

Announcements.

Looking to discover a little more about our client companies?
A selection of news and recent announcements can be found here.
PressureTechnologies : Major Contract Win with EDF Energy
RNS Number : 2102P Pressure Technologies PLC 09 October 2019 9 October 2019 Pressure Technologies plc ("Pressure Technologies" or the "Group") Major Contract Win with EDF Energy for Nitrogen Storage Solutions at UK Nuclear Power Plants Pressure Technologies (AIM: PRES),……
RNS Number : 2102P
Pressure Technologies PLC
09 October 2019
9 October 2019
Pressure Technologies plc
("Pressure Technologies" or the "Group")
Major Contract Win with EDF Energy for Nitrogen Storage Solutions at UK Nuclear Power Plants
Pressure Technologies (AIM: PRES), the specialist engineering group, is pleased to announce that its wholly owned subsidiary, Sheffield based Chesterfield Special Cylinders Limited (CSC), has secured a significant contract in excess of £3 million to supply nitrogen storage solutions to EDF Energy for its UK nuclear power plants at Heysham, Torness and Hartlepool.
This design and supply contract comprises ultra large high pressure cylinders manufactured at CSC's Sheffield facility, in an innovative series of nitrogen storage packages to meet EDF Energy's operational requirements. The modular design is seismically qualified to allow ease of installation at EDF Energy's sites. The cylinder packages will be supplied to EDF Energy by mid-2020.
Chris Walters, Chief Executive Officer of Pressure Technologies, commented:
"This contract represents the largest order in Chesterfield Special Cylinders' history outside of the defence sector and is extremely important for the Chesterfield team and for the Pressure Technologies Group. Through the provision of these safety-critical systems, we are delighted to be supporting EDF Energy's existing and continued commitment to supply safe, low-carbon electricity to UK homes."
CSC is a long-standing key supplier of gas storage solutions to power stations across the UK.
For further information, please contact:
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Pressure Technologies plc |
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Chris Walters, Chief Executive |
Tel: 0114 257 3616 |
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Joanna Allen, Chief Financial Officer |
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N+1 Singer (Nomad and Broker) |
Tel: 0207 496 3000 |
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Mark Taylor / Lauren Kettle
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IFC Advisory Ltd (Financial PR and IR) |
Tel: 0203 934 6630 |
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Graham Herring / Tim Metcalfe / Zach Cohen |
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COMPANY DESCRIPTION
Company description – www.pressuretechnologies.com
With its head office in Sheffield, the Pressure Technologies Group was founded on its leading market position as a designer and manufacturer of high-integrity, safety-critical components and systems serving global supply chains in oil and gas, defence, industrial gases and hydrogen energy markets.
The Group has two divisions, Precision Machined Components and Chesterfield Special Cylinders.
Precision Machined Components (PMC) – www.pt-pmc.com
● Precision Machined Components includes the Al-Met, Roota Engineering, Quadscot and Martract brands.
Chesterfield Special Cylinders (CSC) – www.chesterfieldcylinders.com
● Chesterfield Special Cylinders, Sheffield, includes CSC Deutschland Gmbh, which is based in Dorsten, Germany and Chesterfield Special Cylinders Inc. which is based in Houston, USA
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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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CloseCrimson Tide PLC : Significant long-term contract win
RNS Number : 2217O Crimson Tide PLC 01 October 2019 1st October 2019 Crimson Tide PLC ("Crimson Tide" or "the Company") Significant long-term contract win with leading supermarket Crimson Tide (TIDE) announces that it has entered into a significant contract for its mpro5 solution with one of the……
RNS Number : 2217O
Crimson Tide PLC
01 October 2019
1st October 2019
Crimson Tide PLC
("Crimson Tide" or "the Company")
Significant long-term contract win with leading supermarket
Crimson Tide (TIDE) announces that it has entered into a significant contract for its mpro5 solution with one of the country's leading retailers. The contracted revenue is for a minimum of £1.4m over the 36-month term. The mpro5 platform will now be used in nearly 4,000 retail locations across the UK and Ireland alone, with international expansion potential. A previous, smaller contract with the client containing hardware had reached its term and is now included on a SaaS only basis within this new contract.
