Intelligent Ultrasnd - Directorate Change
15/08/2022 07:00
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RNS Number : 9388V Intelligent Ultrasound Group PLC 15 August 2022
15 August 2022
Intelligent Ultrasound Group plc
("IUG" or the "Company")
Director changes
Intelligent Ultrasound Group plc (AIM: IUG), the 'classroom to clinic'
ultrasound company, specialising in artificial intelligence (AI) software and
simulation, announces the appointment of Christian Guttmann as a Non-executive
Director to its Board of Directors, effective from 15 August 2022. Concurrent
with this appointment, Andrew Barker, who has been a Non-executive Director
since 2017, has announced his intention to retire from the Board as of 31
December 2022.
Dr Guttmann is a recognised leader in shaping the global agenda on AI
regulation and standards, as well as having outstanding AI research,
development and AI commercialisation experience. He has edited and authored
seven books, over 50 publications and has three patents in the field of AI.
Christian is currently an Executive Director of the Nordic Artificial
Intelligence Institute (NAII) and Vice President and Global Head of Artificial
Intelligence and Data at TietoEVRY in Sweden. He has built over 100 novel AI
systems and products and has been an organiser / steering committee member at
major AI conferences. As a founder of the Nordic AI Institute, he advises
governments, thinktanks and businesses around the world.
Christian will join the Audit and Risk Committee, effective with his
appointment. Andrew will continue as Chair of the Remuneration Committee until
31 December 2022, after which Michele Lesieur will take over Chair of the
committee.
Riccardo Pigliucci, Chairman of Intelligent Ultrasound said: "I am delighted
that Christian has agreed to join Intelligent Ultrasound as a Non-executive
Director. He was an outstanding candidate for the position and his expertise
and passion for shaping the future of AI will be a major benefit to the
Company as we continue to expand our classroom to the clinic ultrasound
business. Christian's vast experience and knowledge of the industry is second
to none, and his credentials speak for themselves. He will be an invaluable
asset to our Board and we look forward to capitalising on his skillset.
"Separately, I also would like to thank Andrew for his invaluable contribution
for the past five years and wish him continued success in his personal and
business endeavours."
The following details in relation to the appointment of Christian Guttmann,
aged 46, are disclosed in accordance with Schedule 2(g) of the AIM Rules:
Current directorships Directorships held within the last five years
Nordic Artificial Intelligence Institute AB Health Essentials Nordic AB
Nordic AI Institute AB
For further information, please contact:
Intelligent Ultrasound Group plc www. intelligentultrasound.com
Stuart Gall, CEO Tel: +44 (0)29 2075 6534
Helen Jones, CFO
Cenkos Securities - Nominated Advisor and Broker Tel: +44 (0)20 7397 8900
Giles Balleny / Max Gould (Corporate Finance)
Dale Bellis / Julian Morse (Sales)
Walbrook PR Tel: +44 (0)20 7933 8780 or intelligentultrasound@walbrookpr.com
Anna Dunphy Mob: +44 (0)7876 741 001
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 1,400 simulators have been sold to c. 700 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 Expert
22 and SWIFT ultrasound machines; 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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