International expansion and new products boost Telemis revenues to more than €8M

16th consecutive year of profitability also lays groundwork for future growth at medical imaging specialist   Louvain-la-Neuve (Belgium), 8. October 2018 – Telemis, the medical imaging, archiving and transmission specialist, has announced a strong set of financial results for 2017-18, with revenues up by 5.5% to €8.19M. This growth has helped deliver pre-tax profits of €895,392, making this the 16th consecutive year of profitability for the business. The revenue growth is the result of Telemis’ investment in new products and expansion into new countries. This year saw it bring on its first Latvian customers, which are already delivering significant additional turnover. Meanwhile, Telemis’ TM-Capture product, newly released in 2016-17, is proving extremely popular, contributing six-figure revenues. This year’s growth means Telemis products are now in use at nearly 250 customer locations. With a balance sheet totalling more than €15M (up 18%) and equity of over €8M (up 9%), the company represents a dependable, long-term IT partner for clinics and hospitals. Bright outlook Telemis has also been busy laying the groundwork for further revenue growth. 2017-18 has seen the business increase its footprint in existing territories, with projects in radiology and other clinical areas launching in Belgium, France, Italy and Switzerland. Among these are the first order for its TM-Microscopy product, which is currently being installed at a well-known Swiss organization. 2018 has also seen the launch of the new INTUITUS business intelligence product line. This software as a service (SaaS) offering already has a number of confirmed orders, which are forecast to deliver substantial additional revenues over the coming 12 months. Stephane Ketelaer, Chief Executive Officer at Telemis, told the Group’s annual shareholder meeting: “It’s been another excellent year for the company, with our growth strategy continuing to boost revenues and maintain profitability for a 16th consecutive year. This success is thanks to the dedication of our people, who continue to work tirelessly on new, innovative products and services for our customers. And we’ve got some exciting announcements and new releases coming up.” 09/10/18

The Armor Territory Hospital Network announces the launch of our medical imaging solution for the territory.

France - The five image producing hospitals of the Armor Hospital Network (Saint Brieuc, Guingamp, Lannion-Trestel, Tréguier and Paimpol) just received the TM-MACS medical imaging management solution   This is part of the first phase of the convergence of their Information System.   Following the tender in 2015, the Armor Territory Hospital Network has retained the Telemis solution to be integrated to EDL’s Xplore solution. The main objective of this project was to lay the first foundations for a territorial IS homogenization. The launch and deployment of this solution occured in one year, including the TM-MACS installation in the five hospitals and the teleradiology process deployment, with the interconnexion of the RIS and PACS systems in the whole territory.   According to Didier Bonnet, IT Manager of Armor, "the complete solution brought by Telemis and EDL holds all its promises and shows already, after some use, tangible operating advantages in terms of radiologic activities management within the Armor Territory Hospital Network. The interoperability of this solution relies on unrivalled know-how by the chosen actors, who accomplished their mission with success".   Bertrand Catroux, radiologist in Saint Brieuc, tells us: "This solution has helped us to gain a considerable time and a better care delivery with the access to previous history on all territorial sites. The future installation of the Telemis sharing solution via cloud will enhance further our communication with private radiologic groups and institutions outside our Armor Territory Hospital Network".   Philippe Mabille, General Director of Telemis France, adds: "We have worked a lot with the users for the deployment of this solution with EDL's team in order to define the best answers and to provide the most relevant solutions. Today, we are very proud of the success of this ambitious project and of the apparent patient/user benefit it has brought for Armor".   27/03/18

Telemis announces a 13% revenue increase and a 15th consecutive year of profitability as PACS specialist.

