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MED Intelligent Ultrasound Group Plc

14.50
0.00 (0.00%)
09 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Intelligent Ultrasound Group Plc LSE:MED London Ordinary Share GB00BN791Q39 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 14.50 14.00 15.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Intelligent Ultrasound Group PLC AI technology incorporated into Voluson Expert 22 (0250T)

20/07/2022 7:00am

UK Regulatory


Intelligent Ultrasound (LSE:MED)
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From May 2022 to May 2024

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TIDMIUG

RNS Number : 0250T

Intelligent Ultrasound Group PLC

20 July 2022

Intelligent Ultrasound Group plc

("Intelligent Ultrasound" or the "Group" or the "Company")

AI technology incorporated into new GE Healthcare Voluson Expert 22 ultrasound system

Intelligent Ultrasound Group plc (AIM: IUG), the 'classroom to clinic' ultrasound company, specialising in artificial intelligence (AI) software and simulation, announces that GE Healthcare has incorporated the Company's ScanNav real-time AI technology into its new Voluson Expert 22 ultrasound machine.

The Voluson Expert 22 features SonoLyst, the world's first fully integrated AI tool that recognises the 21 views recommended by the International Society of Ultrasound in Obstetrics and Gynaecology mid-trimester practice guidelines for fetal imaging and incorporates Intelligent Ultrasound's ScanNav Assist AI technology.

This is the second machine in the Voluson portfolio to incorporate the ScanNav AI software as an option add-on.

Nicholas Sleep, CTO of Intelligent Ultrasound, said: "We are delighted to see our software incorporated into the Voluson Expert 22, one of the best obstetrics ultrasound machines in the women's healthcare market. It's a great example of how GE Healthcare leads the world in medical imaging.

"We look forward to continuing to work with the GE Healthcare team and remain very excited about our novel 'classroom-to-clinic' approach that is endeavouring to make clinical diagnostic ultrasound easier to learn and simpler to use."

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

For further information, please contact:

 
Intelligent Ultrasound Group                                          www. intelligentultrasound.com 
 plc 
Stuart Gall, CEO                                                            Tel: +44 (0)29 2075 6534 
 
Helen Jones, CFO 
 
 
Cenkos Securities - Nominated Advisor 
 and Broker 
Giles Balleny/Max Gould (Corporate                                          Tel: +44 (0)20 7397 8900 
 Finance) 
Michael Johnson/Julian Morse 
 (Sales) 
 
 
 
Walbrook PR                         Tel: +44 (0)20 7933 8780 or intelligentultrasound@walbrookpr.com 
Anna Dunphy/Paul McManus                  Mob: +44 (0)7876 741 001 / Mob: +44 
                                           (0)7980 541 893 
 
 
 

About Intelligent Ultrasound Group

Intelligent Ultrasound (AIM: IUG) is one of the world's leading 'classroom to clinic' ultrasound companies, specialising in real-time hi-fidelity virtual reality simulation for the ultrasound training market ('classroom') and artificial intelligence-based clinical image analysis software tools for the diagnostic medical ultrasound market ('clinic'). Based in Cardiff in the UK and Atlanta in the US, the Group has two revenue streams:

Simulation

Real-time hi-fidelity ultrasound education and training through simulation. Our main products are the ScanTrainer obstetrics and gynaecology training simulator, the HeartWorks echocardiography training simulator, the BodyWorks Eve Point of Care and Emergency Medicine training simulator with Covid-19 module and the new BabyWorks Neonate and Paediatric training simulator. To date over 1,400 simulators have been sold to c. 700 medical institutions around the world.

Clinical AI software

Deep learning-based algorithms to make ultrasound machines smarter and more accessible using our proprietary ScanNav ultrasound image analysis technology. Current products on the market utilising this technology are GE Healthcare's SonoLyst software that is incorporated in their Voluson Expert 22 and SWIFT ultrasound machines; ScanNav Anatomy PNB that simplifies ultrasound-guided needling by providing the user with real-time AI-based

anatomy   highlighting for a range of medical procedures; and NeedleTrainer that teaches real-time ultrasound-guided needling and incorporates ScanNav Anatomy PNB. 

www.intelligentultrasound.com

NOTE: ScanNav Anatomy PNB is CE approved, but not yet available for sale in the US or any other territory requiring government approval for this type of product.

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