Puricore rises on new orders

Puricore, the "green cleaning" company, has seen its share price rise 9% this morning on the back of two order wins.

The first, with a top-five US supermarket chain, is valued at $2.3m. The second, with the Greater Glasgow Health Board, is worth £484,000.

Puricore developes and sells systems to "kill infectious pathogens without causing harm to human health or the environment".

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The company's products are used in markets that depend upon controlling contamination, including food retail and medical device disinfection.

Puricore now says it expects "to end 2011 with US orders for approximately 500 systems valued at more than $6 million." UK orders are expected to hit $1.8m.

Despite this good news, NHS cuts have driven Puricore's stock down 35% so far this year.

BS