LONDON (ShareCast) - (ShareCast News) - Image Scan was confident in its future on Tuesday, updating the market on its sales and development activities.
The AIM-traded specialist in real-time x-ray imaging said more than £1m orders had been added to the £0.6m of orders carried forward from the prior year.

It said significant orders had been received for the new ultra-thin ThreatScan LS1 panel, and the smaller FlatScan-15 panel for security applications, together with the company's portable generator and software suite.

Image Scan said multiple unit orders had been received from two important, unnamed Asia customers, and one of the orders had been dispatched.

In Europe, the company said its new sales manager was making progress and, among other achievements, a unit was being provided to the European Commission research facility in Germany.

The focus remained on winning larger orders - key to the long-term and sustainable development of the company's security, Image Scan's board said.

"It has been gratifying to see the return of multi-unit orders for our portable X-ray systems while 'in the field' reports from customers using the new technology have been very positive," said chairman and chief executive Bill Mawer.

"The continued strength of the order book for our industrial x-ray systems confirms our strength in this particular niche market. I am at this point optimistic for our first half performance and look for continued strong order intake to support the second half," he added.

In addition, the company's Precision Linescan Detector project, which was assisted by a UK government grant of £104,000, was on schedule and its first quarterly review was successfully completed with funding body Innovate UK.

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