Imaging Dynamics Company Ltd. announced that it has established a subsidiary company in the Shanghai Free Trade Zone in China to expand IDC's business in the China market for the following purposes: to set up an IDC Shanghai R&D Centre in China, and to explore, develop and market new medical industry related products for sales in this region and throughout the global marketplace.

The company announced that Mr. George Chen has resigned as a Director of the Board of Directors of IDC to pursue other endeavors.