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Pin to quick picksPipeHawk Regulatory News (PIP)

Share Price Information for PipeHawk (PIP)

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Share Price: 6.25
Bid: 5.50
Ask: 7.00
Change: 0.50 (8.70%)
Spread: 1.50 (27.273%)
Open: 5.75
High: 6.25
Low: 5.75
Prev. Close: 5.75
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Award Win

24 May 2010 07:00

RNS Number : 3542M
PipeHawk PLC
24 May 2010
 



24 May 2010

 

PipeHawk Plc

("PipeHawk" or the "Company")

 

Award Win

 

PipeHawk is pleased to announce that its layer re-instatement inspection tool, the 'e-Spott', won the Product Invention and Innovation Award at the recent HAUC (Highways Authorities and Utilities Committee) HSC10 Conference. The e-Spott uses ground probing radar to test the depth of bituminous layers on either newly laid or repaired roads.

 

Gordon Watt, Chairman of PipeHawk, commented:

"At a time when all public expenditure is under scrutiny our e-Spott tool provides an excellent example of where innovation can ensure that ratepayers receive value for money and provide a cleaner, safer way for local authorities and contractors to ensure that the road and paths are re-instated as they should be. We have also received an enthusiastic endorsement of the product from one of the UK's top 5 construction companies and look forward to its rapid take up by the industry."

 

Enquiries:

 

PipeHawk Plc

Gordon Watt (Chairman)

01420 590 990

Merchant John East Securities Limited

David Worlidge

Simon Clements

020 7628 2200

 

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