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RNS Number : 9336Y

Proton Power Systems PLC

23 May 2016

 

 

 

23 May 2016

 

Proton Power Systems plc

 

("Proton" or the "Company")

 

 

Order for 75kVA Containerized Fuel Cell Stationary Power System  for the Orkney Islands "Surf and Turf" project

 

Proton Power Systems plc (AIM: PPS), a clean tech total power solution provider and designer, developer and producer of fuel cells and fuel cell electric hybrid systems, is proud to announce, that it has received an order for a 75kVA containerized fuel cell stationary power system for the Orkney Islands "Surf and Turf" project.

The 'Surf and Turf' project involves generating hydrogen from wind and tidal energy and using it as the energy storage medium. The hydrogen is used to provide electricity for the Orkney Islands harbour. The wind and seas around the Orkney Islands provide an abundance of renewable energy resources. Through concerted efforts, communities like Orkney Islands are now starting to see the benefits of ownership of renewable power generation capacity. This project will see the Orkney Islands take a small, but important, step towards rising to the challenge of managing the limits of its energy infrastructure. This project will help unlock the constraints imposed by 20th century power cables and a is great demonstration of how our technology can help overcome the shortcomings of the local electricity grid.

Proton will provide a 75kVA containerized fuel cell stationary power system for a total contract value of more than €0.5 million to be delivered in 2016.

Faiz Francoise Nahab Ph.D., CEO of Proton, said: "This is a very important order for us. The fuel cell system is based on our 25kVA system, which is operated in a modular mode. The container has all necessary components to be connected to the local grid. Proton is responsible for the turn key delivery of the container. We hope to see more applications in this market sector and more islands like the Orkney Islands taking a proactive role. Proton expects a fast growing demand worldwide for this type of applications. Storing wind and solar energy is a big challenge and we have the right solution to use such green energy in stationary or mobile applications".

 

– Ends –

 

 

For further information:

Proton Power Systems plc
Dr Faiz Nahab, CEO
Achim Loecher, FD Ian Peden, Chairman	Tel: +49 (0) 89 127 626 550 Tel: +49 (0) 162 101 6470
	www.protonpowersystems.com

 

 

Stockdale Securities Limited Nominated adviser and broker	Tel: +44 (0) 20 7601 6100
Antonio Bossi / David Coaten	www.stockdalesecurities.com

 

 

About Proton Motor

Proton Motor is an expert in industrial fuel cells, fuel cell and hybrid systems with more than 21 years of experience in this sector.  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 mobile, marine and stationary solutions and 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, SPower also offers solutions for Solar Systems as well as a new product line for Solar Energy Storage. With the SPower expertise, Proton Motor can offer complete power supply solutions with fuel cell and all electrical components.

 

Proton Motor Fuel Cells GmbH is wholly owned subsidiary of Proton Power Systems plc.  The Company has been listed on the London Stock Exchange since October 2006 (code: PPS).

 

 

This information is provided by RNS

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RNS Number : 9752Y

Quixant PLC

23 May 2016

 

Quixant plc

("Quixant" or the "Company")

Signing of multi-year contract with Ainsworth Game Technology

Quixant (AIM: QXT), a leading provider of specialised computing platforms and monitors for gaming and slot machine applications, is pleased to announce that it has signed a multi-year contract with Ainsworth Game Technology (ASX: AGI) ("Ainsworth"), a premier manufacturer of global gaming solutions.

Under the terms of the agreement, Quixant will supply Ainsworth with the next generation of computer platforms for its gaming machines securing the relationship for a further 5 years to 2021. Ainsworth is an existing customer and Quixant has supplied them since 2007.

Vince Bruzzese, General Manager R&D of Ainsworth commented: "I am very pleased that we are continuing our relationship with Quixant.  Ainsworth and Quixant have enjoyed a strong and fruitful partnership over several years."

Nick Jarmany, CEO of Quixant commented: "We are delighted that we will be continuing our relationship with Ainsworth for at least another five years. Ainsworth is known for its high performing gaming machines and we are proud to continue to be their exclusive supplier of computer gaming platforms."

