Intelligent Ultrasound Group PLC Update regarding Nominated Adviser and Broker (6690U)
November 27 2023 - 1:00AM
UK Regulatory
TIDMIUG
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 Tel: +44 (0)20 7220 0500
Finance)
Michael Johnson/Julian Morse (Sales)
Nigel Birks (ECM)
TB Cardew - PR Advisors Intelligentultrasound@tbcardew.com
Ed Orlebar 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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