More good news...10 Jan 2006 14:24
GME - Global Marine Energy plc, ('GME'), the oilfield services business, announces that its US-based subsidiary, Patriot Mechanical Handling Inc, ('PMH') has today issued a trading update, on the USA OTC market.
It stated that order intake since taking control of the UK and SE Asia assets of GME on Sept. 19th has exceeded US$7.4 million.
Paul Findlay, President and CEO of PMH, stated:
'We are very pleased with the orders won and are confident that our order pipeline will continue to grow. The repeat orders from China, Mexico and Brazil represent votes of confidence in PMH's products and engineering.
We remain confident that we will meet our sales objectives for our fiscal year, which ends in March 2006.'