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Toumaz expects 30% jump in first half revenue

Thu, 28th May 2015 10:59

Semiconductor group Toumaz said it was trading in line with expectations and said it forecast a 30% rise in revenue in the first half of the year.The London-listed group said the jump in revenue will be driven by its digital audio business, with the connected audio division registering growth of approximately 60% in the year to date in terms of volume.The group said its digital radio unit was boosted by sizeable growth in Norway and Germany, while the group said its healthcare division had continued to grow and expected further hospitals trials on its vital signs monitoring system to start in the short term future.Toumaz shares were up 0.71% to 3.40p at 11:19 on Thursday.
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23 May 2014 10:04

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20 May 2014 13:33

Toumaz's Frontier Silicon Gains UK Digital Tick Mark

LONDON (Alliance News) - Toumaz Ltd, the low power wireless semiconductor company, said Tuesday that its consumer audio division Frontier Silicon gained UK Digital Tick Mark technology approval. The Digital Tick Mark is part of the UK government's strategy to develop a digital future for ra

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8 May 2014 12:41

Toumaz Signs Distribution Agreements For SensiumVitals In The Middle East

LONDON (Alliance News) - Toumaz Ltd Thursday said its wireless healthcare division, Sensium Healthcare, has signed distribution agreements for its wireless vital signs monitoring system, in five Middle Eastern markets. SensiumVitals is an ultra-low power system for wireless monitoring of pa

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14 Apr 2014 10:30

Toumaz To Preview New Digital Radio Chip And Module

LONDON (Alliance News) - Toumaz Ltd said Monday that it will preview its new Kino 4 digital radio chip, and launch a digital radio module, at the Hong Kong Electronics Fair taking place this week. The new digital radio module was developed with iBiquity Digital Corp, and is based on Toumaz'

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