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UK smallcap opening - Paros slightly higher, off low after patent granted


Published :
Wed, 31 Oct 2007 09:46
By : Agencies
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LONDON (Thomson Financial) - Energy controls group Paros rose slightly, bouncing from near its all-time low after the company said it has formally been granted European patent for the use of its parametric model predictive control (MPC) technology, adding that it will now focus on commercially exploiting the technology and look to secure additional revenue from its patents.

Paros, which floated on AIM last year, rose 0.04 pence, or 17.8 pct, to 0.265 in early deals.

brian.gorman@thomson.com

btg/lam

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