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A selection of news and recent announcements can be found here.
APC Tech Group PLC : Gooee Limited UK launch partnership
RNS Number : 1377G APC Technology Group PLC 04 August 2016 4th August 2016 APC Technology Group PLC ("APC" or the "Group") APC Technology Group announces Gooee Limited UK launch partnership APC Technology Group PLC (AIM: APC), the provider of technologies and services intended to help improve organisational……
RNS Number : 1377G
APC Technology Group PLC
04 August 2016
4th August 2016
APC Technology Group PLC
("APC" or the "Group")
APC Technology Group announces Gooee Limited UK launch partnership
APC Technology Group PLC (AIM: APC), the provider of technologies and services intended to help improve organisational sustainability and specialist distributor of electronic components, has signed an agreement to be a UK partner for the launch of the Gooee Internet of Things (IoT) lighting ecosystem.
The Gooee ecosystem provides sensing, control and communication components through a scalable framework that integrates with a cloud platform to connect lighting manufacturers to the IoT. It significantly increases control, monitoring and data analysis capabilities while driving performance and efficiency improvements.
Under the agreement APC Technology Group PLC will be able to use Gooee's new lighting ecosystem to expand its offering, providing additional functionality and value to customer lighting and IoT solutions.
Richard Hodgson, Chief Executive of APC Technology Group PLC, commented:
"I am delighted to announce our partnership with Gooee. The Gooee system puts lighting at the heart of a building's IoT, providing new opportunities to monitor LED performance, track footfall and communicate directly with occupants.
We believe these factors will be of significant interest to many of our customers, in particular those in the retail, commercial property and industrial sectors, enabling them to operate more efficiently and effectively and ultimately deliver cost savings."
Enquiries:
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APC Technology Group PLC |
01634 290 588 |
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Leonard Seelig, Chairman Richard Hodgson, Chief Executive
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www.apc-plc.co.uk |
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Stockdale Securities Limited (Nominated Advisor and Broker) |
020 7601 6100 |
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Mark Brown / Antonio Bossi / Edward Thomas
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Redleaf Communications (Financial PR) |
020 7382 4730 |
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Rebecca Sanders-Hewett / David Ison / Susie Hudson |
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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CloseRare Earth Minerals : Update on Macarthur Minerals
RNS Number : 0565G Rare Earth Minerals PLC 03 August 2016 Rare Earth Minerals Plc ("Rare Earth Minerals", "REM" or "the Company") Update on Macarthur Minerals Rare Earth Minerals Plc (AIM: REM; OTC: REMMY)) is pleased to report that Macarthur Minerals ("Macarthur") in which REM owns……
RNS Number : 0565G
Rare Earth Minerals PLC
03 August 2016
Rare Earth Minerals Plc
("Rare Earth Minerals", "REM" or "the Company")
Update on Macarthur Minerals
Rare Earth Minerals Plc (AIM: REM; OTC: REMMY)) is pleased to report that Macarthur Minerals ("Macarthur") in which REM owns a 15.5% shareholding, has announced that the majority of its total lithium acreage of 1,489 square kilometres is expected to grant by November / December 2016. The full Macarthur announcement can be found at: http://web.tmxmoney.com/article.php?newsid=8300358548965085&qm_symbol=MMS .
McMahon Mining Title Services Report — Macarthur Minerals Lithium Licences
Macarthur Minerals retains the services of McMahon Mining Title Services ("MMTS") to manage the Company's exploration and mining licences. As detailed in Table 1, MMTS has advised the Company that 13 out of 20 of the Company's Exploration Licence Applications ("Applications") for lithium are expected to grant by November/December 2016.
The grant of exploration licences in Western Australia requires advertisement in accordance with the Mining Act 1978 (WA) ("Mining Act") and subsequent advertisement in accordance with the Native Title Act 1993 (Cth) ("Native Title Act").
All Macarthur Minerals' Applications have been advertised in accordance with the Mining Act and no objections have been maintained. Agreements have been entered into with owners of any overlapping infrastructure leases, where required. An Access Arrangement for Application E46/1115 is currently being finalised.
The majority of Macarthur Minerals' Applications are now progressing through the Native Title Act advertising period, during which, heritage agreements will be entered into with native title parties and provided no objections are raised, are expected to grant in November/December. The remaining Applications will be advertised in the near future.
