The board of directors of ProgressNow!investAG has today decided to cancel the transaction described in the "Information Paper Reverse Takeover 13. April 2014". As a result of changed circumstances a successful conclusion of the transaction appeared unlikely, and thus the "Reverse Takeover" with Conicor Medical AG will no longer take place. The board of directors is currently considering further steps and will inform in the course of the coming weeks.

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