Navigation Links
Southridge LLC Provides Funding Through Private Equity Agreement with Imaging Diagnostic Systems, Inc.

NEW YORK, Dec. 14 /PRNewswire/ -- Southridge LLC ("Southridge"), an investment firm that provides financing to small-cap and micro-cap companies, is pleased to announce that its affiliated fund has closed a private agreement which can provide up to $15 million in equity financing to Imaging Diagnostic Systems, Inc. (OTCBB: IMDS).

"Through the years of financing the growth of Imaging Diagnostic Systems, Southridge has paved a way for IMDS to continually produce new developments in the field of early breast cancer detection," said Stephen Hicks, founding principal of Southridge LLC.

IMDS is a revolutionary medical technology company located in Plantation, Florida, which has developed a new imaging device to aid in the detection and management of breast cancer. The Company's Computed Tomography Laser Mammography (CTLM®) system is designed to detect breast abnormalities in a non-invasive procedure through the use of non-invasive laser technology. Since the establishment of the Company in December 1994, IMDS has been engaged in the development and testing of the system. Currently seeking United States FDA approval, IMDS has commercialized the CTLM® system in certain international markets.

IMDS has entered the final stages of the FDA Pre-Market approval process for its CTLM ® patented breast imaging system. The company has received CE Marking, CMDCAS (Canada), Canadian License, UL listing, ISO 9001:2000 ISO 13485:2003 certification, China SFDA and FDA export certification, enabling sales in international markets.

Southridge seeks strategic investments in emerging growth areas, domestically and in international markets. Southridge has successfully participated in financings in markets ranging from the United Kingdom, to companies based in China and Australia and others listed on United States domestic exchanges.

About Southridge LLC

Southridge LLC is a diversified financial holding company offering a wide range of products and services, including Fund Management, Investment Banking, Merchant Banking, Wealth Management and Business Solutions. For more information please visit

SOURCE Southridge LLC

SOURCE Southridge LLC
Copyright©2009 PR Newswire.
All rights reserved

Related medicine technology :

1. New National Pharmaceutical Council Report Provides Guidance on Evaluating Comparative Effectiveness Studies
2. Simcere Pharmaceutical Group Provides Update on Jiangsu Yanshen
3. CryoLife Provides Initial 2010 Financial Guidance
4. CardioGenics Provides Update on Agreement with Merck Chimie for Its Silver Coated Paramagnetic Beads
5. Cornerstone Therapeutics Provides a Response to FDA Warning Letter on Deconsal
6. Mersana Therapeutics Provides Clinical Update from Ongoing Phase 1 Study of XMT-1001 in Patients with Advanced Solid Tumors
7. Cyberonics Provides Update on Tax Position
8. New Database from ANSI, AAMI, ASTM International, and DIN Provides Centralized Source of Information for Medical Device Professionals
9. Access Pharmaceuticals Provides Update on MuGard Commercial Launch in North America
10. GeoVax Labs, Inc. Provides Third Quarter 2009 Financial Results and Operational Update
11. Medivation Reports Third Quarter 2009 Financial Results and Provides Corporate Update
Post Your Comments:
(Date:12/1/2015)... UPPSALA, Sverige, December 1, 2015 ... Breast Cancer Study Group (IBCSG, Bern ... att ingå i en klinisk studie av palbociclib, ... --> Studien, med namn PYTHIA, ... med anti-hormonella läkemedel i kombination med palbociclib, som ...
(Date:11/30/2015)... MAPLE GROVE, Minn. and BASEL, ... Upsher-Smith Laboratories, Inc. (Upsher-Smith), through its wholly-owned ... for the further development of a novel, oral small ... cell-adhesion molecule that may be effective in the treatment ... Phase II clinical development. --> ...
(Date:11/30/2015)... Dec. 1, 2015 Express Scripts (NASDAQ: ESRX ... IMMY ) to drive access to a low-cost alternative ... of toxoplasmosis that has been recently priced out of reach ... immune systems. --> --> ... leucovorin (a form of folic acid) for $1 per capsule for ...
Breaking Medicine Technology:
(Date:12/1/2015)... (PRWEB) , ... December 01, 2015 , ... ... Luxury’s Angeleno Magazine as a Modern Man for 2015. , Angeleno Magazine ... in the United States. Established in 1994, Modern Luxury includes more than 50 ...
(Date:11/30/2015)... , ... November 30, 2015 , ... ... engine optimization companies, announced today that it has officially launched a sleek, mobile-ready ... SEO, explained that his company’s new website clearly outlines the benefits that its ...
(Date:11/30/2015)... ... December 01, 2015 , ... The Turks & Caicos Islands has enjoyed ... digital news sites highlighting Caribbean destinations, has published five reasons to visit the Turks ... America shivers under chilly grey skies or worse, it's typically a balmy 80 degrees ...
(Date:11/30/2015)... ... 01, 2015 , ... The National Association of Professional ... its VIP Woman of the Year Circle. She is recognized with this prestigious ... for professional women, boasting 850,000 members and over 200 operating Local Chapters. , ...
(Date:11/30/2015)... ... November 30, 2015 , ... Being a ... At the VA Maryland Health Care System, the Caregiver Support Program promotes the ... have a difficult job. Seventy-four percent report that their role as a caregiver ...
Breaking Medicine News(10 mins):