Ivivi Technologies, Inc. Announces Exercise Of Underwriters’ Over-Allotment Option For 250,000 Shares Of Common Stock

NORTHVALE, N.J.--(BUSINESS WIRE)--Ivivi Technologies, Inc. (AMEX: II) (the “Company”) today announced the closing of the sale of 250,000 shares of its common stock pursuant to the partial exercise of the over-allotment option granted to the underwriters in connection with the initial public offering of the Company’s common stock, which closed on October 24, 2006. These shares were sold at the initial public offering price of $6.00 per share. Net proceeds to the Company from the exercise of the over-allotment option are expected to be approximately $1.35 million.

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