For further information please contact:

Quixant plc

Tel: +44 (0)1223 892696

Nick Jarmany, Chief Executive

Jon Jayal, General Manager

 

Nominated Adviser and Broker:

finnCap

Tel +44(0)20 722 0500

Matt Goode (Corporate Finance)

Grant Bergman (Corporate Finance)

Simon Johnson (Corporate Broking)

 

Financial PR:

Alma PR

John Coles    Tel: +44 (0)7836 273660

Hilary Buchanan  Tel: +44 (0)7515 805218

 

This information is provided by RNS

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RNS Number : 3061Y

Xeros Technology Group plc

16 May 2016

 

16 May 2016

 

Xeros Technology Group plc

 

Full scale trial of Xeros' technology in leather processing completed

 

Xeros Technology Group plc (AIM: XSG, 'Xeros' or 'the Group'), the innovative developer of patented polymer bead systems with multiple identified commercial applications, has successfully completed a full scale trial of its technology within a leading tannery.

The trial was part of a multi-phase joint development agreement with LANXESS Deutschland GmbH to advance the application of Xeros' patented polymer bead technology in the leather processing industry.

The full scale trial which was conducted by a leading independent tannery has shown that material reductions in water, chemistry and effluent are achievable by using Xeros' technology in the retanning and dyeing phase of leather processing.  When Xeros' technology was applied to this phase of the process, the water used and the effluent generated were reduced by over 50%. The leather produced was judged to be of excellent quality in terms of look, feel, and handle.

 

The Group intends to continue further trials to determine the maximum potential of its technology in this field whilst simultaneously progressing its commercialisation plan.

 

Mark Nichols, Chief Executive of Xeros, said:

                                                                                                         

 "This is an important development which hails a step change in the sustainability of the leather processing industry.

 

"This successful trial provides encouraging evidence of the momentum building across the Group's activities and demonstrates another application of our platform technology."

 

Note:

 

Leather processing involves four phases: beamhouse, tanning, retanning & dyeing and finishing. The trial just concluded focussed on the third phase in the process.

 

For further information, please contact:

 

Xeros Technology Group plc                                                                              Via Instinctif Partners                   

Mark Nichols, Chief Executive

Chris Hanson, Chief Financial Officer

www.xeroscleaning.com

 

Jefferies International (Nominated Adviser and Joint Broker)           Tel: 020 7029 8000

Simon Hardy / Harry Nicholas                                                                   

www.jefferies.com

Berenberg (Joint Broker)                                                                                    Tel: 020 3207 7800           

Chris Bowman / Ben Wright / Amritha Murali                                    

www.berenberg.com

 

Instinctif Partners (Financial PR)                                                                     Tel: 020 7457 2020

Helen Tarbet / James Gray                                                                         

www.instinctif.com

 

 

 

 

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RNS Number : 9917X

W.H. Ireland Group PLC

12 May 2016

 

WH Ireland Group Plc

 

("WH Ireland" or the "Company")

 

WH Ireland Appointed Discretionary Investment Manager for Isle of Man Government

The Company confirms today that its Isle of Man office has been appointed to manage two investment mandates for the Isle of Man Government. The award of the business follows a lengthy and rigorous tender process, which saw the Company's proposal considered by Treasury, a Department of the Isle of Man Government and managed through Procurement Services. WH Ireland will manage the two mandates for a fixed term of five years. The appointment as discretionary investment manager comes just two years after WH Ireland established its Isle of Man office, a period which has seen the Company enjoy impressive growth in its international client base.  Richard Killingbeck, Group CEO, WH Ireland, said: 'This is a strong endorsement of the Isle of Man office and the WH Ireland Group.  Our international division has grown significantly from two to eight staff since the office launched in February 2014. The appointment to manage the two mandates gives us a sound platform to continue the growth of our international business and further strengthen our Isle of Man team.' Will Corrin, Managing Director of WH Ireland (IOM), said: 'The award of these mandates is fantastic news and is a testament to the work undertaken by the team in the Isle of Man office over the last two years together with the support of the wider WH Ireland Group.  'From a standing start the office has quickly established itself as a premier provider of investment management services to the local community and further afield. 'We are seeing continuing growth within our business and the award of the Isle of Man Government mandates is an endorsement of our approach and philosophy in today's challenging markets.'

