logo-loader
RNS
viewImage Scan Holdings Plc

Partnership Agreement For Brazilian Security Mkt

/**/ h2{margin-top:12.0pt;margin-right:0cm;margin-bottom:3.0pt;margin-left:0cm;font-size:14.0pt;font-family:"Arial","sans-serif";font-weight:bold;font-div:italic;}h3{margin-top:12.0pt;margin-right:0cm;margin-bottom:3.0pt;margin-left:0cm;font-size:13.0pt;font-family:"Arial","sans-serif";font-weight:bold;}p{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Arial Unicode MS","serif";}ol{margin-bottom:0cm;}ul{margin-bottom:0cm;}link{ color: blue }visited{ color: purple } .aa{size:612.0pt 792.0pt;margin:72.0pt 90.0pt 72.0pt 90.0pt;}div.aa{}span.i{font-family:"Courier New";color:black;}span.ba{font-size:11.0pt;font-family:"Calibri","sans-serif"; font-weight:normal}p.a,li.a,div.a{margin:0cm;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";}p.bc{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Courier New";text-align:center}span.az{font-size:11.0pt;font-family:"Calibri","sans-serif"}p.bd{margin:0cm;margin-bottom:.0001pt;font-size:10.0pt;font-family:"Courier New";font-weight: bold; text-align: center}span.au{font-size:11.0pt;font-family:"Calibri","sans-serif"; color:black}p.be{margin:0cm;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";font-weight: bold; text-align: center} span.at{font-size:11.0pt;font-family:"Calibri","sans-serif";color:black}p.bf{margin:0cm;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";margin-bottom:15.0pt;text-align:justify;vertical-align:baseline}span.ar{font-size:11.0pt;font-family:"Calibri","sans-serif"; color:#333333}span.ap{font-size:11.0pt; font-family:"Calibri","sans-serif";color:#333333}span.ao{font-size:11.0pt;font-family:"Calibri","sans-serif";color:#333333}p.bg{margin:0cm;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:justify}span.an{font-size:11.0pt; font-family:"Calibri","sans-serif"}p.bh{margin:0cm;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";font-div: italic; text-align: justify}p.bi{margin:0cm;margin-bottom:.0001pt;text-align:justify;font-size:12.0pt;font-family:"Times New Roman","serif";color:black;font-weight: bold; text-align: center}p.aj{margin:0cm;margin-bottom:.0001pt} span.ak{font-size:11.0pt; font-family:"Calibri","sans-serif";color:black}p.ai{margin: 0cm; margin-bottom: .0001pt; text-align: right}span.ah{font-size:11.0pt;font-family: "Calibri","sans-serif"}span.ag{font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight:normal}p.bj{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0cm;margin-bottom:.0001pt;text-align:justify}span.bk{font-weight: bold}span.bl{color: black; font-family: "Calibri","sans-serif"; font-size: 11.0pt; font-weight: bold}span.ac{color:black}span.ab{font-family:"Calibri","sans-serif"; color:black} /**/
RNS Number : 9068P
Image Scan Holdings PLC
01 June 2018
 

1 June 2018

RNS reach

 

 

Image Scan Holdings plc

("Image Scan" or the "Company")

 

 

NEW PARTNERSHIP AGREEMENT FOR BRAZILIAN SECURITY MARKET

 

The Board of Image Scan, manufacturers of X-ray imaging systems for the Security and Industrial Inspection markets, is pleased to report that it has signed an initial two-year partnership agreement (the "Agreement") with VMI SISTEMAS DE SEGURANÇA LTDA. ("VMI") to distribute Image Scan's portable X-ray security product range throughout Brazil and Latin America (together, the "Territories"). Pursuant to the Agreement, VMI will be responsible for distribution, local support and servicing of the Company's products across the Territories.

VMI, based near Belo Horizonte MG, (http://vmisecurity.com/) has extensive experience of the security markets in Brazil and Latin America and is the leading indigenous x-ray manufacturer in the region. VMI was formed in 1985 and has a turnover of approximately $40m USD employing over 400 staff.

The Agreement demonstrates Image Scan's focus on enhancing its sales and marketing presence in key strategic areas and expanding its geographical reach.

Commenting on the Agreement, Otavio Moraes, President and the son of the founder of VMI Group said, "Image Scan's range of portable X-ray products will be positioned in a number of sectors where we have a strong position and excellent end user relationships. With our strong relationships within the private and public sectors in Brazil and Latin America and Image Scan's portable product range, we fully expect to be successful in introducing its products to these markets."

Image Scan's Executive Chairman, Bill Mawer said "VMI has a large installed base of its own manufactured static x-ray systems and the Image Scan portable product range offers a complimentary offering to the existing and growing VMI user base. VMI combines the market presence and technical knowledge we need to drive rapid take up of the new portable X-ray products that have been launched from our product development programme."

 

 

 

-ENDS-

 

For further information, please contact:

 

Image Scan Holdings plc                                                               Tel: +44 (0) 1509 817400

William Mawer, Chairman

Sarah Atwell-King, Company Secretary

[email protected]

 

Cantor Fitzgerald Europe                                                             Tel: +44 (0) 207 894 7000

Rick Thompson / David Foreman (Corporate Finance)

Alex Pollen / Caspar Shand Kydd (Sales)

 

About Image Scan Holdings plc

Image Scan Holdings plc (AIM: IGE) is focused on the development and commercialisation of market leading real-time X-ray solutions for use in the global Security and Industrial inspection markets.  The Company's Security portfolio includes the ThreatScan® range of portable bomb and suspect package detection systems; the Axis range of baggage inspection systems; and SVXi, a small vehicle inspection system.  The Industrial inspection solutions include the MDXi product range, cabinet X-ray systems for laboratories and production lines.  The Company was founded in 1996 and joined AIM in 2002.

 

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

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
NRAZMGFKKMGGRZM

Quick facts: Image Scan Holdings Plc

Price: 2.01

Market: AIM
Market Cap: £2.74 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE