LED Medical Diagnostics Inc. Names Wayne Rees as Senior Vice President of LED Dental Inc. Subsidiary
Dental Industry Veteran to Oversee Sales and Marketing for VELscope Vx® Technology
BURNABY, British Columbia February 25, 2013 - LED Medical Diagnostics Inc. ("LED Medical", "the Company"), a developer of tissue visualization detection technologies for the medical industry, is pleased to announce the appointment of Wayne Rees as Senior Vice President of its wholly-owned subsidiary, LED Dental Inc. (LED Dental).
Mr. Rees is a 30-year veteran in the dental and medical products industry, and previously held several key positions at LED Dental, including most recently running its Canadian sales and marketing operations. Prior to joining LED Dental, Mr. Rees co-founded a dental company that was ultimately sold to PracticeWorks, Inc., which in turn was purchased by Eastman Kodak for $468 million in 2003. Mr. Rees subsequently served as Vice President of PracticeWorks Canada, which was renamed Kodak Dental.
Mr. Rees' primary responsibility will be to manage LED Dental's internal operations and to oversee its relationship with Den-Mat Holdings, LLC, which became the exclusive worldwide distributor for its VELscope Vx® Enhanced Oral Assessment System late in 2012.
"Wayne has an impressive history of success within the dental industry and is ideally suited for the role of Senior Vice President," states Peter Whitehead, founder and CEO of parent company, LED Medical Diagnostics Inc. "Wayne has an unparalleled understanding of how our state-of-the-art VELscope Vx® technology can benefit dental practices and patients alike, and he will ensure that LED Dental achieves its considerable potential."
About LED Medical Diagnostics Inc.
Founded in 2003 and headquartered in Burnaby, British Columbia, Canada, LED Medical Diagnostics Inc. is a leading developer of LED-based visualization technologies for the medical industry. The Company is currently listed on the Toronto Stock Exchange (TSX-V) under the symbol LMD as well as the Frankfurt Stock Exchange under the symbol LME.
Through its wholly-owned subsidiary, LED Dental Inc., the company manufactures the VELscope Vx® Enhanced Oral Assessment System, the first system in the world to apply tissue fluorescence visualization technology to the oral cavity. VELscope Vx® devices are now used to conduct more screenings for oral cancer and other oral tissue abnormalities than any other adjunctive device. To date, there have been more than 13,000 VELscope Vx® systems installed globally and they have been used to perform more than 25 million oral screenings. For more information, visit www.leddental.com.
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Forward Looking Statement
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