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[buystock] 21/12/2009 05:48

HomeContact usCookiesXCounter TechnologyAbout XCounterNewsInvestor InformationCareerDetector technology
Adding solid state detector to the product portfolio
Through the acquisition of AJAY Oy (see Acquisition of Oy AJAT Ltd) XCounter now adds a solid state detector to the product portfolio. The new additional technology enables XCounter to provide a high resolution photon counting area detector with fast readout which is very well suited for use in XCounter's low dose 3D imaging applications.



In addition to providing additional detector technology the acquisition of AJAT Oy also adds new application areas to XCounter's product range, for more information see

» Read more
Imaging technology
Superior 3D Imaging Technology
XCounter has developed groundbreaking technology for capturing digital X-ray images. This platform technology enables high resolution 3D imaging at low radiation dose to the patient.

» Watch tomosynthesis cine movie

» Read more
News»
14 dec 2009
Proposed placing of 47,033,827 new Ordinary Shares at 5 pence each
» Read more
14 dec 2009
XCounter's subsidiary signs major development agreement to supply innovative monitoring detectors to the energy industry
» Read more XCounter AB Svärdvägen 11, SE - 182 33 Danderyd, Sweden Tel: [phone], Fax: [phone] Email: [e-mail]

[buystock] 20/12/2009 17:15

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Register for full accessForgot password?Why FinlandServicesIndustriesCasesNewsAbout usDownloadsContact usLinksEventsNEWS ARCHIVE 2008News archive 2007Home > News > News 2009 > XCounter acquires Ajat
Swedish company acquires Finnish technology company Oy AJAT Ltd
03/07/2009

The Swedish company XCounter AB has acquired the Finnish company Oy AJAT Ltd, known for its cutting-edge radiation imaging devices.

The Swedish company XCounter AB has acquired almost half of the shares in the Finnish technology company Oy AJAT Ltd. The shares were sold by the management of AJAT, Finnish Industry Investment Ltd and Thomcapital Oy. XCounter AB is listed on the Alternative Investment Market (AIM) of the London Stock Exchange.

AJAT develops and manufactures cutting-edge radiation imaging devices mainly for dental and industrial applications. Ajat's technology has been particularly successful in dental X-ray applications. The imaging devices produced by Ajat are significantly more accurate and faster than others on the market. They can be used, among other things, for real-time checking of goods moving on a conveyor belt.

According to AJAT's press release, XCounter AB is a technology leader in photon counting and tomosynthesis-based 3D medical imaging and the two companies will synergize to integrate AJATs sensors in the XCounter technology, which opens new markets for CdTe/CdZnTe-CMOS sensors. According to AJAT's CEO Konstantinos Spatiotis, the company remains an independent advanced sensor manufacturer with an emphasis on dental and industrial applications, and is also aiming to expand into the medical sector.

According to Heli Kukko, investment manager at Finnish Industry Investment Ltd, AJAT is an excellent example of growth where a technology developed in Finland has been commercialised globally. AJAT has customers in Europe, Asia and the United States. Based in Espoo, AJAT was established in 2002 and currently has 18 employees. The company's turnover in the last accounting period was more than EUR 3 million and it also turned in a profit.



Source: Finnish Industry Investment Ltd.
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[buystock] 20/12/2009 17:03

* Systems
* Sensors (OEM)
* Retrofit Sensors

ART Plus Panoramic Imaging System



Technology

ART Plus is a Panoramic Dental Imaging system incorporating AJAT's unique CdTe-CMOS sensor technology and software. ART Plus delivers outstanding image quality, sharpness and contrast resolution combined with advanced functionality and diagnostic tools. The ART Plus dental systems truly address the market need for high quality at affordable cost. The complete product brochure can be downloaded from here.

ART Plus represents a new generation of extra-oral dental X-ray imaging systems. The new CdTe (Cadmium Telluride) sensor technology provides up to 300 individual images per second during a single panoramic exposure. These images are combined to produce multiple panoramic layers of unparalleled quality and clarity.

