IMEXHS Limited announced that Colombia's National Police Force has once again selected IMEXHS as the provider for the outsourcing of its radiology department ­ which includes Computed Tomography (CT) and Magnetic Resonance Imaging (MRI) ­ and the use of its Enterprise Imaging Platform. This new contract is the renewal of the contract won by IMEXHS in December 2019, when the Company replaced the 20-year incumbent. The radiology contract for X-ray, ultrasound, mammography, interventional radiology, and fluoroscopy was also subsequently won from the incumbent in December 2021.

This new contract includes a 15% increase to the current prices and is expected to contribute $1.3m in Annual Recurring Revenue (ARR). As has been the previous practice with this customer the contract has been extended over a six-month period with an automatic three-month renewal. This new contract requires no additional capital expenditure.

Under the terms of the agreement, IMEXHS will provide Colombia's National Police Force with its Enterprise Imaging solution along with its patient portal, advanced post- processing tools, proprietary artificial intelligence tools and Nuance's voice recognition software which will seamlessly integrate across all the radiology functions in the hospital.