The mpro5 solution has been successfully used over the last 3 years for the purposes of store cleanliness and safety within 400 stores in the UK. Due to the configurable nature of the mpro5 platform, the client has been able to replace a number of internal systems from competitors and consolidate their requirements for Store Cleaning, Security, Catering, Distribution, Food Safety, and Safe & Legal compliance into the single mpro5 offering. An early trial of mpro5 with IOT sensors is currently under way and could add significantly to the revenues achievable with the client in the future.
Barrie Whipp, Executive Chairman commented "Our team has worked tirelessly over the contract term to demonstrate the unique nature of the mpro5 platform. Having gained visibility at C-level with this retailer, we are excited by the international potential for this client in future years. This contract is indicative of our enterprise-class pipeline that we have invested in strategically, and I am pleased that our unrivalled platform capability has given this client a significant return on investment with mpro5."
Enquiries:
Crimson Tide plc 01892 542444
Barrie Whipp / Luke Jeffrey
Arden Partners 020 7614 5900
John Llewellyn-Lloyd / Dan Gee-Summons
For further information on Crimson Tide plc, see the website at: www.crimsontide.co.uk
The information contained within this RNS is considered to be inside information prior to its release.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected]om or visit www.rns.com.
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CloseSolid State PLC : $3m US Rail Infrastructure Contract
RNS Number : 0227O Solid State PLC 30 September 2019 Solid State plc ("Solid State", the "Company" or the "Group") $3m US Rail Infrastructure Contract Solid State plc (AIM: SOLI), the AIM listed manufacturer of computing, power and communications products, and value added distributor of electronic……
RNS Number : 0227O
Solid State PLC
30 September 2019
Solid State plc
("Solid State", the "Company" or the "Group")
$3m US Rail Infrastructure Contract
Solid State plc (AIM: SOLI), the AIM listed manufacturer of computing, power and communications products, and value added distributor of electronic components, is pleased to announce an international contract win.
The contract, valued at $3m, has been won by the Group's Pacer Optoelectronics business unit, acquired by Solid State in November 2018. The display project, a rail infrastructure programme in the United States, will utilise Pacer's value added capabilities and is expected to be delivered over the next nine months.
Commenting on the contract Gary Marsh, Chief Executive of Solid State, said:
"This contract is a good example of the success of our acquisition strategy in broadening our international and sector reach. We have focussed on niche sectors where we can apply our value added engineering capability and where we can sell into increasingly international markets. The transportation sector has been a specific target and therefore this success is particularly pleasing."
For further information please contact:
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Solid State plc |
01527 830 630 |
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Gary Marsh – Chief Executive Peter James – Group Finance Director |
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Walbrook PR (Financial PR) |
020 7933 8780 |
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Tom Cooper / Paul Vann |
0797 122 1972 |
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Notes to Editors:
Solid State plc (SOLI) is a value added electronics group supplying industrial and military markets with ruggedised/durable components, assemblies and manufactured units for use in harsh environments. The Group's mantra is – 'Trusted technology for demanding applications'.
Operating through two main divisions: Manufacturing (Steatite) and Value Added Distribution (Solid State Supplies & Pacer); the Group specialises in complex engineering challenges often requiring design-in support and component sourcing for computing, power, communications, electronic and optoelectronic products.
Headquartered in Redditch, Solid State employs over 200 staff across the UK with a branch office in the USA, serving niche markets in oil & gas production, transportation, medical, construction, security, military and field maintenance.
Solid State was established in 1971 and admitted to AIM in June 1996. The Group has grown organically and by acquisition – having made 10 acquisitions.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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CloseImmotion Group PLC : Partnership Update
RNS Number : 5426N Immotion Group PLC 25 September 2019 Immotion Group plc ("Immotion Group", "Immotion", the "Company") Partnership update Immotion Group, the UK-based immersive 'Out of Home' entertainment group, is pleased to announce agreements for three further installs in its fast growing Aquarium sector. ……
RNS Number : 5426N
Immotion Group PLC
25 September 2019
Immotion Group plc
("Immotion Group", "Immotion", the "Company")
Partnership update
Immotion Group, the UK-based immersive 'Out of Home' entertainment group, is pleased to announce agreements for three further installs in its fast growing Aquarium sector.
The first of which is with Dubai Aquarium, sited in the largest shopping mall in the World, the Dubai Mall, which boasts over 80 million visitors per annum. Immotion will install an initial four headsets in the Dubai Mall just outside the entrance of the Dubai Aquarium, one of the largest suspended aquariums in the World with over 140 species, including the largest collection of Sand Tiger Sharks in the World.
