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INTELLIGENT ULTRASOUND GROUP PLC

Board/Management Information Sep 15, 2021

7714_rns_2021-09-15_01dcc986-641f-410d-b3fa-ffd4173885ec.html

Board/Management Information

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National Storage Mechanism | Additional information

RNS Number : 7818L

Intelligent Ultrasound Group PLC

15 September 2021

15 September 2021

Intelligent Ultrasound Group plc

("IUG" or the "Company" or the "Group")

Directorate Change

Appointment of Michele Lesieur to Board

Intelligent Ultrasound Group plc (AIM: IUG), the ultrasound artificial intelligence (AI) software and simulation company, announces that Michele Lesieur will be joining the Board as a Non-executive Director with effect from 20 September 2021.

Michele brings to the Company outstanding industry, corporate governance, and investor relations experience, having been CEO of Philips France and General Manager of Philips Healthcare France and most recently CEO of Euronext listed Supersonic Imagine, that was sold to Hologic in 2019 and Non-executive Director of EOS Imaging, a listed software medtech company, sold to Nasdaq listed Alphatec Holdings, Inc in 2021.

Michele remains Chairman of the Board of Intrasense, a listed software medtech company and Non-executive Director of Prodways Group, a listed 3D printing company.

Riccardo Pigliucci, Chairman of Intelligent Ultrasounds Group plc said: "I am delighted that Michele has chosen to join Intelligent Ultrasound as a Non-executive Director. She was an exceptional candidate for the position, with outstanding commercial experience in the medical imaging sector and her wealth of knowledge and understanding of the major imaging manufacturers can only benefit the Group, as we continue to expand our classroom to the clinic ultrasound business."

The following details in relation to the appointment of Michele Jeanine Lesieur (formerly Lucas), aged 61, are disclosed in accordance with Schedule 2(g) of the AIM Rules:

Current directorships Directorships held within the last five years
Intrasense SA Supersonic Imagine SA
Prodways Group SA SuperSonic Imagine Inc
SuperSonic Imagine Ltd
SuperSonic Imagine Gmbh
SuperSonic Imagine Srl
SuperSonic Imagine HK Ltd
SuperSonic Imagine (Shangai) Medical Devices Co. Ltd
EOS Imaging SA

For further information, please contact:

Intelligent Ultrasound Group plc www. intelligentultrasound.com
Stuart Gall, CEO 

Helen Jones, CFO
Tel: +44 (0)29 2075 6534
Cenkos Securities - Nominated Advisor and Broker Tel:  +44 (0)20 7397 8900
Giles Balleny / Max Gould (Corporate Finance)
Dale Bellis / Julian Morse (Sales)
Walbrook PR Tel: +44 (0)20 7933 8780 or [email protected]
Anna Dunphy / Paul McManus Mob: +44 (0)7876 741 001 / Mob: +44 (0)7980 541 893

About Intelligent Ultrasound Group

Intelligent Ultrasound (AIM: IUG) develops artificial intelligence-based clinical image analysis software tools for the diagnostic medical ultrasound market and hi-fidelity virtual reality simulators for the ultrasound training market. Based in Cardiff in the UK and Atlanta in the US, the Group operates two divisions:

Clinical AI Division

Focusses on developing deep learning-based algorithms to make ultrasound machines smarter and more accessible. Products in the market include:

ScanNav Assist

ScanNav Assist uses machine-learning based algorithms to automatically identify and grade ultrasound images. GE Healthcare's SonoLyst software on their Voluson SWIFT ultrasound machine incorporates the ScanNav Assist AI technology and has received CE and FDA regulatory approval. SonoLyst is the world's first fully integrated AI tool that recognises the 20 views recommended by the International Society of Ultrasound in Obstetrics and Gynaecology mid-trimester practice guidelines for fetal imaging.

ScanNav Anatomy

ScanNav Anatomy PNB uses machine-learning based algorithms to simplify ultrasound-guided needling by providing the user with real-time AI-based anatomy highlighting software for a range of medical procedures. ScanNav Anatomy has received CE approval and has also been submitted for FDA regulatory approval.

ScanNav Anatomy PNB is therefore not available for sale in the US or any other territory requiring government approval for this type of product.

Simulation Division 

Focusses on hi-fidelity ultrasound education and training through simulation.  Its main products are the ScanTrainer OBGYN training simulator, the HeartWorks echocardiography training simulator, the BodyWorks Eve Point of Care and Emergency Medicine training simulator with Covid module and the new AI-based Anatomy PNB training simulator. To date over 1,000 simulators have been sold to over 600 medical institutions around the world.

www.intelligentultrasound.com

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