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It has been revealed that computer services group, Chase Technology plc, were one of
the mystery sponsors who made possible last week's land speed record for Richard
Noble's ThrustSCC project. Directors of Chase Technology made a substantial
donation to help finance the record breaking trip after hearing it could be cancelled
through lack of funds.

The jet powered car achieved an average speed of 714mph across the desert in
Nevada. It is now aiming to be the first car to reach the speed of sound..

Managing Director of Chase Technology, Chris McAuley, said; "We thought this was
a British venture which was worth supporting."

"We felt that the ThrustSCC world record was worth investing in as it reflects what
Chase stands for - ground breaking and ambitious with rapid acceleration from a
standing start," he said.

The Chase Group is in only its second year of trading, but already owns six
companies, employs 94 staff and expects to post profits of more than £1 million on a
turnover of £8 million this year.

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ThrustSCC is 54 foot long and 12 foot wide, weighs 10 tonnes and has two jet
engines. As part of the sponsorship deal, it will now carry the Chase logo as it
attempts to break the sound barrier (750mph). ThrustSCC has already achieved a top
speed of 728 mph.

Editors' Note: Photos available

Contacts:

Victoria Mottram or George Shaw at Shaw PR on 0171 226 9177
Chris McAuley or Naomi Eaton at Chase on 0181 831 6800

This press release was distributed by ResponseSource Press Release Wire on behalf of Shaw PR in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.