The two additional installs, four headsets each, are in Texas; the first at San Antonio Aquarium, and the second Austin's Aquarium.
These new additions will all feature the 'Ocean Explorer' series of experiences, including the latest experience from Immotion; 'Shark Dive' – a live action VR experience where users can get up close with Tiger and Hammerhead Sharks.
As noted in our interim statement, we are seeing excellent performance from the aquarium sector, which is currently trading ahead of our overall partner revenues, which in turn are trading ahead of our overall headsets revenues.
Martin Higginson, Immotion Group CEO said: "Demand from the aquarium market is really starting to gain traction. We now have over 50 active leads from this sector which gives us real confidence in hitting our EBITDA breakeven figures in Q1 2020. Signing up Dubai Aquarium is another major milestone in the Company's growth story. Not only is this one of the largest aquariums, it is located in the largest shopping mall in the World with over 80 million visitors a year."
Enquiries:
For further information please visit www.immotion.co.uk, or contact:
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Immotion Group
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Martin Higginson |
Tel: +44 (0) 161 235 8505 |
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WH Ireland Limited (Nomad and Joint Broker)
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Adrian Hadden Darshan Patel Matthew Chan
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Tel + 44 (0) 207 220 1666 |
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Shard Capital Partners LLP (Joint Broker)
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Damon Heath Erik Woolgar |
Tel: +44 (0) 20 7186 9900 |
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Alvarium Capital Partners |
Alex Davies |
Tel: +44 (0) 207 195 1433 |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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CloseOsirium Technologies : Substantial contract win
RNS Number : 1983N Osirium Technologies PLC 23 September 2019 23 September 2019 Osirium Technologies plc ("Osirium" or "Group") Substantial contract win with major UK provider of software and IT services Osirium Technologies plc (AIM: OSI.L), a leading vendor of cloud-based cybersecurity software, is……
RNS Number : 1983N
Osirium Technologies PLC
23 September 2019
23 September 2019
Osirium Technologies plc
("Osirium" or "Group")
Substantial contract win with major UK provider of software and IT services
Osirium Technologies plc (AIM: OSI.L), a leading vendor of cloud-based cybersecurity software, is pleased to announce a significant contract win with a major UK provider of software and IT services to the public sector. The contract represents a substantial expansion by this customer of its investment in Osirium, following an initial order, as announced on 12 February.
Under the terms of the contract, Osirium will deliver its full PxM Platform including the Privileged Access Management, Privileged Task Management and Privileged Session Management modules. The 36 month license is for 2,600 devices, in addition to the 250 devices covered by the initial order. Osirium's software will enable this service provider to deliver managed security services to its customers, principally central government organisations and local authoriities in the public sector, delivering rigorous control of access to privileged accounts.
David Guyatt, Chief Executive Officer, commented: "Osirium is delighted that, within a 9 month period, this prominent service provider has shown such confidence in the Osirium solution and expanded its base of protected devices more than ten fold. This is further evidence of the success of our land and expand strategy, as having experienced the benefits of the Osirum PxM solution, they have now taken the decision to roll out our technology to public sector customers served by both of their data centres.
"We are very pleased that are they providing security services using not only the classic Privileged Acccess Management functionality but also exploiting Osirium's award-winning Task Automation capabilities, for example on Linux devices, to minimise the risk of security breaches."
– Ends –
For further information:
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Osirium Technologies plc |
Tel: +44 (0) 118 324 2444 |
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David Guyatt, Chief Executive Officer Rupert Hutton, Chief Financial Officer
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Stifel Nicolaus Europe Limited (Nominated Adviser and Broker) |
Tel: +44 (0) 20 7710 7600 |
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Fred Walsh / Neil Shah
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Alma PR |
Tel +44 (0) 20 3405 0205 |
Josh Royston, Hilary Buchanan
Notes to Editors:
About Osirium
Osirium Technologies plc (AIM: OSI.L) operates in one of the fastest growing parts of the cybersecurity market and is a leading vendor of Privileged Access Management ("PAM") software. Osirium's cloud-based products protect critical IT assets, infrastructure and devices by preventing targeted cyber-attacks from directly accessing Privileged Accounts, removing unnecessary access and powers of Privileged Account users, deterring legitimate Privileged Account users from abusing their roles and containing the effects of a breach if one does happen.
