Capstone Therapeutics ‘Puts’ Stockholders First; Company to Propose Stockholder Put for Approval at Annual Meeting

GLOBE NEWSWIRE -- OrthoLogic Corp., d/b/a Capstone Therapeutics (Nasdaq:CAPS - News) (the Company) announced today that it intends to propose at its 2010 Annual Meeting of Stockholders–currently scheduled for May 21, 2010–an amendment to its Certificate of Incorporation to provide each holder of its Common Stock as of the record date of June 30, 2011 with the right, under certain circumstances, to require the Company to purchase all or a portion of such holder’s Common Stock for cash at a formula-based price on or about July 31, 2011 (the “Put Right”).