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Imaging3 Announces Director and Officer Liability Insurance Quotations

Imaging3 Announces Director and Officer Liability Insurance Quotations.

articleGrapefruit Usa Inc.October 12, 20175/company/grapefruit-usa-inc/news/imaging3-announces-director-and-officer-liability-insurance-quotations
Imaging3 Announces Director and Officer Liability Insurance Quotations

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[{"type":"text","content":"\n\n BURBANK, Calif., Oct. 12, 2017 (GLOBE NEWSWIRE) -- Imaging3 (OTCQB:IGNG) announced today that it has received three separate quotations from insurance carriers for directors and officers liability insurance coverage. The Company intends to make a final decision on which offer to accept and to institute coverage by the end of October. This sets the stage for Imaging3 to bring on a CEO and other world-class personnel to fill key executive and board positions.\n Dane Medley, president, stated: “This is a necessary step as we gear up for success, and it continues the momentum towards our goal of becoming an exchange listed company offering a disruptive imaging technology to a technologically stagnant health-imaging market.” About Imaging3, Inc. Imaging3, founded in 1993, has developed a patented medical imaging technology, called SmartScan™, that will produce 3D x-ray images, virtually in real time. The SmartScan technology will allow healthcare professionals to perform diagnostic and therapeutic procedures more quickly and accurately, resulting in higher throughput for the clinicians and fewer safety risks for the patient. In addition, Imaging3’s technology exposes patients to significantly less harmful radiation than current imaging technologies such as CT scans, which the company believes will allow scans to be used in more pediatric applications than are currently prescribed. The technology also allows for greater portability, easier installation, and a significantly reduced cost burden for the healthcare system overall. Imaging3 is planning to submit a 510K application to the FDA in order to gain approval to commercialize the SmartScan technology. Visit the company’s website at http://www.imaging3.com for detailed information about the Company’s technology. Safe Harbor Statement Imaging3 cautions you that any statement included in this press release that is not a description of historical facts is a forward-looking statement. Many of these forward-looking statements contain the words \"anticipate,\" \"believe,\" \"estimate,\" \"may,\" \"intend,\" \"expect\" and similar expressions. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based ...

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