Polaron (Profitabeler Nanoplay) - 500 Beiträge pro Seite

[BrauchGeld]

Hi

Ein sehr aussichtsreiches Unternehmen und ich bin dabei.Am 2.März gibts zahlen .

Polaron

Marktcap:36mio€

Das Technologieunternehmen POLARON gliedert sich in vier Geschäftsbereiche: Nanotechnologie, Kontrollsysteme, Komponenten und Softwareverkauf.
Der Bereich Nanotechnologie - speziell wissenschaftliche Instrumente - wird von den beiden Unternehmen OXFORD NANOSCIENCE LTD. und POLARON CVT LTD. abgedeckt. OXFORD NANOSCIENCE wurde von POLARON erst im Jahre 2002 übernommen. Das Unternehmen nutzt ein von Professor George Smith und Alfred Cerezo an der "Oxford University" entwickeltes dreidimensionales Mikroskopieverfahren - "Three Dimensional Atom Probe" (3DAP). 3DAP ist in der Lage, die chemische Identität und dreidimensionale Position einzelner Atome mit Einzelatomauflösung abzubilden und das mit sehr hoher Empfindlichkeit (10ppb). 3DAP besteht aus der Atomsonde, Bild- und Analysesoftware und einem Ultra-Hochvakuumsystem (UHV).

POLARON CVT hat sich auf die Entwicklung und Herstellung von Ultra-Hochvakuumsystemen und Zubehör spezialisiert.

Zum Management von POLARON gehören der Gründer Joe Stelzer, George Smith, Richard Davies (UHV-Spezialist) und Carl Hatton, der erst im Herbst 2003 von VEECO zum Unternehmen kam. Hatton gründete die britische Niederlassung von APPLIED EPI, die von VEECO erworben wurde.




Polaron PLC
27 September 2004

27 September 2004

Polaron plc
Maiden preliminary results

Strengthened position across all divisions

Polaron plc, (LSE: POL) the broad-based technology group, today announces its
maiden preliminary results for the year to 30 June 2004.

Financial Highlights

• Turnover up 12% to £13.39m (2003: £11.91m)
• Profit before tax, exceptional costs and goodwill amortisation up 63%
to £1.07m (2003: £0.65m)
• Profit before tax up 20% to £0.76m (2003: £0.63m)
• Adjusted EPS up 58% to 6.8p (2003: 4.3p)
• Basic EPS up 12.5% to 4.5p (2003: 4.0p)
• Cash balances at the year end of £0.92m
• Proposed final dividend of 0.25p per share

Operational Highlights

• Nanotechnology division performance encouraging:
• Cumulative total of 5 atom probes ordered, 4 shipped
• Strong pipeline coming through
• Control Systems saw strong growth:
• £1.0m contract with Conference Place Hotel in Abu Dhabi
• Components division trading well,
• £1.0m contract with Metronet Rail to refurbish inter-lock doors on
Circle and Hammersmith & City Lines on London Underground
• Software republishing saw gross margin improve to 51%
• Successful launch of Driving Test Theory programme with the British
School of Motoring

Post-period Activity

• Acquisition of iLight Group Ltd for £1.7m strengthens control systems
division

Joe Stelzer, Chief Executive Officer, noted:

`I am very pleased with the progress the company has made over the last year.
We are starting to see the first benefits of increased investment in the
nanotechnology division, while the controls systems, components and software
republishing continue to develop steadily.

`I view the future prospects of Polaron with confidence and believe that the
group`s mixture of leading edge nanotechnology and a stable but growing core of
niche market technology products offers an exciting opportunity to build a
substantial business.`

Enquiries:

Polaron plc Tel: [phone]
Joe Stelzer

Financial Dynamics Tel: [phone]
Juliet Clarke


Chairman`s Statement

I am delighted with the progress which Polaron has made since its listing on AIM
in March this year. This important milestone in the company`s development
provided the catalyst for further investment in the company and has allowed us
to focus on fully exploiting the potential of the 3D atom probe in the growing
nanotechnology market, while continuing to develop across the whole business.

