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

For shorter term revenue increases, the last words by the TVR Tech Director from November (and given another good test result in December too with TVR) sounds good for an early 2006 deal with TVR, which once they start should be followed by some other smaller OEM deal in 2006, and as I keep saying, once you get a few smaller OEM's using it, then the big boys finally will take notice. This improvement and start of revenues from car brakes is reflected in the T&G next years figures with reduction in loss down to 450K for 06/07 from the expected 600K from this financial year 05/06. If they can get more than just TVR signed up, there could be some upside in those 06/07 figures, and the potential to get much nearer to breakeven. Any one of the big OEM's coming in early, although not expected before 07/08 financial year, would give some serious surprise upside, as would going into stage 3 tests for the aircraft braking deal, and also release of the confidential info about who the deal is with and what it is for, but again that will most likely be 07/08 year. Although SCE remains like other blue sky tech stocks, it is not priced like them, and is trading at near to cash in bank levels, with no value given for the enterprise itself. This to me is what gives SCE a good chance for a small re-rating when a deal like TVR is signed and announced.



Surface Transforms Plc held a track day at the Ty Croes racing circuit on the North Wales island of Anglesey on the 16th of November, 2005.
System ST ceramic brakes were fitted to the amazing new TVR Sagaris



The following quote was given by: Gavin Beach, Technical
Director of TVR Engineering Ltd.

“ The SystemST ceramic brakes installed on our new TVR Sagaris behaved extremely well on the Anglesey track on November 16th, and from an efficacy and performance viewpoint they met or exceeded our expectations. In terms of performance the stopping distance is equivalent to the best high performance steel disc we use, and performance appears unaffected by the more extreme temperatures encountered on the race track. In addition, four ceramic brake discs reduce the critical unsprung weight of our cars by 12 kg. We shall continue to test and evaluate SystemST with a view to using these ceramic brake systems on our cars in the near future.”