Water Industry Update

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.


In addition to the confectionery industry agreement that is currently in place,
Pursuit is in active discussions with companies involved in the following
industries: food, oil, dairy, nuclear decommissioning, brewing, chemicals,
paint, pet food and defence.


Pursuit's CEO John Heathcote said: "The Sonico performance evaluation programme
has proved the commercial potential of our technology in several wastewater
applications. The current high level of interest evident from major
participants, both in the wastewater and other industries, allows us to be
selective in the choice of partners who we feel have the capability to maximise
the market penetration of the PDX Technology in the time-frame we require from
our licensees."


                                  * * ENDS * *


Contacts:

John Heathcote             CEO, Pursuit                       Tel: [phone]

Steve Mahon                Commercial Director, Pursuit       Tel: [phone]

David Rae                  Durlacher Limited                  Tel: [phone]

Isabel Crossley            St Brides Media & Finance          Tel: [phone]


Notes to Editor:

*  Pursuit has developed its PDX technology, which utilizes steam as the
   sole motive power in an innovative process device that at its simplest can be
   viewed as a pump with no moving parts that cannot be blocked.

*  The PDX technology has many applications in both the industrial
   processing and marine propulsion markets. Pursuit is currently focused on its
   steam powered clear bore pumping system (the "PDX system") which can be used 
   in a wide range of industries including: confectionery; nuclear; oil; 
   personal healthcare; food; paper and pulp; brewing; wastewater; defence; 
   ballast water.

*  The Company has invested heavily in its technology and is now actively
   pursuing the commercialisation of its applications.

*  The PDX system replaces several devices in a process; consequently it
   offers a number of significant advantages, such as simpler processes, lower
   running costs and virtually no maintenance. Pursuit is pursuing a capital
   efficient licensing based model that will enable industry leaders to exploit 
   the PDX technology.

*  Pursuit was listed on the AIM Market London Stock Exchange in May 2001.

*  For further information, visit: www.pursuitdynamics.com.


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