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Unilife Issues Letter to Stockholders Regarding Securities Class Action Lawsuit
Date:11/6/2013

YORK, Pa., Nov. 6, 2013 /PRNewswire/ -- Unilife Corporation ("Unilife" or "Company") (NASDAQ: UNIS, ASX: UNS), today responded to a request from the Australian Stock Exchange (ASX) by issuing a letter to its stockholders regarding a securities class action lawsuit.

Dear Unilife Shareholders:

I am writing to you today regarding a lawsuit brought in the US against Unilife Corporation (Unilife), myself, and other officers of the company, which we believe is entirely meritless. This lawsuit has been brought under US securities law by a shareholder holding a very small parcel of shares and mostly repeats the allegations of a lawsuit filed by a former employee, which we are in the process of defending and which we believe to be groundless.  The former employee claims that he was terminated in retaliation for reporting alleged regulatory violations by Unilife.  However, the former employee was in fact terminated due to poor performance and we believe filed the lawsuit in retaliation after Unilife refused to comply with his demand for severance payments (which he was not entitled to due to the reasons for his termination).

We are being advised by lawyers in the US with respect to both of these claims and they have informed us that, in the US, securities law claims of this nature are not uncommon as a means of opportunistic lawyers trying to attract clients.

I am confident that Unilife will prevail with regards to both of these claims and can assure you that Unilife will vigorously defend itself against these actions.

With respect to the allegations made in these claims, I can assure all of you that Unilife is in full compliance with all applicable regulatory requirements. In 2013 two regulatory compliance audits of Unilife's quality system were performed.  Both audits resulted in zero observations, i.e., no deviations from applicable quality standards were noted. In February 2013, the
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