Echo Announces Election Of New Board Member At Annual Meeting Of Stockholders - ABC6 - Providence, RI and New Bedford, MA News, Weather

Echo Announces Election Of New Board Member At Annual Meeting Of Stockholders

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SOURCE Echo Therapeutics, Inc.

PHILADELPHIA, June 19, 2014 /PRNewswire/ -- Echo Therapeutics, Inc. (NASDAQ: ECTE), a medical device company developing its Symphony® CGM System as a non-invasive, wireless continuous glucose monitoring system, today announced that, based on preliminary results provided by Echo's proxy solicitor, stockholders have elected Shepard M. Goldberg as a new member of the Echo Board of Directors at the 2014 Annual Meeting of Stockholders held on Thursday, June 19, 2014. These preliminary results are subject to receipt of the official confirmation by the independent inspector of elections, IVS Associates, Inc., which is expected to be received early next week.

About Echo Therapeutics

Echo Therapeutics is developing the Symphony CGM System as a non-invasive, wireless, continuous glucose monitoring system for use initially in the critical care setting. A significant longer-term opportunity may also exist for Symphony to be used in the hospital beyond the critical care setting, as well as in patients with diabetes in the outpatient setting. Echo has also developed its needle-free skin preparation device, the Prelude® SkinPrep System, as a platform technology to enhance delivery of topical pharmaceuticals.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 relating to expectations, plans or prospects for Echo that are based upon the current expectations and beliefs of Echo's management. The words "will," "may," "designed to," "outlook," "believes," "should," "anticipates," "plans," "expects," "intends," "estimates," "forecasts" and similar expressions identify certain of these forward-looking statements including statements regarding our revised proxy materials. These forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those expressed or implied by such forward-looking statements.  Those risks and uncertainties include, but are not limited to, risks related to the actions of activist stockholders, including the amount of related costs and the disruption caused to business and financing activities by these actions.  Other risks and uncertainties that may cause actual events to differ materially from the statements we have made herein are identified and described in more detail in Echo's filings with the SEC, including, without limitation, its Annual Report on Form 10-K for the year ended December 31, 2013, its Quarterly Reports on Form 10-Q, and its Current Reports on Form 8-K. The forward-looking statements in this Press Release are made as of the date hereof. Notwithstanding changes that may occur with respect to matters relating to any forward looking statements, Echo does not expect to, and disclaims any obligation to, publicly update, amend or clarify any forward-looking statements whether as a result of new information, future events or otherwise. Echo, however, reserves the right to update such statements or any portion thereof at any time for any reason. 

For More Information:




Christine H. Olimpio

Sylvia Hermina

Director, Investor Relations and

Laurel Hill Advisory Group, LLC

Corporate Communications

(516) 933-3100

(215) 717-4104

shermina@laurelhill.com

colimpio@echotx.com


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