StockMarketWire.com - Deltex Medical Group has received confirmation of monitor orders worth over £0.2m which, as indicated in the trading update announced on 18 January, had moved into 2017 due to the rescheduling of capital allocations in a small number of hospitals.
The largest value sales contract is from the US for six monitors from a seven hospital system in the company's Great Lakes sales territory.
Deltex said the customer had originally planned to start implementation of ODM within its flagship hospital from April 2016 but, following delays in its procurement processes, had now decided to start implementation simultaneously in two additional hospitals.
Deltex said the other major order was for 13 monitors from a consortium of NHS hospitals in the UK, comprising replacements for nine previously purchased monitors and four additional units.
Chief executive Ewan Phillips said: "We are encouraged that we have been able to secure capital funding for our ODM monitors from major customers in both the USA and UK at a time of restricted capital budgets.
"The US sales contract means we can now move forward with supporting implementation of ODM in one of the most presitigious of the US platform accounts we announced in 2016."
Story provided by StockMarketWire.com
Shares Magazine
Shares is the leading weekly publication for retail investors. It is packed with investment ideas, news and educational material to help build and run portfolios and get more from your money.
Investor Events
Shares puts on free Investor Events throughout the year across the country. They provide an opportunity for investors to learn more about companies on the stock market and hear from a range of investment experts including fund managers and Shares journalists.