Elekta to pay humediQ EUR 8.9 million in legal dispute


LONDON, UK, May 24, 2016 – On May 23, 2016, an arbitration tribunal in London
issued an award in a dispute between two Elekta (EKTA-B.ST) group companies and
humediQ GmbH.
The award concludes an arbitration with humediQ arising out of an agreement for
the exclusive supply of Identify™ under the Elekta label, which Elekta entered
into in 2011. Identify is a patient identification and setup verification
product. Elekta decided to discontinue to market and sell Identify in late 2014,
due to the product’s commercial viability.

The tribunal determined that the Elekta companies did not validly terminate the
2011 agreement and that, as a result, they must pay humediQ approximately EUR
8.9 million for Identify systems that the Elekta companies did not order
according to minimum volume commitments in the contract. This amount is less
than half of the EUR 19 million that humediQ claimed in the arbitration. The
tribunal held that the respective success of each party was comparable and on
that basis that each party should bear its own legal costs. The Elekta companies
do not have any further obligation to purchase Identify systems from humediQ.

In addition, Elekta will write off approximately EUR 5 million connected to
payments made under the agreement. The negative result of approximately EUR 14
million will be taken in the fourth quarter of Elekta’s fiscal year 2015/16 as a
“non-recurring item”.

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For further information, please contact:
Gert van Santen, Group Vice President Corporate Communications, Elekta AB
Tel: +31 653 561 242, e-mail: gert.vansanten@elekta.com
Time zone: CET: Central European Time
Tobias Bülow, Director Financial Communication, Elekta AB
Tel: +46 722 215 017, e-mail: tobias.bulow@elekta.com
Time zone: CET: Central European Time
The above information is such that Elekta AB (publ) shall make public in
accordance with the Securities Market Act and/or the Financial Instruments
Trading Act. The information was published at 18:00 CET on May 24, 2016.
About Elekta
Elekta is a human care company pioneering significant innovations and clinical
solutions for treating cancer and brain disorders. The company develops
sophisticated, state-of-the-art tools and treatment planning systems for
radiation therapy, radiosurgery and brachytherapy, as well as workflow enhancing
software systems across the spectrum of cancer care. Stretching the boundaries
of science and technology, providing intelligent and resource-efficient
solutions that offer confidence to both health care providers and patients,
Elekta aims to improve, prolong and even save patient lives.
Today, Elekta solutions in oncology and neurosurgery are used in over 6,000
hospitals worldwide. Elekta employs around 3,800 employees globally. The
corporate headquarters is located in Stockholm, Sweden, and the company is
listed on NASDAQ Stockholm. Website: www.elekta.com.

Attachments

05246790.pdf