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Preliminary Settlement Reached With Soleus International

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Hartford, CT: A preliminary approval of a settlement in the action captioned as Lawrence Sypher v. Soleus International Inc., Civil Action No. BC395530 (Superior Court of California, Los Angeles County) has been reached.

The litigation involved alleged misrepresentations concerning information in the marketing, advertising and sale of portable air conditioners using evaporative technology. The Court has preliminarily certified a settlement class consisting of all persons or entities in the Untied States who purchased Soleus portable air conditioners (including the KY, LX, PE or PH series), which were advertised as using evaporative technology on or before October 20, 2009. If you believe that you are a member of the settlement class, you may be entitled to receive benefits under this class action settlement.

A final approval hearing has been scheduled for May 7, 2010. Claim forms must be postmarked no later than June 1, 2010.

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