DIGITAL imaging company comeleon plc is hoping for a brighter future after recording £7m losses.
The group bought out former parent company Tanfield Group in a reverse takeover that has seen the combination take the name Tanfield Group plc.
Yesterday, the chairman of the newly-formed listed company, Roy Stanley, moved to draw a line under a difficult period.
The pre-tax losses, for the 15 months to December 31, did not include the manufacturing, engineering and technology assembly activities of the Tanfield Group.
Mr Stanley said: "It was made clear that these figures would represent the history of the business and not the future."
A large remote control handset manufacturer in the US became the third licensee for the ImageBox Supa high volume imaging system, following similar deals with a US plastics company and a Japanese cosmetics packaging manufacturer.
The third member of the group, online training and learning business JoeKnowsIt, also had success after landing a contract with software company Sage.
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