— EchoSolv AS will be fully integrated into ScImage's medical workflow platform, facilitating streamlined deployment within MedAxiom's hospital and cardiology networks.
— ScImage is a nationally recognised Cloud and integrated workflow management platform, with over 1,200 users, specialising in the collation of medical images and secure,real-time accesstopatient informationforabroadclient baseacrosstheUS.
— MedAxiom is an American College of Cardiology company and the cardiovascular community'spremier sourcefororganisationalperformancesolutions.
— ExpandeddistributionwillfurtherdemonstrateEchoSolvAS'abilitytoenhancedetection ratesforsevere AorticStenosis, akeyfactorinEchoIQ'spursuitofa Category I CPTcode in the US market.
— Echo IQ is in active discussions withScImagetoextendavailabilityofEchoSolvASto additionalcardiologynetworks acrossthe~1,200 activeusersofScImage'sPICOM365 platform in the US.
AI and Medical Technology company Echo IQ (“the Company”) (ASX: EIQ) is pleased to advise of significant Partnership and Integration Agreements with ScImage and MedAxiom, two leading US healthcare technology providers. This collaboration will considerably expand the distribution of EchoSolv AS, integrating its advanced AI-powered cardiology technology across an extensive network of hospitals and cardiology practices in the United States.
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Under the agreement, EchoSolv AS will be initially deployed across 36 MedAxiom/ScImage-affiliated hospitals and cardiology practices, enabling physicians to access advanced AI-driven diagnostics through ScImage's industry-leading image management and workflow platform. By leveraging ScImage's agile cloud- native architecture, EchoSolv AS will be delivered seamlessly for easy user adoption. This partnership significantly expands EchoSolv AS' presence in the US market, providing broader access to cutting-edge technology for early, accurate detection of severe aortic stenosis.
This agreement solidifies Echo IQ's position as a key innovator in AI-driven cardiovascular disease detection, reinforcing its commitment to advancing patient outcomes through cutting-edge technology and strategic partnerships.
Management Commentary:
Founder and CEO of ScImage, Inc., Dr Sai Raya PhD, said:”We are proud to be making Echo IQ's extraordinary capabilities available to our customers. Both companies share a vision of technology-powered tools that enhance cardiology as well as patient outcomes. The limitless benefits of AI technology represent ScImage's continued commitment to improving efficiency and ensuring our partners' patients have access to the best technology available. I am confident our customers will embrace the benefits of seamless integration with this ground-breaking AI technology.”
EchoIQ'sChiefExecutiveOfficer,MrDustinHaines, said: “This partnership marks a pivotal milestone in our mission to transform cardiovascular diagnostics in the US. By integrating EchoSolv AS into ScImage's workflow platform and deploying it across MedAxiom's extensive network, we are ensuring that more physicians have access to innovative, AI-driven solutions to detect and manage severe aortic stenosis. This partnership further supports our approach of prioritising integrations in the lead up to our CATIII reimbursement. We look forward to deepening our collaboration and expanding access to this life-saving technology across more hospital networks nationwide.”
About ScImage:Apioneerinthehealthcareindustry,ScImagewasfoundedin1993andhasconsistentlyprovidedinnovative enterprise image management and workflow solutions that are flexible, scalable and secure with an emphasisonestablishingandnurturingexcellent relationshipswithpartners.Learnmoreatscimage.com.
About MedAxiom:MedAxiom, an American College of Cardiology company, is the cardiovascular community's premier source for organisational performance solutions. MedAxiom is transforming cardiovascular care by combining the knowledge and power of hundreds of cardiovascular organisation members, thousands of administrators, clinicians and revenue cycle experts, and dozens of industry partners. Through the delivery of proprietary tools, smart data and proven strategies, MedAxiom helps cardiovascular organisations achieve the Quadruple Aim of better outcomes, lower costs, improved patient experience and improved clinician experience.
AuthorisedforreleasebytheBoardofDirectorsofEchoIQLimited.
InvestorEnquiries:Deon Strydomdeon.strydom@echoiq.ai
ABOUT ECHOIQEcho IQusesAI-driventechnologyandproprietarysoftwaretoimprovedecisionmakinginCardiology. The company is basedinSydney,Australia.
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