Until Exploration Licences are granted, the Company will continue prospecting activities to identify exploration targets.
Iron Ore Acreage Update
In addition to Macarthur's lithium acreage, the Company has 15 granted Mining Licences and miscellaneous licences covering 140 square kilometres for its two iron ore projects located North West of Kalgoorlie in Western Australia:
· Ularring Hematite Project consisting of Indicated 54.46 Mt @ 47.2% Fe and Inferred 25.99Mt @ 45.4% Fe3.
· Moonshine Magnetite Project consisting of Inferred Mineral Resource consisting of 1,316 Mt @ 30.1% Fe4.
The Company has received approval to develop an iron ore mine for the Ularring Hematite Project and associated infrastructure under the Environmental Protection Act 1986 and the Environmental and Biodiversity Conservation Act 1999. There are no native title claims affecting the iron ore projects.
Table 1 — Lithium Acreage Expected Acreage Grant Timetable
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Tenement |
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Region |
|
Mining Act Advertised |
|
Native Title Advertised |
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Expected Grant Date1 |
|
|
E45/4693 |
|
Pilbara |
|
No objection |
|
Yes |
|
November |
|
|
E45/4694 |
|
Pilbara |
|
Agreement signed |
|
No |
|
TBA |
|
|
E45/4702 |
|
Pilbara |
|
No objection |
|
Yes |
|
November |
|
|
E45/4708 |
|
Pilbara |
|
Agreement signed |
|
No |
|
TBA |
|
|
E45/4709 |
|
Pilbara |
|
No objection |
|
Yes |
|
October |
|
|
E45/4710 |
|
Pilbara |
|
No objection |
|
Yes |
|
October |
|
|
E45/4711 |
|
Pilbara |
|
Agreement signed |
|
No |
|
TBA |
|
|
E45/4732 |
|
Pilbara |
|
No objection |
|
Yes |
|
November |
|
|
E45/4735 |
|
Pilbara |
|
Agreement signed |
|
No |
|
TBA |
|
|
E45/4747 |
|
Pilbara |
|
Agreement signed |
|
No |
|
TBA |
|
|
E45/4748 |
|
Pilbara |
|
Agreement signed |
|
Yes |
|
January |
|
|
E45/4749 |
|
Pilbara |
|
No objection |
|
Yes |
|
January |
|
|
E45/4750 |
|
Pilbara |
|
No objection |
|
Yes |
|
December |
|
|
E45/4779 |
|
Pilbara |
|
Agreement signed |
|
No |
|
TBA |
|
|
E46/1114 |
|
Pilbara |
|
No objection |
|
Yes |
|
October |
|
|
E46/1115 |
|
Pilbara |
|
Agreement drafted |
|
No |
|
TBA |
|
|
E46/1133 |
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Pilbara |
|
No objection |
|
Yes |
|
November |
|
|
E59/2174 |
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Edah |
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No objection |
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Yes |
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October |
|
|
E74/0587 |
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Ravensthorpe |
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No objection |
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Yes |
|
October |
|
|
E74/0588 |
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Ravensthorpe |
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No objection |
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Yes |
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October |
ABOUT MACARTHUR MINERALS LIMITED (TSX VENTURE: MMS)
Macarthur Minerals Limited is an exploration and development company that is focused on identifying and developing high grade lithium and counter cyclical investments that complement Macarthur's capabilities.
For further information, please contact:
Rare Earth Minerals plc +44 (0) 207 440 0647
Andrew Suckling
Kiran Morzaria
WH Ireland Limited (Nomad & Broker) +44 (0) 207 220 1666
James Joyce
James Bavister
Square1 Consulting +44 (0) 207 929 5599
David Bick
Brian Alexander
Qualified Person
Kiran Morzaria B.Eng. (ACSM), MBA, has reviewed and approved the information contained in this announcement. Kiran holds a Bachelor of Engineering (Industrial Geology) from the Camborne School of Mines and an MBA (Finance) from CASS Business School.
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseContinued deduction of income tax from interest
The new tax rules apply to dividend payments not interest payments. Therefore tax (currently 20%) continues to be deducted from interest payments from April 2016 onwards where applicable. Banks and Building Societies may have special arrangements to allow interest to be paid gross….