For further information please contact:

 

WH Ireland Group plc                                                                                           www.wh-ireland.co.uk

Richard Killingbeck, Chief Executive Officer                                                       +44(0) 20 7220 1666

SPARK Advisory Partners Limited
Mark Brady/Miriam Greenwood	+44(0) 203368 3551/3550

 

 

This information is provided by RNS

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RNS Number : 5783X

Avanti Communications Group Plc

09 May 2016

 

AVANTI COMMUNICATIONS GROUP PLC

EE Contract Win

 

Avanti Communications Group plc ("Avanti" or "the Group"), a leading provider of satellite data communications services in Europe, the Middle East and Africa, announces that it has won a contract to supply EE Limited with satellite capacity for cellular backhaul.

 

Avanti will connect a number of cellular sites across the UK to EE's network using the HYLAS 1 and 2 satellites, to provide communications in remote areas and additional network resilience.

 

The first phase of this multiyear contract has an initial value of $29m, plus options to double the capacity.

 

David Williams, Chief Executive Officer of Avanti, said: "We have designed the HYLAS satellite fleet to offer the highest levels of network quality and flexibility, beyond the levels that have been previously available via satellite. This contract win demonstrates those qualities and affirms our ability to deliver at the highest level".

 

Mansoor Hanif,  Director of Radio Access Networks at EE, said: "We are delivering a highly resilient, truly nationwide 4G network and Avanti will play a key part in providing resilience and extending this network into rural areas."

 

 

 

For further information please contact:

Avanti: Matthew Springett, +44 (0)207 749 6703

Montfort: Nick Miles / James Olley, +44 (0)203 770 7909

Redleaf: Hannah Nicolas, +44 (0)207 382 4734

Cenkos Securities: Max Hartley (Nomad) / Julian Morse, +44 (0)207 397 8900

 

 

 

 

Notes to editors

 

About Avanti Communications

Avanti connects people wherever they are – in their homes, businesses, in government and on mobiles. Through the HYLAS satellite fleet and more than 180 partners in 118 countries, the network provides ubiquitous internet service to a quarter of the world's population. Avanti delivers the level of quality and flexibility that the most demanding telecoms customers in the world seek.

 

Avanti is the first mover in high throughput satellite data communications in EMEA. It has rights to orbital slots and Ka-band spectrum in perpetuity that covers an end market of over 1.7bn people.

 

The Group has invested $1.2bn in a network that incorporates satellites, ground stations, datacentres and a fibre ring.

 

Avanti has a unique Cloud based customer interface that is protected by patented technology.

 

The Group has three satellites in orbit and a further two fully funded satellites under construction.

 

Avanti Communications is listed in London on AIM (AVN:LSE).

 

www.avantiplc.com

 

About EE

EE, part of the BT Group, is the largest and most advanced digital communications company in Britain, delivering mobile and fixed communications services.

 

EE has approximately 553 retail stores, and services more than 31 million connections across its mobile, fixed and wholesale networks.

This information is provided by RNS

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RNS Number : 4322X

BMR Group PLC

06 May 2016

 

BMR Group PLC

("BMR" and the "Company")

Confirmation of ZEMA approval

BMR Group PLC, the Zambian-focused mineral processing business is delighted to announce that on 5 May 2016 it received confirmation from the Zambia Environmental Management Agency (ZEMA), that its Environmental Social Impact Assessment, in respect of its tailings retreatment process and the construction of its planned Pilot and Main Treatment Plants in Kabwe, which was submitted in December 2015, has been approved.

The terms of ZEMA's approval include conditions typical in such projects, including the requirement for BMR to conduct air modelling and hydro-geological studies and to install pollution abatement equipment prior to commencing operations, and to submit bi-annual results of its monitoring programme to ZEMA, as well as to ensure continuous vegetation of new tailings.

The Company has continued to refine its plans for the Pilot Plant with the process and engineering design work for its construction already being at an advanced stage.  The Company is currently focused on assessing the appropriate levels of both capital expenditure and operating expenditure that are necessary for the construction and subsequent commercialisation of the Pilot Plant.  The costings will now include provision for a Solvent Extraction plant designed to enhance the quality of the products that will therefore augment their end value.

