Sensors specialist Transense Technologies has announced that its trading division, IntelliSAW, has entered into a strategic distribution agreement with Simpro Engineering, which provides power protection and control systems technology to the electric power industry. As part of this agreement Simpro will provide distribution for IntelliSAW's innovative wireless/passive electrical switchgear temperature monitoring system in the Malaysian market. Simpro will also work closely with IntelliSAW in developing other Southeast Asian markets.
Speech recognition specialist Eckoh has signed a new contract worth a minimum of £1.1m per annum with a global financial services company to provide a dedicated VoiceXML telephony platform for handling their customer self-service enquiries from across the globe. The company also unveiled its full year results, which saw it deliver a turnover of £10.4m (2011: £6.7m), pre-tax profit of £1.3m (2011: loss £0.6m) and earnings before interest, tax, depreciation and amortisation of £2.1m (2011: £1.2m). Cash levels remained stable at £5.37m.
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Nationwide: House prices see biggest monthly fall in over two yearsUK house prices dropped by 0.8% in June, according to Nationwide. We reveal the top-performing and worst-performing regions
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Portfolio landlords could save £8,500 by remortgaging – or risk costs soaring by £23,000Buy-to-let landlords with multiple properties could save thousands by taking advantage of this year’s lower mortgage rates, but failing to refinance could see them hit with a £23,000 bill.
