Mach7 Technologies Licenses Software to American Radiologist Network With Shorter Deployment Timeline

MT Newswires Live05-20

Mach7 Technologies (ASX:M7T) said US-based teleradiology provider American Radiologist Network signed a five-year subscription license for the company's eUnity Viewer software for medical images, according to a Wednesday filing with the Australian bourse.

The initial contract value is AU$1.7 million based on a minimum of 675,000 studies per year, with volumes forecast to surpass a million studies over the agreement's full term.

Mach7 said the first productive use under the contract is expected within 45 days, a "significant reduction" on the company's typical 12-month deployment timeline made possible by a commercial transformation involving the removal of silos and the restructuring of the sales and services team.

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