Appointment of Ingeborg Øie to Board

RNS Number : 0651Z

Intelligent Ultrasound Group PLC

19 May 2021

 

Intelligent Ultrasound Group plc

("IUG" or the "Company")

Appointment of Ingeborg Øie to Board

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
Stuart Gall, CEO  Helen Jones, CFO			Tel: [phone]
Cenkos Securities - Nominated Advisor and Broker				Tel:  [phone]
Giles Balleny / Max Gould (Corporate Finance)
Dale Bellis / Julian Morse (Sales)
Walbrook PR	Tel: [phone] or [e-mail]
Anna Dunphy / Paul McManus		Mob: [phone] / Mob: [phone]

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 anatomy highlighting software 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 the ScanTrainer OBGYN training simulator, the HeartWorks echocardiography training simulator, the BodyWorks Eve Point of Care and Emergency Medicine training simulator with Covid module and the new AI-based Anatomy PNB training simulator. To date over 1,000 simulators have been sold to over 600 medical institutions around the world.

www.intelligentultrasound.com

 

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