The Company Exhibits Strong Leadership and Growth in Executive and Director
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
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
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 governance structure."
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,
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
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 the Company.
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,
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
Mr. T.T. Lee Chairman and Chief Executive Officer 1.403.251.9939
SOURCE: Imaging Dynamics Company Ltd.
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-0- Dec/12/2012 13:00 GMT
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