REG - Image Scan Holdings - Contract award worth over £350k

Image Scan HoldingsAnnouncement

12/06/2024 07:00

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RNS Number : 0249S  Image Scan Holdings PLC  12 June 2024

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

 

IMAGE SCAN HOLDINGS PLC

("Image Scan" or the "Company")

Contract award worth over £350k

Image Scan (AIM: IGE),  the specialist supplier of X-ray screening systems
for security and industrial inspection, is delighted to announce it has won a
contract worth more than £350k scheduled for delivery in H2 FY24.

The contract is for the supply of a significant quantity of ThreatScan®-LSC
Systems to a military customer for use by their Explosive Ordinance Disposal
("EOD") units currently engaged on active service.

This contract is in line with the Company's expectations for the year ended 30
September 2024.

Vince Deery, CEO of Image Scan, commented: "We are delighted with this
contract because, as a long-standing repeat customer operating in the harshest
conditions, it represents faith in our company, products, and service"

"Also from a business perspective, the contract ensures we maintain our recent
successes and remain on track to meet our financial expectations."

For further information on the Company, please visit: www.ish.co.uk
(http://www.ish.co.uk/)  and for further information on its products, please
visit: www.3dx-ray.com (http://www.3dx-ray.com/)

 

-ENDS-

 

Image Scan Holdings plc
                            Tel: +44 (0) 1509 817400

Vincent Deery CEO

Sarah Atwell-King, CFO & Company Secretary

 

 

WH Ireland Limited - Nominated Advisor and Corporate Broker     Tel: +44
(0) 207 220 1666

Mike Coe/Sarah Mather (Corporate Finance)

 

ABOUT IMAGE SCAN HOLDINGS PLC

The core activity of the Group is the manufacture of portable X-ray systems
for security and counter terrorism applications. The Group recently launched a
cabinet X-ray machine and is replacing its Axis range of checkpoint X-ray
systems with new machines developed with a partner. All these products are
taken to market across the world through a strong network of international
partners.

 

In addition, over the last sixteen years, Image Scan has developed and
manufactured industrial X-ray inspection systems, the MDXi range. The primary
market for these systems is in automotive emissions control where they are
used for quality control inspection of catalytic converters and diesel
particulate filters.

 

The visibility and reach of the Company's 3DX-Ray brand has been further
strengthened through a new LinkedIn profile focussed on its EOD and
counter-terrorism activities. This can be found at:
 https://www.linkedin.com/company/3dx-ray/
(https://www.linkedin.com/company/3dx-ray/)
(https://www.linkedin.com/company/3dx-ray/)

 

 ABOUT 3DX-RAY

The 3DX-RAY Threat Scan®-LSC is a portable x-ray inspection system that
includes two panels: the large format LS1 panel and the compact LS3 panel.

The LS1 panel has a large imaging area of 600mm x 460mm to scan typical bags
and packages in one scan, yet is lightweight and thin.

The LS3 panel is more compact with an imaging area of 305mm x 256mm, for use
where access to suspect packages is limited or under vans, for example.

This combination system is both flexible in deployment configurations and
powerful with the ability to penetrate steel up to 40mm at 120kV. It also
produces high quality, sub-millimetre resolution images. These systems are
ideal for the military EOD community as well as border agencies, police and
security services.

 

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