Flying Brands Limited Stone Checker Update (7178P)
September 04 2017 - 3:49AM
UK Regulatory
TIDMFBDU
RNS Number : 7178P
Flying Brands Limited
04 September 2017
FLYING BRANDS LIMITED
("Flying Brands" or the "Company")
Stone Checker Update
Further to the announcement of 11 July 2017, the Board reports
further developments relating to the achievement of a CE mark for
the company's Stone Checker medical software product.
The Company has been informed by its contract manufacturer in
North America that a recent fire at its main facility will result
in a delay in the delivery of the prototype Stone Checker software,
previously expected to be delivered to the Company this month. A
business continuity plan at the manufacturer's site and careful
off-site storage of the development work means that manufacturing
is expected to recommence in days. However, this temporary
interruption and resultant later delivery of the software will
itself result in a knock-on delay of approximately eight weeks to
the Stone Checker CE Marking programme.
All other aspects of the Stone Checker Software businesses
continue to be developed entirely as planned and the Board is
confident that this marginal delay in timelines will have no
material impact on the overall CE Marking programme.
**ENDS**
For further information please contact:
Flying Brands Limited
Qu Li/Trevor Brown/Vinod Kaushal
Tel: 020 7469 0930
Peterhouse Corporate Finance (Financial Adviser and Broker)
Lucy Williams/Heena Karani
Tel: 020 7220 9797
This information is provided by RNS
The company news service from the London Stock Exchange
END
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