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LABSTYLE INNOVATIONS CORP. FILES (8-K) Disclosing Change in Directors or Principal Officers(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On December 29, 2013, Erez Raphael, the Company's President and Chief Executive Officer, was appointed to serve as a director on the Company's Board of Directors. Mr. Raphael is a party to that certain Employment Agreement dated October 11, 2012, as amended on April 1, 2013 and August 30, 2013 (the "Employment Agreement"). A description of the terms of the Employment Agreement is disclosed in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on September 6, 2013, which is incorporated by reference herein. Aside from the Employment Agreement, Mr. Raphael has not been involved in any transaction with the Company that would require disclosure under Item 404(a) of the Regulation S-K. Cautionary Note Regarding Forward-Looking Statements This Current Report of the Company contains or may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words such as "plan," "project," "potential," "seek," "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" are intended to identify forward-looking statements. Readers are cautioned that certain important factors may affect the Company's actual results and could cause such results to differ materially from any forward-looking statements that may be made in this Current Report. Factors that may affect the Company's results include, but are not limited to, the actual negotiations with and performance of the executives and consultant named herein. Additional factors that could cause or contribute to differences between the Company's actual results and forward-looking statements include, but are not limited to, those risks discussed in the Company's filings with the U.S. Securities and Exchange Commission. Readers are cautioned that actual results may differ significantly from those set forth in the forward-looking statements. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. |