ELMSFORD, N.Y.--(BUSINESS WIRE)--AFP Imaging Corporation (OTCBB: AFPC.OB) today announced that it has entered into a definitive Agreement to acquire Quantitative Radiology, srl. (“QR”) of Verona, Italy. QR is the original global supplier for state-of-the-art, in-office 3D dental computed tomography (CT). QR uses an imaging technology that features a cone shaped beam (a CBCT scanner) of x-rays. Currently, AFP through its Dent-X division is their exclusive scanner distributor in North and South America, excluding Brazil. Upon closing, AFP will integrate the R&D and manufacturing activities as well as manage the world-wide distribution of all QR products and software. QR has internally developed and owns its proprietary, image reconstruction algorithms and software. The closing is scheduled to take place in approximately the next thirty to forty-five days.
