Exhibit 99.1
LecTec Corporation
1407 South Kings Highway
Texarkana, Texas 75501
Contact: Bill Johnson, Controller (903-832-0993)
LecTec Corporation Elects Ramanathan Periakaruppan to Board of Directors
February 16, 2010 Texarkana, Texas LecTec Corporation (OTCBB: LECT) announced today that
Ramanathan Periakaruppan has been elected to LecTec Corporations Board of Directors. Mr.
Periakaruppan, 66, retired to his native India in 2006 after
completing a 37 year career in manufacturing,
during which Mr. Periakaruppan developed an extensive background in product development, project
management and process development. Mr. Periakaruppan worked in product development and project
management at Boston Scientific Corporation from 2001 to 2006, in product development and project
management at Honeywell International Inc. from 1987 to 2001 and in process development at Graco
Inc. from 1968 to 1987. Mr. Periakaruppan earned a bachelor of science degree in mechanical
engineering from the University of Madras.
Ram Periakaruppan is a major shareholder of LecTec. His base in India and experience with new
product development and manufacturing may prove useful to LecTec, especially if the Company expands
R&D and explores manufacturing in Asia. The Board welcomes Ram and looks forward to working with
him, said Judd Berlin, Chief Executive Officer of LecTec Corporation.
About LecTec Corporation
LecTec Corporation is an intellectual property licensing and R&D company holding patents and
trademarks based on its hydrogel patch technology. LecTec Corporations primary focus is to derive
royalty and other income from patents that the Company owns based on its advanced skin interface
technologies. LecTec Corporation was an innovator in hydrogel-based topical delivery of
therapeutic over-the-counter medications, which provide alternatives to topical creams and
ointments. A hydrogel is a gel-like material having an affinity for water and similar compounds.
These gels are ideal for delivering medication onto the skin. LecTec Corporation holds multiple
domestic and international patents on its hydrogel technology.
Cautionary Statements
This press release contains forward-looking statements concerning possible or anticipated
future results of operations or business developments which are typically preceded by the words
believes, wants, expects, anticipates, intends, will, may, should, or similar
expressions. Such forward-looking statements are subject to risks and uncertainties, which could
cause results or developments to differ materially from those, indicated in the forward-looking
statements. Such risks and uncertainties include, but are not limited to, LecTec Corporations
dependence on royalty payments from Novartis Consumer Health, Inc., which is selling an adult vapor
patch licensed by the Company, the Companys dependence on key personnel and Board of Director
members, the Companys pending patent infringement litigation
against Chattem, Inc. (NASDAQ: CHTT) and Prince of Peace Enterprises, Inc., the issuance of new
accounting pronouncements, the availability of opportunities for licensing
agreements related to patents that the Company holds, limitations on market expansion
opportunities, the inclusion of a going-concern qualification in the Companys Form 10-K for the
year ended December 31, 2008 from the Companys independent registered public accounting firm, and
other risks and uncertainties detailed from time to time in the Companys filings with the
Securities and Exchange Commission, and particularly as described in the Risk Factors included in
our Form 10-K for the year ended December 31, 2008.