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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tecteon | LSE:TEO | London | Ordinary Share | GB0000530716 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.55 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:0902B Tecteon PLC 30 July 2007 Tecteon plc ("Tecteon") or ("the Company") Announcement 30 July 2007 The Board of Tecteon announce that negotiations with Qstik and Clement Clarke International referred to in Tecteon's interim results announced on 29 March 2007, have been terminated as the Board was not satisfied that relevant due diligence information was being produced to Tecteon on a timely basis. The Company is taking steps to recover the money that it believes is due to it from Clement Clarke International. Tecteon has commenced discussions with parties unconnected with Qstik and Clement Clark International relating to potential investments by the Company in a number of technology businesses with high quality management teams. These negotiations are progressing satisfactorily but there is no guarantee that any transactions will be consummated. The Board intends to recruit new management which will utilise Tecteon's existing technology as well as new business in the future development of the Company. For further information please contact: Tecteon PLC Masoud Alikhani - Director Tel: 020 7408 1181 Seymour Pierce Limited Jonathan Wright Tel.020 7107 8000 Editors' Note About Tecteon PLC Established in mid 2001, with its head office in London, UK, Tecteon PLC develops and markets voice enhancement software technologies and algorithms running on a range of DSP platforms. Tecteon technologies provide voice quality, comfort listening and hearing protection in wired and wireless voice communication systems, ranging from peripheral devices to telecom infrastructure equipment, examples include: Headsets (call centre, personal, police, pilots, military, fire-fighters), telephony (business, SMEs, residential), switches (PSTN, soft-switches, gateways), digital mobile radios, mobile phones, hands-free kits and AV conferencing units. This information is provided by RNS The company news service from the London Stock Exchange END MSCFBLFXDDBLBBB
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