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Align Technology Named in Class Action Lawsuit Company Believes Complaint is Without Merit
Since launching the Invisalign System in July of 1999, Align Technology’s policy has been to sell the System solely to orthodontists. Orthodontists are dental specialists who receive two to three years of training beyond general dentistry in treating malocclusion, or the misalignment of teeth.
About Align Technology, Inc. Align Technology designs, manufactures and markets the Invisalign System, a proprietary new method for treating malocclusion, or the misalignment of teeth. The Invisalign System corrects malocclusion using a series of clear, nearly invisible, removable appliances that gently move teeth to a desired final position. Because it does not rely on the use of metal or ceramic brackets and wires, the Invisalign System significantly reduces the aesthetic and other limitations associated with braces. Invisalign is appropriate for treating adults and older teens. Align Technology was founded in March 1997 and received FDA clearance to market the Invisalign System in 1998.
This release may contain forward-looking statements based on Align Technology’s current expectations with respect to the merit of the pending lawsuit. These forward-looking statements involve risks and uncertainties, including the scope of the plaintiff’s claims, the merit of the plaintiff’s claims, the outcome of litigation, any financial impact resulting from litigation and Align Technology’s ability to successfully conclude the litigation. Other factors that could materially impact Align Technology are discussed in more detail in Align Technology’s registration statement on Form S-1, as well as other reports and documents filed from time to time with the Securities and Exchange Commission.
Align Technology, Inc.:
Stephen J. Bonelli
(408) 470-1165
sbonelli@aligntech.com
Thomson Financial Carson:
Mary Magnani
(415) 617-2542
mary.magnani@tfn.com
Fenton Communications:
Marci Greenberg
(212) 584-5027
mgreenberg@fenton.com
Shannon Henderson
(678) 417-1767
shannon@ethospr.com