Intelligent Medical Imaging - History

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.

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