News Archive
Mobile Tornado Group client win
03 October 2013
Walbrook PR announced its appointment as Financial PR advisor to Mobile Tornado Group plc, the Instant Communications services provider for mobile devices.
Mobile Tornado Group PLC (AIM: MBT) specialises in the provision of Instant Communications services for mobile devices, with a focus on enterprise workforce management. The Company's main applications comprise Instant Talk, Instant Locate, Instant Alert & Instant Message and are geared towards improving a business's productivity and performance. Mobile Tornado's Push to Talk (PTT) platform provides instant 'walkie-talkie' voice communication with an individual or a team, enabling members of a team to connect in less than one second wherever they are.
In September, Mobile Tornado raised £4.0m to continue investment in its platform and further market penetration, as well as provide additional working capital to support existing contracts. The Board also took the opportunity to restructure the Company's balance sheet, allowing the Company better to pursue its growth opportunities with a strengthened balance sheet, removing capital constraints and helping it in its contract negotiations with potential customers.
Walbrook will advise Mobile Tornado on its communications with the financial media, research analysts and other Small Cap and AIM investors. For more information, please visit:www.mobiletornado.com
Mobile Tornado, based in Harrogate, also adds to Walbrook's growing Yorkshire client base. Walbrook now acts for seven companies in Yorkshire: Animalcare Group plc, Avacta Group plc, Filtronic plc, Getech Group, Renew Holdings plc, Surgical Innovations Group plc and now Mobile Tornado Group plc.
Paul McManus, Director of Walbrook PR, said: "We're very pleased to start work with Mobile Tornado at a time when the business has completed a number of platform installations which should lead to commercial launches soon, providing a steady recurring revenue stream. There is also massive potential for a secure version of their instant communication platform for the homeland security market."