Company Image Scan Holdings PLC
TIDM IGE
Headline Exclusive Distribution agreement
Released 14 February 2006
Reference KeTech
IMAGE SCAN HOLDINGS PLC ANNOUNCES EXCLUSIVE DISTRIBUTION AGREEMENT WITH KETECH
DEFENCE
For Advanced X-Ray Bomb and Suspect Package Detection
Image Scan Holdings plc (AIM: IGE), a provider of advanced, real-time, multi-view, 3D and 2D x-ray imaging solutions for
the security and industrial inspection markets, today confirmed that it has signed an exclusive distribution agreement
with KeTech Defence, part of the KeTech group. The agreement extends
over the UK, Saudi Arabia and Japan and covers Image Scan's new TPXi product.
TPXi is a portable bomb and suspect package detection system and is based on the company's advanced x-ray imaging
technology. Although it was only launched at Milipol, late last year, it has already achieved orders in excess of
£170,000, including multiple units bought by the British Transport Police. As well as
being lightweight and practical for use in the field, it offers substantial advantages to the operative. Its patented
technology allows it to provide best-in-class image quality and it can highlight the difference between organic material
(such as Semtex) and metal objects, (such as guns). It uses
sophisticated image processing techniques to help the operator identify whatever is in a suspect package and its
ultra-slim detector slides in place easily, even in confined or narrow spaces.
Nicholas Fox, CEO of Image Scan Holdings plc commented:
"KeTech Defence is a highly regarded player in the international security community. Its impressive contacts and focused
sales approach should open up the market to TPXi and ease our progress to profitability. We are also actively
evaluating distributors in other geographical markets for both our security and our industrial product lines".
Eddie Weir, KeTech's MD, added:
"KeTech are delighted to have secured the distribution rights for the TPXi, trademarked as Ex-Checker. We have been
working closely with Image Scan over the last year and believe that the TPXi/Ex-Checker unit is the most advanced
product of its type available today. ImageScan's new product complements
KeTech's existing product range and with our extensive experience of supply and support of products to both military and
civil customers we believe this is a true win/win situation. "
About Image Scan Holdings plc
Image Scan Holdings plc (AIM: IGE) is focused on the development and commercialisation of market leading real-time 3D
and 2D x-ray solutions for use in the global industrial and security inspection markets. The company's industrial
inspection solutions include the MDXI unit and the X-line systems. As well as the TPXi, the company's security portfolio
includes its unique 3D baggage inspection system which is marketed by Rapiscan Systems Ltd in the 3DSP and 3DLP product
lines.
For further information on the Company, please visit: www.ish.co.uk - and for
further information on its products, please visit: www.3dx-ray.com.
For further information, please contact:
Image Scan Holdings Tel: +44 (0) 1664 503 600
Nicholas Fox, CEO
The Palmer & Rose Partnership Tel: +44 (0) 1494 637 499
Gerry Palmer: gerry@palmer-rose.co.uk
END
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.