People stealing wiring from train lines had better watch out after CCTV firm 21st Century Technology (C21) said it had been awarded a contract potentially worth in more than £1m by XC Trains. The latter operates Arriva UK's CrossCountry franchise, which covers around 1,500 miles and calls at over 100 stations. The deal will see C21 supply forward facing CCTV cameras for deployment in the 182 drivers cabs in XC's fleet of trains operating on the CrossCountry network. Investors, no doubt frustrated commuters themselves, welcomed the news, pushing up the firm's share price 4% in early trading on Monday.
Indian-language film distributor Eros, which is set to leave AIM, said that because of its proposed NYSE listing it would not be issuing guidance regarding its financial performance for the fiscal year ended March 31, 2012. The firm said its full-year audited results to March 31st 2012 would be in a prospectus to be filed with the US Securities and Exchange Commission ahead of its proposed NYSE listing. The company's shares dropped almost 9% following the news.
Lo-Q said its new technology, which allows water park visitors to skip the queues for rides, had been rolled out successfully at its first two locations in the USA. "Both roll-outs of the company's Q-band product have attracted encouraging early user numbers - and positive user feedback - over their first weekend of operation," the firm said. Visitors who rent the waterproof wristband use it to reserve a place in line at a park's most popular slides, using kiosks located throughout the venue. When their reservation time arrives, guests enter via a separate entrance and scan their band to be validated.
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AIM-listed investment firm Brainspark has appointed a new Chief Executive. Cesare Suglia, 45, joins from is ORH S.p.A., a manager of tour operators, hotels and resorts in Italy and East Africa, where he was Chief Financial Officer. Brainspark's Executive Chairman, Alfredo Villa, said the new CEO would work with his felow board members to establish the company as a leading investor in real estate and leisure assets.
Corero Network Security (CNS) said it had secured 22 new customers during the four months to the end of April, with sales order intake up 25% on the comparative period in 2011. The software provider said it was also seeing an increase in orders and opportunities for its 'distributed denial of service' defence system launched at the end of 2011, as awareness and the number of DDoS attacks increased. These attacks cause computers and websites to crash after they are bombarded with information. The sales news cheered investors who pushed the stock up 10% in Monday morning trading.
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