RNS Number:3311Q
Pursuit Dynamics PLC
01 October 2003
Pursuit Dynamics plc ("Pursuit" or "the Company")
Water Industry Update
Pursuit Dynamics plc announces that trials carried out on its innovative PDX
Technology by Sonico Ltd ("Sonico") have been successful. Following the
satisfactory completion of the trials programme, and having reached the end of
the exclusivity period, Sonico requested the exclusive licence to utilise the
technology for a number of applications within the wastewater industry. However,
Pursuit has received further expressions of interest relating to the use of the
PDX Technology in the wastewater industry from other major companies within this
sector. Consequently, the Board of Pursuit has rejected the request for an
exclusive licence but remains in discussions with Sonico regarding the possible
granting of non-exclusive licences for specific applications in the wastewater
industry.