ISG posts strong growth, releases NT-based software

June 1, 1998

ISG posts strong growth, releases NT-based softwareMedical imaging and PACS software developer ISG Technologies reported strong financial results for its 1998 fiscal third quarter. The company realized a 16% increase in revenue for the period

ISG posts strong growth, releases NT-based software

Medical imaging and PACS software developer ISG Technologies reported strong financial results for its 1998 fiscal third quarter. The company realized a 16% increase in revenue for the period (end-March).

Revenues for the quarter were $9.1 million (Canadian), compared with $7.8 million reported in the same period last year. Net income was $108,000, compared with a net loss of $354,000 in 1997. The firm attributed the quarterly revenue growth to sales of platforms, postprocessing workstation software licenses, and contract engineering activities.

In other ISG news, the Mississauga, Ontario-based company formally released version 3.0 of its VR line of PACS viewing software. ISG demonstrated the Windows NT-based version of the software at the 1997 Radiological Society of North America meeting (PNN 1/98).