Delcath Systems: Activist Group Linkedto Announces Communications to Individual Board Members

Sept. 11, 2014 - PRLog -- Dear Delcath Systems Management, Board, and Shareholders,

Group Announces New Stake and Communications with Board Members Regarding Offer previously made. Constructive dialogue in process.

Our group collectively owns about 4.8% of the company's common stock. We recently sent communications to each individual board member regarding the issues with the company and need for a sale.

We also became aware recently that over the past few years the board has had formal or informal talks with Medtronic (MDT) and other strategic buyers regarding a sale of the company.

The board of directors we believe should put it up for sale. The company has significantly underpeformed the market and shareholders have lost over $500 million from the company losing value over the past few years.

We expect the company board to take quick steps to fix the problems with the company and pursue a sale to maximize value.


Look forward to hearing back more from company board soon.

Thanks,

Neil Fromer

Linkedto Partners

Contact:

Jonathan Sanders

203.297.8268

JonathanSand@ bayttrust.com