Puricore Share Discussion Threads

[bigfishy] 20/2/2008 09:15

It also says: ECT might receive future payments of up to $6 million based on PuriCore net sales in certain segments, including water safety applications.

[boischastel] 20/2/2008 08:40

Not good imv.
Share retreat to 25p?

[wookie77] 20/2/2008 08:31

looks to me like they had patent issues after all and have had to pay a couple of million to sort it out. Not great......

[boischastel] 20/2/2008 07:58

PuriCore Plc - Trading Update


RNS Number:3567O
PuriCore Plc
20 February 2008

PuriCore Announces Pre-Close Trading Update for Year Ended 31
December 2007

- 2007 earnings in line with expectations -
- Strong order book in Food Safety to drive growth in 2008 -


MALVERN, PENNSYLVANIA, AND STAFFORD, UK, 20 February 2008 - PuriCore
(LSE:
PURI), the life sciences company focused on the control of infectious
pathogens
with its novel, safe antimicrobial technology, today provides a trading
update
prior to publication in late April 2008 of its preliminary results for
the year
ended 31 December 2007. PuriCore's solutions mimic the human body's
production
of its natural anti-microbial, hypochlorous acid, offering an entirely
safe and
non-hazardous approach to disinfection and sterilisation. The Company's
products
are used in a broad range of markets, including food retail and
foodservice,
medical device disinfection, wound therapy, and hospitality.

2007

PuriCore expects to announce sales for 2007 of approximately $19.1
million, an
increase of 20% over the year ended 31 December 2006. Earnings per
share is
expected to be reported in-line with consensus analyst estimates.
PuriCore's US
Sterilox Food Safety business, which targets leading retail supermarket
chains,
experienced 21% revenue growth in the full year 2007 vs. 2006, with
approximately 185 Sterilox System installations last year, consistent
with the
Company's expectations at the time of its Interim results. In the UK
Sterilox
Endoscopy business, which targets hospital endoscope sterilisation
units, the
continued growth of recurring revenues combined with the expanded
product
portfolio of its new AER distribution partnerships (integrated during
the year)
drove 20% revenue growth in the period (11% on a constant currency
basis).

2008

As announced last month, PuriCore was awarded an $11 million order from
one of
the five largest food retailers in the US to install PuriCore's
Sterilox Food
Safety Systems throughout approximately half its store network in 2008.
This
order represents the second top-five US retailer to integrate the
Sterilox Food
Safety System. PuriCore also announces this week that its Sterilox Food
Safety
System received two additional major industry awards from NSF
International, the
world leader in standards development, product certification,
education, and
risk-management for public health and safety, and from the National
Restaurant
Association. The combination of the robust pipeline in Food Safety
together
with the continued expansion of the UK Endoscopy business is expected
to fuel
significant organic growth in 2008.

New Developments

In a separate statement issued today, PuriCore announced that it has
signed an
agreement to acquire a portfolio of nine US patents from
Electro-Chemical
Technologies, Ltd. (ECT) in the field of electrolysed water and related
processes. Additionally, PuriCore announced that it signed separate
agreements
to hire two ECT scientists who bring significant collective experience
in the
fields of water safety and technology. These agreements are expected
to expand
PuriCore's opportunities in commercial and industrial water treatment.

Greg Bosch, Chief Executive of PuriCore, said:

'We continue to be very focused on building market leadership in our
core
business segments and geographies for the control of infectious
pathogens. We
gained real traction in the Food Safety business during 2007 and look
confidently towards the year ahead. With our current book of business
combined
with anticipated order flow, we anticipate significant top-line growth
that will
also enable us to achieve additional leverage of our operations.'

Contacts:

PuriCore plc +1 (484) 321
2700
Greg Bosch, Chief Executive Officer
Keith A. Goldan, Chief Financial Officer

Financial Dynamics [phone]
3113
Ben Brewerton
Susan Quigley


Notes to Editors:

All financials are unaudited.

