The Patent and Market court rejected a former employee claim on C-RAD for compensation. The court ruled that the former employee is not entitled to any compensation.

The background is a lawsuit that was filed against C-RAD on May 9th, 2020 from a former employee, claiming compensation for an invention made during his employment at C-RAD. C-RAD strongly rejected the lawsuit and considered the compensation claim to be highly excessive, herewith confirmed by the court verdict.

This is the fourth in a series av disputes with the company where the counterpart was either the same former employee or the company Beamocular AB (owned by the former employee and now in bankruptcy) for which he has been CEO. In all four cases C-RAD has prevailed.

Furthermore, the court verdict states that the former employee should bare C-RADs legal fees, amounting to 2.9 MSEK. The verdict can be appealed.

For further information:

Tim Thurn, CEO C-RAD AB, Phone +46-18-666930, Email investors@c-rad.com

About C-RAD

C-RAD develops surface-guided imaging solutions for radiation therapy to allow highly accurate dose delivery to the tumor, and at the same time, to protect healthy tissue from unwanted exposure. Using high-speed 3D cameras combined with augmented reality, C-RAD supports the initial patient setup process and monitors the patient's motion during treatment to ensure high confidence, an efficient workflow, and improved accuracy. C-RAD monitors the patient's motion without the use of tattoos or additional imaging dose, to deliver the highest level of patient safety and comfort.

C-RAD. Inspiring excellence in cancer treatment.

C-RAD AB is listed on NASDAQ Stockholm.

For more information on C-RAD, please visit http://www.c-rad.com

This information is information that C-Rad is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2021-07-01 12:02 CEST.

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Patent and Market court resolution of claims made by former employee

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