Feedback PLC TexRAD® ordered by Samsung Medical Centre in Seoul
10 September 2018 - 8:00AM
RNS Non-Regulatory
TIDMFDBK
Feedback PLC
10 September 2018
Feedback plc
TexRAD(R) ordered by Samsung Medical Centre in South Korea
Cambridge, UK, 10 September 2018: Feedback plc (AIM: FDBK,
"Feedback" or the "Company"), the specialist medical imaging
technology company, announces that its operating company Feedback
Medical Ltd has received an order from its South Korean distributor
for TexRAD(R) , its patented image texture analysis technology, for
the Samsung Medical Centre in Seoul.
The order came via Feedback's South Korean distributor, Korea
Computer Motion ISG ("Korea ISG"). It follows the exclusive
distributor arrangement announced on 8 June 2017 granting Korea ISG
the ability to sell and distribute TexRAD(R) in South Korea for
research purposes, performing advanced analysis of routinely
acquired medical diagnostic images, such as CT and MRI scans.
To date, Korea ISG has obtained several orders for Feedback's
TexRAD(R) software technology in South Korea. This is the first
order from Samsung Medical Centre, one of the nation's leading
hospital groups, founded by Samsung Group. Samsung Medical Centre
has a strong focus on research, particularly in radiology and
oncology.
Dr Balaji Ganeshan, Global Business Development Director of
Feedback Medical Ltd, said:
"The order of TexRAD(R) by such a cutting-edge medical facility
as the Samsung Medical Centre is a great validation of the
capabilities of our technology platform. We are seeing increasing
traction within our international distributor network as our
reputation grows."
- ENDS -
For further information, please contact:
Feedback plc +44 (0)1954 718072
Alastair Riddell, Executive Chairman IR@fbk.com
Lindsay Melvin, CFO
Instinctif Partners +44 (0)20 7457 2020
Rozi Morris/ Deborah Bell/ Phillip Marriage feedbackplc@instinctif.com
Notes to editors
About Feedback plc
Feedback plc (AIM: FDBK) is a specialist medical imaging
technology company providing innovative software and systems,
through its fully-owned trading subsidiary, Feedback Medical
Limited. Its products advance the work of radiologists, clinicians
and medical researchers by improving workflows and giving unique
insights into diseases, particularly cancer. Feedback Medical works
with customers globally from headquarters in the internationally
renowned scientific hub of Cambridge, UK. Its proprietary
technologies are TexRAD(R) , the quantitative texture analysis tool
and Cadran, a picture archiving communication system (PACS). For
more information, see www.fbk.com
About TexRAD(R) quantitative texture analysis
TexRAD(R) is a patent-protected software tool which extracts and
quantifies texture features in radiological images, assisting
research into all tumour types. In the exciting new field of
radiomics, TexRAD(R) uncovers biomarkers in medical images which
are invisible to the naked eye. TexRAD(R) has featured in over 100
academic publications, won numerous awards and is currently used in
over 50 prestigious institutions worldwide. Feedback Medical
recently launched TexRAD(R) Lung, a software tool for the analysis
of lung cancer, which is CE marked for clinical use in the EU.
About Korea Computer Motion ISG
Korea Computer Motion ISG, part of ISG plc, has installed and
supported MRI/CT 3D processing imaging software to about 120
prominent Korean hospitals for 23 years, and is the largest medical
imaging software distribution (sales and service/support) company
in South Korea. It is an experienced distributor of medical
software from world leading suppliers, with a wide customer
base.
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END
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