Delcath Systems: Unsolicited Bid of $2.85 Made By Activist Firm, Seeks Discussions

UNITED STATES, N.Y. - Sept. 5, 2014 - PRLog -- September 5, 2014

Dear Delcath Systems Investors:

We are seeking talks with Delcath Systems board of directors for an unsolicited non-binding offer for the company at $2.85 per share.

We still believe Delcath Systems is undervalued - yet has a history of mismanagement due to bad prior decisions & still has valuable products, IP, and decent cash reserves.  The company is still burning cash rapidly & this excessive cash burn must be stopped & other measures taken pre-emptively to achieve full value.  We currently own or control shares which are more than most of the management have. Other shareholders have contacted us & offered support in making changes to the company and they many times own shares in excess of what management owns as well.

Linkedto Partners would obtain cash or credit financing from  from a big Middle East investment fund it is collaborating with for the deal pending various potential due diligence on Delcath Systems.

Thanks.

Regards,

Neil Fromer

Linkedto Partners

Contact:

Jonathan Sanders

JonathanSand@Bayttrust.com

206-203-4690