Business
IDC to Appeal the TSX Listing Committee Decision
CALGARY , Nov. 7, 2013 /CNW/ - Imaging Dynamics Company Ltd. ("IDC" or the "Company") (...
About this update from Imaging Dynamics Company, Ltd.
[{"type":"text","content":"\n\n\nCALGARY, Nov. 7, 2013 /CNW/ - Imaging Dynamics Company Ltd. (\"IDC\" or the \"Company\") (TSX:IDL), has been informed of the decision of the Listing Committee of the TSX\n to delist the common shares of the Company effective December 9, 2013\n on the basis that IDC is now failing to meet the continuing listing\n requirements of the TSX. The Company believes that it is in the public\n interest for the common shares of the Company to be listed on the TSX\n and it will be filing an appeal in accordance with the requirements of\n the TSX to reverse the decision of the Committee.  At the same time, to\n ensure that there is an appropriate market available for shareholders\n of IDC, it is expected that representatives of the Company will enter\n into discussions with the TSX Venture Exchange (TSX V) about filing an\n application for listing the Company's common shares under the\n streamlined listing procedure of the TSX V.\n\n\nAbout Imaging Dynamics Company (IDC):\n\n\nIDC is a global medical imaging technology provider and innovative force\n in the high growth field of digital radiography (DR) technology.\n\n\nThe Company has over 3,000 installations in 50 countries of its\n proprietary, award winning direct capture DR technology, which replaces\n conventional film-based diagnostic imaging and provides a\n cost-effective solution for medical facilities of all sizes to provide\n high quality diagnostic X-ray images and improve the level of\n healthcare for their patients.\n\n\nThroughout its history, IDC has been recognized by multiple industry\n organizations and research analysts such as: Frost & Sullivan and\n Deloitte Technology; for its dedication to innovation, global market\n growth, and customer focused value proposition.\n\n\nThe Company has its corporate office in Calgary, Canada, a business\n office in Hong Kong, and a representative office in Beijing, China.\n\n\nVisit the IDC web site:  www.imagingdynamics.com\n\n\nStatements in this release which describe IDC's intentions, expectations\n or predictions, or which relate to matters that are not historical\n facts are forward-looking statements. These forward-looking statements\n involve known and unknown risks and uncertainties which may cause the\n actual results, performances or achievements of IDC to be materially\n different from any future results...