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IMAGE SCAN HOLDINGS PLC ANNOUNCES EXCLUSIVE DIS...
IMAGE SCAN HOLDINGS PLC ANNOUNCES EXCLUSIVE DIS....
About this update from Image Scan Holdings Plc
[{"type":"text","content":"\n Company Image Scan Holdings PLC\nTIDM IGE\nHeadline Exclusive Distribution agreement\nReleased 14 February 2006\nReference KeTech\n\n\n IMAGE SCAN HOLDINGS PLC ANNOUNCES EXCLUSIVE DISTRIBUTION AGREEMENT WITH KETECH\n DEFENCE\n\n For Advanced X-Ray Bomb and Suspect Package Detection\n\n\nImage Scan Holdings plc (AIM: IGE), a provider of advanced, real-time, multi-view, 3D and 2D x-ray imaging solutions for\nthe security and industrial inspection markets, today confirmed that it has signed an exclusive distribution agreement\nwith KeTech Defence, part of the KeTech group. The agreement extends\nover the UK, Saudi Arabia and Japan and covers Image Scan's new TPXi product.\n\nTPXi is a portable bomb and suspect package detection system and is based on the company's advanced x-ray imaging\ntechnology. Although it was only launched at Milipol, late last year, it has already achieved orders in excess of\n£170,000, including multiple units bought by the British Transport Police. As well as\nbeing lightweight and practical for use in the field, it offers substantial advantages to the operative. Its patented\ntechnology allows it to provide best-in-class image quality and it can highlight the difference between organic material\n(such as Semtex) and metal objects, (such as guns). It uses\nsophisticated image processing techniques to help the operator identify whatever is in a suspect package and its\nultra-slim detector slides in place easily, even in confined or narrow spaces.\n\nNicholas Fox, CEO of Image Scan Holdings plc commented:\n\"KeTech Defence is a highly regarded player in the international security community. Its impressive contacts and focused\nsales approach should open up the market to TPXi and ease our progress to profitability. We are also actively\nevaluating distributors in other geographical markets for both our security and our industrial product lines\".\n\nEddie Weir, KeTech's MD, added:\n \"KeTech are delighted to have secured the distribution rights for the TPXi, trademarked as Ex-Checker. We have been\nworking closely with Image Scan over the last year and believe that the TPXi/Ex-Checker unit is the most advanced\nproduct of its type available today. ImageScan's new product complements\nKeTech's existing product range and with our extensive experience of supply and support of products to both military and\nci...