Feedback PLC Statement re share price (0086O)
27 Septiembre 2019 - 8:52AM
UK Regulatory
TIDMFDBK
RNS Number : 0086O
Feedback PLC
27 September 2019
Feedback plc
Statement re share price
Cambridge, 27 September 2019: Feedback plc (AIM: FDBK,
"Feedback" or the "Company") notes the movement in the share price
today. The Company notes the announcement earlier today by IQ-AI
Ltd that Imaging Biometrics, IQ-AI's Milwaukee based subsidiary,
today received notification that the FDA has cleared StoneChecker
Software for marketing in the USA ("the FDA Clearance").
Stonechecker is a licensee of Feedback's TexRAD(R) software and the
Directors believe that the Stonechecker Software uses TexRAD(R) .
However, the Company is currently not able to evaluate what level
of income, if any, will accrue as a result of the FDA Clearance. In
addition, the FDA Clearance does not confer FDA clearance for
TexRAD(R) and the Directors are now evaluating the implications of
this as part of their ongoing strategic review.
A further announcement will be made in due course.
Enquiries:
Feedback plc +44 (0)1954 718072
Tom Oakley, CEO IR@fbk.com
Lindsay Melvin, CFO
Allenby Capital Limited (Nominated Adviser)
David Worlidge / Asha Chotai +44 (0)20 3328 5656
Peterhouse Capital Limited (Joint Broker)
Lucy Williams / Duncan Vasey +44 (0)20 7469 0936
Stanford Capital Partners Limited (Joint +44 20 3815 8880
Broker)
Patrick Claridge / John Howes
+44 (0)20 7457 2020
Instinctif Partners feedbackplc@instinctif.com
Rozi Morris/ Deborah Bell/ Phillip Marriage
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). The
Company has recently announced the launch of its new messaging and
image transfer product Bleepa(TM). For more information, see
www.fbk.com
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END
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September 27, 2019 09:52 ET (13:52 GMT)
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