General, page-54

Used to loosely follow when I was a holder of ALC as its similar to their offering but don't much anymore - My understanding is their product suite is more of patient management/care software aimed using data around hospitals and other equipment to help the hospitals become more efficient (open to correction on this as I didn't dig to deep into them) This type of software is hard to penetrate into hospitals and requires large overheads in the form of headcount as there is a lot of training and maintenance required but is very sticky revenue

They are sitting at $140m mcap so I'd be happy if we got up to those valuation as thats 7x current levels!

I'm looking forward to the TechKnow conference as the morning of the first one the company has to release an updated investor presentation, this is well overdue and should have been much early but it seems like the company wanted to be sure of what direction they are taking. The file transfer and education seem to be the focus rather than the scan to surgery, much like BeamTree scan to surgery would require lots of training etc so the low touch file transfer is my preference, the file transfer still incorporates the bones and benefits of 3Dicom as it still has all the 3D features but it means rather than chasing 10 doctors here or 50 doctors there they can chase much larger pools of people who then use the system and become long time uses. I think the new software allows them to chase a much wider pool both geographically but also different pathways, the file transfer has seen US Veterans signed up and MOU with other healthcare distributers (MedicalIP) so it has many use cases which is going to help us work towards a large contract. The pivot to the recently released desktop version makes the system much more user friendly for hospitals and also radiologist (see below more detail on that)

So long answer I don't see them as competition but it shows the appetite for successful MedTech stocks, the difference is they have continued success and good size contracts. SHG need to start landing some bigger deals or deals that will lead to bigger deals. The days of trading with no volume shows to me that people are waiting to results before deciding to buy or sell.

This time next week we will be discussing the much anticipated Investor Presentation, I'm unsure if TechKnow Stream live but I know they update their YouTube Channel fairly quickly after each Session.

(see previous post about radiologist visit -

We are becoming a much older population and a society that wants access to our own data/information quickly and easily