1177_802_rts-becomes-a-qualified-siemens-solution-partner---automation.htm
RTS Life Science Announces New US Headquarters
09/08/2010
Manchester, UK (9 August, 2010) – RTS Life Science, a worldwide supplier of automated sample management and pharmaceutical testing systems, is pleased to announce new US Headquarters and the formation of ‘RTS Life Science LLC’. Following the acquisition earlier this year of Hatch Science, a Massachusetts based life science company, both products and services have now been successfully integrated into the Group.
RTS Life Science LLC is based just south of Boston and is headed up by Martin Schwalm, President and Larry Chin, VP of Sales, North America. With a US team of approximately 20 mechanical, electrical, software, sales and support staff and an impressive design engineering and manufacturing facility, RTS is now able to provide localized sales, engineering and support services to its US client base of sample management, biobanking and pharmaceutical testing customers.
Gary Walsh, CEO of RTS commented. “Our strategy is to strengthen our capabilities in the US which has always represented a substantial part of our business. We now have an extended localized team and have fully integrated our US operations into the business. Our principle objective is to support our customers efficiently and locally and continue to deliver the high standards of service and attention that has become a hallmark of RTS”.
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I think this is a decent share to invest in, £2m cash in bank for starters, break even, growth in revenue going on, but note it's only really liquid (due to small no of shares) around results time. Next results are expected in a few weeks (based on prior years).