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Pin to quick picksImage Scan Holdings Regulatory News (IGE)

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Contract Win

3 Jun 2013 07:00

RNS Number : 0546G
Image Scan Holdings PLC
03 June 2013
 



3 June 2013

 

 

Image Scan Holdings plc

("Image Scan" or "the Company")

 

SIGNIFICANT CONTRACT WIN

Over £1m of orders secured since April

 

The Board of Image Scan, specialists in the field of real-time 3D and 2D x-ray imaging for the security and industrial inspection markets, is pleased to announce contract wins totalling over £1,000,000 since 1 April 2013 which include a significant repeat export order for the supply of security equipment.

 

Key Points:

 

·; Contracts totalling over £1m secured since 1 April 2013

·; £2.3m of cumulative orders in current financial year

·; Sale of two SVXi mobile security x-ray screening systems

·; Further sale of an AXIS-3D conveyor system into Africa

·; Continued focus on cash management and on-going sustainability

 

Following on from the Company's announcement on 27 February, the Board is pleased to report on £2.3m of cumulative orders secured in the current financial year, having started the year with an order book of approximately £0.4m and booked a further £1.9m of new orders in the year to date with security sales comprising over 75%.

 

Capitalising on Image Scan's investment into product development in 2012, the Company has been able to secure a repeat order for two SVXi small vehicle x-ray inspection systems. These highly mobile units are for deployment with customs and border control agencies and security forces to counter on-going criminal and terrorist threats. Given the lead time in manufacturing these systems, it is anticipated that they might be part-delivered within the current financial year.

 

In addition to the sale of the three AXIS-64 conveyor systems into the Middle East announced in April the Company has more recently sold a further AXIS-64 and one of its AXIS-3D systems into Africa where the enhanced image quality and processing functions for rapid and accurate interpretation of images remains essential.

 

Image Scan's full product range can be downloaded at the Company's website: www.3dx-ray.com

 

Commenting, Chief Executive, Louise George said: "Having invested heavily in development to extend Image Scan's product portfolio in 2012, we are delighted to see the benefit in terms of repeat sales in the current year and the strong performance across the security product range. The Board recognises the tough economic conditions that still prevail and, through significant contract wins such as this one, remains focused on long term corporate sustainability."

 

 

-ENDS-

 

For further information, please contact:

 

Image Scan Holdings plc Tel: +44 (0) 1509 817400

Brian Emslie, Chairman

Louise George, CEO

ir@ish.co.uk

 

Cantor Fitzgerald Europe Tel: +44 (0) 207 894 7000

Tom Sheldon / Rick Thompson (Corporate Finance)

Richard Redmayne / Paul Jewell (Corporate broking)

 

Yellow Jersey PR Limited Tel: +44 (0) 203 664 4087

Dominic Barretto

Anna Legge

 

About Image Scan Holdings plc

 

Image Scan Holdings plc (AIM: IGE) is focused on the development and commercialisation of market leading real-time x-ray solutions for use in the global Security and Industrial inspection markets. The Company's Security portfolio includes the Axis range of baggage inspection systems; the FlatScan range of portable bomb and suspect package detection systems; and SVXi, a small vehicle inspection system. The Industrial inspection solutions include the MDXi product range, cabinet x-ray systems for laboratories and production lines. The Company is now broadening its scope to look at other key applications where its technology can be adopted, such as in the Medical devices industry. The Company was founded in 1996 and joined AIM in 2002.

 

For further information on the Company, please visit: www.ish.co.uk - and for further information on its products, please visit: www.3dx-ray.com

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTUAASROSAVOAR
Date   Source Headline
6th Oct 20088:13 amRNSEPT Disclosure
2nd Oct 200810:45 amRNSEPT Disclosure
30th Sep 20087:00 amRNSPre-Close Trading Update
30th Jun 20087:00 amRNSCollaboration with British Tr
9th Jun 20087:00 amRNSInterim Results
3rd Apr 20087:00 amRNSMultiple New Contract Wins
13th Mar 200812:18 pmRNSAGM Statement
13th Mar 20087:00 amRNSTrading Update
31st Jan 20087:00 amRNSPreliminary Results
30th Nov 20074:33 pmRNSNew Chairman Appointed
29th Nov 20077:00 amRNSGrowing Demand Lifts Sales
14th Nov 20077:01 amRNSDirectorate Changes
12th Nov 20077:00 amRNSIssue of Shares
7th Nov 200710:02 amRNSHolding(s) in Company
5th Nov 20077:00 amRNSBoard Change
25th Sep 20077:02 amRNSContract win
13th Sep 20077:00 amRNSPre-close Trading Update
16th Aug 20073:13 pmRNSRule 26 Website
26th Jul 20071:00 pmRNSBoard Change
25th Jun 20077:01 amRNSHolding(s) in Company
21st Jun 20077:00 amRNSHolding(s) in Company
18th Jun 20079:14 amRNSHolding(s) in Company
14th Jun 20073:06 pmRNSEGM Statement
21st May 200712:22 pmRNSChange of Adviser
21st May 200712:18 pmRNSShare Placing/Trading update
21st May 200712:10 pmRNSInterim Results
20th Apr 200710:05 amRNSDirector/PDMR Shareholding
23rd Mar 200712:00 pmRNSResult of AGM
27th Feb 20077:01 amRNSHolding(s) in Company
15th Jan 20077:00 amRNSFinal Results
21st Dec 20067:00 amRNSHolding(s) in Company
14th Dec 20067:01 amRNSHolding(s) in Company
12th Dec 20068:00 amRNSTotal Voting Rights
14th Nov 20067:01 amRNSTrading Statement
13th Dec 20057:00 amPRNFinal Results
1st Nov 200512:00 pmPRNDate of Preliminary Results
1st Nov 200512:00 pmPRNDate of Preliminary Results
21st Oct 20056:00 amPRNNew Rapiscan Agreement
3rd Oct 20059:00 amPRNIssue of Options
13th Sep 20056:00 amPRNRe Contract
12th Aug 20056:30 amPRNRe Contract
29th Jul 20054:44 pmPRNDirectorate Change
5th Jul 20052:30 pmRNSSAR 5 - Image Scan-Replacemnt
1st Jul 200512:20 pmRNSSAR 5 - Image Scan Holdings
3rd Jun 20059:40 amPRNHolding(s) in Company
1st Jun 20056:30 amPRNInterim Results
31st May 20059:39 amPRNDirectorate Change
17th May 200510:15 amRNSLicensing Agreement
27th Apr 20052:29 pmRNSDirectors Shareholding
26th Apr 20052:15 pmRNSPlacing and Open Offer

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