REG - Image Scan Holdings - Appointed global distributor for Serstech AB

Image Scan HoldingsAnnouncement

10/11/2021 13:20

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RNS Number : 9808R  Image Scan Holdings PLC  10 November 2021

10 November 2021

 

IMAGE SCAN HOLDINGS PLC

("Image Scan" or the "Company")

 

IMAGE SCAN APPOINTED GLOBAL DISTRIBUTOR FOR SERSTECH AB

 

Image Scan (AIM: IGE), specialists in the field of X-ray imaging for the
security and industrial inspection markets, has signed a global distribution
agreement with Serstech AB (SERT
(http://www.nasdaqomxnordic.com/aktier/microsite?Instrument=SSE96216&name=Serstech)
), a Swedish technology company working in the field of chemical analysis.

Under the agreement, Image Scan will market Serstech's range of highly
portable chemical analysers to bomb squads, hazardous material investigation
teams and customs organisations through its global distribution network. In
different scenarios, the technology is used to identify explosives, explosive
precursors, chemical spills, and illegal drugs. The chemical analysers can be
supplied as stand-alone items or integrated with an Image Scan portable X-ray
system to create a uniquely powerful capability for threat detection and
identification.

Serstech's products use a technology called Raman Spectroscopy to compare the
signature of a target substance against a library and can identify more than
14,000 different chemicals. The latest Arx handheld detector uses Serstech's
SharpEye(TM) focussing technology to differentiate between the chemical
signatures of the target substance and that of the container it is in,
allowing the substance to be identified rapidly and safely without removing it
from its container.

Serstech AB (SERT
(http://www.nasdaqomxnordic.com/aktier/microsite?Instrument=SSE96216&name=Serstech)
) has been listed on Nasdaq First North Stockholm since 2016.

Bill Mawer, Chairman and Chief Executive Officer of Image Scan commented: "I
am delighted to announce this new distribution agreement. Serstech and Image
Scan are both technology-driven companies with proven track records in
innovation and design. We look forward to introducing Serstech's chemical
analysers to our customer base and our network of international distributors.
The new agreement fits with our strategy of diversifying the Image Scan
product range through a combination of internal development and international
partnerships."

This announcement includes inside information as defined in Article 7 of the
Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the
Company's obligations under Article 17 of those Regulations.

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, Chairman and Chief Executive Officer         ir@ish.co.uk (mailto:info@ish.co.uk)

 Sarah Atwell King, Finance Director and Company Secretary
 W H Ireland - Nominated Adviser and Broker                  Tel: +44 (0) 117 945 3470

 Mike Coe/Sarah Mather (Corporate Finance)

 

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