Financial Times FT.com

Phorm shares leap despite delay

By Tim Bradshaw

Published: September 5 2008 03:00 | Last updated: September 5 2008 03:00

Phorm said yesterday that preparations for the first major trial of its internet advertising technology had taken "longer than anticipated" but that it still expected deployments to go ahead with the UK's largest broadband providers.

Phorm's technology is placed within internet service providers' networks to monitor the sites visited by broadband users in order to direct appropriate advertisements to them.

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