Osirium has defined and delivered what the Directors view as the next generation PAM solution. The team has developed the concept of a Virtual Air Gap to separate users from passwords. Built on Robotic Automation technology, Osirium's Privileged Task Management module further strengthens Privileged Account security by minimising the cyber-attack surface and delivering an impressive return on investment benefits for customers.
Founded in 2008 and with its headquarters in Reading, UK, the Group was admitted to AIM in April 2016. For further information please visit www.osirium.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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CloseWater Intelligence : Strategic Investment and Partnership
RNS Number : 0212M Water Intelligence PLC 11 September 2019 Water Intelligence plc Strategic Investment and Partnership Water Intelligence plc (AIM: WATR.L) ("Water Intelligence" or "Company"), a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water is pleased to announce a……
RNS Number : 0212M
Water Intelligence PLC
11 September 2019
Water Intelligence plc
Strategic Investment and Partnership
Water Intelligence plc (AIM: WATR.L) ("Water Intelligence" or "Company"), a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water is pleased to announce a strategic investment in and technology licensing partnership with Entertainment AI Plc ("EAI") (the "Strategic Relationship").
The Strategic Relationship announced today enables Water Intelligence to accelerate its commercial strategy with insurance companies and participate in the fast-growing $13 billion market for "Insuretech" products to minimize water-related claims as underscored in the 2018 Annual Report released in May.
EAI uses proprietary artificial intelligence and machine learning technology to enrich YouTube-length video in order to, among other things, enable consumers to purchase products, such as water monitoring devices, from the video. An example is currently being displayed on the Water Intelligence web site at www.waterintelligence.co.uk. Water Intelligence had previously announced this strategic direction in January 2018 through a technology partnership with EAI's subsidiary, Tagasauris, and Flo Technologies (now FloMoen), a Los Angeles-based water monitoring product company.
EAI is being formed by the acquisition of the Entertainment AI group of companies, comprising Entertainment AI, Inc, GTChannel, Inc and Tagasauris, Inc, (the "EAI US Companies") by Blockchain Worldwide plc ("BLOC"), which was announced today. BLOC has also announced a conditional oversubscribed placing and subscription, including the strategic investment from Water Intelligence, to raise gross proceeds of approximately £8.6 million. Subject to, inter alia, BLOC shareholder approval, admission to trading on AIM and completion of the Company's investment is expected to complete on 30 September 2019. At the time of, or prior to, admission BLOC will be renamed Entertainment AI plc.
The Strategic Relationship will have the following components:
(i) £415k investment into EAI effective at admission to AIM of EAI;
(ii) a global, royalty-free license to EAI technology for the field of use of sustainability and home services audiences in respect of water and infrastructure; and
(iii) rights, including a Board observer and certain information rights, for so long as Water Intelligence holds 2 per cent. or more of EAI's issued share capital.
Sumitomo Corporation of Japan, a global leader in digital media and an investor in water supply companies around the world, will also be a strategic investor and receive a preferred license. Other investors in the EAI IPO include existing institutional investors in Water Intelligence.
Water Intelligence Chairman Patrick DeSouza is a substantial shareholder and a co-founder of the EAI US Companies and will serve as non-executive Chairman of EAI. Therefore the Strategic Relationship constitutes a related party transaction in accordance with AIM Rule 13. The Group's independent directors, being Michael Reisman, Laura Hills and David Silverstone, consider, having consulted with its nominated adviser, WH Ireland Ltd, that the terms of the Strategic Relationship are fair and reasonable insofar as its shareholders are concerned.
In addition, Laura Hills, Vice Chairman of Water Intelligence, and Akiko Mikumo, Senior Independent Director of Entertainment AI, will lead any discussions relating to possible future related party matters between Water Intelligence and EAI, consulting the relevant company's nominated adviser and obtaining approval from the Independent Directors of each company.
Water Intelligence's interim financial report will be issued later this month and further details of the Strategic Relationship will be detailed in the report. The Company continues to perform strongly on its multinational growth plan.
