iCAD to Highlight ProFound AI™ Solution for Digital

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2022
33
iCAD to Highlight ProFound AI™ Solution for Digital Breast Tomosynthesis at 2019 Society of Breast Imaging Annual Symposium

NASHUA, N.H., April 04, 2019 (GLOBE NEWSWIRE) -- iCAD, Inc. (NASDAQ: ICAD), a global medical technology leader providing innovative cancer detection and therapy solutions, today announced that it will present its latest artificial intelligence software solution for digital breast tomosynthesis (DBT), ProFound AI™ , as well as its PowerLook Density Assessment software, in the iCAD exhibition booth #301 during the 2019 Society of Breast Imaging (SBI) Annual Symposium, the largest breast imaging conference in the world.  Hosted by the SBI and the American College of Radiology, the conference will take place April 4-7, 2019, in Hollywood, Florida.

ProFound AI is a high-performance, deep-learning, cancer detection and workflow solution for DBT. This transformational technology delivers critical benefits to radiologists, their facilities and patients through the improvement of cancer detection rates by an average of 8 percent and a reduction in the rate of unnecessary patient recalls by an average of 7 percent. The technology is designed to detect malignant soft-tissue densities and calcifications and provides radiologists with the certainty of finding lesion and case scores. Since its U.S. launch in December 2018, ProFound AI has been adopted by a significant number of high-profile hospitals and imaging centers in all major geographic areas of the country, demonstrating the strong need for such revolutionary technology.

“We look forward to engaging with breast imaging professionals at the SBI Symposium to share our powerful ProFound AI solution that delivers vast improvements in clinical performance and workflow,” said Stacey Stevens, President of iCAD.  “We are pleased with the overwhelmingly positive feedback we have received from customers who have been early adopters of this technology.” 

“Enhanced breast cancer detection remains a critical healthcare initiative, as evidenced by the recently proposed regulations from the U.S. Food and Drug Administration (FDA) requiring breast density reporting,” continued Ms. Stevens.  “The new proposed regulations would enhance FDA’s ability to enforce mammography facilities’ compliance with breast density reporting standards.  Importantly, iCAD’s PowerLook Density Assessment software is designed to standardize the assessment of breast density in 2D and 3D mammography. We believe this innovative technology could play an important role in healthcare facilities’ ability to adhere to the new proposed regulations from FDA.”

For more information about iCAD and its solutions or to register for a meeting or demonstration at SBI, please visit http://go.icadmed.com/SBI_2019 .

About iCAD, Inc.

Headquartered in Nashua, NH, iCAD is a global medical technology leader providing innovative cancer detection and therapy solutions. For more information, visit  www.icadmed.com .

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

Certain statements contained in this News Release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to the Company’s ability to defend itself in litigation matters, to achieve business and strategic objectives, the risks of uncertainty of patent protection, the impact of supply and manufacturing constraints or difficulties, uncertainty of future sales levels, protection of patents and other proprietary rights, product market acceptance, possible technological obsolescence of products, increased competition, litigation and/or government regulation, changes in Medicare or other reimbursement policies, risks relating to our existing and future debt obligations, competitive factors, the effects of a decline in the economy or markets served by the Company; and other risks detailed in the Company’s filings with the Securities and Exchange Commission. The words “believe”, “demonstrate”, “intend”, “expect”, “would”, “could”, “consider”, “project”, “estimate”, “will”, “continue”, “anticipate”, “likely”, “seek”, and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on those forward-looking statements, which speak only as of the date the statement was made. The Company is under no obligation to provide any updates to any information contained in this release. For additional disclosure regarding these and other risks faced by iCAD, please see the disclosure contained in our public filings with the Securities and Exchange Commission, including the 10-K for the year ended December 31, 2018, available on the Investors section of our website at  http://www.icadmed.com  and on the SEC’s website at  http://www.sec.gov .

Contact:

Investor Relations: LifeSci Advisors, on behalf of iCAD, Inc. Jeremy Feffer, (212) 915-2568 jeremy@lifesciadvisors.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

XKL Delivers MediaLight for High-Speed Optical Transport

Updated Category News Views 5

Unpacking the MediaLight Launch Kicking off September, XKL is tossing its hat in the ring with the MediaLight Xponder and Muxponder systems. These aren't just any run-of-the-mill gizmos—nope, they're touted as top-of-the-line optical transport solutions. The talk of the town is their ability to dish out high-density 100G and 400G transport, and for geeks in the trade,...

Continue Reading
Supply Maverick Simplifies Global Shipping Processes

Updated Category News Views 0

Paving the Way for Seamless International Shipping Supply Maverick's got a new mantra, folks: simplicity. They're slicing through the mess of international shipping and bringing some much-needed clarity for customers in Canada, Australia, and New Zealand. It’s about time someone shook up the logistics playbook. The Nuts and Bolts of the New Shipping System Imagine being...

Continue Reading
OneAscent Welcomes Monica Stoudemire as New CCO

Updated Category News Views 5

New Leadership in Compliance Diving straight into the tumultuous sea of securities compliance, OneAscent's got a fresh captain at the helm. Monica Stoudemire's stepped into the Chief Compliance Officer's shoes with a track record that'd make any investor breathe a sigh of relief. After all, blending two decades of on-the-ground experience with regulatory acumen ain't...

