The planned restructuring and realignment of the company as set out in the "Information paper Reverse Takeover 13. April 2014" remains valid. However, the transaction has now been postponed until the first half of 2015. The reason for this postponement are delays in the retrospective production of IFRS Accounts for the past three years by all three companies in which Conicor Medical AG is invested.

ProgressNow!investAG remains convinced that a successful completion of this project with Conicor Medical AG will lay a solid basis for the future of the company and is thus in the interest of shareholders.

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