Telemis consolidates financial and market position by driving down debt and expanding project base   Telemis, the medical imaging, archiving and transmission specialist, has announced results for the 2016 - 2017 financial year that show a significantly strengthened balance sheet and a fifteenth year of continuous profitability. Alongside this, the company announced that it expects to see continued strong performance in the 2017 - 2018 financial year.   The 2016 - 2017 year saw revenues increase by 13% over the prior year, reaching €7,757,899, mainly due to strong performance in France, linked to new project wins based on Telemis' excellent track record. During the year, debt was reduced to around €0.5M and the balance sheet strengthened as equity rose over €7,000,000.   Telemis is currently installing the latest version (4.8) of their PACS software at all 232 customer locations. The new TM-Capture announced during the financial year allows JPEG images to be fully integrated into secure hospital workflows. In the meantime, research and development has started on the next version of the market-leading PACS software which will include the ability to link customer systems into a highly-secure TM-Community.   During the financial year, Telemis was chosen by Groupement Radiologues Associés in Bordeaux through a competitive bid process to renew their PACS system, including the implementation of EDL's RIS Xplore Web and Cheops Technology's IT infrastructure solutions. The new image transmission platform features advanced diagnostic mammography and comparison functionality alongside new visualization capabilities for users of mobile devices. The sharing of medical imaging data between medical practitioners and between medical facilities was a key requirement for this project.   Speaking at the Telemis Group's annual shareholder meeting, where the latest results were announced, Telemis Group CEO, Stephane Ketelaer said: "We had a strong year, achieving our fifteenth consecutive year of profitability as well as increasing revenue by 13% and reducing our debt significantly. We also announced some significant new products and our impressive track record enabled us to win new customers in key markets such as France, where RFPs increased significantly. We leave the year in a strong position with greater revenue, less debt, a stronger product portfolio and many new customers."   He added: "Our strong financial position allows us to deal with significant new projects easily, while continuing to deliver high levels of service quality to our existing customers. Customers and stakeholders can be assured that Telemis is, and will remain, a strong and significant player in the PACS market. We are confident of a strong financial performance and many more satisfied customers during the forthcoming year."   04/10/2017

Telemis to supply complete PACS to Groupement Radiologues Associés in Bordeaux.

Telemis to supply complete picture archiving and communication system (PACS) to Groupement Radiologues Associés in Bordeaux New projects ensure further investment by Telemis in services and innovation in the Aquitaine region Louvain-la-Neuve, (Belgium), 11. September 2017 – Telemis, the medical imaging, archiving and transmission specialist, announces that the Groupement Radiologues Associés in Bordeaux chose Telemis's Picture Archiving and Communication System (PACS), on top of EDL's RIS Xplore Web and Cheops Technology's IT infrastructure solutions, to renew its PACS system and implement exchange and sharing of medical images within their offices. After a detailed consultation and a competitive bid over the course of six months, the Groupement Radiologues Associés decided to entrust its management of medical images to Telemis. This group of twenty-six radiologists stretches across seven clinics and two radiology offices, and it covers all radiological specialties. The Groupement Radiologues Associés selected version 4.80 of the Telemis archiving software as well as image transmission platform that features advanced diagnostic mammography and comparison functionality alongside a new version of “nomade” for users of mobile devices. This version “nomade” - the sharing of medical imaging data between medical practitioners and within and between medical facilities – was a key requirement for this project. Telemis-Medical PACS 4.80 offers new tools to radiologists in specialized areas such as breast imaging as well as facilitating the comparison of images obtained from examinations conducted by other radiological disciplines. The latest version of the software can calculate the doubling time according to the RECIST analysis criteria and delivers instant fusion of image data obtained from multi-modal examinations. A re-designed viewing and treatment tool for DICOM-RT images will benefit radiation therapists by supporting collaboration and discussion across multiple disciplines. This new version 4.80 of Telemis-Medical PACS now offers native support for PDF DICOM files. Mr. Nicolas Thomas, Director of the Groupement Radiologues Associés said "The project to modernize our information system is part of the implementation of enhanced collaboration between our various sites. After a detailed tender and more than six months discussion, we decided to select Telemis, EDL and Cheops Technology. The solution proposed is intuitive and offers excellent possibilities for communication and exchange. It fully meets our multi-site needs." Philippe Mabille, General Manager of Telemis France added "With this project, Telemis builds its presence in the New Aquitaine region. We already have a large installed base in public institutions and now, Telemis is pleased to have also won the confidence of the Medical Imaging Group Bordeaux-Thiers and the SCM (Société Civile de Moyen) des Deux Rives of Bordeaux. These new projects encourage Telemis to further invest in the Aquitaine region in terms of services and innovation." Remote and tablet users will have access to the full power of the PACS visualization applications to assess imaging information from almost any location. The secure transfer of images to and from external parties, including general practitioners, brings an unprecedented flexibility and will improve patient care. 18/09/2017


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