Newsroom | The Exchange Welcomes
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Image Scan Holdings to AIM - 25 April 2002
We are pleased to welcome Image Scan Holdings onto our AIMTM market today. They are a company that innovate imaging techniques and the subsequent interpretation and understanding of the images and data they generate.
After 5 years of development, the group now offers a range of products which provide multi-view 3D X-ray imaging capability in real-time. This technology is divided into a three-tier process of image capture, analysis and presentation.
In the short to medium term the group intends to generate revenue from the security and industrial sectors and in the long term possibly from the medical sector. The group acts as a holding company with the market segment for each principal application being addressed by a separate, wholly owned subsidiary company: security - Baggage Scan, industrial inspection - Industrial Scanning Inspection Systems and medical - MediScan.
The group intends to generate revenue from 3 primary sources: the licensing of technology and software, the supply of specialised components and the supply of contract services.
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Placing Statistics:
Issue price - 65p
Number of fully paid ordinary shares currently in issue - 15,100,203
Number of new ordinary shares subject to the open offer - 513,340
Number of new ordinary shares subject to the placing - 1,150,000
Number of ordinary shares in issue following the placing and open offer - 16,250,203
Market capitalisation at the issue price following the placing and open offer - 10,562,631
Estimated net proceeds of the placing and open offer - 592,500
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