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Positron Announces Reverse Stock Split and Registration as a Delaware Corporation
Date:9/23/2013

oved shortly thereafter.

Many institutional investors and brokerage houses have internal practices and policies prohibiting holdings of lower-priced stocks in investment portfolios, which reduce the number of potential buyers of Common Stocks.  Additionally, analysts at many brokerage firms are reluctant to monitor the activity of lower-priced stocks or recommend lower-priced stocks to their clients.  Positron's Board of Directors believes that due to these policies and practices lower-priced stocks have become "off limit" or unattractive to brokers and the investing public.  It is for such reasons that this Reverse Split was deemed prudent and in the shareholders' best interest. Positron will also domicile the Company in Delaware, as it is a more favorable corporate governance jurisdiction and well recognized in the business community.

"Today Positron is a more accomplished and fundamentally stronger company than ever before," said Patrick G. Rooney, Chief Executive Officer of Positron. "We believe that our vertically integrated approach to the cardiac PET market is critical to the growth of the industry.  This integration provides strength and autonomy that will enable Positron to offer a continuous and complete end-to-end solution for cardiologists and their patients. The reverse stock split is simply a reclassification that we believe provides a more clear and manageable representation of our capitalization. This reclassification is an important step as we prepare to execute the next phase of our business plan in becoming an independent manufacturer of radioisotopes, providing a diversified portfolio of products related to key radiopharmaceuticals."

The Reverse Split will not require shareholders of the Company to exchange their existing stock certificates for new stock certificates, although, shareholders may do so if they wish. Please direct any questions you m
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SOURCE Positron Corporation
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