ScoutCam interview aired on Bloomberg the RedChip Money
Omer, Israel, May 20, 2022 (GLOBE NEWSWIRE) — ScoutCam Inc. (OTCQB: SCTC) (“ScoutCam” or the “Company”), a leading provider of image-based solutions (including cloud and imaging) for the Condition Monitoring (CBM) and Predictive Maintenance (PdM) markets, as well as a leading provider of image-based solutions for the medical device market, announced today today that an interview with the company’s CEO, Yovav Sameah, will air on The RedChip Money Report® on Bloomberg TV, May 21 at 7 p.m. ET. Bloomberg TV is available in approximately 73 million homes across the United States.
The RedChip Money Report® provides insightful commentary on small cap investing, interviews with Wall Street analysts and financial book reviews, and interviews with public company executives.
“We welcome the opportunity to showcase our solutions and explain the unique, patented value proposition that ScoutCam offers across multiple verticals in the context of Industry 4.0,” Sameah said.
To view the interview segment, please visit:
ScoutCam is pioneering the predictive maintenance and condition-based monitoring markets with its visualization and AI platform. Pioneer in the use of its visualization and artificial intelligence platform in Industry 4.0 markets such as aviation, energy, mobility and transport, ScoutCam’s camera as sensor™ The technology, along with specially trained AI models, is deployed in hard-to-reach places and harsh environments, in 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.
For more information, please visit https://www.scoutcam.com.
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. 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 using our ScoutCam micro™ technology or offer predictive maintenance and condition-based monitoring applications, (ii) long 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 in all environmental conditions, (vi) our limited manufacturing capabilities and reliance on third parties for support, (vii) an inability to establish sales, marketing and distribution 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 i may not be successful, (x) our reliance on a single supplier for certain product components, including miniature video sensors suitable for our Complementary Metal Oxi from Semiconductor Technology Products, (xi) the fact that we will need 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, exposing us to currency exchange rate fluctuations, logistical, global supply chain and communications challenges, burdens 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.
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