Aspect Medical Systems, Inc. Investor Alert: Takeover Under Investigation

An analysis on account of accepted investors Aspect Medical Systems, Inc. (Public, NASDAQ:ASPM), who purchased the shares afore September 28, 2009, over abeyant breaches of fiduciary assignment and added violations of accompaniment law in affiliation with an declared arbitrary takeover amount were announced.

Those who currently are investors in shares of Aspect Medical Systems, Inc. (NASDAQ:ASPM), and purchased the shares afore September 28, 2009, and / or accept added advice apropos to the investigation, should acquaintance the Shareholders Foundation, Inc. at email: mail(at)shareholdersfoundation.com or at: +1 (858) 779 - 1554. The analysis by a law close focus on abeyant breaches of fiduciary assignment and added violations of accompaniment law by the Board of Directors of Aspect Medical Systems, Inc. (Public, NASDAQ:ASPM) arising out of their attack to advertise Aspect Medical Systems to Covidien (NYSE: COV). On September 28, 2009 Aspect Medical Systems, Inc. (NASDAQ: ASPM) and Covidien (NYSE: COV) appear that Covidien has accomplished a absolute acceding to access Aspect Medical Systems. Under the proposed acceding a wholly endemic accessory of Covidien will pay $12.00 in banknote per Aspect Medical Systems, Inc. allotment (NASDAQ: ASPM)for a absolute of about $210 million. According to Aspect Medical Systems the Boards of Directors of both companies accept absolutely accustomed the transaction.

According to an analysis by a law close “the transaction appears to be unfair” to accepted investors of Aspect Medical Systems, Inc. (NASDAQ:ASPM) because the “offer to acquirement Aspect Medical Systems, Inc. (NASDAQ:ASPM) at $12 per allotment appears opportunistically timed to crop advantage of the accepted bread-and-butter downturn”. The analysis “concerns whether the application to be paid to ASPM shareholders is grossly unfair, inadequate, and essentially below the fair or inherent amount of ASPM” and “whether the admiral of ASPM, including any appropriate board members, may accept breached their fiduciary duties by not acting in ASPM shareholders' best interests in affiliation with the auction action of ASPM”. Another analysis even calls the accord “suspicious because it appears from a analysis of the Company's banking statements that the inherent amount of the Company's banal is greater than $12.00 per allotment and aswell because the Company has agreed to a amount of accoutrement in its acceding with Covidien plc to dissuade any added aggregation from authoritative a bigger offer.”

Aspect Medical Systems, Inc., amid in Norwood, MA is affianced in developing, manufacturing, and business an anesthesia ecology arrangement called BIS system. The BIS arrangement is based on the Bispectral Index technology. The BIS arrangement provides advice that allows clinicians to appraise and administer a patient’s akin of alertness in the operating room, accelerated affliction and procedural balance settings, and is advised to abetment the analyst in bigger chargeless the aggregate of anesthesia or balance bare by anniversary patient. Aspect Medical Systems appear in 2007 Total Revenue of $97.32million with a Net Income of $2.26million and in 2008 Total Revenue of $99.27million with a Net Income of $11.10million. Shares of Aspect Medical Systems, Inc traded at $11.90 per allotment afterwards the advertisement and at about $8 per allotment afore the announcement. Aspect Medical Systems, Inc shares (NASDAQ: ASPM) were down from a 52weekHigh of $11.94 per share, over $18 per allotment in 2007, and about $37 per allotment in 2006.