Strengthened by the listing, we have secured bigger projects across the group,
including significant contracts for the Control Systems and Components
divisions. Equally, our stated strategy of growth organically and through
acquisition has seen the addition of iLight Group to the Control Systems
division, acquired after the year end.

Our mission remains to become a significant player in the emerging
nanotechnology market with our 3D atom probe instrument whilst at the same time
maximising the business potential in our three other divisions organically or
via selective acquisition. This combination gives us, even as a relatively small
company, an exciting opportunity to be part of an industrial revolution that we
believe will ultimately affect almost every manufacturing process.

The development of the group as a whole, and the pipeline for the nanotechnology
division, give me great confidence in the company`s future growth prospects.

I would like to thank all my colleagues at Polaron, its advisers and, of course,
our new shareholders for their support and encouragement during this new period
of company growth.

Professor George Smith
Non-Executive Chairman
27 September 2004


Chief Executive`s Statement

Introduction

During this past financial year, Polaron has successfully listed on the
Alternative Investment Market, raising £2.5 million for the company. The
rationale for the listing was primarily to enhance the company`s profile, allow
further investment in the businesses, and, in particular, drive nanotechnology
sales opportunities. Together, these steps would allow Polaron to confirm its
leadership in the atom probe market, as well as continuing to develop the
businesses across the whole group, both organically and through acquisition. At
the same time the company took the opportunity to acquire the balance of the
issued share capital of each of Oxford Nanoscience Limited, Marata Group Limited
and Polaron Communications Limited which it did not already own.

I am pleased to be able to report that, as a result of the renewed investment in
the group and the focus on its strategic development, operational performance
has improved significantly beyond both those of last year and our initial
internal forecasts for the year.

Financial Performance

Turnover for the year rose 12% to £13.39m (2003: £11.91m), including our share
of joint venture turnover. Gross profit increased by 7% to £5.42m (2003:
£5.07m) with corresponding gross margin of 42% (2003: 44%). The minor reduction
in gross margin was largely attributable to the effect of reduced margins within
the controls division, in respect of a large one-off project. There were
exceptional costs amounting to £214,100 during the year which were incurred as a
result of our AIM flotation.

Profit before tax, exceptional items and goodwill amortisation increased by over
63% to £1.07m (2003: £0.65m). This improvement was as a result of the company
maintaining tight control of its overheads, in addition to improved efficiencies
in manufacturing operations, control of general overheads and the benefit of
recent currency movements.

At the end of the year, the net asset value of the group (excluding goodwill)
had more than doubled to £5.49m (2003: £2.63m). Basic earnings per share
adjusted for exceptional items and goodwill were 6.8p (2003: 4.3p). A final
dividend of 0.25p per share (equivalent to 1p per share on an annualised basis)
will be recommended.

Cash balances at the year end stood at £0.92m.

Trading

Nanotechnology

Turnover for the year increased to £2.12m (2003: £2.02m). Oxford Nanoscience
became part of the group in October 2002 and between then and June 2004 had
received 5 atom probe orders, of which 4 have been shipped. During the year,
atom probe machines were sold to key Japanese customers thereby strengthening
our market leading base in Asia. Gross margin improved to 30% (2003: 29%) as a
result of tighter controls in the purchasing of key components. The division
has installed an atom probe at its Milton Keynes facility, thereby allowing
potential customers to run test samples prior to system purchase and to provide
operator training.

Further atom probe orders which have been received since the year end are in
line with our expectations and our increased marketing drive, following the
company`s listing, has resulted in strong growth of our potential prospect list,
particularly in Japan and China. There has also been additional interest from
the metals sector as a result of the higher price of steel and corresponding
uplift in profits from steel companies.

Whilst, as with most growing technology based businesses, sales lead times
remain difficult to predict with any precision, there is encouraging progress in
respect of the recognition and adoption of atom probe microscopy as a tool for
characterising atomic structure. This is evidenced by an increase in the number
of scientific conferences featuring papers and keynote speeches by academics
involved in the field. At the recent International Field Emission Symposium in
Graz, Austria, the best poster prize was awarded to Dr Takahashi of Nippon Steel
who used a Polaron atom probe in his research. We continue to benefit from our
Chairman`s pre-eminence in this domain, which has recently been acknowledged
with the award of the 2005 Acta Materialia Gold Medal in recognition of his
valuable research contributions and leadership in materials science.

