Law Office of Brodsky & Smith, LLC Announces Investigation of IRIS International, Inc.

BALA CYNWYD, Pa., Sept. 19, 2012 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of IRIS International, Inc. ("IRIS" or the "Company") (Nasdaq: IRIS) relating to the proposed acquisition by Danaher Corporation ("Danaher").

Under the terms of the transaction, IRIS shareholders will receive only $19.50 in cash for each share of IRIS stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of IRIS for not acting in the Company's shareholders' best interests in connection with the sale process to Danaher. The transaction may undervalue the Company as price to EBITDA and revenue multiples are below comparable transactions.

If you own shares of IRIS stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions.  You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at [email protected] visiting http://brodsky-smith.com/478-iris-iris-international-inc.html, by calling toll free 877-LEGAL-90.

SOURCE Brodsky & Smith, LLC

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