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Upbeat Polaron

Intelligent building control systems firm Polaron says things have improved considerably since the disposal of its nanotechnology business in April.

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The change of focus, to concentrate on the building control systems business, is paying off with Polaron attracting a slew of wealthy celebrity clients and blue chip customer such as Deutsche Bank, Tate Gallery and Emirates Palace Hotel.

The shares are still suffering from the disappointment over its nanotechnology business but the business is generating cash and September’s final results should underline the strength of the underlying business model.

Excluding the disposal, first half turnover will rise 76% and that level ofgrowth is expected to continue, making it
an interesting prospect when the market sees through its nano past.

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