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Market Cap: £3.01m
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Supply Agreement

21 Jul 2014 07:00

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

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IMAGE SCAN HOLDINGS PLC

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("Image Scan" or the "Company")

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(AIM: IGE)

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

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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.

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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.

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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.

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"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."

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-ENDS-

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For further information, please contact:

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

Bill Mawer, Chairman and Chief Executive Officer

ir@ish.co.uk

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

Rick Thompson / Mark Percy

David Banks / Paul Jewell

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

Anna Legge / Dominic Barretto

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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. TheΒ Company's SecurityΒ portfolioΒ 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.

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

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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AGREVLFFZDFXBBZ
Date   Source Headline
17th Jun 20097:00 amRNSInterim Results
4th Jun 20097:00 amRNSBoard Changes
3rd Jun 20097:00 amRNSHolding(s) in Company
19th Mar 200912:41 pmRNSResult of AGM
19th Mar 20097:00 amRNSTrading Update
13th Feb 20099:28 amRNSRule 8.3- (Image Scan) - Replacement
9th Feb 20099:31 amRNSRule 8.3- (Image Scan Holdings Plc)
9th Feb 20097:00 amRNSCompletion of Strategic Review
6th Feb 20099:25 amRNSEPT Disclosure
5th Feb 20098:58 amRNSEPT Disclosure
4th Feb 20097:00 amRNSFIRST SALES OF 3DX-RAY TECHNOLOGY INTO INDIA
3rd Feb 200910:01 amRNSRule 8.3- (Image Scan Holdings Plc
3rd Feb 20099:29 amRNSEPT Disclosure
2nd Feb 20099:58 amRNSRule 8.3- Image Scan Holdings Plc
23rd Jan 20099:59 amRNSRule 8.3- Image Scan Holdings Plc
8th Jan 200910:01 amRNSEPT Disclosure
24th Dec 20089:25 amRNSEPT Disclosure
23rd Dec 200810:41 amRNSEPT Disclosure
23rd Dec 20087:00 amRNSPreliminary Results
22nd Dec 20083:32 pmRNSChinese Order for Baggage Screening Systems
24th Oct 200812:19 pmRNSRule 8.3- Image Scan plc
17th Oct 20088:51 amRNSEPT Disclosure
15th Oct 20082:30 pmRNSRule 8.3- Image Scan plc
15th Oct 20089:30 amRNSEPT Disclosure
14th Oct 20082:30 pmRNSRule 8.3- Image Scan plc
14th Oct 20082:20 pmRNSRule 8.3- Image Scan plc
14th Oct 20089:43 amRNS3DX-RAY UNIT SIGNS AGREEMENT WITH MIRALOGIX
14th Oct 20088:13 amRNSEPT Disclosure
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

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