Executive Chairman, Dr. Patrick DeSouza remarked:
"Global market demand for complete solutions to water loss from leakage – both services and products – is strong and only growing. We are well-positioned and continue to deliver on our articulated plan. We believe our strategic partnership with EAI will enable us to scale more rapidly with a complementary e-commerce, go-to-market plan that complements our physical operations across the United States and in the UK, Australia and Canada. Our technology reinvestment to build our brand profile as an innovation company continues to progress and will be enhanced with the introduction of an owned and operated YouTube site for sustainability issues. We are on a mission to transform the water infrastructure services market around the world and seek to lead the Insuretech movement."
Enquiries:
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Water Intelligence plc |
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Patrick DeSouza, Executive Chairman |
Tel: +1 203 654 5426 |
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Adrian Hargrave, VP Corporate Development
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+44 (0) 7775 701 838 |
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WH Ireland Limited – NOMAD & Broker |
Tel: +44 (0) 207 220 1666 |
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Adrian Hadden |
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James Sinclair-Ford |
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Matthew Chan
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Dowgate Capital Ltd Stephen Norcross |
Tel: +44(0)20 903 7721 +44 (0)7920 599 793 |
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IFC Advisory Limited Graham Herring |
Tel: +44(0)20 3934 6630 |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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CloseValiRx PLC : VAL201 Update
RNS Number : 7353L ValiRx PLC 10 September 2019 VALIRX PLC ("ValiRx", the "Company" or the "Group") VAL201 UPDATE "ValiRx announces that in addition to pharmacokinetic and toxicology data, clinical trial results show VAL201 behaves as predicted in reducing prostate cancer progression" London,……
RNS Number : 7353L
ValiRx PLC
10 September 2019
VALIRX PLC
("ValiRx", the "Company" or the "Group")
VAL201 UPDATE
"ValiRx announces that in addition to pharmacokinetic and toxicology data, clinical trial results show VAL201 behaves as predicted in reducing prostate cancer progression"
London, UK., 10 September 2019: ValiRx Plc (AIM: VAL), the clinical stage biotechnology company, today announces that its lead therapeutic compound, VAL201, has thus far and continues to meet all the published endpoints in its first-in-human study. Following the announced allowance of a substantial amendment in March 2019, the later stages of the trial, where subjects are being given therapeutic and supra-therapeutic concentration of VAL201, continues to demonstrate a safe and well tolerated profile. It should be noted that this is cumulative information and the fact that the compound continues to show a toxicological profile at and above clinical concentration is significant.
Beyond the fundamental safety and tolerability endpoints for the trial, the study has provided clear pharmacokinetic information about the uptake, distribution, metabolism and elimination of the compound in humans. The data supports and confirms the findings from preclinical and the earliest stages of human studies and in part explains the reduction in prostate cancer progression as measured by PSA – evidence that is supported from tumour imaging (MRI and CT) in subjects.
The effects of the compound on cancer is related to the tumour's exposure to VAL201, and as expected from the underlying mechanism of action, is a complex relationship to the administered dose. The various amendments to the dosing protocol have allowed this effect to be more fully explored. Further analysis of collected pharmacodynamic samples is progressing and the data is expected to build on this positive outcome to date. The full data set is currently being reviewed and collated. Additional data surrounding the possibility of an effect on metastatic tumour lesions is being collated in the few subjects exhibiting such tumours. Such an effect has been seen preclinically and hints are being observed.
The final stages of this first in-human study has provided the information needed to construct a protocol for the late stage trial directed at determining effective dosing regimes for clinical use and will explore the full extent of the compound's utility in clinical practice.
This phase I/II trial will be finalised as expected from a regulatory viewpoint while the new VAL201 confirmatory trial is developed and aimed at validating the most effective treatment regime and its particular use in clinical practice. Data relating to the pharmacology, pharmacokinetics and pharmacodynamics will be published as it is collated, verified and submitted.
VAL201 has been developed in collaboration with Cancer Research (CRUK) and is a decapeptide with potential in treating hormone-dependent and hormone-independent prostate cancer, currently a poorly served multi-billion dollar commercial market.
Dr Satu Vanikka, CEO of ValiRx Plc, commented:
"We are delighted that our Phase I/II trial of VAL201 has met its endpoints very well and that we are now able to use our peptide in demonstrating the efficacy of the VAL201 compound as a therapeutic product that has a large role to play in dealing with what is a nasty set of conditions in a better and more patient friendly way."
