IMRIS announces new organization structure to facilitate ongoing market expansion

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IMRIS Inc. ("IMRIS" or the "Company") today announced a new organization structure designed to position the Company to continue to meet the growing global demand for IMRIS solutions.

"Our Company is experiencing excellent growth," said David Graves, Chairman and CEO. "With expansion into new geographic markets and strong growth in the IMRIS customer base, we are implementing a new structure that will facilitate our ongoing market expansion and further strengthen our customer focus by moving decision making as close to the customer as possible."

Edward Richmond, President & COO - Effective January 1, 2010 all aspects of customer engagement will be under the leadership of Edward Richmond who has been appointed President & Chief Operating Officer. Mr. Richmond joined IMRIS in 2006 and has previously headed up operations and customer solutions at the Company. In his new role, Mr. Richmond will lead the day to day management of IMRIS reporting to the CEO.

Under the new structure, regional organizations are being established and will be responsible for sales, customer service, program management and product sales support. The regional organizations will be led by the following new appointments, reporting directly to Mr. Richmond:

Peter Richards, Vice President & General Manager, Americas. Mr. Richards has held senior roles with Philips Medical Systems, Toshiba America Medical Systems and joins the Company from Siemens Healthcare where he was Vice President Sales. He holds a Bachelor of Science from the University of Maine and an Associate of Science Degree in Radiologic Technology.

Hartmut Warnken, Vice President & General Manager, Europe & Middle East. Most recently Mr. Warnken served as IMRIS's Director Customer Solutions for Europe. Prior to joining IMRIS, he worked at BrainLAB and holds a degree in Architecture, a Masters of Engineering and an MBA.

Functional groups based at the Company's corporate office will complement the regional organizations, delivering customer service, marketing, operations and research and development capabilities to meet the needs of IMRIS's customers and ensure quality and consistency of performance around the world.

"Today's announcement reflects the progress we are making in growing our business globally," added Mr. Graves. "Under Ed's leadership, and with the support of our new regional Vice Presidents and the tremendous depth of talent within our functional teams, IMRIS is well equipped to move forward. I'm pleased to have Ed take on this new role and look forward to his expanded contribution as a key member of our senior team."

Source: IMRIS INC.

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