Gaming Realms Regulatory News (GMR)

11 Oct 2005 10:06

Pursuit Dynamics PLC11 October 2005 11 October 2005 PURSUIT DYNAMICS PLC FIRST REPEAT ORDER WON Pursuit Dynamics plc ("Pursuit"), the developer and licensor of the innovative and patented PDX technology, announces today that it has won the first repeatorder for its PDX Sonic food processing system. The order, placed by a recent licensee through Pursuit's distributor, BPT (Skerman) Ltd, is from a leading UK food manufacturer of well-known brands. The PDX system ordered by the customeris a Sonic 25 with a number of customised options. The terms of the licence are not being disclosed for reasons of the client's commercial sensitivity. Commenting on the order, John Heathcote, Pursuit's Chief Executive, said:"Signing our first repeat order is an important milestone in the growingacceptance of the PDX Sonic in the food industry. The launch of the Sonic in theUSA later this month should generate a lot of interest but we can already seeclear signs of accelerating interest from the food industry both in the UK andabroad. We believe that there is an overwhelming case for general adoption ofthe PDX technology by the food industry and that our systems will become theindustry standard in the years ahead." For further information please visit www.pursuitdynamics.com or contact: John Heathcote, Simon Hudson/Richard Sunderland/Chief Executive Rachel DrysdalePursuit Dynamics plc Tavistock CommunicationsTel: +44 (0)1763 250592 Tel: +44 (0)20 7920 3150 NOTES TO EDITORS Pursuit Dynamics plc owns, and is developing, a patented platform technologywith the potential to revolutionise manufacturing techniques across numerousindustries. Pursuit Dynamics operates as a research and development andlicensing company and has already proved the application of its system in thefood industry. Its PDX(R) Sonic fluid processing product, which is the most efficient systemavailable for the manufacture of prepared foods was launched in January 2005 andhas been licensed to a number of leading industry players including the CampbellSoup Company, Premier Foods plc, Geest Ltd and Greene King plc. Other industry applications under development include applications forpharmaceuticals, waste and water treatment, defence, brewing, cooling, oil,dairy and pulp and paper. In addition to its almost universal applicability to process flow manufacturingindustries, the technology has been adapted to address the very large marketsfor fire and explosion suppression. FireMist(R), Pursuit Dynamics' patentedproduct, the most effective of all commercially available water mist productionand distribution systems, can successfully extinguish Class A and B fires inbuilding and aircraft simulation fire tests. In July 2005, PDX announced the signing of a one year contract with DARPA, a USgovernmental defence research agency to use its PDX(R) Basilisk decontaminationsystem. The system has a number of applications for disinfection, human andanimal healthcare and in the defence industry, principally in chemical andbiological warfare applications. The core technology is based on a steam-driven supersonic shockwave producingcontrollable mixing, heating and flow rates. The device, contained in onecompact unit has no moving parts and no restrictions. Pursuit Dynamics is headquartered in Hertfordshire, UK and has a US office inDarien, Connecticut. It is quoted on the AIM market of the London Stock Exchange(ticker: PDX) and at the recent share price has a capitalisation of just over£115 million. This information is provided by RNS The company news service from the London Stock Exchange