The new tax rules apply to dividend payments not interest payments. Therefore tax (currently 20%) continues to be deducted from interest payments from April 2016 onwards where applicable.
Banks and Building Societies may have special arrangements to allow interest to be paid gross.
CloseNanoco Group PLC : Nanoco and Merck Sign Agreement
RNS Number : 7626F Nanoco Group PLC 01 August 2016 For immediate release 1 August 2016 NANOCO GROUP PLC ("Nanoco" or the "Company") Nanoco and Merck Sign Agreement on Eco-Friendly Quantum Materials for Displays · Cadmium-free quantum dots enable ultra-bright displays……
RNS Number : 7626F
Nanoco Group PLC
01 August 2016
|
For immediate release |
1 August 2016 |
NANOCO GROUP PLC
("Nanoco" or the "Company")
Nanoco and Merck Sign Agreement on
Eco-Friendly Quantum Materials for Displays
· Cadmium-free quantum dots enable ultra-bright displays with a substantially extended colour range
· Nanoco enters into a non-exclusive licence agreement with Merck, which will market Nanoco's material to its broad customer base in the display industry
Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, and Merck, a leading science and technology company, today announced the signing of a worldwide material supply and licensing agreement. The licence allows Merck to immediately start marketing Nanoco's cadmium-free quantum dots and to ultimately establish its own production facility to meet growing market demand.
"The agreement is in line with Merck's strategy to sustainably secure its position as the global market and technology leader in display materials. With cadmium-free quantum dots a remarkable increase in the colour range and a significant reduction in power consumption can be achieved. These cadmium-free quantum dots are eco-friendly and also complement our product portfolio for the display industry," said Walter Galinat, member of the Merck Executive Board and CEO of Performance Materials. "The licence agreement with Nanoco will strengthen our position in quantum materials research, for which we laid the foundations by acquiring Qlight Nanotech of Israel last year."
The financial details of the agreement are not being disclosed, but Nanoco will receive a licence fee and royalties on Merck's sales of the Nanoco cadmium-free quantum dots Merck manufactures. In line with Nanoco's commercialisation strategy in the display market, this agreement is non-exclusive. Merck will begin marketing Nanoco's technology in the near term by selling cadmium-free quantum dots manufactured at Nanoco's expanded production plant in Runcorn, UK. The licence allows Merck to establish its own production facility for cadmium-free quantum dots in line with global market demand at a later point in time. Michael Edelman, Nanoco's Chief Executive Officer, added: "This agreement with Merck is another major endorsement of the world-class quality of our cadmium free quantum dot technology. We are convinced that Merck can leverage its position in the display industry with these innovative materials."
Advantages of quantum materials
Quantum materials offer a substantial additional benefit when they are used as color converters in the light source of liquid crystal displays. In conventional displays, the colors blue, green, and red are filtered out of the original white light of the LED light source. A great deal of light is lost in this process. Because a blue LED in combination with red and green quantum materials only generates the blue, green and red light that is perfectly transmitted through the filters, there is much less absorption. This increases the display's brightness, reduces electricity consumption and leads to much purer and potentially stronger colors.
This announcement contains inside information.
For further information, please contact:
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Nanoco |
Tel: +44 (0) 161 603 7900 |
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Michael Edelman, Chief Executive Officer |
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David Blain, Chief Financial Officer Caroline Watson, Investor Relations Manager |
Tel: + 44 (0) 7799 897357 |
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Canaccord Genuity – Joint Broker |
Tel: +44 (0) 20 7523 8000 |
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Simon Bridges Cameron Duncan |
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Richard Andrews |
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Liberum – Joint Broker |
Tel: +44 (0) 20 3100 2000 |
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Neil Patel |
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Richard Bootle Steven Tredget |
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Buchanan |
Tel: +44 (0) 20 7466 5000 |
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Mark Court / Sophie Cowles / Stephanie Watson |
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Notes for editors:
About Nanoco Group plc
Nanoco is a world leader in the development and production of cadmium-free quantum dots and other nanomaterials for use in multiple applications including LC displays, lighting, solar cells and bio-imaging. In the display market, Nanoco has non-exclusive manufacturing and marketing licensing agreements with The Dow Chemical Company and Taiwan's Wah Hong Industrial Corporation. Nanoco also has a strategy of direct sales in display and in its other target markets, including lighting.
