Appointment of Three Directors with Industry Expertise to Support Company's Strategic Direction
CALGARY, Nov. 2, 2012 /CNW/ - (TSX: IDL) - Mr. T. T. Lee, Chairman and Chief Executive Officer of Imaging Dynamics Company Ltd. ("IDC" or the "Company"), is announcing the appointment of; Mr. Donald Brown, Mr. Earl Lande, and Mr. Murray Wigmore as Directors of the Board effective November 15, 2012.
"I am very pleased that IDC has been able to attract to its Board such a distinguished group of new directors with senior and relevant business and financial experience. I know I speak for my fellow current directors when I say that we see this as a very important step to allow us to effectively implement the new strategic direction for the Company," stated Mr. Lee.
IDC is pleased to introduce the following new Directors:
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 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.
Mr. Murray Wigmore has more than 25 years of experience in progressive leadership, corporate, and operational positions in life / health sciences and IT most recently as a Vice President responsible for commercial operations in the Asia Pacific region for an international medical and scientific device company.
Additional announcements with respect to the leadership at the Company will follow in the coming days.
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 approximately 3000 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 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