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LED Medical Diagnostics Inc
Symbol LMD
Shares Issued 373,833,872
Close 2017-09-15 C$ 0.055
Market Cap C$ 20,560,863
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LED Medical's Apteryx wins cloud imaging contract

2017-09-18 12:03 ET - News Release

Mr. David Gane reports

AMERICAN DENTAL PARTNERS SELECTS LED MEDICAL DIAGNOSTICS SUBSIDIARY APTERYX AS CLOUD IMAGING SOFTWARE PROVIDER

American Dental Partners (ADPI) has selected LED Medical Diagnostics Inc.'s wholly owned subsidiary, Apteryx Inc., as its provider for cloud dental imaging software technologies. American Dental Partners will transition its entire network -- nearly 300 U.S.-based dental and specialty practices -- to Apteryx's XVWeb cloud imaging technology within the next 12 months.

Founded in 1995, ADPI enables affiliated practitioners to focus on exceptional patient care while receiving the business services required to build vibrant, profitable practices that serve their local communities. American Dental Partners continues to evolve with the dental industry, integrating the workflow, patient care and financial benefits that come with investments in next-generation imaging technologies.

"Apteryx's XVWeb cloud imaging software will bring about a fundamental shift in our business," stated Todd Seward, chief information officer of ADPI. "The move from traditional server-based imaging software will profoundly reduce our IT hardware expenses, which has always been a key consideration when assessing our needs. With XVWeb, ADPI is getting state-of-the-art imaging software capabilities that will also drastically improve the workflow for our practices, enabling patient images to be centrally stored and accessible in real time from any of our providers."

Apteryx, a leading developer of dental imaging software technologies, places an emphasis on open-architecture infrastructures that seamlessly integrate with imaging hardware and practice management software. This focus on ease of integration has been critical in many of Apteryx's key client relationships, including exclusive dental imaging software partnerships with the U.S. Army and U.S. Navy.

XVWeb, a software-as-a-service (SaaS) solution, is the latest evolution in imaging software technologies from Apteryx. XVWeb moves dental imaging software functionality to the cloud and makes patient imaging data accessible 24 hours a day, seven days a week through any Web-connected device, in addition to providing immediate off-site backup of acquired image data for enhanced HIPAA-compliant (Health Insurance Portability and Accountability Act of 1996) security. Both 2-D radiographs and 3-D data sets can be stored and visualized through XVWeb on any Web-enabled device.

"LED and Apteryx provide an exceptional value proposition for group practices and dental support organizations (DSOs) and we are honoured to found a new partnership with American Dental Partners, one of the premier DSOs in the country," remarked Lamar Roberts, president of LED and Apteryx. "XVWeb's exceptional image viewing, analysis and enhancement tools provide significant budget savings when compared to traditional server-based imaging. XVWeb is unique in its interoperability with the vast majority of digital sensors and imaging systems on the market, allowing practices to continue utilizing their existing imaging hardware investment without the need to purchase new equipment. This is a significant advantage when considering the vast number of practices involved in these DSO groups."

About LED Medical Diagnostics Inc.

Founded in 2003 and headquartered in Vancouver, B.C., LED Medical Diagnostics, through its wholly owned subsidiaries LED Dental Inc., LED Dental Ltd. and Apteryx, has provided dentists and oral health specialists with advanced diagnostic imaging products and software for over 20 years, in addition to developing the award-winning VELscope Vx tissue fluorescence visualization technology.

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