Australia's Mach7 Technologies rises on signing new contracts

Mach7 Technologies

23/12/2024 24:40

** Shares of Mach7 Technologies  M7T.AX  rise as much as
7.6% to A$0.355, posting their biggest intraday pct gain since
Nov. 28
    ** Stock hits its highest level since Dec. 11
    ** Medical imaging systems provider signs new contracts
worth A$4.6 mln ($2.88 mln) 
    ** Says four hospitals associated with Adventist Health sign
5-year capital licence agreements to use co's PACS solution 
    ** PACS solution enables replacement of proprietary
departmental solutions with an enterprise-ready imaging platform
    ** Says received new sales order for Veterans Health
Administration (VHA) National Teleradiology Programme (NTP)
    ** VHA NTP is the Veterans Affairs' in-house teleradiology
service which has been providing 24/7 service to VHA facilities 
    ** Stock down 58.2% this year, as of last close

($1 = 1.5995 Australian dollars)

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com))