The company announces that it has recently signed a new non-exclusive distribution agreement, with a leading medical and security technology company in Panama known as ATX Panama SA (ATX). This agreement now offers a great opportunity to expand its presence into Panama and continues market development of ImExHS in Central America. ATX currently offers fully maintained systems to their customers and provides security services with full body X-Ray screening, and they are looking to expand into the provision of medical imaging equipment and software in Panama as they partner with ImExHS.
With this new alliance, ImExHS is very excited by the prospects that ATX can bring to them and continues to develop markets in Latin America. The distribution agreement is renewable automatically each subsequent year and otherwise on standard term after an initial period of 1-year. By giving at least 30 days’ notice either party can terminate the distribution agreement.
The company also announces that it has added three important new tools to its Hiruko product suite. First is, Triangulation Web Tool which allows the navigation of medical images using a 3D cursor. The corresponding 3D location is updated in other views with the same coordinate system when clicking on a position of an image. This application will greatly improve the productivity of the interpretation of images and works with multiple modalities with the only requirement being that the images have the same frame of reference metadata in the DICOM standard.
Second is Multiplanar Reconstruction (MPR) Web Tool which allows Hiruko to reconstruct the coronal and sagittal views from the axial slices of tomography on orthogonal planes. This tool greatly improves the navigation and visualization of the CT volume for radiologists, and the Third is Maximum Intensity Projection (MIP) Web Tool which allows creating views that highlight certain anatomical structures. In clinical practice, it is frequently used to visualize studies that employ contrast agents, and to visualize veins and arteries. Generated after processing multiple images of the volume it is important to know that this view is a reconstructed image. Of the selected volume the projection is created by taking the minimum, maximum, or the average from the pixel intensities.
ImExHS Limited (ASX: IME) stock price traded at $0.036 which is 2.857% up the previous day close. The company has had a performance change of 34.62% over the past year.
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