CdTe-sensor is a unique technology that, unlike any other dental radiology sensor, directly converts X-rays to electronic signals. X-rays are not converted to light, therefore no blurring occurs and image clarity and contrast are increased up to 300 %.

Blurred images with mispositioned patients or unclear images with specific anatomical features that were difficult to diagnose using conventional panoramic systems, can now be easily resolved without additional exposures, using ART Plus autofocus or manual focus features.

Benefits

Up to 300 % Better Image Quality
Up to 3 times less radiation
Auto & Manual Focus
2D Rotation
Multi Focal Layer Imaging
TWAIN & DICOM Compliant
Spine Compensation
Quick Real Time Imaging

[buystock] 20/12/2009 16:51

XCounter's AJAT wins 8.2m deal


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14 December 2009 @ 03:42 pm BSTNext Markets Article 3D imaging technology specialist XCounter's subsidiary, Oy AJAT, has signed a seven year exclusive agreement to supply X-ray detector technology to a Norwegian company specialising in industrial technology development within the energy industry.


AJAT will receive orders with minimum purchase values increasing each year up to and including 2015 and worth in aggregate ?8.2m.

The Norwegian firm has the option to extend the contract by two years on three occasions up to a total of six years.

AJAT and the firm will work together on the development of these new detector products and other related technologies with broader applications to the energy industry.

AJAT and the firm have been working together and have already completed the first stage of the customized technology for detection devices.

XCounter owns 49.8% of AJAT and has a call option for the remaining 50.2%












29.6.2009« Back

Oy Ajat Ltd, Developer of Digital Radiation Cameras, Acquired by Swedish Company
Swedish company XCounter AB, which is listed on the AIM stock exchange, has acquired almost one-half of the Finnish technology company Oy Ajat Ltd. Vendors in this transaction, in addition to Ajat's executive management, are Finnish Industry Investment Ltd, which divested all its holding in the company, and also Thomcapital Oy.

Ajat develops and sells digital radiation imaging cameras for dentistry, medical applications and industrial use. Most notably, Ajat's technology has been highly successful in dental X-ray applications. The company's cameras are far more precise and faster than their market contenders and can, for example, inspect in real-time products moving on a conveyor belt.

"With customers in Europe, Asia and the USA, Ajat is an excellent example of a growth company that has succeeded in globally commercialising Finnish-developed technology," says Finnish Industry Investment Ltd's Investment Manager Heli Kukko.

Established in 2002, Ajat today employs 18 people. In 2008 the Espoo-based company generated net sales of over MEUR 3 and posted a profit.

For more information:

- Tero Nummenpää, Board Member, Oy Ajat Ltd, phone [phone], tero.nummenpaa (at) ajat.fi

- Konstantinos Spartiotis, CEO, Oy Ajat Ltd, phone [phone], knstantin.spartiotis (at) ajat.fi

- Heli Kukko, Investment Manager, Finnish Industry Investment Ltd, phone [phone], heli.kukko (at) industryinvestment.com

- Mikael Strindlund, CEO, XCounter AB, phone [phone], mikael.strindlund (at) xcounter.se






© 2009 Finnish Industry Investment Ltd, P.O. Box 685, FI-00101 Helsinki, [phone], [e-mail]

[buystock] 20/12/2009 16:24

r
Wednesday, 08 July 2009 09:35 |
Company News - XCounter AB

XCounter AB to join Artemis Imaging GmbH on the development of an innovative 3D Breast CT system

XCounter AB (publ) (AIM: XCT), a technology leader in the development of photon counting detector and tomosynthesis-based 3D medical imaging, announced it is working with Artemis Imaging GmbH, a spinoff of the University of Erlangen's Institute of Medical Physics, on the development of an innovative 3D Breast CT system. The new device may have the potential to offer more comprehensive and higher quality breast scanning facilitating earlier detection of breast cancer, the most common form of cancer found in women.

