IDC issues notice: 2010 first quarter financial results

CALGARY, May 10 /CNW/ - Imaging Dynamics Company Ltd. (IDC) (TSX: IDL), a global supplier in the high growth digital radiography (DR) equipment market, issued notice today that it will release its 2010 first quarter (Q1) financial results at the close of trading on Friday, May 14, 2010.

IDC will host its Annual General Meeting (AGM) on Tuesday, May 18 at its Calgary office and invites all Shareholders to attend.

Mr. Tom Boon, President & CEO and Mr. Swapan Kakumanu, Executive Vice President & CFO, will speak on behalf of the Company to all attendees. Any material(s) presented at the AGM will be made available on the Investor section of the IDC Web site effective May 19, 2010.

    
    IDC Annual General Meeting - Tuesday, May 18, 2010

    Time: 3:30 p.m. MDT
    Location:  IDC Head Office
               Suite 151 - 2340 Pegasus Way N.E.
               Calgary, Alberta T2E 8M5
               403.251.9939
    

Please note: There is no Shareholder conference call scheduled at this time to discuss the release of the Q1 financial results.

About Imaging Dynamics Company (IDC):

IDC is a medical devices technology company and innovative force in the high growth field of digital radiography (DR) technology. IDC's product line of CCD-based X-Series direct capture technology replaces conventional film-based diagnostic imaging and provides a cost-effective alternative to flat panel (TFT) technology and computed radiography (CR) systems.

Each IDC DR solution provides high resolution radiographic images in the digital format required for today's PACS (Picture Archiving & Communication Systems) and the growing requirements for the electronic health record, all without the use of film, environmentally unfriendly chemicals, cassettes or expensive imaging plates.

Throughout its history, IDC has been recognized by multiple industry organizations and research analysts such as: Frost & Sullivan, Deloitte Technology, MD Buyline, KLAS Enterprises and PROFIT; for its consistent dedication to innovation, global growth and customer focused value proposition.

IDC is based in Calgary, Alberta, Canada.

Visit the IDC Web site: www.imagingdynamics.com

Statements in this release which describe IDC's intentions, expectations or predictions, or which relate to matters that are not historical facts are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties which may cause the actual results, performances or achievements of IDC to be materially different from any future results, performances or achievements expressed in or implied by such forward-looking statements. IDC may update or revise any forward-looking statements, whether as a result of new information, future events or changing market and business conditions. Known and unknown risks and uncertainties include: IDC's ability to manufacture its products with a sufficient level of quality and in volumes which satisfy market demand; the ability of IDC to establish direct and indirect sales channels; the ability of IDC to establish industry partnerships; IDC's ability to attract and retain key personnel; the strength and breadth of IDC's patents; and other factors relating to general economic conditions, specific industry conditions and IDC's particular situation.

SOURCE Imaging Dynamics Company Ltd.

For further information: For further information: Swapan Kakumanu, Executive Vice President & Chief Financial Officer, (866) 975-6737, investor@imagingdynamics.com

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