RNS Number : 6690U
Intelligent Ultrasound Group PLC
27 November 2023
 

27 November 2023

 

 

Intelligent Ultrasound Group plc

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

 

                                                                                     

Update regarding Nominated Adviser and Broker

 

Intelligent Ultrasound Group plc (AIM: IUG), the 'classroom to clinic' ultrasound company, specialising in artificial intelligence (AI) software and simulation, announces that, following the completion of the all-share merger between Cavendish Securities plc (previously named Cenkos Securities plc) and Cavendish Financial plc (previously named finnCap Group plc), and as a consequence of internal reorganisation within the Cavendish Group, the Company has changed its Nominated Adviser and Broker from Cavendish Securities plc to Cavendish Capital Markets Limited.

 

For further information, please contact:

 

Intelligent Ultrasound Group plc 

www.intelligentultrasound.com

Stuart Gall, CEO 

Tel: +44 (0)29 2075 6534 

Helen Jones, CFO



 



Cavendish Capital Markets Limited - Nominated Adviser and Broker

Giles Balleny/Dan Hodkinson (Corporate Finance)

Tel:? +44 (0)20 7220 0500

Michael Johnson/Julian Morse (Sales) 

Nigel Birks (ECM)







TB Cardew - PR Advisors

Ed Orlebar

Intelligentultrasound@tbcardew.com

Tel: +44 (0)7738 724630

Allison Connolly

                          Tel: +44 (0)7587 453955

Emma Pascoe-Watson

Tel: +44 (0)7774 620415

Hero Kurzeja

  Tel: +44 (0)7827 130430

 

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 1,500 simulators have been sold to over 750 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 and cleared for sale in the US by the FDA, but is not available for sale in any other territory requiring government approval for this type of product.

 

 

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