28.05.09

Administration for Screen Technology

AUTHOR: Inavate

Screen Technology has finally gone into administration following the suspension of its shares on the London Stock Exchange on April 29, 2009.

A newspaper local to the Ely, UK based company reported that the spin-out of Cambridge University had experienced a long run of misfortune with various deals failing due to unconnected circumstances. The Cambridge Evening News said insolvency practitioners McTear Williams and Wood had been appointed as administrators.

Screen Technology specialised in high-resolution display systems for digital advertising and signage markets.