CALGARY, June 10, 2014 /CNW/ - Imaging Dynamics Company Ltd. ("IDC" or the "Company") (NEX:IDL.H) today reported that is has received conditional approval for the listing of its common shares on the TSX Venture Exchange (TSX-V) as Tier 2 industrial issuer. Listing will be subject to the Company meeting certain conditions to list imposed by the TSX-V. The Company is actively proceeding to satisfy the listing conditions and obtain final approval. The Company will issue a further news release to update shareholders when the common shares commence trading on the TSX-V.
President and CEO Sidong Huang made the following comments: "I am very pleased with the decision of the TSX-V. This is an important step is re-establishing the Company in the marketplace. We thank the TSX-V staff for their assistance in the process."
About Imaging Dynamics Company (IDC):
IDC is a global medical imaging technology provider and innovative force in the high growth field of digital radiography (DR) technology.
The Company has over 3,000 installations in 50 countries of its proprietary, award winning direct capture DR technology, which replaces conventional film-based diagnostic imaging and provides a cost-effective solution for medical facilities of all sizes to provide high quality diagnostic X-ray images and improve the level of healthcare for their patients.
Throughout its history, IDC has been recognized by multiple industry organizations and research analysts such as: Frost & Sullivan and Deloitte Technology; for its dedication to innovation, global market growth, and customer focused value proposition.
The Company has its corporate office in Calgary, Canada, a business office in Hong Kong, and a representative office in 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: Sidong Huang, President and Chief Executive Officer, 1.403.251.9939 Office, 1.866.975.6737 Toll Free, [email protected]; Ms. Anna Lentz, Chief Financial Officer, 1.403.251.9939 Office, 1.866.975.6737 Toll Free, [email protected]