LONDON (ShareCast) - (ShareCast News) - Real-time security and industrial inspection x-ray specialist Image Scan provided a trading update on Tuesday morning, ahead of its 2017 annual general meeting being held during the afternoon.
The AIM-traded firm reported a strong first quarter of trading, as remaining units from the large portable x-ray order were delivered ahead of schedule.

New orders received maintained the order book at over £1m, and the board said a new compact detector panel was developed, which would be launched at an Asian security exhibition in April.

The Precision Linescan Detector product was scheduled for mid-year launch.

Image Scan was also celebrating customer wins, reporting that following extensive trials, a recent industrial customer had selected its 'MDXi400' product for its new plant.

It also signalled a contract to further develop new techniques for scanning large industrial parts.

"I am pleased with the performance of the business in the first quarter of this year," said chairman and chief executive Bill Mawer.

"Our manufacturing and supply chain operation continues to run smoothly, beating contract schedules."

Mawer said he was excited by the company's new compact detector, the Threatscan LS3.

"The speed with which this has been developed is testimony to our modular approach to both hardware and software design.

"With the Precision Linescan Detector making good progress also, 2017 is likely to be a strong year for new products.

"At this early stage of the year the business is trading in line with market expectations."

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE