AGM Statement

RNS Number : 2423M

Medaphor Group PLC

06 May 2015

 

6 May 2015

MedaPhor Group plc

("MedaPhor" or "the Group")

AGM Statement

At the Annual General Meeting (the "AGM") to be held at 10.30 a.m. today of MedaPhor Group plc (AIM:MED), the global provider of advanced ultrasound skills training simulators for medical professionals,  the Chairman, Riccardo Pigliucci, will make the following statement:

"The Board is pleased to confirm that the Group is currently trading in line with Board expectations.   

So far in the current year the Group has expanded the ScanTrainer radiology module range, increasing the number of patient cases by over 30% and allowing customers to assess students with a wider range of clinically relevant pathologies. ScanTrainer has also been translated into five additional languages (French, German, Spanish, Chinese Mandarin and Japanese).  ScanTrainer is now available in six of the world's most widely spoken languages and the addition of the new languages opens up the opportunity to extend ScanTrainer's reach to customers in some of the largest European and Asian markets. This continual innovation is expected to have a positive effect on the sales of the Group moving forward.

The year on year growth in sales achieved to date and the current visibility of potential orders give the Board confidence in the Group's prospects for the remainder of this year and beyond."

A copy of this announcement is available on the Group's website: www.medaphor.com

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Enquiries:

CEO, MedaPhor Group plc	Stuart Gall Tel: [phone]
Nominated Advisor, Cenkos	Bobbie Hilliam Tel: [phone]
Corporate Broking, Cenkos	Julian Morse Tel:  [phone]

About MedaPhor

MedaPhor (AIM:MED) is a global provider of advanced ultrasound skills training simulators for medical professionals. Founded in 2004, the company is headquartered in Cardiff, UK and San Diego, USA, with customers in over 16 countries across the world.

ScanTrainer, MedaPhor's cloud-based revolutionary ultrasound skills training simulator, offers a realistic ultrasound scanning learning experience that combines 'real-feel' haptic technology with real full anatomy patient scans, real-time one-to-one expert guidance and curriculum based teaching. The system offers trainees a flexible self-learning experience without the need for patients and with minimal requirement for expert supervision - making ScanTrainer both resource efficient and highly cost effective. 

 

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