MIAMI BEACH, FLORIDA – August 17, 2016 - Toron, Inc (OTC Pink: TRON) provided its stockholders today with a corporate update regarding the pending merger with private company, iMedScan Corporation. Pursuant to the definitive Agreement and Plan of Merger entered into on March 30, 2016 iMedScan will become public through an alternative public offering or “APO” transaction with Toron. On March 21, 2016, in anticipation of the closing of the merger transaction during the third quarter of 2016, Fabrizio Bosticco, the Chief Executive Officer of iMedscan, was also named Chief Executive Officer, President and Director of Toron.