StockMarketWire.com - Kromek has been awarded new contracts by three of its current OEM customers, who are worldwide producers and exporters of bone mineral density diagnostics systems, to supply its CZT-based detector modules.

The contracts, worth a total of approximately $1.15m, are expected to be delivered over the next 24 months with the majority to be delivered within the next 12 months.

Under the terms of the agreements, Kromek's detector modules will be incorporated into the OEMs' systems to produce some of the most accurate imaging to diagnose the strength and health of bones.

The CZT-based diagnostic systems will allow clinicians to accurately detect and monitor progression of osteoporosis in patients resulting in more effective treatment.




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