Business
IMAGING DYNAMICS Completes Rights Offering
IMAGING DYNAMICS Completes Rights Offering
About this update from Imaging Dynamics Company, Ltd.
[{"type":"text","content":"\n\n\n\n Sep. 22, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n CALGARY, Sept. 22 /CNW/ - Imaging Dynamics Company Ltd. ("IDC"\n or the "Company") (TSX: IDL), a global supplier in the high\n growth digital radiography equipment market, announced that it has\n completed its previously announced rights offering.  The Company issued\n 49,193,698 Common Shares at $0.03 per share for gross proceeds of\n $1,475,810.94.  The Company currently has 136,441,782 issued and\n outstanding Common Shares.\n \n\n The Company will use the net proceeds from the rights offering to\n provide working capital, new product introductions and for general\n corporate purposes.\n \n\n About Imaging Dynamics Company (IDC):\n \n\n IDC is a medical devices technology company and innovative force in the\n high growth field of digital radiography (DR) technology. IDC's product\n line of CCD-based X-Series direct capture technology replaces\n conventional film-based diagnostic imaging and provides a cost-effective\n alternative to flat panel (TFT) technology and computed radiography (CR)\n systems.\n \n\n Each IDC DR solution provides high resolution radiographic images in the\n digital format required for today's PACS (Picture Archiving &\n Communication Systems) and the growing requirements for the electronic\n health record, all without the use of film, environmentally unfriendly\n chemicals, cassettes or expensive imaging plates. \n \n\n Throughout its history, IDC has...