Nanoco was founded in 2001 and is headquartered in Manchester, UK. It has production facilities in Runcorn, UK, and a US subsidiary, Nanoco Inc, based in Concord, MA. Nanoco also has business development executives in Japan, Korea and Greater China. Its technology is protected worldwide by a large and growing patent estate.
Nanoco is listed on the main market of the London Stock Exchange and trades under the ticker symbol NANO. For further information please visit: www.nanocogroup.com.
About Merck
Merck is a leading science and technology company in healthcare, life science and performance materials. Around 50,000 employees work to further develop technologies that improve and enhance life – from biopharmaceutical therapies to treat cancer or multiple sclerosis, cutting-edge systems for scientific research and production, to liquid crystals for smartphones and LCD televisions. In 2015, Merck generated sales of € 12.85 billion in 66 countries.
Founded in 1668, Merck is the world's oldest pharmaceutical and chemical company. The founding family remains the majority owner of the publicly listed corporate group. Merck, Darmstadt, Germany holds the global rights to the Merck name and brand. The only exceptions are the United States and Canada, where the company operates as EMD Serono, MilliporeSigma and EMD Performance Materials.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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CloseConcepta PLC : Admission to AIM
RNS Number : 1752F Concepta PLC 26 July 2016 26 July 2016 Concepta plc ("Concepta" or the "Company") Admission to AIM Concepta plc (AIM:CPT), the pioneering UK healthcare company and developer of a proprietary platform and suite of products targeted at the personalised mobile health market with a……
RNS Number : 1752F
Concepta PLC
26 July 2016
26 July 2016
Concepta plc ("Concepta" or the "Company")
Admission to AIM
Concepta plc (AIM:CPT), the pioneering UK healthcare company and developer of a proprietary platform and suite of products targeted at the personalised mobile health market with a primary focus on women's fertility and specifically unexplained infertility, announces that Admission of its Enlarged Share Capital to trading on AIM has now commenced under the symbol "CPT". SPARK Advisory Partners is acting as Nominated Adviser and Financial Adviser to the Company with Beaufort Capital as Broker.
· Innovative player in the Mobile Health and Connected Health Sector
· Developed pioneering product 'MyLotus' for home self-testing that helps women with unexplained infertility to conceive
· MyLotus – only known consumer product to allow both quantitative and qualitative measurement of a woman's personal hCG and LH hormone levels in urine samples to help increase conception rates
· Defined route to market:
o Regulatory approvals in place for launch in China – first order from distributor with payment in advance expected after AIM admission
o CE-Marking for UK and Europe to follow in 2017
· Significant market opportunity – Chinese and EU infertility market worth c.£600m per annum
· Management has proven track record in the women's health diagnostics industry
· New Product Development growth opportunities – proprietary platform lends itself to wider family home-health monitoring to improve individual health parameters including chronic stress, inflammation, urinary tract and healthy pregnancy progression et al.
Concepta's AIM Admission follows a reverse takeover from Frontier Resources International plc ("Frontier"), the details of which can be found in the announcement made by Frontier on 25 July 2016 'Result Of General Meetings And Open Offer'.
Erik Henau, Chief Executive Officer of Concepta plc said: "We are delighted to be joining AIM at this transformational juncture of our development and believe our listing will significantly enhance our profile and visibility with future customers and partners, as we look to launch our pioneering 'My Lotus' product, targeted at helping women with unexplained infertility to conceive, across key international growth markets.
"Unexplained infertility refers to women who have been unable to conceive after six months of trying for a baby. The issue is universal and largely unaffected by demographics, and accounts for 0.36% of the total population in any given market. Many women within this group often have to wait months or even years before they are eligible for medical intervention which can lead to a long and worrying wait for women and families, not knowing whether or not anything is wrong. As such, the market opportunity for a 'best in class' product specifically aiming to help women with unexplained infertility to conceive is huge, representing a highly motivated yet neglected group.
