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FDBK Feedback Plc

97.50
0.00 (0.00%)
Last Updated: 07:36:53
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Feedback Plc LSE:FDBK London Ordinary Share GB00BJN59X09 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 97.50 95.00 100.00 97.50 97.50 97.50 4,188 07:36:53
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electronic Computers 1.03M -2.92M -0.2188 -4.46 13M

Feedback PLC Trading Update (4565K)

21/09/2016 12:30pm

UK Regulatory


Feedback (LSE:FDBK)
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TIDMFDBK

RNS Number : 4565K

Feedback PLC

21 September 2016

21 September, 2016

Feedback plc

("Feedback" or the "Company")

Trading Update

Feedback plc (AIM: FDBK), the medical imaging software company, is pleased to announce an update on current trading.

The Company has made good progress in conjunction with Alliance Medical on a technical solution that would allow the integration of TexRAD into Alliance's network of PET/CT scanners in UK hospitals and a prototype version has already been demonstrated to potential users. The next steps will include applying for a CE mark for a medical device which provides analysis of lung PET/CT images with added prognostication through TexRAD.

The number of new purchase orders received for TexRAD research versions has increased significantly in recent months leading to expectations of a much improved cash inflow over the next few months. However this follows a period of about 12 months where sales of research versions were at a lower level and mainly to existing customers. We are now assessing whether the present high level of sales can be continued with additional sales support.

Our final results for the financial year ended 31st May 2016 are scheduled to be announced in October 2016. These are expected to show turnover significantly ahead of the previous year and a substantially reduced operating loss.

For further information contact:

 
 Feedback plc                         Tel: 01954 
  Alastair Riddell                     718072 
 Allenby Capital Limited (Nominated   Tel: 020 3328 
  Adviser and Joint Broker)            5656 
  David Worlidge / James Thomas 
 Peterhouse Corporate Finance         Tel: 020 7469 
  Ltd (Joint Broker)                   0936 
  Lucy Williams / Duncan Vasey 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

September 21, 2016 07:30 ET (11:30 GMT)

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