A further announcement will be made later this month regarding the costings, following a peer review, and the timing of the construction of the Pilot Plant, in light of the ZEMA approval.

Alex Borrelli, CEO and Chairman, commented:

"We are very pleased to have received the approval from ZEMA for the Pilot Plant. We believe that this major milestone underpins the value of the Company's assets at Kabwe and is a significant step-forward in the development of a major, cash-generative business. We are also grateful to our shareholders for their patience over the recent period, while we have been working diligently behind the scenes to achieve this result.

"This approval clears the way for the BMR management team to proceed with our plans to build and start operating the Pilot Plant as soon as practicable. In the immediate future, we will finalise the plant costings and construction schedule and update shareholders accordingly."

Ends

 

For further information:

BMR Group PLC 020 7734 7282

Alex Borrelli, CEO and Chairman

WH Ireland Limited 020 7220 1666

NOMAD and joint broker

Chris Fielding, Head of Corporate Finance

 

Peterhouse Corporate Finance 020 7469 0930

 

Joint Broker  

                                             

Lucy Williams/Duncan Vasey/Heena Karani

 

 

This information is provided by RNS

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RNS Number : 1197X

Sprue Aegis plc

04 May 2016

 

4 May 2016

Sprue Aegis plc

("Sprue", the "Company" or the "Group")

 

Product Testing Completed

 

Sprue (AIM: SPRP), one of Europe's leading home safety products suppliers, announces that it has been notified that the Company has completed the final key testing milestone of its new European product variants. In accordance with the standard process, receipt of formal paperwork and certification documentation will follow which will allow full scale manufacturing production to commence.

 

 

– Ends –

For further information, please contact:

Sprue Aegis plc                                                 0247 771 7700

Graham Whitworth, Executive Chairman

Neil Smith, Group Chief Executive

John Gahan, Group Finance Director     

              

Stockdale Securities                                        020 7601 6100

Tom Griffiths   

 

Notes to Editors

About Sprue Aegis plc

Sprue's mission is to protect, save and improve our customers' lives by making innovative, leading edge technology simple and accessible.

Sprue is one of the market leaders in the European home safety products market.  Its principal products are smoke alarms and CO alarms and accessories and the Group has an extensive portfolio of patented intellectual property. Sprue has patented its technology in Europe, the US and other selected territories. 

The introduction of new technologically advanced products and new safety products legislation in the UK and in Europe, and increasing levels of awareness of the dangers of smoke and CO, continue to drive sales.

Sprue manufactures CO sensors at its subsidiary, Pace Sensors for use in its CO alarms.  All other manufacturing and product assembly is outsourced to two principal third party contract manufacturers in China, one of which is Jarden Corporation which owns 23.6% of the Group and Pace Technology which is independent from Jarden Corporation.

Sprue enjoys a leading sales footprint in UK Retail and the UK's Fire & Rescue Services.  The Group also supplies the UK's Utility and Leisure sector which includes customers such as British Gas and Scottish Gas and has a well-established but relatively low market share of the UK Trade sector.   Sprue has a rapidly growing business in Continental Europe mainly selling through a network of independently owned third party distributors

The Group has won a number of prestigious Sunday Times Virgin Fast Track 100 Awards, which recognises the 100 fastest growing companies in the UK.  Sprue's head office is in Coventry and it has a second office in Gloucester.   Warehousing is located in Cambridge and Gloucester

Sprue's range of products is comprehensive, allowing the Group to tailor the range of smoke alarms, CO alarms and accessories to suit its customer needs at various price points under the following brands:

Ø FireAngel.  A market-leading and innovative battery operated alarm principally targeted at UK Retail and UK F&RS

Ø AngelEye.  Launched in 2012, Sprue sells smoke alarms and CO detectors principally into the French market under the AngelEye brand and to Sainsburys in the UK.  AngelEye has become a leading brand targeted at the DIY channel in France

Ø SONA.  A new, low power mains powered range of smoke and heat alarm products plus CO detection that are market leading and which can be wirelessly interconnected with up to 50 products on a single network

