Wednesday, April 19, 2006

Stock News: Memory Device signed letter of intent with Potevio!

Memory Devices Ltd may gain after it said that it has signed a letter of intent to supply Potevio Group, China's biggest handset producer, with solid state memory storage products. Memory Devices said purchase orders from Potevio could potentially reach 50 mln usd. The stock closed up 0.025 sgd at 0.480 yesterday.

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