uk press coverage...about to move

You have all been warned. Plenty of news coming in the near term. Time to get on board imo.

The Independent (Main)
20 November 2006

Premier Bionics looks poised for healthcare tonic
Small Talk
BY
ANDREW
DEWSON
One small cap story that passed under the radar screens last week came from Premier Bionics. It is an interesting business, quite apart from being one of the
very few Australian companies listed in London that has
nothing to do with the mining industry. Premier Bionics
designs software and hardware which is used to
train surgeons. It also provides ongoing consultancy
and helps to develop medical skills training facilities.
Think "PlayStation Open Heart Surgery" with interactive
controls.

One of the problems facing training hospitals is the
lack of corpses to practice on, a problem dating much
further back than Burke and Hare. Obviously, letting students practice on a live patient carries certain risks,
not just restricted to the death of said patient. Pre¬
mier's simulators allow surgery students to practice
away to their hearts'content without killing anyone.

The company announced another significant deal in China last week, worth A$830,000 (£337,000), its second major contract in the country, to supply its simulators to Southern Medical University in Guangzhou
province.

Before any Small Talk readers start thinking about
filling their children's stockings with a Premier Bionics
simulator this Christmas, it is worth knowing that the latest kit will set you back £35,000 per unit. But the Chinese contract could be the tip ofthe iceberg for Premier Bionics in an area of technology that has huge scope for expansion with very little in the way of competition.

It can be tough for small companies to impress the
market - Premier Bionics' shares remained unchanged
at 8p despite confirmation of the Chinese contract. However, Small Talk hears that the company is on the verge of signing its next major contract, this time with a household name in UK healthcare. The shares are unlikely to stay at 8p for much longer.

Ends