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LED Medical Diagnostics (V.LMD) launches imaging software and appoints industry leader, up 6%

Gaalen Engen Gaalen Engen, .
0 Comments| April 24, 2014

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LED Medical Diagnostics (TSX:V.LMD, Stock Forum), a Burnaby British Columbia-based manufacturer of an oral cancer screening system utilizing tissue florescence visualization technology, announced today that the company’s wholly-owned US operating subsidiary, LED Dental, will be attending this year’s American Association of Orthodontists (“AAO”) annual session in New Orleans with two major corporate updates.

In a sneak peak before the conference, LED announced the launch of its LED Imaging software to integrate with the company’s portfolio of imaging technologies.

The company also revealed that it had added 30-year industry veteran, Tom Kearney, to its LED Imaging team in order to assist LED with its future endeavors in the orthodontic market.

According to the news release, “Kearney, an original founder of OrthoTrac software, helped establish the product as a premier orthodontic practice management software around the world in markets such as the U.S., the United Kingdom and Australia.”

The release went on to note that Kearney’s first duty is to assist with the recent launch of LED Imaging’s flagship digital extraoral imaging system which enables practitioners to capture, manipulate, save, store and share clinical images quickly and easily.

LED Dental president, Lamar Roberts, commented, “I've had the pleasure of working with Tom for many years during my tenure at Carestream Dental, and I'm very excited for the opportunity to work with him again.”

He then added, “Our number one goal is to provide the dental industry with top-of-the-line imaging and software products, so we're excited about all of the announcements we've made recently.”

Then he concluded, “We've accomplished so much already in 2014, and it's just the beginning - we have a very bright future ahead.”

LED Medical Diagnostics was in the news recently when the company partnered with the University of Tennessee Health Science Center, College of Dentistry to provide students with advanced imaging technology two days ago.

Shares bumped 6.00% on the news to $0.53 per share.

Currently there are 73.8m outstanding shares with a market cap of $39.1 million.


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