For the first half of 2007, the operating loss was GBP433,000 compared with a loss of GBP1.429 million for the same period in the previous year. The overall gross profit for the year is GBP97,000.

Basic and diluted loss per share was 1.4 pence for the six month period of 2007 compared with a loss of 6.9 pence for the same period in the previous year.

Dominic Wheatley, CEO of Bright Things, said: Throughout the period we have made encouraging progress in our pursuit of new initiatives to enhance shareholder value whilst controlling our costs and continuing to develop our existing product line in time for its recent launch. We hope to be in a position to announce further details in respect of any new initiatives in due course.