Calgary, Alberta – Feb 15, 2018 - Imaging Dynamics Company, Ltd. ("IDC" or the "Company") (TSX Venture: "IDL") is pleased to announce today that its board of directors (the “Board”) has approved a change of the Company’s auditor and the appointment of BDO Canada LLP as the Auditor of the Company.
Mr. Yucheng Zhou, IDC Chairman and CEO, commented, “We would like to thank MNP for all their dedication, work, and expertise over the past few years. Given our focus on launching new products and marketing in our traditional markets and in China and Asia, and our desire to maximize our available financial resources, we are pleased to announce that BDO Canada LLP will be a part of the next stage of IDC’s development.”
There were no reservations in MNP's (Former Auditor) reports for the two most recently completed fiscal years and ending at the date of the change of Auditor, and there have been no reportable events (as such term is defined in National Instrument 51-102 -Continuous Disclosure Obligations) between the Company and MNP.
The Company also announces that Mr. Steve Delaney is no longer a director of IDC following his resignation from the Board to focus on other activities. Mr. Yucheng Zhou, Chief Executive Officer, on behalf of the Board of Directors, wishes to thank Mr. Steve Delaney for his dedication and past service as a director of the company.
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 thousands of 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 sales and marketing office in Beijing, China, and also operations, research and development centres in Calgary, Canada and Shanghai, China. Visit the IDC web site: www.imagingdynamics.com
For more information, please contact:
Mr. Liu Yi
Chief Financial Officer
1.866.975.6737 Toll Free
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.
Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.