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Contract Win

15th Sep 2011 07:00

RNS Number : 2717O
Pursuit Dynamics PLC
15 September 2011
 



Pursuit Dynamics PLC

("PDX" or "the Company")

 

PDX announces food contract

 

PDX is pleased to announce a contract win to supply a PDX fully-integrated food system to one of Europe's leading food producers. The producer, which manufactures some of the UK's best-known food brands, is a returning customer.

 

The contract is worth approximately £400,000, with the revenue being recognised in stage payments over the next three months. 

 

This contract demonstrates the growing strength of PDX's offering in the food and beverage sector and our ability to deliver process and energy efficiencies to large-scale producers.

 

Commenting on the contract, Roel Pieper, CEO of PDX, said:

 

"This contract demonstrates the value of PDX technology to the food and beverages market, and the success that Heinz-Juergen Kroner (General Manager, Brewing and Food) and his team are having in establishing PDX's offering in this sector."

 

- Ends -

 

For Further Information, please contact:

 

Pursuit Dynamics PLC

Roel Pieper, CEO

Tel: +44 (0)1480 422050

Richard Webster, CFO

Financial Dynamics

Marc Cohen

Rose Oddy

Tel: +44 (0) 20 7831 3113

Cenkos Securities

Ian Soanes

Max Hartley

Tel: +44 (0)20 7397 8924

Mirabaud Securities

Rory Scott

Tel: +44 (0) 20 7878 3360

 

 

About PDX

 

- PDX (AIM: PDX) owns and commercialises the PDX Atomiser and Reactor

technologies that enable significant reductions in energy usage, process acceleration and result enhancement for a wide range of industrial processes and applications.

 

- The PDX business model is currently organised into five Lines of Business

Biofuels; Brewing, Food and Beverages; Public Health and Decontamination;

Industrial Licensing; Water.

 

- PDX is headquartered in Huntingdon with an office in London,

Schaffhausen, Denver and Connecticut.

 

- Further information is available at the Company's website: www.pdx.biz 

 

- Publication quality photographs are available from FD

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