History
IMI was established in June 1989, and went public in 1996, raising $35 million.
In the last full year of operation, 1998, IMI reported a gross annual income of $3.8 million and a net annual income of $-13.7 million.
In May 1999, the company was delisted from Nasdaq.
On November 29, 1999, IMI filed for Chapter 11 bankruptcy protection.
On May 10, 2000, all assets were sold to Triangle Biomedical Sciences, Inc., for $2 million.
The company no longer exists, and the original web site, www.imii.com, is no longer available.
Read more about this topic: Intelligent Medical Imaging
Famous quotes containing the word history:
“All objects, all phases of culture are alive. They have voices. They speak of their history and interrelatedness. And they are all talking at once!”
—Camille Paglia (b. 1947)
“No one can understand Paris and its history who does not understand that its fierceness is the balance and justification of its frivolity. It is called a city of pleasure; but it may also very specially be called a city of pain. The crown of roses is also a crown of thorns. Its people are too prone to hurt others, but quite ready also to hurt themselves. They are martyrs for religion, they are martyrs for irreligion; they are even martyrs for immorality.”
—Gilbert Keith Chesterton (1874–1936)
“It would be naive to think that peace and justice can be achieved easily. No set of rules or study of history will automatically resolve the problems.... However, with faith and perseverance,... complex problems in the past have been resolved in our search for justice and peace. They can be resolved in the future, provided, of course, that we can think of five new ways to measure the height of a tall building by using a barometer.”
—Jimmy Carter (James Earl Carter, Jr.)