Intelligent Ultrasound Group PLC Directorate Change (7287A)
May 26 2023 - 2:00AM
UK Regulatory
TIDMIUG
RNS Number : 7287A
Intelligent Ultrasound Group PLC
26 May 2023
Intelligent Ultrasound Group plc
(the "Group" or the "Company")
Directorate Change
Intelligent Ultrasound Group plc (AIM: IUG), the 'classroom to
clinic' ultrasound company, specialising in artificial intelligence
(AI) software and simulation, announces that Ian Whittaker, who has
served as an Executive Director and Chief Operating Officer (COO)
since joining the Group on the acquisition of Inventive Medical Ltd
in August 2016, will not be seeking re-election to the Board of
Directors at the 2023 Annual General Meeting (AGM). Ian has also
announced his intention to retire from his position as COO on 31
December 2023 but will remain with the Group in a part time
capacity to assist on projects, as required.
The Board extends its thanks to Ian for his commitment and
invaluable contribution to significantly growing the simulation
revenue and profitability over the last seven years and wishes him
continued success in his business and personal endeavours.
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 Tel: +44 (0)20 7397 8900
and Broker
Giles Balleny / Max Gould (Corporate
Finance)
Michael Johnson / Julian Morse
(Sales)
Walbrook PR Tel: +44 (0)20 7933 8780 or intelligentultrasound@walbrookpr.com
Anna Dunphy Mob: +44 (0)7876 741 001
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
1,450 simulators have been sold to over 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
image interpretation by providing the user with real-time AI-based
anatomy highlighting for a range of ultrasound guided regional
anesthesia procedures; and NeedleTrainer that teaches real-time
ultrasound-guided needling and incorporates ScanNav Anatomy
PNB.
www.intelligentultrasound.com
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END
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