Surface Transforms, is now the time to build a stake.

Gelp there is a lot more going on than meets the eye. The development contract with not one (Jan 2005) but two (new deal later in 2005) of aircraft braking for certain new and existing aircraft is on going. This is not a quick process, the same for cars, as it must go through massive amounts of testing and qualification to put it under all types of stress and lifetime cycles. System ST for car brakes is available for certain models but for OEM's as yet there is not one, this is due to the testing and qualification, with the System ST sold from ST they have the responsibility for performance (and problems), but when it comes from an OEM the OEM takes the fall, so all we know now is that some OEM's are testing and trialling the system, and when one passes it for fitment on OEM models, this will be the big sign in so far as car brakes (as passing tests for one OEM means it should pass all later OEM tests). That is expected to be some time in 2006 and should link in with the new factory being finished (as a small OEM would likely get SCE to make the disks but a larger OEM later would do it under license and the new factory allows

Also going on is the rocket components trials and all sorts of other tests and trials for other applications. Keep holding and adding is what I will do and as I say, in 4 years time I fully expect these to be well over 200p. Patience is the key, this is an investor share, not a trader share, one to build a holding in at cheap prices for later years.

Have attached below in bold the key items from the results about brake tests and also the new ST Tech 2 factory, which all point to some time in 2006 some very good news.


Science & Technology Group

Good progress has been made by the Science & Technology Group headed by Julio
Faria. The first design phase of the new carbon siliconisation plant (ST-Tech 2) was completed within budget in June 2005. The next two phases comprising plant assembly and commissioning are scheduled for completion in early 2006.

This next generation ST-Tech 2 plant is a key part of delivering the Company's
business model. Once brake applications have been developed and commercialised,
the business model incorporates the sale and commissioning of Surface
Transforms' technology at the client's production site. Surface Transforms will
then base its licence fee on the number of each brake unit produced. When
completed, the new plant should cost less than half the capital cost of the
current technology and it is expected to reduce the current unit cost of an
automotive ceramic brake disc significantly.

Patent applications for ST-Tech 2 have been filed during July 2005. Further
patent applications are being processed and these cover most of the chemical
processes relating to the manufacture of a carbon ceramic brake disc. The
Company's goal is to ensure that it has a robust platform of proprietary
intellectual property that can produce revenues either under licence or as
separate joint venture contracts.

and this

•Agreed two-year supply programme to Roxel, Europe's largest manufacturer
of rocket and missile propulsion systems

•Awarded a new US-based ceramic aircraft brake development programme in
January 2005

•Enhanced the management and engineering teams, and invested in next
generation CFRC technology

•Commenced development test programmes with two British high-performance
car manufacturers using the SystemST ceramic brake

So my expectation is some time in 2006 a smaller OEM like Lotus to go for System ST brakes as standard, followed by other smaller ones, and give it 12 months after that, if all goes well, the big OEM's will start to come on board.