[December 17, 2014]

VOLCANO CORPORATION SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Royal Philips NV

Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Volcano Corporation ("Volcano") (NasdaqGS: VOLC) concerning the sale to Royal Philips (News - Alert) NV. Under the terms of the agreement, Volcano shareholders will only receive $18.00 in cash for each share owned, which is significantly lower than the 52-week high.

If you are an affected investor, and you want to lern more about the investigation or if you have information that you believe would be helpful to our investigation of the fairness of the proposed transaction, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at [email protected], or Patrick Powers at Powers Taylor LLP, toll free (877) 728-9607, via e-mail at [email protected]. There is no cost or fee to you.

The investigation centers on whether Volcano's Board of Directors is acting in the shareholders' best interests, whether the board considered alternatives to the acquisition, and whether the board has employed an adequate process to review and act on the proposed transaction. The $1.2 billion transaction is expected to close in the first quarter of 2015.

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

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