"We are expecting a highly active start to our life on AIM, with the roll out of My Lotus in China set to commence in Q3 2016 and thereafter in the UK and Europe in 2017. In addition, our proprietary platform lends itself to wider family home-health monitoring, and we believe there are exciting growth opportunities for Concepta in the future within the growing global connected healthcare sector set to be worth $61bn by 2020 (PwC).
"Finally, the board joins me in welcoming our new and existing shareholders to our register and we now look forward to implementing our defined growth strategy focused on delivering commercial success and becoming the global market leaders for over-the counter products for women with fertility issues."
**ENDS**
Enquiries:
The Company
Adam Reynolds, Chairman
Tel: +44 (0) 7785 908158
SPARK Advisory Partners Limited (Nomad)
Neil Baldwin/Mark Brady
Tel: +44 (0)20 368 3550
Beaufort Securities Limited (Broker)
Jon Belliss
Tel: +44 (0)20 7382 8300
Yellow Jersey PR Limited (Financial PR)
Felicity Winkles/ Joe Burgess/ Josh Cole
Tel: +44 (0) 7748 843 871
About Concepta Plc:
Concepta plc is a pioneering UK healthcare company that has developed a proprietary platform and products targeted at the personalised mobile health market with a primary focus on women's fertility and specifically unexplained infertility*.
Founded in 2013, Concepta has developed a revolutionary flagship product 'MyLotus' for home self-testing that helps women with unexplained infertility to conceive.
MyLotus is the only consumer product which allows both quantitative and qualitative measurements of measurement of a woman's personal hCG and LH hormone levels in an easy to use home test to facilitate higher conception rates and early diagnosis of any fertility problems. Competitor products currently only allow qualitative measurement and are based on the 'average woman'.
Concepta has a defined route to market for its new 'My Lotus' product with Regulatory approvals for launch in China in place for 2016 and CE-Marking for UK and Europe to follow in 2017 where the revenue potential of the Chinese and EU infertility market is worth c.£600m per annum for the company.
*Unexplained infertility refers to women that have been unable to conceive after 6 months of trying. This highly motivated target group of consumers won't typically be offered medical intervention until 12 months of unsuccessfully trying, with IVF not offered until two years. Research indicates couples start to take positive action ahead of this time and there is little medical support to help them do so.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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CloseGenedrive PLC : Re change of name TIDM and website address
RNS Number : 0632F Genedrive PLC 25 July 2016 RNS For release: 25 July 2016 Genedrive plc ("Genedrive" or the "Company") Re change of name, TIDM and website address Genedrive plc (LSE: GDR), the near patient molecular diagnostics company, announces that further to obtaining……
RNS Number : 0632F
Genedrive PLC
25 July 2016
RNS
For release: 25 July 2016
Genedrive plc ("Genedrive" or the "Company")
Re change of name, TIDM and website address
Genedrive plc (LSE: GDR), the near patient molecular diagnostics company, announces that further to obtaining shareholder approval on 11 July 2016, Epistem Holdings plc has been renamed Genedrive plc and the Company's TIDM will change to GDR from 08:00 today. The Company's website address has changed to www.genedriveplc.com.
The name change follows the Company's recent £6.5m fundraising and reflects Genedrive's focus on the development and commercialisation of its disruptive molecular diagnostic device which targets market opportunities across infectious diseases and patient genotyping.
David Budd, CEO of Genedrive, commented: "While the Epistem name was reflective of the heritage of the Company, the change to Genedrive clearly reflects our intention to focus our resources on the global market opportunities in near patient and point of care molecular diagnostics. We have an opportunity to play a significant role in delivering sophisticated diagnostic testing that today millions of people cannot access. We are excited by the future of Genedrive® in bringing the power of hospital-based, central laboratory diagnostics closer to the point of need and the patient setting. Our renewed focus and the recent successful fundraising put us in a strong position to deliver on our diagnostics platform's potential and expand its testing capabilities."
The Genedrive® device and tests are designed to bring the power of central laboratory molecular diagnostics to point of care and point of need settings. The Company's tuberculosis/rifampicin resistance (MTB/RIF) test has been launched in India and a Genedrive® HCV test has been successfully assessed by the Institut Pasteur, Paris.
The Company's technology platform has broad applicability and is currently also being applied to diverse targets such as biohazard identification in a $7.8m programme with the US Department of Defense, aquaculture viral identification with the UK Centre for Environment Fisheries and Aquaculture Science, and has also recently been validated in human genotyping applications.