Artemis Imaging GmbH, under the leadership of Prof. Willi Kalender, has substantial expertise and a proven track record in CT physics, system and applications development. It intends to develop, validate, clinically test and commercialize a low-dose, high-resolution breast CT scanner using the XCounter digital direct conversion solid state detector technology.

The new device will offer multiple views of the breast, while XCounter's photon counting technology will increase the overall quality of imaging.

Prof. Willi Kalender, CEO of Artemis Imaging GmbH stated: "We selected the XCounter photon counting technology because we believe it meets the requirements for a revolutionary new dedicated breast CT system which combines the highest image quality with the lowest
radiation dose to the patient."

Mikael Strindlund, CEO of XCounter commented:

"Today's announcement is further validation, by world-renown experts, of our leading photon counting solid state detectors and its potential to assist in the earlier identification of one of the most common forms of cancer."















Copyright 2009 MedicExchange.
All Rights Reserved

[dlyricist] 14/12/2009 15:51

Decent RNS:

XCounter's subsidiary signs major development agreement to supply innovative
monitoring detectors to the energy industry


Stockholm, 14 December 2009: XCounter AB (AIM: XCT) ('XCounter' or 'the
Company'), a leader in the development of photon counting detector and
tomosynthesis-based 3D imaging technology, today announces that its subsidiary,
Oy AJAT Ltd ("AJAT"), has signed a seven year exclusive agreement to supply its
X-ray detector technology to a Norwegian company specializing in industrial
technology development within the energy industry (the "Commercial Partner").
Pursuant to the agreement, AJAT will receive orders with minimum purchase values
increasing each year up to and including 2015 and worth in aggregate EUR8.2m. The
Commercial Partner has the option to extend the contract by two years on three
occasions up to a total of six years.

FULL:

[barrywhit] 03/12/2009 16:49

Bought in today, liked the last 2 RNS's.......lets see what they can raise money wise and at what price........interesting company......

[volsung] 04/9/2009 16:37

There used to to be quite a decent punk group called XTC

[hugepants] 14/7/2009 22:50

It is an interesting company but I suspect the share price will be weak until they can secure funding.

"...The Company's financial position and projected future cash flows after the
acquisition, indicates that capital contribution will need to be added to the
Company during the second half of 2009 and that the Company's ability to
continue as a going concern is dependent on the successful raising of additional
financing..."

[bobby.ifa] 14/7/2009 12:28

Moving down with no news. Had these on my radar for week now, their three D imaging aims to detect cancer/lessions quite early and reckoned to be quite revolutionary. Pity the share price doesn't reflect it.

[egoi] 06/11/2008 16:21

market cap 23 million.

SCAN on Plus-Quoted market cap under 1 million, similar stage of development very similar product, SCAN actually has a higher asset base.

[hedgehunter] 21/10/2006 00:18

Moving on up.

[hedgehunter] 18/10/2006 11:28

Quiet today.

[hedgehunter] 18/10/2006 01:39

Doing the business now.

[hedgehunter] 11/10/2006 00:27

Certainly is.

[hedgehunter] 09/10/2006 13:52

Moving back to life.

[hedgehunter] 31/3/2006 02:00

Doing rather well at the moment.

Thinkl Ill add in the morning.

[hedgehunter] 03/3/2006 00:57

DAILY EXPRESS
Share Whisper:
*Contract gains expected at Auckett Group (AUK.L).

Further news:
*Rumours that XCounter (XCT.L) is close to announcing a licensing deal

[Abuse team] 03/3/2006 00:51

Post removed by ADVFN

[hedgehunter] 03/3/2006 00:49

Going well again today.

[hedgehunter] 02/3/2006 12:47

DAILY EXPRESS
Share Whisper:
*Contract gains expected at Auckett Group (AUK.L).

Further news:
*Rumours that XCounter (XCT.L) is close to announcing a licensing deal

[Abuse team] 08/2/2006 03:51

Post removed by ADVFN

[hedgehunter] 07/2/2006 23:51

Evens on the day.

[hedgehunter] 06/2/2006 11:28

Was blazing a trail but someone just sold a few.