CALGARY, Feb. 12 /PRNewswire-FirstCall/ - Imaging Dynamics Company Ltd. ("IDC" or the "Company") is pleased to announce the appointment of Garry Zurowski, B Comm, CA as a member of the Board of Directors.
Mr. Zurowski is a retired partner of Collins Barrow Calgary LLP, Chartered Accountants, with experience in private and public companies including manufacturing, and property developers. His expertise is in auditing, planning, management advice and other areas offered by public accounting firms. Mr. Zurowski has been a director of Global Railway Industries Ltd. since December 2005. "Mr. Zurowski brings depth to the Board as we move toward the next phase of our company's growth and profitability," said John Ramsay, Chair of the Board.
Mr. Stuart Hensman has resigned effective immediately as a member of the Board, and as Chair of the Audit Committee. IDC wishes to thank him for his leadership and active role on the Board, and as Chair of the Audit Committee for the past two and a half years. Garry Zurowski has been appointed as the Chair of the Audit Committee.
IDC is an emerging world leader in providing affordable Digital Radiography (DR) systems. IDC Xplorer Direct Capture technology replaces conventional film based X-ray and provides a cost effective alternative to inefficient cassette based Computed Radiography (CR) systems. The IDC Xplorer provides the industry's highest resolution radiographic images in the digital format needed for modern Electronic Medical Records networks, without the use of film, chemistry, cassettes or expensive imaging plates. IDC is based in Calgary, Alberta, Canada and trades on the TSX under the symbol "IDL" and has approximately 58.4 million shares outstanding.
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: the early stage of commercialization of IDC's products; the infancy of the digital radiography industry in general; 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.
Imaging Dynamics Company Ltd.
CONTACT: visit www.imagingdynamics.com, or contact: Darryl Stein,President & CEO, Imaging Dynamics Company, 1-866-975-6737,firstname.lastname@example.org