RCS - Image Scan Holdings - New Industrial Customer

Image Scan HoldingsAnnouncement

03/03/2022 07:00

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RNS Number : 4316D  Image Scan Holdings PLC  03 March 2022

REACH - This is a non-regulatory announcement.

3 March 2022

 

IMAGE SCAN HOLDINGS PLC

("Image Scan" or the "Company")

 

 

NEW INDUSTRIAL CUSTOMER

 

Image Scan (AIM: IGE), specialists in the field of X-ray imaging for the
security and industrial inspection markets, announces the award of a contract
to supply an industrial scanning system to a new customer.

 

Image Scan's MDXi precision X-Ray systems are used to inspect automotive
catalytic converters and diesel particulate filters in the manufacturing
process. It has over fifty units in service around the world and generates
valuable service revenue from this installed base.

 

The new customer is a significant player in this market, with a global
manufacturing footprint. There is potential, over the next few years, for
further orders, should the widescale deployment seen with Image Scan's other
customers be adopted by this new one.

 

The unit will be built alongside an identical system recently ordered by a
long-established customer.

 

Bill Mawer, Executive Chairman of Image Scan commented: "I am delighted that
we have added a new customer for this important product range. As the global
use of petrol and diesel engines flattens out, increasing our penetration of
the market that remains will allow us to maintain the valuable contribution of
our industrial sales and service business. To bring a new customer on under
pandemic travel restrictions, without the benefit of face-to-face
presentations or demonstrations, is a great achievement."

 

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/)

 

 Enquiries:
 Image Scan Holdings plc                                     Tel: +44 (0) 1509 817 400

 William Mawer, Executive Chairman                           ir@ish.co.uk (mailto:info@ish.co.uk)

 Sarah Atwell King, Finance Director and Company Secretary

 

 

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