PEABODY, Mass., Sept. 9, 2011 (GLOBE NEWSWIRE) — Analogic Corporation (Nasdaq:ALOG), a leading provider of medical imaging and aviation security technology, today announced the settlement of a matter involving Neurologica Corporation and senior executives of that company. Earlier this year, Analogic had raised concerns that its intellectual property and other rights had been violated. These concerns have been resolved, and the matter has been settled. Terms of the settlement are confidential. A lawsuit filed by Neurologica in May, 2011 has been dismissed.
Analogic (Nasdaq:ALOG), headquartered in Peabody, Mass., is a high-technology company that designs and manufactures advanced medical imaging and security systems and subsystems sold to original equipment manufacturers (OEMs) and end users in the healthcare and homeland security markets. We are recognized worldwide for advancing state-of-the-art technology in the areas of computed tomography (CT), magnetic resonance imaging (MRI), digital radiography, ultrasound, and automatic explosives detection for airport security. Our OEM customers incorporate our technology into systems that they in turn sell for various medical and security applications. We also sell our ultrasound products directly to clinical end-user markets through our direct worldwide sales force under the brand name BK Medical. For more information, visit www.analogic.com.
CONTACT: Mark Namaroff Director of Investor Relations & Corporate Marketing (978) 326-4058 email@example.com