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Article: Surfboard security firm riding high on Dragons' Den deal; Sporting chance for new idea as 'angel' splashes the cash.(Business)
- Article from:
- Western Mail (Cardiff, Wales)
- Article date:
- July 2, 2008
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Copyright informationCOPYRIGHT 2008 MGN Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Aled Blake Business Correspondent
DRAGONS' DEN investor Richard Farleigh has taken a significant minority stake in a company which has developed technology to stop surfboards being stolen or counterfeited.
High profile business angel Farleigh, and partner Leo Skagerlind, have invested in Bridgend company Surfboard Tracker (SBT).
Andrew Smith, the owner and founder of SBT, has developed a global online surfboard database.
It uses a combination of the internet and micro-chip technology, for extreme board sports and bikes.
The investors said they were ...