Our relationship with Imperial College continues to progress in respect of our
investment into EPIIC, a spinout that has developed IMOS(TM), a novel technique
for the integration of opto-electronic components using a Gallium Arsenide
material system. The business is currently involved in early stage development
of the manufacturing process with the aid of a government funded SMART award. If
proven, this process will offer significant cost savings in the manufacture of
products such as 10Gigabit Ethernet transceivers.

Controls Division

The majority of Polaron`s turnover growth is attributable to a strong
performance in the Controls Division, where turnover rose by over 31% to £5.5m
(2003: £4.18m). Gross margin fell to 38% (2003: 42%) as a result of a single
large contract at a lower margin than is traditionally earned and the
consolidation of Marata, a distributor of residential lighting controls. During
the year, Marata built an increasing presence in the residential lighting
controls market. Furthermore, the division was awarded a significant contract
worth approximately £1.0m, providing a site-wide lighting control system for the
850,000 sq m, 300-room Conference Palace Hotel in Abu Dhabi. This project was
won largely as a result of the high quality performance of our new range of
transistor-based lighting controllers.

In terms of future development, we believe that there remain plenty of
opportunities for new projects both in China and the United Arab Emirates, which
are witnessing strong growth in hotels and high-grade office buildings. Our
newly expanded product range will enable us to compete more effectively in these
and other markets.

After the year end, the division has been strengthened by the acquisition of
iLight Group, a manufacturer of architectural lighting control products,
lighting control desks and theatrical lighting control products, for a total
consideration of £1.7m, split as £1.0m cash and £700,000 in Polaron shares.
iLight will broaden the division`s product portfolio and increase its share of
the UK residential and entertainment markets. iLight Group`s turnover for its
most recent financial year, ended 30 April 2004, was £5.7m. The process of
restructuring the combined businesses has already begun and will be complete by
the end of Polaron`s current financial year. Following completion of the
restructuring, we expect the acquisition to be earnings enhancing.

Components Division

Turnover was slightly ahead of the previous year at £4.08m (2003: £4.04m). Gross
margin in the components division was broadly maintained at 46% (2003: 47%) in
spite of the delay to the next tranche of refurbishment works from London
Underground (via Metronet), a key customer. The division`s level of gross margin
was maintained due to its continuing to outsource, where possible, product
manufacturing in the Far East, and to concentrate UK manufacturing on defence
and aerospace related products, which are traditionally higher margin areas.

During the year, the Components Division signed an agreement with Metronet Rail
to refurbish the inter-lock door systems on all trains on the Circle and
Hammersmith & City Lines of the London Underground, worth approximately £1.0m.

Initial sensor products were supplied to the Stingray torpedo programme, having
passed first article inspection by the Ministry of Defence by year end. This
contract, which is worth in excess of £1.0m over its life, is expected to last
for the next 5 years with regular monthly shipments.

One of the principal reasons for Polaron`s flotation was to use our status as a
quoted company to attract high calibre staff and strengthen our management team
with strategic appointments. I am pleased to report the first such recruitment
of Wayne Bishop as managing director of the Components Division. Having had over
15 years` experience in the pressure sensor industry, previously as head of UK
sales for GE Druck, he is now spearheading a review of the division`s sales and
product strategy both in terms of organic growth and potential acquisitions.

Software Division

Turnover remained constant against the prior year at £1.68m (2003: £1.67m) while
gross margin improved to 51% (2003: 49%), as a result of better control of raw
material costs. The release schedule of products has managed to maintain a
competitive edge and despite a relatively depressed end-market, the division has
managed to increase its share of its main vertical segments and retain its
status as the leading vendor in the home/garden design and music software
segments.

