8th May 2007 07:02
Pursuit Dynamics PLC08 May 2007 8 May 2007 PURSUIT DYNAMICS PLC ("Pursuit Dynamics" or "the Company") FORMAL LAUNCH OF PDX WORT HEATER AT EUROPEAN BREWING CONVENTION, VENICE SECOND ORDER FOR NEW SYSTEMS ACHIEVED Pursuit Dynamics PLC (AIM: PDX) will launch its high performance PDX Wort Heaterat the European Brewing Convention on 6 - 10 May 2007 where, John Heathcote,Chief Executive Officer, will make the following statement: "The PDX Wort Heater is a highly efficient energy solution for the brewingindustry; it delivers substantial energy savings of up to 50% at point of useand provides impressive results during the intensive wort boiling processwithout compromising on quality or flavour. The key to the revolutionary deviceis the shockwave technology it harnesses, which delivers the high performanceresults. Furthermore, it is reliable, has no moving parts, can be cleaned inplace and optimises process operations. "We are committed to delivering ongoing, innovative energy and cost savingtechnologies which enable our customers to remain at the forefront of theirindustries. The PDX Wort Heater represents a significant advancement in terms ofenergy and process efficiency for all brewing companies regardless of theirsize. "Pursuit Dynamics plc, parent company of Pursuit Processing Equipment, has beenin development with Molson Coors for three years resulting in its purchase ofthe first development system from Pursuit Dynamics recently. "Through its partnership with Coors, Pursuit Processing Equipment has proventhat the PDX Wort Heater delivers large energy savings, enhanced volatilestripping, and increased process controllability, combined with the additionalbenefits of reduced process and cleaning times." Commenting on the system, Steve Price, Director of Brewing Technology MolsonCoors Brewing Company, added: "The PDX Wort Heater is the culmination of threeyears of co-operative development with Pursuit. They share our passion forinnovation and excelling in the beer business. This unit provides a creativesolution to maintaining the quality of beer while reducing energy demand whichis good for Coors and good for the environment." Shepherd Neame Pursuit Processing Equipment is also pleased to announce that Shepherd Neame,Britain's oldest brewer, has placed an order for two PDX Wort Heaters. The firstof these will be installed at its Faversham site during July 2007. John Heathcote, CEO Simon Hudson, Rachel DrysdalePursuit Dynamics PLC Tavistock CommunicationsTel: +44 (0)1480 422050 Tel: +(0) 44 20 7920 3150 ABOUT PURSUIT DYNAMICSPursuit Dynamics PLC owns, and is developing, a patented platform technologywith applications across a number of industries. The core technology is based ona gas driven, supersonic shockwave system that produces controllable mixing,heating and process flow rates. Pursuit Dynamics operates as an R&D, directsales and licensing company and has already proved the application of itstechnology in the food industry. Its PDX(R) Sonic fluid processing product,which is a highly efficient system for use in the manufacture of prepared foodsand soft drinks, was launched in January 2005 and has been licensed to a numberof leading industry players in the EU, USA and Central America. Other potentialindustry areas under development include applications for waste treatment,brewing, personal healthcare, bio-ethanol and oil and gas. In addition to its applicability to process flow manufacturing industries, thetechnology has been adapted to address the markets for fire suppression anddecontamination. FireMist(R), Pursuit Dynamics' patented fire suppressiontechnology, is the most effective of all commercially available water mistsystems and has successfully extinguished Class A and B fires in building andaircraft simulation fire tests. In December 2005, Pursuit granted an exclusiveglobal licence for fire suppression to Tyco Fire & Building Products, a divisionof Tyco International Ltd (NYSE: TYC; BSX: TYC), the world leader in firesuppression. First revenues from this agreement are anticipated in 2007. In March 2006, Pursuit completed a one year contract with DARPA, a USgovernmental defence research agency for an application of its PDX(R) Basiliskdecontamination system. The system has a number of applications fordisinfection, human and animal healthcare and in the defence industry,principally in chemical and biological defence applications. Pursuit Dynamics is headquartered in Huntingdon, UK and has a US office inNorwalk, Connecticut. Pursuit Processing Equipment, the processing equipmentdivision of Pursuit Dynamics, operates from its own facility in Brooklands,Surrey, UK. Pursuit Dynamics is quoted on the AIM market of the London StockExchange (ticker: PDX). This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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