About PuriCore

PuriCore plc (LSE: PURI) is a life sciences company focused on
developing and
commercialising proprietary products that safely, effectively, and
naturally
kill contagious pathogens. PuriCore's technology provides a solution to
a broad
range of markets that depend upon controlling contamination, including
food
safety in retail and foodservice, medical device disinfection, wound
therapy,
and hospitality. The Company's proprietary technology mimics the human
body's
production of the natural antimicrobial hypochlorous acid, which is
highly
effective in killing bacteria, viruses, and fungal spores. Deploying
hypochlorous acid solutions as rinses, soaks, sprays, mists, and in
other forms,
PuriCore's technology is designed to limit the spread of infectious
disease,
including major public health threats of M. tuberculosis, MRSA, E.coli,
Norovirus, Avian Influenza, HIV, Polio Virus, Helicobater pylori, and
Legionella. PuriCore is headquartered in Malvern, Pennsylvania, with
offices in
Stafford, UK.

To receive additional information on PuriCore, please visit our website
at
www.puricore.com, which does not form part of this press release.

Certain statements made in this announcement are forward-looking
statements.
These forward-looking statements are not historical facts but rather
are based
on the Company's current expectations, estimates, and projections about
its
industry; its beliefs; and assumptions. Words such as 'anticipates,'
'expects,'
'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' and similar
expressions
are intended to identify forward-looking statements. These statements
are not
guarantees of future performance and are subject to known and unknown
risks,
uncertainties, and other factors, some of which are beyond the
Company's
control, are difficult to predict, and could cause actual results to
differ
materially from those expressed or forecasted in the forward-looking
statements.
The Company cautions shareholders and prospective shareholders not to
place
undue reliance on these forward-looking statements, which reflect the
view of
the Company only as of the date of this announcement. The
forward-looking
statements made in this announcement relate only to events as of the
date on
which the statements are made. The Company will not undertake any
obligation to
release publicly any revisions or updates to these forward-looking
statements to
reflect events, circumstances, or unanticipated events occurring after
the date
of this announcement except as required by law or by any appropriate
regulatory
authority.

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

[boischastel] 20/2/2008 07:55

Puricore acquires ECT's intellectual property portfolio for 2.3 mln usd
Date : 20/02/2008 @ 08:39
Source : TFN
Stock : Puricore (PURI)
Quote : 30.25 0.0 (0.00%) @ 08:50

[ian 50] 20/2/2008 01:47

i wonder if th share price can break out to 35p+??

[boischastel] 20/2/2008 00:28

Looks not too - usual stagnation here leading to a drop in the share price unless there is news.
AIM market story of late.

[ian 50] 16/2/2008 19:23

some people must of taken profits ie 28 to 33p quick gains plus what u mentioned [boischastel] if thats out the way poss move up

[boischastel] 16/2/2008 08:06

A couple of people offloading again I noted this week, but the share price held up ok considering.

[ian 50] 15/2/2008 22:06

we will see next week

[wookie77] 13/2/2008 10:44

looks like these may well be pulling back after all. Still hasnt broken the downtrend.....

[ian 50] 08/2/2008 21:23

looking at the share price movement it is breaking out.

[boischastel] 08/2/2008 13:23

Exciting stuff.

[wookie77] 08/2/2008 08:10

lol!! Tick up the morning....34-35.....

[boischastel] 08/2/2008 08:01

Retrace to 60p?
Must have the wrong thread Wookie!
Or do you mean 30p?

[wookie77] 08/2/2008 07:56

i wonder how many are waiting in the wings for breakout of the down trend....confirmation of such would give a very swift retrace back to 60p imo.....

[ian 50] 07/2/2008 23:23

the market has been really turbulant down 150 2day the share has risen off the lows in a difficult market and held 2day i feel this could bod well it might go down 0.50 or so but we could be looking for small movements up on how its been of late

[wookie77] 07/2/2008 10:13

I'd be careful Bois, this rise has a different feeling to the others! This is the only "spike" so far that has had a "mini retrace" enroute...I'm not going to trade this one anymore as could easily rocket at any time.....good luck either way.

[wookie77] 07/2/2008 09:04

Got a reply to the email i sent yesterday from Keith Goldan. Its nice he took the time to reply.......seemed fairly upbeat.

[boischastel] 07/2/2008 06:45

May well top-slice some today, since it usually does come back to sub 30p.

[ian 50] 06/2/2008 23:19

new independant director appointment its good for share holders but?? when we had the super dooper annc about safeways etc well!! what moves this share.
derr !! sentenment and timing any other view??

i wonder tomorrow it gives back the gains made today??

[wookie77] 06/2/2008 12:52

8 on the leader board.

[wookie77] 06/2/2008 12:50

There was quite a large protected portfolio trade went through last night. Could be that a seller has finally cleared or alarge buy order filled.....