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Pin to quick picksImage Scan Holdings Regulatory News (IGE)

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Supply Agreement

21 Jul 2014 07:00

RNS Number : 7859M
Image Scan Holdings PLC
21 July 2014
 



21 July 2014

 

IMAGE SCAN HOLDINGS PLC

 

("Image Scan" or the "Company")

 

(AIM: IGE)

 

Exclusive Supply Agreement Signed with Leading Global Provider of X-ray Inspection Solutions

 

Image Scan, the AIM-listed specialist supplier of x-ray screening systems to the security and industrial inspection markets, is pleased to announce that it has signed an exclusive supply agreement with a leading global provider of x-ray inspection solutions based in the US. Under the terms of the Agreement, Image Scan will be supplied with a specially designed, portable x-ray generator, which is a significant component in the Company's FlatScan product range which is offered to bomb disposal and counter-terrorism customers throughout the world. The Agreement provides Image Scan with exclusive rights to market the product in the security sector.

 

The new generator has been designed and manufactured to the specific requirements of the portable market where Image Scan has established a strong market presence. The engineering teams from both companies have worked in close collaboration to create a more robust, smaller and lighter product, with a better form factor.

 

Commenting on the Agreement, Bill Mawer, Chairman and CEO of Image Scan said: "This agreement is a significant step in the planned modernisation and expansion of our portable x-ray offering. We are excited to be working with such a well-respected manufacturer in the x-ray field. The new generator has been designed using their considerable x-ray expertise and Image Scan's knowledge of the portable x-ray market. It incorporates significant improvements in performance and reliability over the unit it replaces.

 

"We anticipate that the improved generator will allow us to access new markets, including those in North America, which are key for our future growth. We plan further product launches in this area including new x-ray detector panels and enhanced software."

 

-ENDS-

 

For further information, please contact:

 

Image Scan Holdings plc  Tel: +44 (0) 1509 817 400

Bill Mawer, Chairman and Chief Executive Officer

ir@ish.co.uk

 

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

Rick Thompson / Mark Percy

David Banks / Paul Jewell

 

Yellow Jersey PR  Tel: +44 (0) 7747 788 221

Anna Legge / Dominic Barretto

 

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
 
 
AGREVLFFZDFXBBZ
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30th Jun 20167:00 amRNSTrading Statement
23rd Jun 20167:00 amRNSDistribution Agreement
19th Apr 20167:00 amRNSHalf-year Report
7th Mar 201612:54 pmRNSDirector/PDMR Shareholding
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22nd Dec 20152:26 pmRNSGrant of Share Options
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13th Oct 20157:00 amRNSPre Close Trading Update
25th Aug 20157:00 amRNSFirst Delivery of New Detector Panel and Software
29th Jul 20159:15 amRNSGrant Award and Related Technology License
2nd Jun 20157:00 amRNSInterim Results
1st Jun 20152:36 pmRNSTR-1: Notification of Major Interest in Shares
20th May 20158:43 amRNSHolding(s) in Company
20th Apr 20157:00 amRNSAppointment of International Sales Manager
13th Apr 20157:00 amRNSTrading Statement
10th Mar 20153:29 pmRNSResult of AGM
2nd Mar 20155:15 pmRNSHolding(s) in Company
12th Feb 20153:23 pmRNSNotice of AGM
11th Feb 20157:00 amRNSContinued Take Up of Conveyor X-Ray Systems
10th Dec 20149:00 amRNSHolding(s) in Company
9th Dec 20147:01 amRNSLaunch of new portable generator
9th Dec 20147:00 amRNSPreliminary Results
27th Nov 20149:30 amRNSHolding(s) in Company
29th Oct 20147:00 amRNSPartnership agreement signed with Sectus
9th Oct 20147:00 amRNSPre Close Trading Update & Contract Win

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