CarieScan strengthens global footprint (3650K)

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RNS Number : 3650K

3D Diagnostic Imaging PLC

14 July 2011

 
 For Immediate Release   14 July 2011

3D DIAGNOSTIC IMAGING PLC

("3D" or "the Company")

CarieScan strengthens global footprint with the appointment of distribution partners in Australia, South Africa and South East Asia

3D is delighted to announce that its subsidiary CarieScan Limited ("CarieScan"), a leading provider of integrated caries management support systems, has expanded into a further three key territories with the appointment of distribution partners in Australia, South Africa and South East Asia. This opens up a market of potentially 60,000 dental practioners.

CarieScan's integrated Caries Management Support System ("CMSS") comprises the CarieScan PRO, a handheld device for the early detection of tooth decay, and RemoteView, a software package which captures data gathered by the CarieScan PRO for instant display on a PC screen and for recall at a later date, allowing monitoring of the progression or regression of disease. The CMSS enables the comprehensive monitoring of tooth decay and the efficacy of the treatment being applied to treat the condition. The Directors believe the system to be the world's first integrated caries management system.

Australia

Ivoclar Vivadent is a wholly owned subsidiary of its Lichtenstein based parent company (one of the world's leading dental companies). Ivoclar Vivadent Australia support the dental market directly through their 4 sales offices based in Melbourne, Sydney, Perth and Brisbane and are recognised as a provider of innovative solutions in the Australian market.

The dental services industry in Australia is expected to generate revenue of AUD4.58 billion in 2010-11, representing a growth of 3.5% from the previous year. There are 10,000 registered dentists and 1,900 dental hygienists and therapists practising in Australia and this workforce is growing at 3% per annum with new graduates from 5 university dental schools*. The market has a strong history of embracing new dental technologies.

* (Source: Australian Dental Industry Report, IBIS World, June 2011).

South Africa

Inter-Africa Dental (Pty) Ltd ("Inter-Africa") was founded in 1989 and has grown to a national organisation of 50 employees which include sales, technical, pharmaceutical and administrative personal. Based in Pretoria, Inter-Africa will undertake distribution of CarieScan products throughout South Africa and the immediate neighbouring countries. There are reported to be 3,000 dentists practising in South Africa with 5 university dental schools providing clinical training of dental students.

South East Asia

AcuMed Pte Ltd ("AcuMed"), based in Singapore, has recently been established to import and distribute specialist dental products to the South East Asian market. The AcuMed management team have over 30 years combined experience of distributing medical and dental speciality products. The countries covered by this agreement include the following key markets:

Malaysia Singapore

Thailand Indonesia

Korea Philippines

AcuMed believe that these countries are serviced by over 45,000 dentists and the demand for advanced healthcare services is seeing growth well in excess of the western world.

With the signing of these agreements CarieScan now has distribution partners covering the following countries.

 
 North America      Europe         Africa       Asia      Pac Rim 
 USA             UK             South Africa   India    Malaysia 
  Canada          Germany                       China    Singapore 
                  Austria                                Thailand 
                  Switzerland                            Indonesia 
                  Belgium                                Korea 
                  Luxembourg                             Philippines 
                  Netherlands

Commenting on these announcements, Graham Lay, Chief Executive Officer of 3D Diagnostic Imaging, said:

"Closing these distribution agreements is excellent news for the business. While we will continue to grow our distribution network, the focus of the business now moves to ensuring that we adequately support the training and in-service support needed as we work to initiate and grow sales in all territories."

ENDS

For further information please contact:

 
 3D Diagnostic Imaging Plc     +44 (0) 1624 679000 
 Graham Lay, CEO 
 Oliver Cooke, CFO 
 
 finnCap                       NOMAD & Broker 
 Geoff Nash                    +44 (0)20 7600 1658 
 Henrik Persson 
 Stephen Norcross (broking) 
 
 Buchanan Scotland             +44 (0) 131 226 4427 
 Diane Stewart                 +44 (0) 207 466 5000 
 Carrie Clement

Notes to Editors:

3D own the protected rights to a technology platform with a number of significant potential commercial applications. CarieScan Ltd, a 3D company, produce a Caries Management Support System which includes the CarieScan PRO(TM) data detection device, and RemoteView software, providing the display, capture, storage and recall of caries data to enable dentists and hygenists to undertake automated monitoring of caries for the first time.

The CarieScan PRO(TM) measures the presence of tooth decay earlier and more accurately than any other device on the market and is more than 90% accurate in detecting both sound and carious teeth, well ahead of other methods. It detects "hidden" decay, providing dental practitioners with the opportunity to arrest or even reverse decay, driving the trend towards preventative dental care.

The lightweight CarieScan PRO(TM) detection monitor not only offers best-in-class performance for decay detection but also allows easy monitoring of the effect of treatment regimes to show decay advancement or regression, thus enabling dentists to tailor treatment to the needs of the patient at a low cost. The CarieScan PRO(TM) consists of a hand piece and a disposable sensor which is held against the tooth being examined in a process which takes approximately 4 seconds per tooth with the result displayed on the CarieScan PRO(TM).

The RemoteView software application changes the paradigm for Caries Monitoring. Working wirelessly with the CarieScan PRO, all data (Tooth Number, Site Information and measurement results) are captured and displayed in a number of available formats. Once captured, data is available for review and forms part of a monitoring record. Disease progression and regression can easily be monitored. All CarieScan PRO units are shipped with a Bluetooth dongle enabling any XP/Vista/Windows 7 PC to communicate with the PRO. The CarieScan Caries Monitoring System is the first dedicated wireless monitoring system.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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