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
*** ENDS ***
For more information, please contact:
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ValiRx plc |
Tel: +44 (0) 20 3008 4416 |
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Dr Satu Vainikka, Chief Executive |
Tel: +44 (0) 20 3008 4416 |
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Tarquin Edwards, Head of Communications. |
Tel: +44 (0) 7879 458 364 |
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Cairn Financial Advisers LLP (Nominated Adviser) Liam Murray / Jo Turner/ Ludovico Lazzaretti |
Tel: +44 (0) 20 7213 0880 |
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Novum Securities Limited Colin Rowbury |
Tel: +44 (0) 20 7399 9400 |
Notes for Editors
About ValiRx
ValiRx is a biotechnology oncology focused company specialising in developing novel treatments for cancer and associated biomarkers. It aims to make a significant contribution in "precision" medicine and science, namely to engineer a breakthrough into human health and well-being, through the early detection of cancer and its therapeutic intervention.
The Company's business model focuses on out-licensing therapeutic candidates early in the development process. By aiming for early-stage value creation, the company reduces risk considerably while increasing the potential for realising value. The group is already in licensing discussions with major players in the oncology field.
ValiRx's two classes of drugs in development, which each have the potential for meeting hitherto unmet medical needs by existing methods, have worldwide patent filings and agreed commercial rights. They originate or derive from World class institutions, such as Cancer Research UK and Imperial College.
Until recently, cancer treatments relied on non-specific agents, such as chemotherapy. With the development of target-based agents, primed to attack cancer cells only, less toxic and more effective treatments are now possible. New drugs in this group-such as those in ValiRx's pipeline-promise to greatly improve outcomes for cancer patients.
The Company listed on the AIM Market of the London Stock Exchange in October 2006 and trades under the ticker symbol: VAL.
Caution regarding forward looking statements
Certain statements in this announcement, are, or may be deemed to be, forward looking statements. Forward looking statements are identified by their use of terms and phrases such as ''believe'', ''could'', "should" ''envisage'', ''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect", ''will'' or the negative of those, variations or comparable expressions, including references to assumptions. These forward looking statements are not based on historical facts but rather on the Directors' current expectations and assumptions regarding the Company's future growth, results of operations, performance, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities. Such forward looking statements reflect the Directors' current beliefs and assumptions and are based on information currently available to the Directors.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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CloseEVR Holdings PLC : MelodyVR Successfully Completes GMA Broadcast
RNS Number : 4341L EVR Holdings PLC 06 September 2019 EVR Holdings plc ('EVR' or the 'Company') MelodyVR Successfully Completes Simultaneous TV and VR Broadcast in Partnership With Good Morning America, Marshmello and Kane Brown. EVR Holdings plc (AIM:EVRH), the leading creator of virtual reality entertainment……
RNS Number : 4341L
EVR Holdings PLC
06 September 2019
EVR Holdings plc
('EVR' or the 'Company')
MelodyVR Successfully Completes Simultaneous TV and VR Broadcast in Partnership With Good Morning America, Marshmello and Kane Brown.
EVR Holdings plc (AIM:EVRH), the leading creator of virtual reality entertainment content and operator of the MelodyVR platform, is pleased to announce streaming statistics in connection with MelodyVR's partnership with American Broadcasting Companies, Inc ("ABC") and Good Morning America ("GMA") to deliver a milestone media event on August 30th: a live, immersive broadcast of GMA's Summer Concert Series, featuring Mashmello and Kane Brown live from New York's Central Park.
This first-of-a-kind broadcast, which simultaneously featured across national television and in 360/virtual reality, received over 100,000 live streams via the MelodyVR app alone. The broadcast repeated throughout the United States, in tandem with the airing of GMA in additional timezones, seeing fans access the MelodyVR platform on EST, CST, MST and PST time and throughout all 50 US States. The content was also simulataneously consumed by users in 14 additional countries across the globe.
In the week prior to the event, multiple segments, including live on-air showcases took place on GMA, reaching a live TV audience in excess of 4 million daily viewers. A promotional segment on Melody, was also broadcast on a large number of ABC's 238 affiliate channels across the US, reaching tens of millions of additional US consumers. The successful event harnessed the combined social media following of Marshmello, Kane Brown and GMA, which was in excess of 62 million and this has extensively increased brand awareness of the MelodyVR platform in the United States and beyond. With the on-demand show now live and accessable on MelodyVR, fans can go back and re-live the performance again and again.
