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Ocean View, Delaware, July 07, 2016 (GLOBE NEWSWIRE) -- X-Ray Security Screening System Market size is forecast to reach USD 3.42 billion by 2023; as per a new research report by Global Market Insights, Inc. Flexible security system installation and expansion for countering terror threats is also forecast to propel growth. The presence of an attractive civil aviation landscape across the Asia Pacific, Russia and Middle East industries offers avenues for x-ray security screening system market size Asia Pacific x-ray security screening system market size is set to witness high growth. This can be primarily attributed to increasing demand across the Chinese civil aviation and railway sectors. http://goo.gl/x3UwTr
The global market for industrial x-ray inspection systems is projected to cross US$591.9 million by the year 2017 Industrial x-ray inspection systems have emerged as one of the most lucrative segments of the global inspection systems market, primarily owing to the non-intrusive method of screening. The industrial x-ray inspection systems market is projected to scale new heights in the years to come with the market moving from conventional film-based systems to the innovative and highly advanced digital systems Flat panel detector (FPD) integrated systems particularly digital radiography (DR) machines, that fulfill high resolution and faster processing requirements would be viewed as the next-generation x-ray inspection systems of the future The growing demand for compact size products is driving the need for industrial x-ray systems that offer high resolution, for quality analysis. Asia-Pacific and the US represent leading markets worldwide, as stated by the new research report on Industrial X-ray Inspection Systems. http://goo.gl/R1c1ym
X-Ray Security Screening: Technologies, Industry and Global Market – 2014-2020 2014-2020 Cumulative Market: $14.8 Billion The growth will be boosted by three main drivers: 1. The expansion of the Asia Pacific secured facilities and aviation security markets 2. The replacement of more than 40,000 outdated X-ray systems 3. Despite a decade of R&D aiming at new baggage, luggage, cargo and mail screening technologies, there is no modality on the horizon that can competitively challenge the cost-performance of the X-ray based screening technologies. http://goo.gl/ZdkzQU
The global Portable X-ray and CT Scan Devices market is expected to reach USD 8,408.0 million by 2020 January 31, 2014 | Mark Evans Grad View Research reports: "The global Portable X-ray and CT Scan Devices market is expected to reach USD 8,408.0 million by 2020, according to a new study by Grand View Research, Inc. Rising demand for bedside imaging, home healthcare and the growing use of CT scan devices for anatomical confirmation and to assess the accuracy of medical implants during and post interventional medical procedures are two of the most significant growth drivers of this market. The market will also be driven by factors such as rising prevalence of target diseases such as cardiovascular, dental and orthopedic disorders and cancer, growing global base of geriatric population and the consequent rise in the number of medical procedures especially the ones involving medical implants." Clearly this growth in the portable 2D and 3D imaging markets is of significant interest to Adaptix, as it is exactly the niche market that our 1st generation product is aimed at. http://goo.gl/y1R2DI
Orders coming in, portable X-ray systems in demand, sky's the limit with only 125 m shares
ThreatScan®-PLD portable X-ray system …perhaps prototype Precision Linescan Detector (PLD) The PLD will integrate the patented MAP Materials Classification technology from IBEX Innovations Limited (IBEX) into the ThreatScan® portable X-ray detector panel to offer a unique combination of performance and value for money. The development project is planned to take 12 months…….. Around about now It is expected that the integration of the IBEX MAP technology will significantly enhance both image quality and the ability of the system to discriminate between different materials, increasing the overall threat detection capability. An outline license agreement, under which Image Scan has been granted exclusive access to the MAP technology for the security portable X-ray inspection market, has been signed with IBEX IBEX is also developing applications of the MAP technology for use in other areas including non-destructive testing and medical imaging. This grant award, and the accompanying license agreement with IBEX form an important step in our plans to further enhance and extend our range of portable X-ray systems. We want to differentiate Image Scan from other suppliers and bringing this unique technology to the market will certainly achieve that aim." Neil Loxley, CEO of IBEX Innovations Limited, commented: "We are delighted to be working with Image Scan to integrate the IBEX MAP technology into their range of advanced portable X-ray security machines. We are confident that the combination of Image Scan's advanced portable security systems with the IBEX materials classification technology will create a significant and important new capability for police, security and border control agencies world-wide." http://goo.gl/AFxZ1Y New Auditors http://goo.gl/q04WF1
Seems like a steady pair of hands in a rough sea. Clear thinking and uncomplicated strategy. Tempted to buy more. Even though I have a very small holding. The link up with Todd is interesting wonder if there's a pos RTO. in the offing. Who knows all IMHO. of course.