Genedrive continues to provide contract research services to drug development companies under the Epistem brand name.
– Ends –
For further details please contact:
Genedrive plc
David Budd: CEO +44 (0)161 989 0245
John Rylands: Finance Director
Peel Hunt LLP
James Steel +44 (0)207 418 8900
Oliver Jackson
Consilium Strategic Communications
Chris Gardner +44 (0)203 709 5700
Matthew Neal
Laura Thornton
Notes to Editors
Genedrive plc is a molecular diagnostics company developing and commercialising a low cost, rapid, versatile, simple to use and robust point of need or point of care diagnostics platform for the diagnosis of infectious diseases and for use in patient stratification (genotyping), pathogen detection and other indications. The Genedrive® platform and MTB/RIF test have been launched in India and a Genedrive® HCV test has been successfully assessed by the Institut Pasteur, Paris.
Genedrive plc was formerly Epistem plc and continues to provide contract research services to drug development companies under the Epistem brand name.
Further details can be found at: www.genedriveplc.com and www.genedrive.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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ClosePennant Int. Group : Record Order Book drives expansion of premises
RNS Number : 5582E Pennant International Group PLC 19 July 2016 19 July 2016 Pennant International Group plc (AIM: PEN) Record Order Book Drives Expansion of Pennant's Business Premises Pennant International Group plc, ("Pennant" or "the Group"), the AIM quoted supplier of integrated logistic support solutions, products and……
RNS Number : 5582E
Pennant International Group PLC
19 July 2016
19 July 2016
Pennant International Group plc (AIM: PEN)
Record Order Book Drives Expansion of Pennant's Business Premises
Pennant International Group plc, ("Pennant" or "the Group"), the AIM quoted supplier of integrated logistic support solutions, products and services, principally to the defence, rail, aerospace and naval sectors and to Government departments, is pleased to announce that in response to the need for additional design, development and production capacity resulting from a record order book and increasing business capabilities, Pennant has taken possession of two commercial premises at Staverton Connection Business Park, Cheltenham.
The new premises, which have a combined floor area of over 8, 000 sq. ft. (743 m2) will almost double Pennant's production capacity to over 20,000 sq. ft. (1,858 m2) and are located a short distance from the Group's existing facilities in Cheltenham.
Work has already commenced fitting out the interiors of the premises, which includes the installation of offices, canteen/kitchen facilities, and mezzanine floors covering 1,600 sq. ft. of workspace. It is expected that the new facilities will be fully operational by the beginning of September.
Commenting on the new facilities, Pennant's Chief Financial Officer, Phil Walker, said: "This long-term investment provides a clear indication of our confidence in the future growth, prosperity and success of the Group."
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Enquiries: |
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Pennant International Group plc |
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Phil Walker, CFO |
+44 (0) 1452 714 914 |
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Chris Snook, CEO |
+44 (0) 1452 714 914 |
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WH Ireland Limited |
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Mike Coe / Ed Allsopp |
+44 (0) 117 945 3470 |
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Walbrook PR |
www.walbrookpr.com
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Paul Vann / Tom Cooper |
+44 (0) 117 985 8989 Mob: 07768 807631 |
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRALIFSEDEIALIR
CloseNasstar PLC : Rebrand and Website Launch
RNS Number : 3785E Nasstar PLC 18 July 2016 Nasstar plc ("Nasstar", "Company" or "Group") Nasstar rebrand and website Launch 18th July 2016 Nasstar (stock code: NASA), a provider of hosted managed and cloud computing services, is pleased to announce the delivery of a key strategic aim for……
RNS Number : 3785E
Nasstar PLC
18 July 2016
Nasstar plc
("Nasstar", "Company" or "Group")
Nasstar rebrand and website Launch
18th July 2016
Nasstar (stock code: NASA), a provider of hosted managed and cloud computing services, is pleased to announce the delivery of a key strategic aim for 2016 with the launch of its new website, www.nasstar.com, under a single Nasstar brand with a new look and feel, properly reflecting the size and sophistication of the Group today.
