The Company Exhibits Strong Leadership and Growth in Executive and
Director Level Management
CALGARY, Dec. 12, 2012 /CNW/ - (TSX: IDL) - Imaging Dynamics Company,
Ltd. (the "Company") is pleased to announce the appointment of new
membership to its Audit and Compensation Committees and the appointment
of a new Corporate Secretary.
The Audit Committee will be chaired by Mr. Donald Brown with Mr. Earl
Lande and Mr. Murray Wigmore as members. The Compensation Committee
will be chaired by Mr. Earl Lande with Mr. Murray Wigmore and Mr. T.T.
Lee as members. Mr. Jeffrey Graham has been named as the Corporate
Secretary of the Company
In announcing the appointments, Mr. T.T. Lee, Chairman and Chief
Executive Officer for IDC, indicated, "I am very committed to the
success of the Company. The changes in leadership announced today and
in recent weeks illustrate the commitment we have to strengthen our
Additional Board Member information:
Mr. Donald Brown, C.A., C.F.P., has wide ranging experience in
manufacturing, distribution, financial services, technology and various
business services. A former partner of KPMG, a global professional
services firm and predecessor partnerships, he is currently the
Managing Director of Catalyst Strategies, Inc.
Mr. Earl Lande is the former President and Chief Executive Officer of
Roynat Capital Inc., a subsidiary of the Bank of Nova Scotia; a leading
financial institution in Canada.
Mr. Murray Wigmore has extensive experience and progressive leadership
in corporate and operational positions in both life and health
sciences, and Information Technologies most recently as a vice
president responsible for commercial operations in the Asia Pacific
region for an international medical and scientific device company.
Mr. Jeffrey Graham is a partner and head of the national life sciences
practice with Borden Ladner Gervais, LLP, one of Canada's leading life
sciences legal firms. He was the founding President of Toronto
Biotechnology Initiative (now Life Sciences Ontario), and is Chair and
President of Bioscience Education Canada, and a director of BioFinance
Canada. He has over 25 years of experience working with early stage
and emerging medical device and other technology companies in all
facets of their business operations.
Dr. Sidong Huang, Senior Vice President, IDC and Mr. T.T. Lee, Chairman
and Chief Executive Officer, IDC round out the Board of Directors for
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 with over
3,000 installations in 50 countries. IDC's product line of CCD-based
X-Series direct capture technology and innovaXion Flat Panel technology
replaces conventional film-based diagnostic imaging and provides a
cost-effective solution for producing high quality diagnostic images,
enhancing patient care and improving workflow; all without the use of
film, environmentally unfriendly chemicals, and cassettes.
Throughout its history, IDC has been recognized by multiple industry
organizations and research analysts such as: Frost & Sullivan, Deloitte
Technology and PROFIT; for its dedication to innovation, global growth,
and customer focused value proposition.
The IDC head office is based in Calgary, Canada with business offices in
Hong Kong and Beijing, China.
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:
Mr. T.T. Lee
Chairman and Chief Executive Officer