Key products introduced during the year include a Driving Test Theory programme
in conjunction with The British School of Motoring and new versions of our best
selling Audio Cleaning Labs and MP3 Maker Titanium. There is a strong pipeline
of new product releases coming from our partners Magix and Punch Software, which
continues throughout the current year.

While our main sales outlet remains through Dixons Stores Group (PC World), and
other channels such as Amazon continue to provide a continual demand, efforts
are being made to increase direct sales via our website

www.polaron.com.uk

[BrauchGeld]

Report von 2004

http://www.polaron.co.uk/images/downloads/annual-report-Pola…

Wäre nett wenn Ihr was zu diesem wert sagen würdet.

[BrauchGeld]

Hi

Nano-Abteilung von Polaron :

http://www.oxfordnanoscience.com/

9.1.2005


Oxford nanoScience Secures First Atom Probe Sale In China

The first commercial 3 Dimensional Atom Probe (3DAP) has been sold into the Peoples Republic of China. This milestone purchase of an instrument which brings a unique approach to materials characterisation, has been made by the Institute of Materials, Shanghai University. The instrument provides materials scientists with the ability to simultaneously determine the spatial position and chemical identity of individual atoms in conducting materials. The Institute will be using it in studies of aluminium alloys and high strength steels.

Oxford nanoScience managing director, Richard Davies, said: This first commercial sale of a 3DAP into China highlights the determination of of the country to utilise the latest technology and techniques available. 3DAP offers the materials scientist a unique way of being able to correlate structure at the atomic level with properties at the macro level, such as material strength and hardening. We would also like to thank the British Consulate S & T staff in Shanghai, he continued, who have been extremely helpful in providing advice which has enabled the sale to progress smoothly.

The announcement of this order provides the perfect springboard for the Year of British Science in China, 2005, a programme of science to science events targeting primarily specialists and officials, which will be open to major UK scientific bodies. This year-long event was officially launched in Shanghai on January 19, 2005 by Lord Sainsbury of Turville, the UKs Parliamentary Under Secretary of State for Science and Innovation .

Oxford nanoScience, part of Polaron plc, is the world leader in the sale of 3 dimensional atom probes. The company already has a very strong presence in other countries in the Far East, with 6 units installed in Japan. We are confident that the order from Shanghai is just the beginning and there will be more to come from China, concluded Davies, the level of interest in the product from the country has been exceptional.

28.10.2005

Major Sales Of 3-D Atom Probes To Japan

Oxford nanoScience Ltd is delighted to announce continuing success in the sale of its 3DAP 3-Dimensional atom probes into Japan. Five of these high value research instruments have been delivered over a 15 month period and a sixth is due for delivery in November 2004.

3DAP is unique in nanoscale materials analysis through its ability to visualise the exact arrangement of atoms in conductive material samples and to simultaneously chemically identify them. This is achieved by evaporating the sample atom by atom and layer by layer, enabling the structure below the surface also to be revealed.

Sales of 3DAP have been to a variety of organisations in Japan: the National Institute of Materials Science (who has purchased two instruments), the Central Research Institute of Electric Power Industry (CRIEPI), Tokyo Institute of Technology (TITECH), Tohoku University and Nippon Steel.

Oxford nanoScience managing director, Richard Davies, said: "3DAP has really come of age over the last few years. Now a fully commercially available product which has recently benefitted from a new, patented position sensitive detector, 3DAP is no longer restricted to a small number of high class university research groups. Industry is realising that the measurements 3DAP can offer simply cannot be obtained by any other technique. To generate such a high user base in such a short space of time in Japan is an added boost for us. Japan`s reputation for excellence in materials science is well established."

Applications for 3DAP in Japan include investigations of high strength aluminium alloys and in particular aluminium oxide cluster formation and investigations of decay in weld material used in cooling circuits in nuclear reactors. Work done by Nippon Steel using 3DAP investigating the very fine precipitates formed in nitriding steels won the "Best Poster" accolade at the recent 49th International Field Emission Symposium held at Graz in Austria.

Gruss
B.M.

