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IDC Announces Ownership Change





  

Toronto, Ontario – TheNewswire - January 13th, 2021 - Imaging Dynamics Company Ltd. ("IDC" or the "Company") (TSXV:IDL) would like to announce that there has been a change in company ownership.

In order to achieve maximum development potential including providing the best possible services to IDC customers, Shuai Wang has acquired 30.7% capital share from co-shareholders. After this acquisition, Shuai Wang totally holds 48.91% capital share of IDC and becomes the biggest shareholder of IDC. He will undertake the full responsibility for management of IDC.

Due to strategic considerations, General Medical Device Co Ltd. and Hong Chen have transferred most of their shares in IDC to their co-shareholder Shuai Wang. Following such exit and divestiture General Medical Device Co Ltd and Hong Chen have no special relationship with IDC any longer.

We believe IDC has a bright future ahead. Most of our attention will focus on introducing new products and providing better service to our customer.


About Imaging Dynamics Company (IDC):

IDC is a global medical imaging technology provider and innovative force in the high technology growth field of digital radiography (DR). Digital Radiography is a form of X-ray imaging 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 with the use of Flat Panel detectors to enhance the digital image quality and improve the level of healthcare for their patients.

 

 Visit the IDC web site:  www.imagingdynamics.com

  

For more information, please contact:
Mr. Paul Lin                                               

Chief Executive Officer                                                               

1.866.975.6737 Toll Free                                       

Paul.lin@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.

 

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.