Image Scan Holdings Plc

Equities

IGE

GB0031410581

Advanced Medical Equipment & Technology

Market Closed - London S.E. Other stock markets 11:35:27 2024-04-26 am EDT			5-day change	1st Jan Change
1.2 ^GBX	0.00%		0.00%	-29.41%

Mar. 12	Image Scan launches AI software into AXIS-CXi cabinet X-ray	AN
Mar. 12	Image Scan Holdings Plc Launches AXIS-CXi Cabinet with AI Software	CI

Image Scan launches AI software into AXIS-CXi cabinet X-ray

March 12, 2024 at 07:38 am EDT

Image Scan Holdings PLC - Loughborough, England-based x-ray screen system supplier - Launches advanced artificial intelligence software integrated into its AXIS-CXi cabinet X-ray system. Says key features of the AXIS-CXi Cabinet X-ray system with the AI software include the employment of algorithms to identify and analyse potential threats with an "enhanced level of precision and confidence." Adds that the system streamlines mail screening processes, which ensures a rapid examination of incoming mail for any suspicious items.

Chief Executive Officer Vincent Deery says: "Our commitment to advancing security technologies has led us to this superb development. The introduction of AI software into our AXIS-CXi cabinet X-ray system reaffirms our dedication to providing state-of-the-art solutions that prioritise safety and efficiency. [The] Image Scans Axis-CXi system is the first cabinet-style mail screening X-ray system to offer this functionality".

Current stock price: 1.47 pence, up 28% on Tuesday

12-month change: down 14%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Image Scan Holdings Plc

Image Scan launches AI software into AXIS-CXi cabinet X-ray	Mar. 12	AN
Image Scan Holdings Plc Launches AXIS-CXi Cabinet with AI Software	Mar. 12	CI
AB Dynamics trades in line; Verditek sells solar arm	Feb. 28	AN
AIM WINNERS & LOSERS: Image Scan falls on slower start to 2024	Feb. 28	AN
Image Scan swings to profit as revenue rises in "tireless" year	Dec. 12	AN
Earnings Flash (IGE.L) IMAGE SCAN HOLDINGS Reports FY23 Revenue GBP3M	Dec. 12	MT
Image Scan Holdings Plc Reports Earnings Results for the Full Year Ended September 30, 2023	Dec. 12	CI
Earnings Flash (IGE.L) IMAGE SCAN HOLDINGS Reports FY23 EPS GBX0.09	Dec. 12	MT
FTSE 100 Rebounds, Closes at More Than One-Week High	23-10-10	DJ
Stocks push higher as rate rise fears ebb	23-10-10	AN
Image Scan shares rise thanks to revenue and profit guidance	23-10-10	AN
AIM WINNERS & LOSERS: Image Scan up on expected swing to profit	23-10-10	AN
Image Scan Holdings plc Provides Revenue Guidance for the Fiscal Year 2023	23-10-10	CI
Image Scan orders reach 30 different countries	23-09-11	AN
Inteliqo celebrates "pivotal" quarter, prepares for Langaroo launch	23-08-25	AN
FTSE 100 Closes Down 0.5% Amid Outlook Concerns	23-04-26	DJ
Sterling Could Extend Gains Vs Dollar on Improved Rate Differential	23-04-26	DJ
UK Builders Rise After Persimmon Flags Upbeat Trading	23-04-26	DJ
FTSE 100 Falls as Traders Digest Earnings	23-04-26	DJ
Prospect of UK Fiscal Stimulus Could Boost Pound in Coming Months	23-04-26	DJ
Image Scan half-year revenue surges 85%; swings to profit	23-04-26	AN
AIM WINNERS & LOSERS: Capital Metals drops as licenses stay suspended	23-04-26	AN
Earnings Flash (IGE.L) IMAGE SCAN HOLDINGS Posts H1 Revenue GBP1.5M	23-04-26	MT
Image Scan Holdings Plc Provides Earnings Guidance for the Year 2023	23-04-26	CI
Richard Leaver Intends to Resign as Vice Chairman and to Leave the Board of Image Scan Holdings plc	23-04-26	CI

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Company Profile

Image Scan Holdings plc is a United Kingdom-based company that is engaged in the development, manufacturing, sale and support of X-ray inspection systems for security, counter terrorism, and industrial applications. The Companyâs customers include police, military, security services, bomb disposal teams, prisons, ports, airports, cargo handlers, freight forwarders, mail rooms and stadia and events operators. The Company has developed and manufactured an industrial X-ray inspection system, the MDXi range. The primary market for these systems is in automotive emissions control, where they are used for quality control inspection of catalytic converters and diesel particulate filters. The Company, through its subsidiary, 3DX-RAY Limited, supplies a range of portable, rapid deployment and static security solutions to the security sector worldwide, including governments and private security organizations. Its industrial range includes production in-line, batch and laboratory systems.

Sector

Advanced Medical Equipment & Technology

Calendar

2024-12-02 - Q4 2024 Earnings Release (Projected)

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