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Intelligent Ultrasnd - AGM Statement

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RNS Number : 6895P  Intelligent Ultrasound Group PLC  22 June 2022

Intelligent Ultrasound Group plc

("Intelligent Ultrasound" or the "Group" or the "Company")

 

AGM statement

 

Intelligent Ultrasound Group plc (AIM: IUG), the 'classroom to clinic'
ultrasound company, specialising in artificial intelligence (AI) software and
simulation, announces that at the AGM due to be held today at 11:00am at the
offices of Memery Crystal, 165 Fleet Street, London EC4A 2DY, Non-Executive
Chairman Riccardo Pigliucci will make the following statement:

 

"As noted at the publication of our full year results, we have had a strong
start to 2022 and we continue to be confident in the upgraded market
expectations for the full year 2022 revenue. We remain excited about the
potential of our 'Classroom to Clinic' business."

 

The full voting results will be available on the website later today.

 

For further information, please contact:

 

 Intelligent Ultrasound Group plc                www. intelligentultrasound.com (http://intelligentultrasound.com/)
 Stuart Gall, CEO                                Tel: +44 (0)29 2075 6534

 Helen Jones, CFO

 Cenkos Securities - Nominated Advisor and Broker
 Giles Balleny/Max Gould (Corporate Finance)                        Tel:  +44 (0)20 7397 8900
 Michael Johnson/Julian Morse (Sales)

 Walbrook PR     Tel: +44 (0)20 7933 8780 or intelligentultrasound@walbrookpr.com
                 (mailto:intelligentultrasound@walbrookpr.com)
 Anna Dunphy/Paul McManus                        Mob: +44 (0)7876 741 001 / Mob: +44 (0)7980 541 893

 

About Intelligent Ultrasound Group

 

Intelligent Ultrasound (AIM: IUG) is one of the world's leading 'classroom to
clinic' ultrasound companies, specialising in real-time hi-fidelity virtual
reality simulation for the ultrasound training market ('classroom') and
artificial intelligence-based clinical image analysis software tools for the
diagnostic medical ultrasound market ('clinic'). Based in Cardiff in
the UK and Atlanta in the US, the Group has two revenue streams:

 

Simulation

 

Real-time hi-fidelity ultrasound education and training through simulation.
Our main products are the ScanTrainer obstetrics and gynaecology training
simulator, the HeartWorks echocardiography training simulator,
the BodyWorks Eve Point of Care and Emergency Medicine training simulator
with Covid-19 module and the new BabyWorks Neonate and Paediatric training
simulator. To date over 1,350 simulators have been sold to over 650 medical
institutions around the world.

 

Clinical AI software

 

Deep learning-based algorithms to make ultrasound machines smarter and more
accessible using our proprietary ScanNav ultrasound image analysis technology.
Current products on the market utilising this technology are GE
Healthcare's SonoLyst software that is incorporated in their Voluson SWIFT
ultrasound machine; ScanNav Anatomy PNB that simplifies ultrasound-guided
needling by providing the user with real-time AI-based anatomy highlighting
for a range of medical procedures; and NeedleTrainer that teaches real-time
ultrasound-guided needling and incorporates ScanNav Anatomy PNB.

 

www.intelligentultrasound.com (http://www.intelligentultrasound.com/)

 

NOTE: ScanNav Anatomy PNB is CE approved, but not yet available for sale in
the US or any other territory requiring government approval for this type of
product.

 

 

 

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