The FTSE 100 opened last week at 5,000 points and closed at 5,300, whilst the AIM All Share closed the week in line with where it opened- at 695 points. The markets have continued with a lack of predictability, though this has somewhat been eased by the voting of Eurozone states on measures to increase the powers of the Eurozone bailout fund (increasing the funds’ capacity to EUR 440bn) in order to help tackle the European financial crisis - 16 of 17 member states have given approval, with Slovakia yet to vote. The week ahead sees British Retail Consortium retail figures being released, together with unemployment figures (forecast to hit 8 per cent) and average earnings, and the purchase of £5bn of gilts by the BoE as part of its quantitative easing programme (QE2).

AdEPT Telecom ( ADT 31.5p / £6.64m)

Adept Telecom (LON:ADT) announced this week that it has been awarded a 3 year Voice over IP migration contract with an existing customer worth an estimated revenue of £2.5m over the life of the contract with one of UK’s largest wholesalers. This contract covers 395 sites across 5 subsidiaries. Ian Fishwick, CEO said that this is one of the largest VoIP contracts placed so far in the UK, and an initial pilot covering 90 sites is anticipated to be followed by a phased roll-out of the other 300 sites.

Angle (LON:AGL) (AGL 59.5p/£21.1m)

Since the announcement that Parsortix's cell separation device can capture cancer cells added to blood (announced on 28 September), ANGLE has increased its holding in Parsortix Inc to 90 per cent. ANGLE completed an equity fundraising to raise €1.25m in July 2011, 80 per cent of which has been allocated to Parsortix to fund the definitive validation of its initial findings (now complete), to optimise the separation device and commence beta testing with cancer clinics. ANGLE has agreed the terms for this further investment in Parsortix and, in addition, has acquired part of the holding of George Hvichia, the Chief Technical Officer and the original inventor of Parsortix's separation device. Following the acquisition of part of Mr Hvichia's shareholding, ANGLE's holding in Parsortix has immediately increased to 90 per cent allowing ANGLE to ensure Parsortix is a qualifying subsidiary for the purposes of deploying funds raised under the EIS and VCT schemes. Mr Hvichia has…

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