Ø FireAngel Pro.  Mains-powered smoke alarm with a 10 year, sealed for life lithium battery back-up.  Modern design, quick fitting, tamper-proof mounting plate which locks the alarm head securely in place.  Mounting plate has wide, easily accessible connection to the mains feed. Cable knock-out allows for compatibility with YT2 cable trunking

Ø Pace Sensors.  CO sensors used within Sprue's CO products are developed by Sprue and Pace Sensors, Sprue's wholly owned subsidiary in Canada. Pace Sensors' CO sensors are used within all FireAngel, AngelEye and Pace Sensors CO detectors and certain First Alert branded CO detectors

Sprue has the exclusive rights to distribute the products and brands of BRK Brands Europe Limited (a subsidiary of Jarden Corporation) in Europe namely, First Alert, BRK and Dicon.  First Alert is one of the leading safety products brands in North America.

For further product information, please visit:  www.sprue.com.

 

 

 

This information is provided by RNS

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RNS Number : 8920W

Trakm8 Holdings PLC

03 May 2016

 

TRAKM8 HOLDINGS PLC

 

("Trakm8" or the "Group")

 

ScottishPower Awards Trakm8 Telematics Contract

 

 

Trakm8, the AIM quoted telematics and data provider to the global market place, is pleased to announce it has been awarded an initial four year contract by ScottishPower to supply Fleet tracking and driver behavior solutions for 1,608 vehicles.

 

ScottishPower is part of the Iberdrola Group and is one of the UK's leading utility companies, working often in extreme weather conditions. Telematics are expected to play a significant part in improving operational efficiency and management of the technical fleet.

 

Trakm8 will provide hardware and data services based on the very latest T10 and Light bar hardware and Trakm8's innovative risk and vehicle service data analysis tools. The vehicle hardware installation will take place during H1 of 2016.

 

 

John Watkins, Executive Chairman of Trakm8 commented: 

"We are delighted to have ScottishPower as a customer for Trakm8's commercial vehicle fleet telematics solutions. We have been providing telematics to major fleets for many years but this is the first major customer for our full function T10 product and Swift 6 driver profiling. This contract provides additional visibility for our expectations for the current financial year."

 

John Moore, Vehicle Maintenance Manager of ScottishPower commented: 

"We undertook a rigorous supplier selection process and are pleased to have selected, what we believe, to be the best value telematics solution for ScottishPower."

 

 

-ends-

 

For further information please contact:

 

Trakm8 Holdings plc	+44 (0) 174 785 8444
John Watkins, Executive Chairman
James Hedges, Finance Director
finnCap (Nomad and broker)	+44 (0) 20 7220 0500
Ed Frisby / Simon Hicks – corporate finance
Joanna Scott – corporate broking
MHP Communications	+44 (0) 20 3128 8100
Reg Hoare
Jade Neal

 

 

About Trakm8

Trakm8 is a UK based Big Data company utilising telematics as its primary enabler. Through IP owned technology, over two billion miles worth of data is collected annually through its fleet management solutions to create and fine tune algorithms used to score driver behaviour, monitor vehicle health and continuously improve the security and operational efficiencies of customers' vehicles.

 

With its headquarters in Dorset and a manufacturing facility in the West Midlands, the Group supplies a number of well-known customers in the fleet management and insurance sectors across the UK and further afield including customers such as the AA, Saint Gobain, EON, Direct Line Group and Young Marmalade.

 

The Group's portfolio offers complete telematics solutions, which since the acquisition of the business and assets of DCS Systems, includes dashboard cameras that enable customers to record driving incidents and mitigate the risk from "crash to cash" accidents. This is complemented through a comprehensive hardware range, which includes a self-install unit that is one of the smallest available on the global market.

 

Recently, the Group acquired Route Monkey, significantly enhancing the Group's logistics solution which offers both route scheduling and optimisation, including routing for electric vehicles.

 

Trakm8 has been listed on the AIM market of the London Stock Exchange since 2005.