Anthony Matchett, CEO and Executive Chairman of EVR Holdings PLC said:
"The simultaneous broadcast of Marshmello and Kane Brown's performance as part of GMA's summer concert series was a world first for both traditional television broadcast and for MelodyVR. The event was extremely successful and has subsequently exposed MelodyVR to millions of households, spanning all corners of the United States, endorsed by prominent featuring across America's #1 morning TV show. We look forward to working more closely with both ABC and GMA in future."
@melodyvirtual
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For further information please contact: EVR Holdings plc
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Arden Partners plc: Nominated Advisor and Sole Broker Tel: +44 (0) 20 7614 5900 Corporate Finance: Ciaran Walsh / Ruari McGirr / Ben Cryer Notes to Editors: |
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Melody VR launched in 2018 with a simple mandate: not to replace the live experience, but to harness the power of virtual reality to get people closer to the music they love. By using VR technology, the founders realized that they could place fans in the crowd or on-stage with their favorite musicians at live events. From epic stadium shows to intimate studio performances, the possibilities are endless; Capacity restrictions are eliminated, music fans can attend otherwise sold-out dates, and the barriers (distance, age, cost, access) that might keep people from the experiencing their chosen artists live are swept away. The result? Artists can reach more fans than ever before with a level of intimacy which has previously never been possible. MelodyVR is the only licensed VR music platform and has the world's largest library of immersive and interactive music experiences from the likes of Post Malone, Blake Shelton, Wiz Khalifa, Kelly Clarkson, Niall Horan, Fall Out Boy, Bebe Rexha, The Chainsmokers and Imagine Dragons. MelodyVR is a wholly owned subsidiary of EVR Holdings plc ('EVR'), a company that is listed on the AIM market of the London Stock Exchange under the ticker EVRH.L. |
For more information on Melody VR, please visit: www.melodyvr.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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UPDCKADBBBKKACK
CloseShearwater Group PLC : SecurEnvoy signs distribution agreement
RNS Number : 6875K Shearwater Group PLC 30 August 2019 RNS REACH 30 August 2019 SHEARWATER GROUP PLC SecurEnvoy signs distribution agreement with EMT Distribution Shearwater Group plc, the organisational resilience group, announces that its group company, SecurEnvoy, has signed a distribution agreement with EMT Distribution,……
RNS Number : 6875K
Shearwater Group PLC
30 August 2019
RNS REACH
30 August 2019
SHEARWATER GROUP PLC
SecurEnvoy signs distribution agreement with EMT Distribution
Shearwater Group plc, the organisational resilience group, announces that its group company, SecurEnvoy, has signed a distribution agreement with EMT Distribution, the specialised cyber security software distributor.
EMT Distribution will represent SecurEnvoy as a distribution partner for its existing Multi-Factor Authentication ("MFA") solutions, as well as other future product categories, in the Middle East, Turkey and Africa ("META").
SecurEnvoy develops innovative identity and access management solutions to protect the user, device and data, enabling organisations to deploy a wide range of methods to authenticate users accessing Microsoft Office 365 web and desktop applications.
EMT Distribution's third party solutions are sold and supported throughout the Asia Pacific region, Europe, Middle East and Africa.
Phil Higgins, CEO of Shearwater Group plc, commented:
"EMT Distribution is well positioned to accelerate growth across the META region for SecurEnvoy's product set, in particular its MFA-as-a-Service, which integrates with its on-premise MFA solution.
"This agreement opens up an additional distribution channel for SecurEnvoy and strengthens its position in the identity and access management sector."
Mohd Mobasseri, CEO of EMT Distribution, added:
"Our distribution agreement with SecurEnvoy is a real testament to the value of our channel, particularly as we continue to build global support around our network.
"SecurEnvoy has a fantastic technology and we look forward to seeing how we can support the growth of the business across the Middle East, Turkey, and Africa. We are very proud to start this new relationship."
Enquiries:
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Shearwater Group plc David Williams, Chairman Phil Higgins, CEO
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c/o Instinctif Partners |
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Instinctif Partners Adrian Duffield / Chantal Woolcock |
+44 (0) 20 7457 2815 |
About Shearwater Group plc
Shearwater Group plc is an award-winning organisational resilience group that provides cyber security and managed security services to help assure and secure businesses in a connected global economy.
