Image Technology Laboratories, Inc. Announces New Director of Finance and Marketing
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KINGSTON, N.Y.--(Business Wire)-- Image Technology Laboratories, Inc. (PK.IMTL) is pleased to announce the recent addition of Dara F. Edwards to its executive team as Director of Finance and Marketing. "Ms. Edwards is a dynamic professional and an enormous asset to our team," said Chairman Lewis M. Edwards. "Her academic credentials and solid background in the financial markets, particularly important in this difficult economic climate, will focus the company on the expansion of our existing product line and customer base, as well as develop new growth opportunities." As Director of Finance and Marketing, Ms. Edwards` responsibilities include general financial oversight, business methodology improvement, identification and development of new market opportunities, and strategic growth initiatives for the Company`s existing RIS / PACS products. Prior to joining Image Technology Laboratories, Ms. Edwards was an Assistant Vice President with Bank of America where she worked as a GMIS Finance Global Controller in Derivatives Operations and previously for Merrill Lynch as both an Equity and Fixed Income Analyst with the Institutional Advisory Division, a sales group targeted at middle market institutional clients. Ms. Edwards earned her MBA from the Lally School of Management and Technology at Rensselaer Polytechnic Institute in 2006 with a concentration in Finance, and her BA from Princeton University in 2003. Ms. Edwards interned at Image Technology Laboratories, Inc., as well as in the Radiology Department at The Kingston Hospital (NY). "Image Technology Laboratories will continue to position itself as a significant player in the healthcare information technology field, especially in strategic HIT markets such as electronic medical records, a key component in this evolving industry," Ms. Edwards said. "We will leverage the Company`s demonstrated expertise in advanced software technologies, networking, servers, databases, archives, and standards to ensure that Image Technology Laboratories continues to pursue excellence and value for our customers and shareholders." ABOUT IMAGE TECHNOLOGY LABORATORIES, INC: ITL is a medical image and information management company in the healthcare information technology (HIT) market. The Company has developed a single database "Radiology Information System / Picture Archive and Communication System," known as RIS / PACS, for use in the management of patient information and medical images by hospitals and diagnostic imaging centers. ITL`s WarpSpeed RIS / PACS is a HIPAA-compliant business solution for the practice of radiology or medical imaging in a clinical practice. Through its unique and flexible architecture, the ITL WarpSpeed RIS / PACS offers, in a single system, a product that can encompass all facets of the business of radiology / medical imaging. It cost effectively scales from small imaging centers and clinical practices to large hospital enterprises, including interfacing with Hospital Information Systems (HIS) via HL7. Many of the subsystems within the ITL WarpSpeed RIS / PACS may be de-configured to reduce costs in installations where the function is not required or is provided by an existing non-ITL product. At the heart of the system is the workflow manager that assigns and routes units of work across the enterprise, able to link hospitals and multiple freestanding centers that have a business relationship to form one large cooperative radiology practice. Diagnostic images and reports produced within the ITL WarpSpeed system are immediately and securely accessible to authorized and authenticated clinical practitioners via the ITL WebViewer over the internet and/or intranet via the ITL WebServer. Safe Harbor Statement The information contained in this press release, including any "forward looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 contained herein, should be reviewed in conjunction with the Company's Annual Report and other publicly available information regarding the Company, copies of which are available from the Company upon request. Such publicly available information sets forth many risks and uncertainties related to the Company's business and such statements, including risks and uncertainties related to that are unpredictable and outside of the influence and/or control of the Company. ITL Corporate Headquarters: 602 Enterprise Drive, Kingston, NY 12401. For information call (845) 338-3366. Image Technology Laboratories, Inc. Dara Edwards, 845-338-3366 x-7013 dedwards@imagetechlabs.com www.imagetechlabs.com Copyright Business Wire 2009
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