Small caps round-up: Nasstar, Seeing Machines, Oxford Advanced Surfaces

Nasstar, which describes itself as a cloud services provider, has announced that one of its partners, iomart Hosting, part of iomart Group, a managed hosting and cloud computing services company, has signed a 70+ user contract for hosted desktop services with an international recruitment consultancy. "Our expertise at hosting a wide and growing range of apps, including those from Bond International Software and other specialist software vendors, provides our partners with the ability to offer their customers a complete cloud service," said the firm's Chief Executive.

Nasstar, which describes itself as a cloud services provider, has announced that one of its partners, iomart Hosting, part of iomart Group, a managed hosting and cloud computing services company, has signed a 70+ user contract for hosted desktop services with an international recruitment consultancy. "Our expertise at hosting a wide and growing range of apps, including those from Bond International Software and other specialist software vendors, provides our partners with the ability to offer their customers a complete cloud service," said the firm's Chief Executive.

Seeing Machines, the maker of equipment that tracks the facial movements of drivers to make sure they are awake, posted a 9.2% in revenue to A$7.82m for the year ended June 30th but suffered a decrease in gross profit, from A$4.88m to A$4.32m, primarily as a result of a change in product mix and sales costs. The results were also affected by lower sales of the company's faceLAB and faceAPI products. The net loss for the year decreased from A$2.17m to A$0.44m. Cash at the year-end decreased to A$0.58m from A$1.65m a year earlier.

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