** Shares of medical imaging systems provider Mach7 Technologies M7T.AX rise as much as 7.6% to A$0.355, their highest levels since June 6

** Co amends license agreement with an unnamed U.S.-based radiology marketplace by extending contract term to 5 years and the value to A$5 million ($3.24 million) along with adding two more products in the agreement

** Original contract was signed for 2 years at A$2 million

** About 232,165 shares change hands, 1x the 30-day avg

** Stock down 16.3% YTD, including moves in current session

($1 = 1.5427 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((JasmeenAraIslam.Shaikh@thomsonreuters.com;))