25 August 2015
IMAGE SCAN HOLDINGS PLC
("Image Scan" or the "Company")
(AIM: IGE)
First customer delivery of new ultra-thin detector panel and new software
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 made the first customer deliveries of both its new ThreatScan®-LS1 portable X-ray detector panel and ThreatSpect, its new modular control and display software.
The ThreatScan®-LS1 panel is part of a fully integrated portable X-ray system, the other elements of the system being Image Scan's portable X-ray generator and the ThreatSpect software running on a laptop computer or tablet. The new system provides market leading performance in a rugged, highly portable package and is a key element of the new ThreatScan®-LS1 range of portable X-ray detection systems launched at the Counter Terror Exhibition in London in April 2015.
The customer taking delivery of these four systems is a military organisation in the Middle East. In parallel, Image Scan has built a number of demonstration systems which are now being presented to customers and partners around the world, with a view to driving rapid adoption of the new systems.
Commenting on this news, Bill Mawer, Chairman and CEO of Image Scan, said: "I am delighted that the Company has reached this important milestone. Early feedback from customers exposed to both the panel and the new software has been overwhelmingly positive. The development of these exciting new products has taken longer than we had anticipated and those delays have impacted the Company's current year financial performance. However, we anticipate a rapid uptake of these products as the benefits are demonstrated to our global customer base."
-ENDS-
For further information, please contact:
Image Scan Holdings plc Tel: +44 (0) 1509 817 400
Bill Mawer, Chairman and Chief Executive Officer
[email protected]
Cantor Fitzgerald Europe Tel:+44 (0) 207 894 7000
Rick Thompson / David Foreman / Michael Reynolds (Corporate Finance)
David Banks / Tessa Sillars (Corporate Broking)
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 ThreatScan® 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 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