The Group's comprehensive cyber security solutions and services maintain trust between users, provide assurance around the protection of information assets and critical infrastructure, and support organisations' operational effectiveness. Its capabilities include identity and access management and data security, cyber security solutions and managed security services, and security governance, risk and compliance.
The Group is headquartered in the UK with offices in the US, UK and Europe, serving customers across the globe who are active in a broad spectrum of industries.
Shearwater shares are listed on the London Stock Exchange's AIM under the ticker "SWG". For more information, please visit www.shearwatergroup.com.
SecurEnvoy is a wholly owned subsidiary of Shearwater Group plc. It provides trusted identity and access management solutions to millions of users in real-time. Fast deployment across any environment, SecurEnvoy's technology maintains trust between those users and ensures the protection of organisations' critical data and infrastructure. For more information, please visit www.securenvoy.com.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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CloseProton Power Systems : Joint venture
RNS Number : 2567K Proton Power Systems PLC 27 August 2019 Proton Power Systems plc ("Proton" or the "Company") Joint venture Proton Power Systems plc (AIM: PPS), the designer, developer and producer of fuel cells and fuel cell electric hybrid systems with……
RNS Number : 2567K
Proton Power Systems PLC
27 August 2019
Proton Power Systems plc
("Proton" or the "Company")
Joint venture
Proton Power Systems plc (AIM: PPS), the designer, developer and producer of fuel cells and fuel cell electric hybrid systems with a zero-carbon footprint, announces that it has entered into a joint venture agreement with Schäfer Elektronik GmbH ("Schäfer Elektronik") whereby the two companies will integrate Proton's larger industrial fuel cells with Schäfer's power electronics, battery and a hydrogen storage systems in one integrated plug and play power unit. This unit will provide in excess of 1 MW of power to supply electric vehicle charging stations and will be available either as standalone unit or as grid connected unit, which would also be able to support the local grid if required.
The Board expects support across Europe and the UK for the electric car industry to rapidly increase by 2021 leading to demand for electric vehicle charging stations. In order to achieve a zero carbon footprint and to avoid national grid overload, these charging stations are highly likely to be powered by hydrogen fuel cells in order to supply the required electric load without undue stress on the electrical grid.
Mr Schäfer, CEO of Schäfer Elektronik, commented: "We are delighted to contribute to saving our planet from some of the effects of global warming; our technology will always endeavour to improve the world to live in."
For further information:
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Proton Power Systems plc |
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Dr Faiz Nahab, CEO Helmut Gierse, Chairman Sebastian Goldner, COO/CTO Roman Kotlarzewski, CFO Manfred Limbrunner, Director Sales and Marketing |
Tel: +49 (0) 173 189 0923
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Shore Capital Nominated adviser and broker |
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Antonio Bossi / David Coaten |
Tel: +44 (0) 20 7408 4050 www.shorecap.co.uk |
About Proton Motor Fuel Cell GmbH
Proton Motor has more than 20 years of experience in Power Solutions using CleanTech technologies such as hydrogen fuel cells, fuel cell and hybrid systems with a zero carbon footprint. Based in Puchheim near Munich, Proton Motor offers complete fuel cell and hybrid systems from a single source – from the development and production through the implementation of customized solutions. The focus of Proton Motor is on back-to-base, for example, for mobile, marine and stationary solutions applications. The product portfolio consists of base-fuel cell systems, standard complete systems, as well as customized systems.
Proton Motor serves IT, Telecoms, public infrastructure and healthcare customers in Germany, Europe and Middle East with power supply solutions for DC and AC power demand. In addition to power supply, Proton Motor also offers solutions for Solar Systems as well as Solar Energy Storage.
Proton Motor Fuel Cells GmbH is wholly owned subsidiary of Proton Power Systems plc. The Company has been quoted on the AIM market of the London Stock Exchange since October 2006 (code: PPS).
About Schäfer Elektronik GmbH
Schäfer Elektronik is a manufacturer with almost 50 years' experience in design and production of Power Supply Systems for industrial applications, with particular focus on oil and gas, defence, industrial automation, power generation, rail and automotive segments.
With its headquarters in South-Germany, a production facility in Ireland and sales offices in USA and UAE as well as numerous representatives, Schäfer Elektronik possesses a comprehensive worldwide sales network.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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