Business
Supply Agreement
Supply Agreement.
About this update from Image Scan Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 7859M Image Scan Holdings PLC 21 July 2014 \n \n\n21 July 2014\n \nIMAGE SCAN HOLDINGS PLC\n \n(\"Image Scan\" or the \"Company\")\n \n(AIM: IGE)\n \nExclusive Supply Agreement Signed with Leading Global Provider of X-ray Inspection Solutions\n \nImage 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 signed an exclusive supply agreement with a leading global provider of x-ray inspection solutions based in the US. Under the terms of the Agreement, Image Scan will be supplied with a specially designed, portable x-ray generator, which is a significant component in the Company's FlatScan product range which is offered to bomb disposal and counter-terrorism customers throughout the world. The Agreement provides Image Scan with exclusive rights to market the product in the security sector.\n \nThe new generator has been designed and manufactured to the specific requirements of the portable market where Image Scan has established a strong market presence. The engineering teams from both companies have worked in close collaboration to create a more robust, smaller and lighter product, with a better form factor. \n \nCommenting on the Agreement, Bill Mawer, Chairman and CEO of Image Scan said: \"This agreement is a significant step in the planned modernisation and expansion of our portable x-ray offering. We are excited to be working with such a well-respected manufacturer in the x-ray field. The new generator has been designed using their considerable x-ray expertise and Image Scan's knowledge of the portable x-ray market. It incorporates significant improvements in performance and reliability over the unit it replaces.\n \n\"We anticipate that the improved generator will allow us to access new markets, including those in North America, which are key for our future growth. We plan further product launches in this area including new x-ray detector panels and enhanced software.\"\n \n-ENDS-\n \nFor further information, please contact:\n \nImage Scan Holdings plc &...