Whilst we have now integrated many of the teams, processes and service offerings acquired in the last three years, the Nasstar, e-know.net, Kamanchi and VESK brands have still been going to market under their respective names, causing a level of confusion amongst clients buying services across the Group.
The new launch will see all operating divisions consolidate under one Nasstar brand, with investment made into a single fully integrated sales and marketing plan. The aim of the brand consolidation is to maximise the respective strengths of the various offerings within the Group and to help differentiate the full stack of services that the Group can offer, thus ensuring maximum cross sell capabilities and revenue synergy opportunities. We will continue to specialise in selected vertical markets, though we plan to widen the spread, capitalising and building on collective experience and establishing knowledge and expertise in new vertical sectors.
The launch of the new brand and web site will see e-know.net Ltd immediately renamed as Nasstar Group Ltd and the www.e-know.net domain being retired and redirected to www.nasstar.com. Over the coming months, as the new Nasstar brand gets established within the recruitment sector, the Kamanchi Ltd name will change to Nasstar For Recruitment Ltd and the VESK name will be dropped once Nasstar is established within the G-Cloud market place. Thus within six months the entire group is expected to be operating under the Nasstar brand.
For further information, please contact:-
Nasstar plc +44 (0) 1952 225 000
Nigel Redwood, Chief Executive Officer
Niki Redwood, Finance Director
finnCap Limited (Nominated Adviser & Broker) +44 (0) 20 7220 0500
Julian Blunt, James Thompson (Corporate Finance)
Stephen Norcross (Corporate broking)
About Nasstar plc
Nasstar (www.nasstar.com) and its wholly owned operating businesses provide hosted managed and cloud computing services that enable subscribers to access their corporate desktop, files, applications, data and email in the Cloud rather than using local server infrastructure. Nasstar specialise in building bespoke cloud hosted services to manage a client's entire application set, tailor made to suit specific industries, designing public, private and hybrid cloud solutions to meet the objectives of the client. The solution is a highly scalable service that provides benefits including anywhere access to computing, a standardised corporate solution that can be accessed globally and in multiple languages and cost savings when compared to the traditional IT ownership model, replacing capital expenditure with a simple usage based payment model.
Nasstar (AIM:NASA) was founded in 1998, admitted to AIM in December 2005, acquired e-know.net Limited in a reverse takeover in January 2014, Kamanchi Limited in July 2014 and VESK in October 2015.
Ends
This information is provided by RNS
The company news service from the London Stock Exchange
END
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CloseCrimson Tide PLC : Crimson Tide selected by large UK retailer
RNS Number : 3920E Crimson Tide PLC 18 July 2016 Crimson Tide PLC ("Crimson Tide" or the 'Company') Crimson Tide selected by large UK retailer Crimson Tide (TIDE), the AIM-quoted provider of mpro5 – Smart Mobility as a Service, has won a contract with a large……
RNS Number : 3920E
Crimson Tide PLC
18 July 2016
Crimson Tide PLC
("Crimson Tide" or the 'Company')
Crimson Tide selected by large UK retailer
Crimson Tide (TIDE), the AIM-quoted provider of mpro5 – Smart Mobility as a Service, has won a contract with a large UK retailer whereby mpro5 will be used to monitor store safety, cleanliness and security. The initial contract value for a pilot period is approximately £200,000. Subject to a successful pilot period, the retailer will deploy mpro5 for a 48-month term with a considerably higher value.
The roll-out involves implementing the mobility platform to enable the scheduling of regular cleaning, reactive cleaning and incident capture as well as providing dynamic audits and bespoke management dashboards. Jobs are scheduled via the mpro5 website, and are then pushed to a mobile device. Remote users monitor business workflows and capture pertinent information which is then automatically synchronised with the cloud to the central repository. Real time audit dashboards and reports are securely shared to relevant management.
mpro5 provides barcode scanning and cloud-based synchronisation services via Microsoft Azure, renowned for its reliability, scalability and security. This enables real-time information upload, quick verifications and multi-way data request transmittals.
This customer stands to benefit from improvements in reporting and visibility, quality auditing, health and safety, financial savings, consumer satisfaction and overall efficiency and productivity. mpro5 provides additional protection against any spurious 'slip-and-trip' claims in large, multi-site retail environments.
