Gaming Realms Regulatory News (GMR)

2 Aug 2007 07:04

Pursuit Dynamics PLC02 August 2007 2 August 2007 Pursuit Dynamics PLC ("Pursuit Dynamics" or "the Company") FireMist Update Pursuit Dynamics PLC (AIM: PDX), the developer and exploiter of the PDX platformtechnology, is pleased to announce that it has received notification from TycoFire & Building Products ("TFBP") that the FireMist technology has met all therequirements of Factory Mutual ("FM") approval and that TFBP expects that itwill obtain formal FM approval for the overall fire suppression system in thenear future. Commenting on the current status of commercialization of the Pursuit Dynamicstechnology, David LeBlanc, Director of Engineered Systems for Tyco Fire andBuilding Products said: "As the world's largest manufacturer of fire protection products, TFBP is in aunique position to commercialize and promote new technologies, and pursue thesubmission and testing process needed to obtain third party approvals fromagencies such as Factory Mutual. Preparations for the initial launch of theFM-approved product in the Americas and Europe, as well as ongoing product lineexpansion, are well under way. We believe this technology represents asignificant advance in water based fire suppression." Commenting on the news from TFBP, John Heathcote, Chief Executive of PursuitDynamics said: "This announcement represents one of the most important landmarks in theCompany's history to date. We are delighted that our FireMist technology hasmet all the requirements of Factory Mutual approval and we look forward toworking with our partners, Tyco Fire & Building Products, on the launch of thisgroundbreaking product in the near future." -ends- For Further Information, please contact: Pursuit Dynamics John Heathcote, Chief Executive Tel: +44 1480 422050 Redleaf Communications Emma Kane / Paul Dulieu / Tom Newman Tel: +44 20 7822 0200 Notes to Editors •Pursuit Dynamics PLC (AIM: PDX) owns and commercialises the PDX fluid processing reactor whose benefits include significant reductions in energy usage, process acceleration and result enhancement for industries such as Food &Drink, Brewing, Fire Suppression, Decontamination and bioethanol production. •Pursuit Dynamics is headquartered in Huntingdon, UK and has an office in Norwalk, Connecticut, USA. Pursuit Processing Equipment, the processing equipment division of Pursuit Dynamics, operates from its own facility in Brooklands, Surrey, UK. For more than 100 years, Tyco Fire & Building Products has been a leader in water based fire protection and our commercialization of the Pursuit Dynamics technology continues this history of innovation. Tyco Fire & Building Products is a division of Tyco International Tyco International Ltd. (NYSE: TYC) which is a diversified, global company that provides vital products and services to customers in more than 60 countries. Tyco is a leading provider of security products and services, fire protection and detection products and services, valves and controls, and other industrial products. Tyco completed the spin-off of its healthcare and electronics businesses on June 29, 2007 and today has annual revenues of more than $18 billion and 115,000 employees. More informationon Tyco can be found at www.tyco.com. •Further information is available at the Company's website: www.pursuitdynamics.com •Publication quality photographs are available from Redleaf Communications. This information is provided by RNS The company news service from the London Stock Exchange