X-Phonics plc - Kermans acted for X-Phonics (previously Diablo) on its acquisition in August 2006 of White Noise Limited for £329,000 satisfied in new X-Phonic shares, and a placing to raise £982,500 before expenses, to meet current overheads and working capital requirements. A change of company name and share reorganisation were also effected at the same time. Nicholas Narraway led the Kermans team on the transaction.