Small caps round-up: Motive Television, HiWave Technologies, Image Scan

published 9 October 2012

Motive Television, a digital television technology, software and services provider, has launched its TV Anytime Anywhere platform for cable in the US. The platform delivers on-demand video and live TV to set-top-boxes and multiple mobile devices using the cable operators' existing infrastructure.

HiWave Technologies, a provider of electronic and transducer solutions, has concluded that it will need additional funding in the near future. The board has been undertaking a strategic review to examine all options for maximising shareholder value and proposes to change the listing of its shares from "premium" to "standard". It will hold a general meeting shortly at which shareholders will be asked to vote on the proposal.

Image Scan, which specialises in real-time 3D and 2D x-ray imaging for the Security and Industrial Inspection markets, has said that in the year ended September 30th, turnover was around £4.0m (2011: £2.2m), boosted by sales of security equipment which have more than doubled to nearly £3.0m, largely as a result of sales of the SVXi small vehicle x-ray inspection system during the year. Meanwhile, industrial sales have increased by 38% to £1.1m due to the introduction of two new industrial products.