Barrie Whipp, Executive Chairman of Crimson Tide, said: "Our team has worked diligently in providing a solid business case to our client, which has resulted in this success. I am delighted we are able to assist this household-name customer in transforming its business and ultimately providing true ROI using mpro5."
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For further information:
Crimson Tide plc
Barrie Whipp 01892 542 444
Steve Goodwin
WH Ireland
James Joyce /James Bavister 020 7220 1666
Allerton Communications
Peter Curtain 020 3137 2500
peter.curtain@allertoncomms.co.uk
Notes to editors
Founded in 1996 and quoted on AIM since 2006, Crimson Tide plc is the provider of mpro5 – Smart Mobility as a Service (SMaaS). mpro5 is delivered on smartphones, tablets and PDAs, and enables companies to transform their businesses and strengthen their workforces.
Crimson Tide offers a global service, working with some of the world's leading companies, tailoring mpro5 to suit customer needs. Developed over 10 years by its world-class team, mpro5 is the smart choice for organisations large and small that want to improve productivity and save money.
mpro5 is a platform-agnostic mobility suite fully hosted on Microsoft Azure, so customers are quickly up and running and the service is scalable and robust. It is provided on subscription, so clients can immediately see a return on their investment.
mpro5 not only helps people improve their day-to-day working methods while saving employers money, it also saves lives, by enabling haemophilia patients to verify the safety of their medication before use. mpro5 clients come from a diverse range of industries allowing the Company to listen, share and find the best solution for all mobility needs.
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseTransense Technlgy : Licence Agreement with GE
RNS Number : 3908E Transense Technologies PLC 18 July 2016 18 July 2016 Transense Technologies Plc ("Transense" or "the Company") Licence Agreement with GE Transense Technologies Plc (AIM: TRT), the provider of sensor systems for the transportation and industrial markets, is pleased to announce that it has……
RNS Number : 3908E
Transense Technologies PLC
18 July 2016
18 July 2016
Transense Technologies Plc
("Transense" or "the Company")
Licence Agreement with GE
Transense Technologies Plc (AIM: TRT), the provider of sensor systems for the transportation and industrial markets, is pleased to announce that it has signed a licencing agreement (the "Agreement") with General Electric Company ("GE") for the use of Transense's patented, wireless, passive Surface Acoustic Wave (SAW) technology in certain specific torque applications.
The Agreement, which is non-exclusive, provides for a non-refundable payment to Transense of US$500,000 on signing. GE will pay a further non-refundable payment to Transense of US$250,000, subject to the Company's SAW technology passing various tests to be conducted by GE. Should GE not make this further payment by 30 June 2017, the licence will terminate. In addition, GE will pay a perpetual sales royalty to the Company in respect of each unit using the technology.
Graham Storey, CEO of Transense Technologies, said: "The signing of this licensing agreement with GE is a very significant development for Transense. Having worked closely with GE since the signing of the memorandum of understanding a year ago, we are very pleased that they have recognised the value of incorporating our SAW technology in certain of their products and are making this commitment. As the licence to GE is both non-exclusive and is valid for only a relatively narrow field of use it clearly benchmarks the overall value of the Company's IP portfolio. We continue to work with other potential partners to deploy our SAW technology in the commercial environment."
For further information please visit www.transense.co.uk or contact:
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Transense Technologies Plc Graham Storey, Chief Executive
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Tel: +44 (0) 1869 238380
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finnCap Ed Frisby, Giles Rolls (Corporate Finance) Tony Quirke, Alice Lane (Corporate Broking)
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Tel: +44 (0) 20 7220 0500
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IFC Advisory Tim Metcalfe, Graham Herring, Heather Armstrong
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Tel: +44 (0) 20 3053 8671
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About GE
GE (NYSE: GE) is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store" through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com.
About Transense Technologies
Based in Oxfordshire, UK, Transense has developed patent-protected sensor systems and supporting technology for use in a variety of diverse high growth markets. Transense's Surface Acoustic Wave (SAW), wireless, battery-less, sensor systems offer significant advantages over legacy wireless sensor systems. Transense is targeting the transport and mining industries, and the global torque, temperature and pressure sensing markets, via its trading divisions, Translogik and SAWSense.
Transense's shares are admitted to trading on AIM, a market operated by the London Stock Exchange (AIM: TRT).
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
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