[BrauchGeld]

Polaron wird im aktuellen monat mit 2xübergewichten eingestuft.

http://de.finance.yahoo.com/q/ao?s=POL.L

[BrauchGeld]

3D Atom Probe - True Atomic Resolution Analysis
The Ultimate Characterisation Tool for Nanotechnology From Oxford nanoScience




Developed by Professors George Smith, FRS & Alfred Cerezo at Oxford University, the Three Dimensional Atom Probe (3DAP) is capable of mapping the chemical identity and 3-dimensional position of individual atoms within a conductive sample with single atom depth resolution and sub-nanometer lateral resolution. The 3DAP evaporates and identifies each atom individually and is therefore capable of very high sensitivity. The 3DAP is a powerful tool for nanoscale materials analysis and has been successfully used in a wide variety of application areas. Initial customers are alloy and steel developers and materials researchers worldwide.
The 3DAP includes atom probe, imaging and analysis software and an Ultra-High Vacuum system (UHV). The 3DAP provides the best mass resolution (on a full width tenth maximum basis) currently available on an atom probe enabling even the smallest peaks to be resolved and identified even when in the proximity of a much larger peak. In other words, the peaks (which represent different atomic compositions) on the mass spectra obtained using the 3DAP have much smaller tails than those obtained using similar tools offered by competitors. This is particularly important when analyzing materials containing atoms with very similar mass-to-charge ratios such as complex alloys and alloy steels.

The 3DAP is provided with proprietary software used to visualize the 3-dimensional arrangement of atoms in the volume analyzed. The software also allows sophisticated data analysis and manipulation.

[BrauchGeld]

Morgen werden die zahlen bekannt gegeben ,hoffentlich kommt da was positives herraus.

Ist noch jemand investiert ?

[BrauchGeld]

Hi

Die zahlen sind gut dividende wird auf 0,3 von 0,25 erhöht.Dieses Unternehmen braucht mehr aufmerksamkeit.

Polaron PLC
02 March 2005

2 March 2005

http://moneyextra.uk-wire.com/cgi-bin/articles/2005030207002…

Polaron plc

Interim results
Position strengthened through acquisitive and organic growth

Polaron plc, (LSE: POL) the broad-based technology group, today announces its
interim results for the six months to 31 December 2004.

Financial Highlights

• Turnover up 34% to £8.23m (2003/4: £6.15m)
• Gross profit up 49% to £3.85m (2003/4: £2.57m)
• Profit before tax, exceptional costs and goodwill amortisation up 80%
to £0.75m (2003/4: £0.42m)
• Adjusted EPS up 13% to 3.4p (2003/4: 3.0p)
• Interim dividend of 0.3p per share

Operational Highlights

• Nanotechnology division performance remains encouraging:
- Strong pipeline coming through
- Development of laser atom probe
• Control Systems division`s market position strengthened:
- Acquisitions of iLight Group Ltd and Rossula for £2.05m
• Components division trading well:
- Disposal of commercial pressure sensor product line for £1.3m
• Software republishing satisfactory

Joe Stelzer, Chief Executive Officer, noted:

`I am pleased with the company`s continued good progress across all business
units. Our position as a technology business that encompasses both ground
breaking nanotechnology instrumentation in the form of our 3D Atom Probe and
also the more mature Controls, Components and Software businesses, continues to
provide a strong financial base.

`Our mission remains to become a significant player in the emerging
nanotechnology market with our 3D Atom Probe metrology instrument whilst at the
same time maximising the business potential of our other divisions. We are
confident that further progress across all divisions will enable us to meet
market expectations for the financial year.`

Enquiries:

Polaron plc Tel: [phone]
Joe Stelzer

Financial Dynamics Tel: [phone]
Juliet Clarke

Introduction

In the first half of the current financial year, we are pleased to be able to
report continued good progress in all our business units. Our position as a
technology business that encompasses both ground breaking nanotechnology
instrumentation and also the more mature Controls, Components and Software
businesses continues to provide a strong financial base. Our performance is on
track to meet market expectations for the full year.

