Small caps round-up: Provexis, Cyan, Cupid
Sports nutrition specialist Provexis said an industrial scale production of Fruitflow powder, was successfully completed in 2012. Fruitflow is Provexis's tomato extract which inhibits platelet aggregating and therefore reduces the chance of heart disease.
Sports nutrition specialist Provexis said an industrial scale production of Fruitflow powder, was successfully completed in 2012. Fruitflow is Provexis's tomato extract which inhibits platelet aggregating and therefore reduces the chance of heart disease.
Provexis has identified a potential application for Fruitflow in the sports nutrition market and has developed a product for its Science in Sport business. This product will launch in the UK in late summer, as part of a wider new product launch programme for the business.
Cyan, which produces products enable remote reading of gas and electricity meters, said the Tamil Nadu Electricity Board, one of the largest electricity distributors in India, has unexpectedly extended the deadline for submission of samples for its automatic meter reading tender by 10 days to February 20th. The extension should benefit Cyan "as we understand it will allow a greater number of CyLec [i.e. Cyan technology] interoperable meters to be fully developed and submitted," said Bijan Mohandes, Vice-President of Worldwide Sales and Marketing at Cyan.
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On St Valentine's Day it seems only appropriate that online dating firm Cupid should announce that it has won a long term contract to operate a Friends Reunited Dating site. Friends Reunited Dating operates as a separate business from Friends Reunited, the social networking site which once looked like it could be Britain's own version of the phenomenally successful Facebook. As part of the agreement, Friends Reunited will continue to cross market the Friends Reunited Dating brand. The agreement covers three brands: Friends Reunited Dating, Friends Over Fifty and Swoon.
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