 

www.trakm8.com / @Trakm8

 

About Scottish Power

ScottishPower is part of the Iberdrola Group, a global energy company and world leader in wind energy with operations focused in the UK, US, Brazil, Mexico and Spain. ScottishPower operates in the United Kingdom through the following business companies: Scottish Power Generation Holdings Ltd (SPGHL), Scottish Power Energy Networks Holdings Ltd (SPENHL) and ScottishPower Renewable Energy Ltd (SPREL).

 

Our Generation business produces circa 26k GWh of electricity p.a. our Transmission and Distribution business owns and operates our transmission and distribution network with around 3.3 million customers whilst our Retail business supplies gas and electricity to around 5.7 million customers.

 

Business Services Fleet is responsible for the procurement, maintenance, repair and disposal of all vehicle requirements for ScottishPower. It is the fleet area's responsibility to ensure the ScottishPower fleet remains compliant in relation to vehicle legal requirement and Operator License responsibility.

This information is provided by RNS

The company news service from the London Stock Exchange

 

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Neville Registrars is delighted to welcome Belgravium Technologies Plc as the newest addtion to its list of client companies.

Belgravium Technologies Plc is a market leader in enterprise mobile computing solutions with a Global base of over 500,000 installations.

Further information can be found on the Company's website: http://www.belgravium-technologies.com/

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RNS Number : 7281W

Proton Power Systems PLC

29 April 2016

29 April 2016

 

Proton Power Systems plc

 

("Proton" or the "Company")

 

 

Order for fuel cell emergency power supply systems
in outdoor cabinets

 

Proton Power Systems plc (AIM: PPS), a Clean Tech total power solution provider, uniquely the designer, developer and producer of fuel cells and fuel cell electric hybrid systems, is pleased to announce, that it has received from a blue chip German customer a significant order for Fuel Cell Emergency Power Units. The total order value is €1.8 million for a number of systems which are all expected to be delivered and installed during 2016. Further orders from this customer for similar applications are expected in 2017 and the following years.

 

The power range of the units to be delivered to this customer varies from 6 to 8kVA and the units will be contained in outdoor cabinets including hydrogen storage, fuel cells, UPS (Uninterruptible Power Supply) and auxiliary components. These units provide a complete solution based on hydrogen fuel cell technology for long backup time, supplying clean energy for critical loads.

 

Faiz Francoise Nahab Ph.D., CEO of Proton, said: "This is a key milestone that will provide year on year revenue streams as commercialization of our core technology is now realized. Our continued investment in our manufacturing capability is now bearing fruits. This is a very important showcase of the company's products as multiple installations with integrated solutions are deployed with this blue chip customer. This order demonstrates our expertise in providing complete solutions with a fuel cell as part of a UPS system with a very long backup time. The combination of fuel cell and UPS technology allows us to design complete solutions also for customers with high power rating requirements. We are confident that our business will see an increase in demand for hydrogen based applications in 2016 and beyond ".

 

– Ends –

 

 

For further information:

Proton Power Systems plc
Dr Faiz Nahab, CEO
Achim Loecher, FD Ian Peden, Chairman	Tel: +49 (0) 89 127 626 550 Tel: +49 (0) 162 101 6470
	www.protonpowersystems.com

 

 

Stockdale Securities Limited Nominated adviser and broker	Tel: +44 (0) 20 7601 6100
Antonio Bossi / David Coaten	www.stockdalesecurities.com

 

 

About Proton Motor

Proton Motor is an expert in industrial fuel cells, fuel cell and hybrid systems with more than 21 years of experience in this sector.  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 mobile, marine and stationary solutions and applications.  The product portfolio consists of base-fuel cell systems, standard complete systems, as well as customized systems.

 

Proton Motor acquired and integrated SPower GmbH in 2013. Established in 2007, SPower 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, SPower also offers solutions for Solar Systems as well as a new product line for Solar Energy Storage. With the SPower expertise, Proton Motor can offer complete power supply solutions with fuel cell and all electrical components.

 

Proton Motor Fuel Cells GmbH is wholly owned subsidiary of Proton Power Systems plc.  The Company has been listed on the London Stock Exchange since October 2006 (code: PPS).

 

 

 

This information is provided by RNS

The company news service from the London Stock Exchange

 

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