Baltimore Technologies bids farewell to IT security

Baltimore Securities PLC, a fallen star in the IT security business,has announced it is moving into the clean energy solutions business.

Now just a cash shell, Baltimore was once a $5 billion company in the security market, but has spent more than a year of selling off its

operations, leaving a cash shell worth around $22 million.

The firm says it plans to change its name and acquire an as-yet,

unnamed company, to help it move into the market of assisting firms

in cutting their energy supply bills.

"The company plans to build a leading business focused on providing

commercially competitive clean energy solutions to industrial and

commercial consumers," Baltimore said in a press statement.

Web... www.baltimore.com