Excerpt: "PLC Systems Inc. (Amex: PLC), today announced that a final
settlement will be held in the United States District Court for the District of
Massachusetts on February 7, 2001 to review a proposed settlement related to
the securities class action litigation against the company.
The principal financial terms of the proposed settlement agreement call for
payment to the plaintiffs, for the benefit of the class, of a total of $1.5 million.
PLC Systems' insurance carriers will fund the entire $1.5 million settlement."
