Internet security specialist Corero (AIM: CNS) has announced a significant new contract win. Worth $0.7m, the contract provides “distributed denial of service” (DDoS) protection across the customer’s worldwide operations.
Cross-border payments specialist Earthport (AIM: EPO) continues to make strong progress. Results to June showed payments processed grew by 75% in the year to June.
Builder of superfast "gigabit" data networks, CityFibre (AIM: CFHL), continues to make solid operational progress.
Tungsten (AIM: TUNG) listed two years ago to take advantage of a huge market opportunity. The concept is very appealing and early enthusiasm saw the shares almost hit 400p. Ambitious start-ups often take a lot longer to work than first imagined however, as highlighted by the recent AGM statement.
Porta Communications (AIM: PTCM) results failed to impress the market with the shares dipping below 7p.
Recent announcements from respiratory drug developer Synairgen (AIM: SNG) show the Southampton-based company’s strategy is nicely on track. The key phase II trial for its severe asthma and COPD drug has begun and a new product has entered the pipeline.