Ivivi Technologies, Inc. Enters Into Asset Purchase Agreement; Deal is Worth Approximately $3 Million
MONTVALE, N.J., Sept. 24, 2009 (GLOBE NEWSWIRE) -- Ivivi Technologies, Inc. (OTCBB:IVVI), a leader in non-invasive, electrotherapy systems, today announced that it has entered into an asset purchase agreement to sell substantially all of the assets of the Company to an entity controlled by Steven Gluckstern, the Company's Chairman, President, Chief Executive Officer and Chief Financial Officer.