See Bill Mawer managing director being very confident for the future with this link http://www.proactiveinvestors.co.uk/LON:IGE/Image-Scan-Holdings-Plc/
Image Scan Holdings offers a lot more than a blanket for security -- the company develops and makes Security and Industrial X-ray equipment that is stationary or portable (for rapid deployment) and captures 2D or 3D images. Through operating subsidiary 3DX-Ray Limited, the company offers its 2D & 3D FlatScan high resolution X-ray system, as well as its AXIS baggage scanners, and its MailScan for mail and parcels. Its Industrial scanners are used for production lines or laboratory applications. Its SVXi scans large items, including nuclear equipment and waste. The company's customers include the US Transport Security Administration, the British Transport Police, and precious metals supplier Johnson Matthey. https://goo.gl/347sNM
Hopefully an ally than a competitor Smiths Revenue 2015 -- �2,897 000,000 https://goo.gl/0o5SF4
Another competitor, just showing that this sector of business is big business OSI Systems Fiscal 2015 was a successful year for OSI Systems. We delivered strong top line growth as our sales increased 6% to a record $958 million. We reported another year of operating margin expansion leading to an increase in non-GAAP diluted earnings per share(1) of 13%, representing the seventh consecutive year of record non-GAAP earnings. In addition, strong earnings coupled with improved working capital metrics led to record free cash flow (2) of nearly $90 million. http://goo.gl/Bp9wjl
American Science and Engineering is a competitor, interesting figures that great potential in the scanning market For the fiscal year ended March 31, 2016, the Company reported revenues of $103.0 million as compared with revenues of $126.8 million for the prior fiscal year http://ir.as-e.com/releasedetail.cfm?ReleaseID=969991
Demand for security is going to be enormous, will do well for this company
A very positive reaction to the change of auditors. Surprising but very welcome. Onwards and upwards.
Missied it again - was thinking about this this morning
Stop mms manipulating share prices, Click this link to sign the petition "Correct Reporting of Share Trades on the London Stock Exchange" https://petition.parliament.uk/signatures/24370088/verify?token=KG2qzYFGb0Sm8WkmlWT
Latest RNS regarding a holding increase cropping another 3% off the free float.
the Chairman putting his money where his mouth is earlier in the year. 07-Mar-16__12:06:20__ 1.99___402,010___Buy* __1.75___2.00___8,000___O Nice to see their own hard earned cash being put in ,show a lot of faith
With the weak pound helping exports and possible government contract wins in the short term the next results in (presumably) December should look a lot better. The new technology licensed for products in 2017 also sounds very promising, especially with the Chairman putting his money where his mouth is earlier in the year. I think this will be a very interesting 18 months going forwards for the company. I wouldn't be surprised to see a couple of major I.I's. piling in very soon to get their share of the free float before it's hoovered up.
this will be profit making from hereon?
Youtube clip https://goo.gl/j46HQm
Bill Mawer, Chairman and CEO of Image Scan What his Skill ? STRATEGY AND BUSINESS GROWTH CONSULTANT with a strong record developing new revenue streams in medical diagnostics, defence and security. Specialist in technology strategy and new product development. Where does he come from and what business model is he more than likely employing? https://goo.gl/Bim6WM What do the products look like? http://goo.gl/1F5LR4 Who wants them? Bill Mawer is possibly using his network from his previous background which can generate business in airports, cargo screening at ports and borders, in government buildings and other critical infrastructure, as well as by the military and emergency responder services.
Image Scan Holdings PLC Develops, manufactures and exports 70% of their products worldwide. They are presently the ONLY Company in the world that are marketing a mobile portable scanner which incorporates all elements of the system which can be connected wirelessly.
damn it
Shareholder Profile Holder No. Shares % Rise Step International Development Ltd 30,873,331 24.58 Mr David Allenby 10,084,417 8.03 Reyker Securities plc 8,984,036 7.15 Old Mutual plc 6,880,000 5.48 Calculus Capital 5,569,812 4.43 Directors 5,354,380 4.26 53.93 percent 126m shares minus 53.93 percent leaves roughly 57,000,000 in circulation