The Israeli medical imaging vendor Nanox says it has a vision for the future of healthcare to address health disparities and lack of access to care. It envisions a new business model and plans to leverage a package of new technologies, including cold-cathode X-ray technology to help reduce costs, coupled with a new and inexpensive imaging system that combines teleradiology with artificial intelligence (AI). The business model is to enable any clinic or hospital in the developing world or rural areas to access its technology and no upfront costs using a pay-per-exam fee. The exams will be read by remote teleradiologists, including subspecialists, and AI will help augment clinical staff and radiologists to offer additional health screenings for all patients scanned. After a few years of talk, the vendor now appears on the edge of making this a reality.

Ran Poliakine, Chairman and CEO and Erez Meltzer, Director, will host industry experts and Nanox team members to share the Company's AI vision of the integration of the AI technologies with the Nanox.ARC and Nanox.SOURCE NEVE ILAN, Israel, Sept. 24, 2021 (GLOBE NEWSWIRE) -- NANO-X IMAGING LTD ("Nanox" or the "Company," Nasdaq: NNOX), an innovative medical imaging technology company, today announced that Ran Poliakine, Chairman and Chief Executive Officer, and Erez Meltzer, Director (appointed CEO effective January 1, 2022), will host a Nanox AI Vision event. About Nanox: Nanox, founded by the serial entrepreneur Ran Poliakine, is an Israeli corporation developing a commercial-grade digital X-ray source designed to be used in real-world medical imaging applications. Nanox believes that its novel technology could significantly reduce the costs of medical imaging systems and plans to seek collaborations with world-leading healthcare organizations and companies to provide affordable, early detection imaging services for all. For more information, please visit www.nanox.vision. Forward-Looking Statements This press release may contain forward-looking statements that are subject to risks and uncertainties.

X-rays are taken for granted in the western world, but the World Health Organization believes that close to two-thirds of the global population do not have reliable access to diagnostic imaging. The cost of the equipment alone is prohibitive in many developing countries, as well as the cost of maintaining and powering the hardware, which can run into several million dollars. Nanox claims that its "digital" X-ray machine, a Star Trek-inspired biobed called the Nanox Arc, is cheaper to use, easier to maintain and doesn't require installation in a hefty hospital facility. The company gave its first live demonstration of the technology earlier this week. The presentation came from its Israel HQ, broadcast to the (online-only, thanks to COVID) Radiological Society of North America's annual conference.