29th Oct 2014 08:20
LONDON (Alliance News) - Image Scan Holdings PLC Wednesday said it has signed a two-year deal with Sectus Technologies for the distribution of its X-ray products in Canada, the Caribbean and in Central and South America.
Shares in the company jumped on the news, rising 25.2% to 2.3475 pence to be the best performer on the AIM All-Share index in early trade.
Image Scan did not provide any financial details about the contract, but said that Sectus, the Canada-based security products distributor, will distribute its portable X-ray security product range in those markets.
"Sectus combines the market presence and technical knowledge we need to drive rapid take up of the new portable X-ray products that are starting to emerge from our recently re-capitalised development programme," said Image Scan Executive Chairman Bill Mawer in a statement.
By Sam Unsted; [email protected]; @SamUAtAlliance
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