NEW YORK, NY--(Marketwire - Mar 1, 2013) - Immunovative, Inc. (OTCQB: [ IMUN ]) ("Immunovative"), Immunovative Therapies, Ltd. ("ITL"), and Dr. Michael Har-Noy, CEO of ITL, announce today that they have reached an amicable resolution of their dispute over ITL's License Agreement with Immunovative. Immunovative has voluntarily dismissed its lawsuit against ITL, Immunovative Clinical Research, Inc., Immunovative (Thailand) Co., Ltd. and Dr. Har-Noy, which was pending in the U.S. District Court for the Southern District of New York. Immunovative did not contest the validity of Dr. Har-Noy's scientific research and the technology underlying the License Agreement in its lawsuit. As part of this resolution, the parties agree that the License Agreement is terminated. Immunovative will also change its name and stock symbol to reflect its ongoing business.

About Immunovative, Inc.:
On February 20, 2013, Immunovative, Inc. filed a Form 8K to notify shareholder that the Company entered into a Settlement Agreement and Release with ITL (the "Settlement Agreement"). The Settlement Agreement resolves all claims brought by the Company against ITL. The Company's current focus is to evaluate potential opportunities in the biotechnology and/or medical device industry, however the Company will consider other potential sectors if deemed in the best interest of shareholders. 

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