15 Sep 2011 07:00
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Pursuit Dynamics PLC
("PDX" or "the Company")
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PDX announces food contract
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PDX is pleased to announce a contract win to supply a PDX fully-integrated food system to one of Europe's leading food producers. The producer, which manufactures some of the UK's best-known food brands, is a returning customer.
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The contract is worth approximately Β£400,000, with the revenue being recognised in stage payments over the next three months.Β
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This contract demonstrates the growing strength of PDX's offering in the food and beverage sector and our ability to deliver process and energy efficiencies to large-scale producers.
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Commenting on the contract, Roel Pieper, CEO of PDX, said:
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"This contract demonstrates the value of PDX technology to the food and beverages market, and the success that Heinz-Juergen Kroner (General Manager, Brewing and Food) and his team are having in establishing PDX's offering in this sector."
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- Ends -
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For Further Information, please contact:
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Pursuit Dynamics PLC | |
Roel Pieper, CEO | Tel: +44 (0)1480 422050 |
Richard Webster, CFO | |
Financial Dynamics | |
Marc Cohen Rose Oddy | Tel: +44 (0) 20 7831 3113 |
Cenkos Securities | |
Ian Soanes Max Hartley | Tel: +44 (0)20 7397 8924 |
Mirabaud Securities | |
Rory Scott | Tel: +44 (0) 20 7878 3360 |
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About PDX
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- PDX (AIM: PDX) owns and commercialises the PDX Atomiser and Reactor
technologies that enable significant reductions in energy usage, process acceleration and result enhancement for a wide range of industrial processes and applications.
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- The PDX business model is currently organised into five Lines of Business
Biofuels; Brewing, Food and Beverages; Public Health and Decontamination;
Industrial Licensing; Water.
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- PDX is headquartered in Huntingdon with an office in London,
Schaffhausen, Denver and Connecticut.
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- Further information is available at the Company's website: www.pdx.bizΒ
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- Publication quality photographs are available from FD
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