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LED Medical Diagnostics in Exclusive Canadian Distribution Agreement With Samsung’s Ray Co.

Investing News Network
Dec. 08, 2014 07:16AM PST
Life Science Investing

LED Medical Diagnostics Inc. (TSXV:LMD,OTCQX:LEDIF,FWB:LME) announced an exclusive one-year distribution agreement with Ray Co., Ltd., a Samsung subsidiary, for exclusive distribution of the RAYSCAN Alpha in Canada. The Company also reported that Health Canada has approved the RIOSensor, as well as Alpha Panoramic and Cephalometric capabilities and is expected to approve RAYSCAN’s cone beam computed tomography before the end of the year.

LED Medical Diagnostics Inc. (TSXV:LMD,OTCQX:LEDIF,FWB:LME) announced an exclusive one-year distribution agreement with Ray Co., Ltd., a Samsung subsidiary, for exclusive distribution of the RAYSCAN Alpha in Canada. The Company also reported that Health Canada has approved the RIOSensor, as well as Alpha Panoramic and Cephalometric capabilities and is expected to approve RAYSCAN’s cone beam computed tomography before the end of the year.

As quoted in the press release:

“We are very pleased to have negotiated an exclusive distribution agreement for Canada with Ray Co. for the RIOSensor and RAYSCAN Alpha – Expert” stated CEO Dr. David Gane. “This means that we now have distribution rights to Canada and the United States, the largest digital imaging technology market in the world. This marks yet another step for LED Medical in becoming a leading player in the digital dental imaging technology market”.

Click here to read the LED Medical Diagnostics Inc. (TSXV:LMD,OTCQX:LEDIF,FWB:LME) press release
Click here to see the LED Medical Diagnostics Inc. (TSXV:LMD,OTCQX:LEDIF,FWB:LME) profile.

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