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NeuroLogica Settles Lawsuit Against Analogic Corporation (ALOG)



9/8/2011 6:40:33 AM

DANVERS, Mass.--(BUSINESS WIRE)-- NeuroLogica Corporation (http://www.NeuroLogica.com) announced today that the law suit which it had initiated against Analogic Corporation, Peabody, Mass. has been amicably settled. That law suit claimed that certain allegations and investigations initiated by Analogic were unfounded, had caused financial harm to NeuroLogica and were damaging to the reputation of NeuroLogica’s founders. According to philanthropist, Bernard M. Gordon -- Chairman and a Founder of NeuroLogica, as well as the Founder and Chairman Emeritus of Analogic -- Analogic’s allegations and investigations have been terminated and each party has released the other from all legal claims in accordance with a confidential, mutually-agreeable settlement.

About NeuroLogica

NeuroLogica Corporation specializes in the design and manufacture of cutting-edge medical imaging equipment bringing the power of imaging to the patient. The Company’s product lines include: the CereTom® portable battery-operated neurological scanner, the inSPira HD™ high-resolution single-photon emission neurological scanner, and its newest product the revolutionary BodyTom™ a completely portable full-body 32-slice tomography system which can be easily transported throughout a clinic, from intensive care unit to operating room or the emergency trauma department.

Contact:

NeuroLogicaJeffrey Cohen, +1 978-564-8512CFOjcohen@neurologica.com


Read at BioSpace.com


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