Financial Performance

Turnover for the six months to 31 December 2004 (`2004/5`) rose 34% to £8.23m
compared with £6.15m, including our share of joint venture turnover, for the six
months ended 31 December 2003 (`2003/4`). The increase in turnover included
£1.84 million from acquisitions, principally the iLight Group, which was
acquired in early September 2004.

Gross profit for 2004/5 increased by 49% to £3.85m (2003/4: £2.57m) and included
£0.83m from the iLight Group.

Administrative expenses, excluding depreciation, amortisation and exceptional
items, increased from £1.80m in the first half of 2003/4 to £2.57m in the first
half of 2004/5, primarily due to increased staff numbers, and the administrative
expenses of the acquired businesses, which amounted to £0.49m in the period,
excluding depreciation.

Amortisation increased from £0.01m in 2003/4 to £0.24m, principally due to the
amortisation of goodwill arising on acquisitions during 2004/5 and a full six
months` charge for the amortisation of goodwill, which arose on the purchase of
the minority interests in March 2004.

Depreciation increased slightly from £0.12m in 2003/4 to £0.14m in 2004/5 due to
higher levels of capital expenditure.

Exceptional costs in 2004/5 amounted to £0.25m and relate to redundancy and
restructuring costs in respect of the acquired businesses.

Underlying business performance has significantly improved with profit before
interest, tax depreciation, exceptional items and amortisation increased by 65%
from £0.57m to £0.94m for 2004/5. This reflects higher gross profits, partially
offset by higher administrative expenses.

Cash inflow from operations was £0.40m in 2004/5, compared with £0.89m,
reflecting lower operating profits as a result of exceptional costs, higher
depreciation, amortisation charges and an increase in working capital.

In 2004/5 cash outflow from acquisitions and capital investment amounted to
£1.40m and £0.35m, compared with £nil and £0.05m in 2003/4 respectively.

At 31 December 2004, net debt was £0.25m, compared with net cash of £0.62m at 30
June 2004. The reduction in net cash was due primarily to acquisitions during
2004/5 of £1.40m, capital expenditure of £0.35m, partially offset by operational
cash flow of £0.40m and £0.50m received from a loan draw down. This cash
position at 31 December 2004 does not include the subsequent receipt of £1.3m
from the sale of the commercial pressure sensor product line referred to below.

At 31 December 2004, the Group had undrawn loan facilities of £1.20m.

Adjusted earnings per share, which excludes exceptional costs and goodwill
amortisation, increased from 3.0p to 3.4p in 2004/5. Earnings per share in 2004
/5 were 0.5p compared with 2.9p for 2003/4, due to lower profits (as a result of
exceptionals and increased goodwill amortisation and depreciation) in 2004/5,
compared with 2003/4.

An interim dividend of 0.3p per share will be payable on 25 April 2005 to
shareholders on the register on 29 March 2005.

Acquisitions and Disposals

Our first two acquisitions as a public company were in the Controls area,
strengthening our position in both the architectural and entertainment lighting
markets. The combined purchase price for both Rossula and iLight Group was
£2.05m of which £1.25m was satisfied in cash and £0.8m by the issue of new
shares. The combined turnover for both businesses in their respective last
financial periods was approximately £8m.

Shortly after the end of the half year, the Company disposed of its commercial
pressure sensor product line contained within Polaron Components Ltd. The
disposal price was £1.3m in cash. The Company had purchased the whole pressure
sensor business from receivership for approximately £0.25m in July 2002.

The new businesses (which trade under the names iLight, Zero88, Lightfactor and
Lightprocessor) are being integrated into a common manufacturing operation based
in Cwmbran in Wales. Whilst there have been restructuring costs involved during
the integration process (approx. £0.25m in the period), we expect the results
will be earnings enhancing for the current full financial year.

Nanotechnology

3D Atom Probe

Turnover during the period was £1.15m (2003: £0.98m), an increase of 16% against
the first half of last year.

