Ann: Quarterly Cash Flow & Business Update, page-8

Hi Guys
Carestream are being cagey about selling Nano piecemeal and have tsken a cautious approach but this is a frustration for MX1 from what I gleaned at the AGM. The customers have been trialling some of the units Carestream bought for inventory with all reportedly loving it. I suspect MX1 will be looking to pull some levers to accelerate hard sales. They are bound to keep specific sales confidential but inferred was expectation of sales well in the multiples of 10s over coming year in AGM verbal comments.

The sales will gather momentum over coming months in my opinion but Carestream needs some prodding.

The distraction at the moment is the negotiation of a global partner and we are all disappointed with the delays there.