29 October 2014
Image Scan Holdings plc
("Image Scan" or the "Company")
Partnership agreement signed with Sectus Technologies Inc.
Increased distribution in Canada, Central and South America
The Board of Image Scan, manufacturers of X-ray imaging systems for the Security and Industrial Inspection markets, is pleased to report that it has signed an initial two year partnership agreement (the "Agreement") with Sectus Technologies Inc. ("Sectus") to distribute Image Scan's portable X-ray security product range throughout Canada, the Caribbean and Central and South America (together, the "Territories"). Pursuant to the Agreement, Sectus will be responsible for distribution, local support and servicing of the Company's products across the Territories.
Sectus, based near Montreal, Canada, has extensive experience of the security markets in North and South America and represents a number of leading security technology companies, including Smiths Detection. The Agreement demonstrates the Company's focus on enhancing its sales and marketing presence in key strategic areas and expanding its geographical reach.
Commenting on the Agreement, Cherif Rizkalla, President and CEO of Sectus said, "Image Scan's range of portable X-ray products has the potential to be positioned in a number of sectors where we have a strong position and excellent end user relationships. With our strong relationships within the private and public sectors in the region and Image Scan's fast growing product range, we fully expect to be successful in introducing its products to these markets."
Image Scan's Executive Chairman, Bill Mawer said "Having worked closely with Cherif Rizkalla during our time in Smiths Detection, I know him to have exceptional knowledge of the region and a track record of successfully launching new security products into these important territories.
"Sectus combines the market presence and technical knowledge we need to drive rapid take up of the new portable X-ray products that are starting to emerge from our recently re-capitalised development programme."
-ENDS-
For further information, please contact:
Image Scan Holdings plc Tel: +44 (0) 1509 817400
Bill Mawer, Chairman and Chief Executive Officer
Cantor Fitzgerald Europe Tel: +44 (0) 207 894 7000
David Foreman / Rick Thompson (Corporate Finance)
David Banks / Paul Jewell (Corporate Broking)
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. The Company was founded in 1996 and was admitted to 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
