MyCelx trading 'in line with expectations'

AIM-listed MyCelx Technologies, the clean water technology and engineering company, is continuing to trade "in line with market expectations", a company update has shown.

The company said that its expansion in recent years meant that it had now outgrown its current head office in Gainesville, Georgia, and had recently acquired new offices in Duluth, Georgia, to house its corporate headquarters, laboratory and production facilities, and research and development department.

In addition, the company said that its Houston engineering and technology demonstration centre had become fully operational, and included a demonstration system consisting of a MyCelx Advanced Coalescer, REGEN and Polisher.

MyCelx Technologies further strengthened its capabilities with the addition of new engineering and sales personnel in the Middle East, Houston and London.

MyCelx Technologies' share price was unchanged at 470p at 12:15 on Tuesday.

MF