ScoutCam Unveils New Website Reflecting Increased Focus on Viewing Solutions for the… | News

The new website includes the latest innovations in condition monitoring and predictive maintenance solutions that visualize, analyze and predict malfunctions before they cause significant damage or require unplanned downtime for a variety of markets including aviation, energy, transportation, wind turbines, unmanned aerial vehicles and more

OMER, Israel, May 03, 2022 (GLOBE NEWSWIRE) — ScoutCam (OTCQB:SCTC), a leading provider of image-based solutions (including cloud image processing and AI) for condition monitoring and predictive maintenance markets, as well as a leading provider of image-based solutions for the medical device market, today announced the launch of its updated website.

Designed to provide an advanced user-friendly experience with improved navigation and functionality, the new website allows visitors to see ScoutCam’s proprietary technology in action through a variety of use case implementations that are part of the product portfolio. from ScoutCam.

“The new website marks the evolution of ScoutCam both within the company and in the way it presents itself to the outside world, with a new strategy focused on the Industry 4.0 global markets and the environment. evolving,” said Yovav Sameah, CEO. “ScoutCam’s clear strategy is reflected in our partnership with industry and our customers to help them better understand how our proprietary visualization solutions, integrated with dedicated AI image processing capabilities, enable early fault detection, helping our customers reduce downtime and overall maintenance costs.”

Visitors to the new website can stay informed of the latest ScoutCam and industry news through a new resource center with a corporate blog that will contain rich online content such as technical tips, press releases, use cases and videos.

About ScoutCam

ScoutCam is pioneering the predictive maintenance and condition-based monitoring markets with its visualization and AI platform. Pioneering the use of its visualization and AI platform in Industry 4.0 markets such as aviation, energy, mobility and transportation, camera-as-a-sensor™ technology of ScoutCam, accompanied by specially trained AI models, is deployed in hard-to-reach places and harsh environments, across a variety of predictive maintenance and condition-based monitoring use cases. ScoutCam’s platform allows maintenance and operations teams to have visibility into inaccessible areas during normal operation, or when the operating environment is not suitable for continuous real-time monitoring.

Forward-looking statements –

The information in this press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance. All statements in this press release that do not relate to historical facts should be considered forward-looking statements, including, but not limited to, the company’s plans for its updated website. In some cases, you can identify forward-looking statements by words such as “may”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential” or “continue” or the negative form of these terms or any other comparable terminology. These statements are based on information available to us at the time such statements are made or on the current expectations of our management and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed. or implied by forward-looking statements. Factors that could affect our results, performance, circumstances or achievements include, but are not limited to: (i) market acceptance of our existing and new products, including those that use our micro ScoutCam™ or provide predictive maintenance and condition-based maintenance Application Monitoring, (ii) prolonged product delays in key markets, (iii) inability to obtain regulatory approvals for the sale of our products, (iv) intense competition in the medical device and related industries from much larger multinational corporations, (v) product liability claims, product malfunctions and functionality of ScoutCam’s solutions under all environmental conditions , (vi) our limited manufacturing capabilities and reliance on third parties for support, (vii) an inability to establish sales, marketing and distribution capabilities to market our products, (viii) an inability to attract and retain qualified personnel, (ix) our efforts to obtain and maintain intellectual property protection covering our products, which may not be successful, (x) our reliance on sole suppliers for certain product components, including miniature video sensors suitable for our Complementary Metal Oxide Semiconductor technology products, ( (xi) the fact that we will need to raise additional capital to meet our business needs in the future and that such capital raising may be costly, dilutive or difficult to obtain, (xii) the impact of pandemics, such as COVID-19 (coronavirus) and (xiv) the fact that we operate in multiple foreign jurisdictions, which exposes us to currency exchange rate fluctuations, logistical challenges, chain of ap global provisioning and communications, charges and costs of compliance with foreign laws and political and economic instability in each jurisdiction. These and other important factors discussed in the company’s annual report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 30, 2022 and our other reports filed with the SEC may cause that actual results differ materially from those indicated by the forward-looking statements made in this press release. Except as required by applicable securities laws, the Company undertakes no obligation to publicly update or revise any forward-looking information.

For more information about ScoutCam and to view the updated site, please visit www.scoutcam.com.

Contact: Roee Peled, VPBD [email protected] / +972 (54) 446 8120

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