Contract Award
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This is a Reach (i.e. non-regulatory) announcement and the information contained is not considered to be material or to have a significant impact on management's expectations of the Company's performance.
IMAGE SCAN HOLDINGS PLC
("Image Scan" or the "Company")
Image Scan Holdings Secures First Major ClanTect Contract Following Acquisition
Image Scan Holdings plc (AIM: IGE), the specialist provider of X-ray screening and security inspection technologies, is pleased to announce that ClanTect Limited (“ClanTect”), recently acquired by the Group, has secured its first significant contract since joining Image Scan.
The contract is for the supply of six ClanTect human presence detection (HPDS) systems for use in state border security operations in Eurasia.
This award represents an important early validation of the strategic rationale for the acquisition. It demonstrates the opportunity created by combining ClanTect’s proven human presence detection technology with the Group’s established international sales channels, partner network and security-sector expertise.
ClanTect broadens the Group’s offering into an adjacent and complementary area of security detection. While 3DX-Ray’s established portfolio supports X-ray inspection across security, defence and industrial applications, ClanTect is designed to detect people concealed within vehicles, trucks and trailers using highly sensitive vibration sensing and proprietary signal-processing technology.
The latest ClanTect HPDS system incorporates wireless sensor technology, enabling more than one vehicle to be screened at the same time and supporting increased throughput at border checkpoints, ports and other security-critical locations.
Vincent Deery, Chief Executive Officer of Image Scan, commented:
“This is an important milestone for ClanTect and an encouraging early demonstration of the strategic benefit of bringing the business into the Image Scan Group. The contract shows how ClanTect’s differentiated human presence detection capability can benefit from being part of Image Scan
“The acquisition has broadened our security technology portfolio into a highly complementary area and gives the Group access to additional opportunities across border security, prisons and critical infrastructure. At the same time, our core operations continue to provide the commercial, technical and support platform from which we can develop these opportunities in a disciplined way.
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
-ENDS-
Image Scan Holdings plc Tel: +44 (0) 1509 817400
Vincent Deery CEO
Sarah Atwell-King, CFO & Company Secretary
ABOUT IMAGE SCAN HOLDINGS PLC
About Image Scan Holdings plc
Image Scan Holdings plc is a UK-based technology group specialising in security, defence and industrial X-ray imaging and sensing solutions. Through its 3DX-Ray brand, the Group designs, manufactures and supplies X-ray inspection systems used worldwide by military, law enforcement, bomb disposal and security organisations to detect threats and support counter-terrorism operations.
Following the acquisition of ClanTect Ltd, the Group has expanded its technology portfolio to include human presence detection systems. ClanTect's products are deployed at secure facilities, critical infrastructure sites and border crossings to detect concealed individuals within vehicles and enhance perimeter security.
All these products are taken to market across the world through a strong network of international partners.
In addition, Image Scan manufactures industrial X-ray inspection systems. The primary market for these systems is in automotive emissions control where they are used for quality control inspection of catalytic converters and diesel particulate filters.
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
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