IMAGE SCAN HOLDINGS PLC

Regulatory Filings • Aug 25, 2015

National Storage Mechanism | Additional information

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RNS Number : 9381W

Image Scan Holdings PLC

25 August 2015

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

ir@ish.co.uk

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

This information is provided by RNS

The company news service from the London Stock Exchange

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