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Contract Win

15 Sep 2011 07:00

RNS Number : 2717O
Pursuit Dynamics PLC
15 September 2011
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ο»Ώ

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

This information is provided by RNS
The company news service from the London Stock Exchange
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END
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CNTDKQDBDBKBQCD
Date   Source Headline
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