In the period, one Atom probe was shipped to India and the remaining two
scheduled for the first half were shipped and invoiced after the period end. The
customers for these two 3DAPs were the National Institute for Materials in Japan
(2nd 3DAP for this customer) and Shanghai University. Our first order from China
has received widespread publicity both directly through the Chinese academic
community and also as part of the UK and Chinese Government`s initiative called
`UK-China Partners in Science`. Shanghai University has arranged a countrywide
symposium in March in order to educate the Chinese academic community on the
3DAP and its uses. Our non-executive Chairman, Professor George Smith, will be
the key contributor at the symposium together with Dr Peter Clifton, Director of
Oxford Nanoscience business development, who joined us from Seagate during 2004.
We are confident that this symposium will provide several commercial
opportunities within the Chinese market.

On a broader level, we have experienced continued and growing interest in our 3D
Atom Probe. The performance of our product has improved significantly during the
period with an almost 25% improvement in mass resolution at full width tenth
maximum. This improvement allows scientists to differentiate ions (electrically
charged atoms) with very similar atomic masses. Our existing Atom Probe is
restricted to analysing samples which are electrical conductors (ie metals and
highly doped semiconductors). We are at an advanced stage in the development of
a laser atom probe that will allow the analysis of low doped semiconductors and
in general non-conducting samples. Initial results for pure silicon samples
indicate that we are achieving a similar mass resolution. We expect this product
to be available for sale by the financial year end.

Currently, our customer base is predominantly comprised of organisations
involved in metallurgy. Our technique for analysis was originally developed for
this market and continues to provide a source of new customer prospects. Several
of these prospects are at an advanced stage. Key to our continued growth is the
wider acceptance of the 3DAP technique and more specifically the availability of
the laser atom probe which will allow entry into the much larger semiconductor
market. Given the 3DAP`s atomic scale resolution, its importance for this market
will come as feature size reduces further. The company has developed a
significant pipeline for its 3DAPs and we are encouraged by the level of serious
enquiries. However it remains difficult to predict the likely timing of the
conversion of the sales pipeline into firm orders.

IMOSTM

Towards the end of the period, the Company acquired an option to purchase the
remainder of Epiic (the optical component integration spin out from Imperial
College, London) that it does not already own together with IP relating to
Quantum Dot research currently being carried out by Imperial`s materials
department. In addition, the Company and Imperial College have recently been
awarded a grant by the DTI under their Smart Pixel Optoelectronic Technologies
for next generation Sensors (SPOTS) program. The total project size is £819,000
(of which 50 per cent is funded by the DTI). It is expected that Epiic`s IMOS
(Integrated Monolithic Optical Structure) process for the integration of optical
components will be proven by the company`s financial year end, at which point
licensing opportunities will be explored. The SPOTS program is specifically
targeting a particular implementation of IMOS for advanced laser based sensor
arrays that are able to provide a 3D imaging capability for the determination of
an object`s shape, location, distance or spectral signature.

Controls

Turnover for the period was £3.81m (2003: £2.10m), an increase of 81%. The
increase in turnover is largely attributable to the acquisition of iLight Ltd.
We have incurred restructuring costs of £0.25m during the period creating a
centralised manufacturing operation in our Cwmbran facility and streamlining the
management teams of both iLight and Zero88. Customer enquiries are strong and we
expect performance to improve further once the benefits of an enhanced product
portfolio filter through the sales cycle.

Components

Turnover for the period was £2.54m (2003: £1.77m), an increase of 43%.
Performance was particularly strong with respect to the product lines that were
not disposed of shortly after the period end. Ongoing longer term contracts are
continuing at projected run rates. We are encouraged with the improving
performance of this division. Shipments of products to our major customers
British Aerospace and Metronet Rail continue to proceed against forecasted
monthly quantities.

Software

Turnover during the period was £0.75m (2003: £0.94m), a decrease of 24%. During
the period, a number of new versions of existing strong selling titles were
released. However the retail channel through which the products are sold was
generally weak over the Christmas trading period.

We are optimistic about the potential sales for our latest product Magix
Ringtonemaker, which is due to be launched in early March 2005. This product has
been the subject of significant interest in both the media and retail channels
given the ability of the product to create real ringtones on a variety of mobile
phones (using WAV, mp3, AMR and ADPCM file formats) using a bluetooth enabled PC
or laptop (subject to having the approval of the copyright holder of any
published material).

