Intelligent Ultrasound Group plc (AIM: IUG), the ultrasound artificial intelligence (AI) software and simulation company, announces that Ingeborg Øie has joined the Board as a Non-executive Director.

Ingeborg brings to the Company outstanding financial, corporate governance and investor relations experience, having been a medical devices and healthcare services analyst at Goldman Sachs and Jefferies and she is currently CFO of next-generation surgical robotics company, CMR Surgical. She was also a Non-executive Director of Georgia Healthcare Group, the largest healthcare services provider in Georgia, that prior to its acquisition by Georgia Capital Plc in 2020, was listed on the London Stock Exchange.

Ingeborg will join the Audit committee and newly formed ESG Working Group, effective with her appointment.

Riccardo Pigliucci, Chairman of Intelligent Ultrasound plc said:'I am delighted that Ingeborg has chosen to join Intelligent Ultrasound as a Non-executive Director. She was an outstanding candidate for the position and her experience and passion for impacting global health outcomes can only benefit the Group, as we continue to expand our business from the classroom to the clinic.'

The following details in relation to the appointment of Ingeborg Dybdal Oie, aged 37, are disclosed in accordance with Schedule 2(g) of the AIM Rules:

Current directorships

Directorships held within the last five years

CMR Surgical Limited

CMR Surgical Inc

CMR Surgical Srl

CMR Surgical GmbH

CMR Surgical SAS

CMR Surgical India Private Ltd

CMR Surgical Sp z.o.o.

CMR Surgical Brazil

CMR Surgical Chile SpA

CMR Surgical FZCO

CMR Surgical Spain, SL

Cambridge Medical Robotics Limited (dormant)

217-219 Well Street Ltd (dormant)

Georgia Healthcare Group Plc

Smith & Nephew Inc

For further information, please contact:

Intelligent Ultrasound Group plc

www. intelligentultrasound.com

Tel: +44 (0)29 2075 6534

Stuart Gall, CEO

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 orintelligentultrasound@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) develops artificial intelligence-based clinical image analysis software tools for the diagnostic medical ultrasound market and hi-fidelity virtual reality simulators for the ultrasound training market. Based in Cardiff in the UK and Atlanta in the US, the Group operates two divisions:

Clinical AI Division

Focusses on developing deep learning-based algorithms to make ultrasound machines smarter and more accessible. Products in the market include:

ScanNav Assist

ScanNav Assist uses machine-learning based algorithms to automatically identify and grade ultrasound images. GE Healthcare's SonoLyst software on their Voluson SWIFT ultrasound machine incorporates the ScanNav Assist AI technology and has received 510(k) clearance from the FDA for sale in the USA. SonoLyst is the world's first fully integrated AI tool that recognises the 20 views recommended by the International Society of Ultrasound in Obstetrics and Gynaecology mid-trimester practice guidelines for fetal imaging.

ScanNav Anatomy

ScanNav Anatomy PNB uses machine-learning based algorithms to simplify ultrasound-guided needling by providing the user with real-time AI-based anatomyhighlightingsoftware for a range of medical procedures.ScanNav Anatomy has received CE approval and has also been submitted for FDA regulatory approval.

ScanNav Anatomy PNB is therefore not available for sale in the US or any other territory requiring government approval for this type of product.

Simulation Division

Focusses on hi-fidelity ultrasound education and training through simulation. Its main products are theScanTrainer OBGYN training simulator, theHeartWorksechocardiography training simulator, theBodyWorksEvePoint of Care and Emergency Medicine training simulator with Covid module and the new AI-based Anatomy PNB training simulator. To dateover 1,000 simulators have been sold toover 600 medical institutions around the world.

www.intelligentultrasound.com

Attachments

  • Original document
  • Permalink

Disclaimer

IP Group plc published this content on 19 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 May 2021 08:33:01 UTC.