In accordance with the order of the Court of Chancery of the State of Delaware dated August 17, 2007, the Company plans to distribute the Company’s remaining assets to its stockholders as of the date of its dissolution on June 2, 2006 during the summer of 2011.  Based upon the Company’s cash, other assets and projected expenses, the Company believes that the final cash distribution to former stockholders will be between $0.09 and $0.14 per share.  The foregoing statements are made as of May 14, 2010 and the timing and actual amount of the final distribution to former stockholders, if any, are subject to change based upon events occurring after May 14, 2010.  The Company undertakes no obligation to update this information for events subsequent to May 14, 2010.

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Set forth below is a brief history and update regarding the liquidation process for HealtheTech (and its completion).  Effective as of August 7, 2006, Microlife Corporation purchased substantially all of the assets of HealtheTech.  For further product information, purchase inquiries and support, please send an email to: info@mimhs.com.

On August 17, 2007, the Delaware Court of Chancery approved HealtheTech's requested order to make a first distribution of $0.27 per share to its stockholders.  HealtheTech made this distribution in December 2007.  

In accordance with the order of the Delaware Court of Chancery dated August 17, 2007, HealtheTech intends to distribute its remaining assets (cash) on August 29, 2011 to its stockholders of record as August 18, 2011.  HealtheTech estimates this final distribution to be $0.14464 per share, although this amount can change due to unexpected circumstances.  This will be HealtheTech’s final cash distribution and all assets of HealtheTech will have been distributed.

All stockholders of HealtheTech are urged to send us any change of address, so we know how to contact you with respect to these distributions made by HealtheTech.   Send updates to mclouthier@healthetech.com.

Forward-Looking Statements

The above statements contain certain forward-looking statements, or statements which may be deemed or construed to be forward-looking statements within the meaning of the private securities litigation reform act of 1996, with respect to the financial condition and results of HealtheTech.  These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause HealtheTech's actual results and financial condition to differ from predicted future results.  You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.  HealtheTech does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

For questions about previous HealtheTech products or services please send e-mail to:
info@healthetech.com.

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© 2011 Healthetech Inc.