Senior Management

I am delighted to welcome two new members to the Board.

Fraser Searle joined us as Finance Director during January. Fraser`s predecessor
Jon Clough has remained with the Company assisting us with the integration of
new acquisitions and implementation of our Management Information System.
Fraser, age 42, joins the Board of Polaron after 4.5 years at Turbo Genset Inc.,
the fully listed electronics technology company. Fraser joined Turbo Genset in
March 2000 and oversaw a period of strong growth, including the company`s
listing on the London Stock Exchange and a key acquisition. Prior to Turbo
Genset, Fraser spent 14 years at Ernst & Young providing commercial business
advisory and consulting services to energy companies, before starting up his own
company to provide financial advice and outsourced accountancy services to
start-up companies in the technology sector.

Simon Redvers joined us in February as Group Managing Director and his
appointment to the Board is effective as of today. Simon joined us from
Honeywell where he was responsible for business development in their sensors
division. His prior experience included various strategic operations roles at
Nortel, GEC and Hanson. Simon has an MBA from London Business School and an
undergraduate degree in Engineering, Economics and Management from Oxford
University. Simon is responsible for setting up and managing an infrastructure
for continued growth across the whole group.

Outlook

Our mission remains to become a significant player in the emerging
nanotechnology market with our 3D Atom Probe metrology instrument whilst at the
same time maximising the business potential of our other divisions. We are
confident that further progress across all divisions will enable us to meet
market expectations for the financial year.

[BrauchGeld]

Hi

Einschätzung von M.Beckmann (Feb.2005)

1 von harrisharry

Was halten Sie von dem britischen Unternehmen Polaron ?




2 von Nanostart

Hallo harrisharry,

Polaron gefällt mir gut. Das Unternehmen mit einem KGV von 44 befindet sich auf einem soliden Wachstumskurs und könnte sich in den kommenden Jahren zum Liebling der Investoren mausern. Der Wert leidete in der Vergangenheit darunter, dass Nanotechnologie bei britischen Investoren überhaupt kein Thema war. Mit einem aufkeimenden Interesse von Seiten der Anlegerschaft dürften sich auch höhere Kurse einstellen, denn das Unternehmen ist allem Anschein nach wirklich auf dem richtigen Weg. Ausrüster zählen nach wie vor zu den ersten Profiteuren der Nanotechnologie und mit seiner Tochter "Oxford nanoScience Ltd" ist Polaron hervorragend aufgestellt.

Marco Beckmann

[Morgenrte]

..."leidete" - so ist der Beckmann ;-)! Sonst aber ganz interessant! Aber wer kennt ne gute Seite für die LSE, auf der man ein data-sheet für die einzelnen Aktien bekommt, kenne mich da gar nicht aus! Danke und greetings!

[silberbraer]

Was ist da bei Polaron los ?
Wer weiß etwas ?

[BrauchGeld]

Hi

Anscheinend laufen die geschäfte nicht so gut wie erwartet,wer sich traut könnte jetzt einsteigen kann mir gut vorstellen das es im laufe des tages das minus reduziert wird.


30.3.2005
Polaron plc
Trading update

Further to the interim results announced on 2 March, the Board of Polaron makes
the following trading update:


At the recent symposium hosted by the Company in Shanghai, 49 delegates from
institutions throughout China were introduced to the 3D Atom Probe analysis
technique. We are also encouraged by requests from a number of commercial
organisations in the Far East for test data to be provided from customer
supplied samples. Interest levels for the 3D Atom Probe in all our target
markets remains strong but the conversion rate of sales prospects into orders is
proving slower than expected. The order cycle also remains difficult to predict.
As a result of funding delays with two potential customers in academic
establishments, the Board does not expect to ship any further units in the
current financial year and consequently the results for the year ended 30 June
2005 will be below current market expectations.


The integration of the businesses acquired in our controls division is going
well and restructuring is expected to be completed by the end of the financial
year. The Board is pleased to confirm that trading across the remaining
divisions continues within expectations.