IDC Recognized for its Globally Successful Digital Radiography (DR)
Technology
CALGARY, June 18 /CNW/ - IDC (Imaging Dynamics Company) (TSX: IDL) is pleased to announce that it has received the Frost & Sullivan North American Technology Innovation of the Year Award for 2007. The award, received June 13th in Newport Beach, CA, recognizes the quality and depth of the company's research and development program as well as the vision and risk-taking that enabled it to undertake such an endeavor.
According to research done by Frost & Sullivan, "It has to be recognized that IDC has made a significant breakthrough on the digital imaging front in that it represents a viable alternative for front end digital capture by employing a single, very high density charge coupled device (CCD) camera. In addition, the technology offers a platform to produce high quality, digital X-ray images using low dose, and at the lowest system cost."
By launching our newest DR technology, the X-Series, in early July at the American Healthcare Radiology Administrators (AHRA) conference, we will demonstrate our commitment to constant innovation," states Robin Winsor, Chief Technical Officer. "This new technology platform is evidence of the dedication IDC has toward ensuring the highest quality of X-ray technology is a viable option to all levels of healthcare, from the large hospitals in the West to cash-starved rural clinics and developing countries. The advancements we've made to the science for our core imaging technology is a major step forward for IDC and our manufacturing partners."
"This award is a great honor to receive from the respected Frost & Sullivan organization," states Rick Sbordone, Senior Vice president, IDC. "It is gratifying to see the success of our technology, both in terms of orders and industry recognition. The company has achieved over 600% growth globally in the past 3 years. IDC continues to prove that high quality technology and affordability are not mutually exclusive."
IDC is recognized as a leading technologically innovative company for the significant contributions it has in the medical imaging industry. IDC now has over 1000 DR installations in more than 40 countries.
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.frost.com.
About Best Practices
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.
About IDC
Imaging Dynamics Company (IDC) is a medical technology company and an innovative force in the fast-growing field of digital radiography (DR) technology. IDC's X-Series of direct capture technology replaces conventional film-based X-rays and provides a cost-effective alternative to cassette based film or computed radiography (CR) systems.
Each IDC DR solution provides the industry's highest resolution radiographic images in the digital format required for today's electronic medical record networks, all without the use of film, environmentally damaging chemicals, cassettes or expensive imaging plates.
IDC is based in Calgary, Alberta, Canada.
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.