Continue Reading
NYSE Reflects on 9/11: Honoring Lives and Legacy

Updated Category News Views 2

A Somber Day at NYSE: Reflecting on 9/11 September 11th grips the heart of NYSE every year, but this year's 25th-anniversary powerfully reverberates through its hallowed halls. The hustle of the trading floor halts for a moment at 9:20 AM ET, paying homage to those lost in the harrowing attacks. I've seen the markets flap in the wind of countless crises, but nothing's...

Continue Reading
Bitwise Pulls Plug on Dogecoin ETF Amid Market Risks

Updated Category News Views 8

Bitwise Ditches Dogecoin ETF: End of a Speculative Era Who knew that a digital asset inspired by an internet meme would get a platform on Wall Street? Well, Bitwise did. They rallied behind Dogecoin, launching the Bitwise Dogecoin ETF, ticker BWOW. But as of September 10, 2026, the fund's journey is coming to an end with liquidation just around the corner. What Sparked...

Continue Reading
BusyBee AI Revolutionizes Classroom Feedback Efficiency

Updated Category News Views 7

Grading Overhaul: BusyBee's Role in Education Here's a twist for the history books: Agilix Labs' BusyBee, a slick AI assistant built right into the Buzz platform on Amazon Bedrock, is kicking traditional grading methods to the curb. This little helper is grading close to a million K-12 student submissions every month, meticulously approved by real teachers. Quite the...

Continue Reading
USFCR Wins 2026 Award for Federal Contracting Services

Updated Category News Views 7

Award-Winning Federal Contracting Strategies News from Clearwater, Florida: US Federal Contractor Registration (USFCR) just bagged the 2026 nod from Gov Business Review as the Federal Contracting Services of the Year. Now that's a feather in the cap worth talking about. This isn't some hallway compliment, folks. It's a signal that they've nailed how to get businesses...

Continue Reading
Moore Law Investigates Aardvark Therapeutics' Risks

Updated Category News Views 2

Moore Law Launches Probe Into Aardvark Therapeutics Nobody likes stumbling across bad news over their morning coffee, but sometimes the market loves to keep you on your toes. Now it's Aardvark Therapeutics (NASDAQ: AARD) in the headlines, and not how they'd like. This time, Moore Law PLLC is rolling up its sleeves to dig into potential misconduct by the company's top...

Continue Reading
Intus Bio Secures $2.7M for Colorectal Cancer Test

Updated Category News Views 3

Pioneering Efforts in Early-Onset Colorectal Cancer Detection The battlefield of colorectal cancer prevention just got a serious upgrade with Intus Bio grabbing a $2.7 million award. This ain't just pocket change—it's a shot at rewriting the script on how we approach early-onset colorectal cancer, the pesky number one cancer gnawing at the under-50 crowd. Partnering...

Continue Reading
SES Sells to AFC Industries: A Strategic M&A Move

Updated Category News Views 7

Nashville's Notable Deal in Industrial Supply On a muggy September day in Nashville, XLCS Partners announced it was at the helm of a noteworthy transaction—the sale of Signature Engineered Solutions (SES) to AFC Industries. Now, this isn't just another corporate shuffle; it's a calculated move in the gritty world of fastening and engineered solutions. The Nitty-Gritty...

Continue Reading

Top 5 Most Recently Viewed Articles

Venture Global, Inc.: Critical Updates for Shareholders

Updated Category News Views 156

Venture Global, Inc.'s Shareholder Class Action Lawsuit Recently, a significant legal matter has emerged regarding Venture Global, Inc. This involves a securities class action lawsuit that was filed on behalf of shareholders who purchased stock in the company. The action focuses on claims related to misrepresentations about Venture's capability to effectively deliver...

Continue Reading
Pharmaceutical Drying Equipment Market Growth Forecast to 2029

Updated Category News Views 55

Future of Pharmaceutical Drying Equipment Market The global pharmaceutical drying equipment market is on a promising trajectory, anticipated to hit USD 8.18 billion by 2029, growing from USD 5.80 billion in 2024. This growth represents a notable compound annual growth rate (CAGR) of 7.1% during the period from 2024 to 2029, reflecting a dynamic evolution in the sector....

Continue Reading
CIIE: A Global Stage for Business Opportunities and Growth

Updated Category News Views 78

As the 7th China International Import Expo (CIIE) approaches, the air is thick with anticipation among global business players. This expo isn’t just another item on the calendar; it’s a powerhouse of opportunity designed to spice up international collaborations across various industries. The organizers have rolled out major upgrades intended to amplify the event's...

Continue Reading
AIM ImmunoTech Secures $1.26 Million in Stock Offering

Updated Category News Views 65

AIM ImmunoTech Secures Funding Through a Direct Offering AIM ImmunoTech Inc. (NYSE: AIM) has made a significant advancement by entering into a securities purchase agreement with a prominent institutional investor. The agreement details the purchase of approximately 4,653,036 shares of common stock at a transaction price of $0.27 per share. In conjunction with this...

Continue Reading
Permian Basin Royalty Trust Resolves Legal Dispute with Blackbeard

Updated Category News Views 186

Permian Basin Royalty Trust Settles Blackbeard Litigation Argent Trust Company, acting as the Trustee for the Permian Basin Royalty Trust (PBT), has successfully negotiated a settlement regarding its litigation against Blackbeard Operating, LLC. This legal matter centered around issues related to Blackbeard's management of properties in the Waddell Ranch where the Trust...

Continue Reading